Solar Alliance Cash And Equivalents vs. Price To Book
| SAENF Stock | USD 0.02 0 8.61% |
For Solar Alliance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solar Alliance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solar Alliance Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solar Alliance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solar Alliance Energy over time as well as its relative position and ranking within its peers.
Solar |
Solar Alliance Energy Price To Book vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solar Alliance's current stock value. Our valuation model uses many indicators to compare Solar Alliance value to that of its competitors to determine the firm's financial worth. Solar Alliance Energy is currently regarded as top stock in cash and equivalents category among its peers. It also is currently regarded as top stock in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for Solar Alliance Energy is about 3,574 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Solar Alliance's earnings, one of the primary drivers of an investment's value.Solar Price To Book vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Solar Alliance |
| = | 320.84 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Solar Alliance |
| = | 89.77 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Solar Price To Book Comparison
Solar Alliance is currently under evaluation in price to book category among its peers.
Solar Alliance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solar Alliance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solar Alliance will eventually generate negative long term returns. The profitability progress is the general direction of Solar Alliance's change in net profit over the period of time. It can combine multiple indicators of Solar Alliance, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada. Solar Alliance is traded on OTC Exchange in the United States.
Solar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solar Alliance. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Solar Alliance position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Solar Alliance's important profitability drivers and their relationship over time.
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Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
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Use Investing Themes to Complement your Solar Alliance position
In addition to having Solar Alliance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Solar OTC Stock
To fully project Solar Alliance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solar Alliance Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Solar Alliance's income statement, its balance sheet, and the statement of cash flows.