Solar Alliance Energy Stock Return On Asset
| SOLR Stock | CAD 0.03 0.01 25.00% |
Solar Alliance Energy fundamentals help investors to digest information that contributes to Solar Alliance's financial success or failures. It also enables traders to predict the movement of Solar Stock. The fundamental analysis module provides a way to measure Solar Alliance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solar Alliance stock.
Solar |
Solar Alliance Energy Company Return On Asset Analysis
Solar Alliance's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Solar Alliance Return On Asset | -0.25 |
Most of Solar Alliance's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Solar Alliance Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Solar Alliance Energy has a Return On Asset of -0.2492. This is 91.38% lower than that of the Semiconductors & Semiconductor Equipment sector and 96.53% lower than that of the Information Technology industry. The return on asset for all Canada stocks is 78.0% higher than that of the company.
Solar Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solar Alliance's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solar Alliance could also be used in its relative valuation, which is a method of valuing Solar Alliance by comparing valuation metrics of similar companies.Solar Alliance is currently under evaluation in return on asset category among its peers.
Solar Fundamentals
| Return On Equity | -6.84 | |||
| Return On Asset | -0.25 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.70) % | |||
| Current Valuation | 10.37 M | |||
| Shares Outstanding | 294.19 M | |||
| Shares Owned By Insiders | 42.24 % | |||
| Number Of Shares Shorted | 1.21 K | |||
| Price To Book | 93.97 X | |||
| Price To Sales | 1.39 X | |||
| Revenue | 7.47 M | |||
| Gross Profit | 663.58 K | |||
| EBITDA | (762.93 K) | |||
| Net Income | (1.81 M) | |||
| Cash And Equivalents | 403.2 K | |||
| Total Debt | 137.5 K | |||
| Current Ratio | 0.19 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | 97.33 K | |||
| Short Ratio | 0.58 X | |||
| Target Price | 1.15 | |||
| Beta | 1.32 | |||
| Market Capitalization | 10.3 M | |||
| Total Asset | 1.8 M | |||
| Retained Earnings | (68.87 M) | |||
| Working Capital | (2.31 M) | |||
| Net Asset | 1.8 M |
About Solar Alliance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solar Alliance Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solar Alliance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solar Alliance Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Solar Stock Analysis
When running Solar Alliance's price analysis, check to measure Solar Alliance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solar Alliance is operating at the current time. Most of Solar Alliance's value examination focuses on studying past and present price action to predict the probability of Solar Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar Alliance's price. Additionally, you may evaluate how the addition of Solar Alliance to your portfolios can decrease your overall portfolio volatility.