Solar Alliance Energy (TSXV:SOLR) Scaled Net Operating Assets : -0.85 (As of Dec. 2023)

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What is Solar Alliance Energy Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Solar Alliance Energy's operating assets for the quarter that ended in Dec. 2023 was C$1.10 Mil. Solar Alliance Energy's operating liabilities for the quarter that ended in Dec. 2023 was C$3.97 Mil. Solar Alliance Energy's Total Assets for the quarter that ended in Sep. 2023 was C$3.38 Mil. Therefore, Solar Alliance Energy's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.85.

Solar Alliance Energy Scaled Net Operating Assets Historical Data

The historical data trend for Solar Alliance Energy's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Solar Alliance Energy Scaled Net Operating Assets Chart

Solar Alliance Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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-4.87

-3.59

-2.18

-0.17

-0.78

Solar Alliance Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-0.15	-0.34	-0.58	-0.74	-0.85

Competitive Comparison of Solar Alliance Energy's Scaled Net Operating Assets

For the Solar subindustry, Solar Alliance Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Solar Alliance Energy's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Alliance Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Solar Alliance Energy's Scaled Net Operating Assets falls into.

Solar Alliance Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Solar Alliance Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1.1	-	3.97)	/	3.698
=	-0.78

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.803	-	0.703
=	1.1

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.108	-	0	-	0.138
=	3.97

Solar Alliance Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(1.1	-	3.97)	/	3.376
=	-0.85

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.803	-	0.703
=	1.1

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.108	-	0	-	0.138
=	3.97

Solar Alliance Energy Scaled Net Operating Assets Related Terms

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Solar Alliance Energy (TSXV:SOLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Alliance Energy Inc (TSXV:SOLR) » Definitions » Scaled Net Operating Assets

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SAENF:USA

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.solaralliance.com

Solar Alliance Energy Inc is an energy solutions provider focused on commercial, industrial, and residential solar installations. Its operating segments are Solar EPC and Solar generation from solar facilities. The company operates in two geographical markets - the United States and Canada. The United States contributes a majority of the total revenue.

Executives

Jason Bak

Director, Senior Officer