Sunnova Financial Statements From 2010 to 2025

NOVA Stock  USD 0.22  0.01  4.35%   
Sunnova Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Sunnova Energy's valuation are provided below:
Gross Profit
280.1 M
Profit Margin
(0.44)
Market Capitalization
27.2 M
Enterprise Value Revenue
9.8541
Revenue
839.9 M
We have found one hundred twenty available fundamental trend indicators for Sunnova Energy International, which can be analyzed and compared to other ratios and to its competition. All investors should make sure to double-check all of Sunnova Energy International current market performance against the performance between 2010 and 2025 to make sure the company can sustain itself down the road. The current year's Enterprise Value is expected to grow to about 8.2 B, whereas Market Cap is forecasted to decline to about 364.4 M.

Sunnova Energy Total Revenue

881.92 Million

Check Sunnova Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunnova Energy's main balance sheet or income statement drivers, such as Interest Income of 157.4 M, Depreciation And Amortization of 270.3 M or Interest Expense of 515.7 M, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0 or PTB Ratio of 0.22. Sunnova financial statements analysis is a perfect complement when working with Sunnova Energy Valuation or Volatility modules.
  
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Check out the analysis of Sunnova Energy Correlation against competitors.

Sunnova Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets14 B13.4 B4.4 B
Slightly volatile
Short and Long Term Debt Total8.9 B8.5 B2.8 B
Slightly volatile
Other Current Liabilities312 M297.1 M88.8 M
Slightly volatile
Total Current Liabilities1.4 B1.3 B399.6 M
Slightly volatile
Total Stockholder Equity1.1 B1.8 B751.8 M
Slightly volatile
Other Liabilities840.5 M800.4 M255.1 M
Slightly volatile
Property Plant And Equipment Net7.8 B7.4 B2.6 B
Slightly volatile
Current Deferred Revenue61.4 M58.4 M22 M
Slightly volatile
Net Debt8.7 B8.2 B2.7 B
Slightly volatile
Accounts Payable734.4 M699.4 M140.5 M
Slightly volatile
Cash196.6 M211.2 M126.3 M
Slightly volatile
Non Current Assets Total12.9 B12.3 B4.1 B
Slightly volatile
Non Currrent Assets OtherB4.8 B1.1 B
Slightly volatile
Other AssetsB3.8 B1.2 B
Slightly volatile
Long Term Debt8.5 B8.1 B2.6 B
Slightly volatile
Cash And Short Term Investments196.6 M211.2 M126.3 M
Slightly volatile
Net Receivables594 M565.7 M143.5 M
Slightly volatile
Common Stock Total Equity8.6 KK117.7 K
Slightly volatile
Common Stock Shares Outstanding104.9 M124.2 M90.6 M
Slightly volatile
Long Term Debt Total1.1 B1.5 BB
Slightly volatile
Liabilities And Stockholders Equity14 B13.4 B4.4 B
Slightly volatile
Non Current Liabilities Total9.8 B9.3 BB
Slightly volatile
Capital Surpluse882.3 M1.2 B798 M
Slightly volatile
Inventory98 M126.7 M51.5 M
Slightly volatile
Other Current Assets84.5 M93.2 M50.6 M
Slightly volatile
Other Stockholder Equity1.5 B1.8 BB
Slightly volatile
Total Liabilities11.2 B10.7 B3.4 B
Slightly volatile
Net Invested Capital5.3 B10.3 B3.2 B
Slightly volatile
Long Term Investments361.9 K414 K356.4 K
Pretty Stable
Property Plant And Equipment Gross8.6 B8.2 B2.8 B
Slightly volatile
Short and Long Term Debt208.2 M327.2 M154.8 M
Slightly volatile
Total Current Assets609.1 MB350.5 M
Slightly volatile
Non Current Liabilities Other1.3 B1.2 B338.5 M
Slightly volatile
Short Term Debt209.9 M327.2 M155.6 M
Slightly volatile
Intangible Assets93.1 M105.2 M42.9 M
Slightly volatile
Common Stock12.3 K13 K118.5 K
Slightly volatile
Property Plant Equipment2.4 B4.3 BB
Slightly volatile
Capital Stock12.3 K13 K879 K
Slightly volatile
Capital Lease Obligations2.4 M4.9 M1.5 M
Slightly volatile
Short Term Investments7.8 M8.6 MM
Slightly volatile

Sunnova Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income157.4 M149.9 M39.6 M
Slightly volatile
Depreciation And Amortization270.3 M257.4 M84 M
Slightly volatile
Interest Expense515.7 M491.2 M162.2 M
Slightly volatile
Selling General Administrative224.3 M359 M140 M
Slightly volatile
Total Revenue881.9 M839.9 M265.8 M
Slightly volatile
Gross Profit395.8 M377 M130.2 M
Slightly volatile
Other Operating Expenses1.1 B1.1 B329.9 M
Slightly volatile
Cost Of Revenue486.1 M463 M135.6 M
Slightly volatile
Total Operating Expenses647.3 M616.5 M194.3 M
Slightly volatile
Reconciled Depreciation270.3 M257.4 M84 M
Slightly volatile
Selling And Marketing Expenses25.3 M24.1 M4.3 M
Slightly volatile

Sunnova Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Borrowings2.6 B2.5 B863.7 M
Slightly volatile
Stock Based Compensation16.5 M28.2 M9.2 M
Slightly volatile
Begin Period Cash Flow299.6 M494.4 M176.8 M
Slightly volatile
Other Cashflows From Financing Activities659.6 MB398.5 M
Slightly volatile
Depreciation270.3 M257.4 M84 M
Slightly volatile
Capital Expenditures880.1 M1.6 B560.3 M
Slightly volatile
Total Cash From Financing Activities1.6 BB970.2 M
Slightly volatile
End Period Cash Flow342.6 M548.1 M212.9 M
Slightly volatile
Change To Netincome9.6 M10.1 M24.1 M
Very volatile
Issuance Of Capital Stock93 M73.2 M138.2 M
Slightly volatile
Dividends Paid718.7 M808.5 M881.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.480.50749.6501
Slightly volatile
PTB Ratio0.220.23272.0467
Slightly volatile
Days Sales Outstanding258246106
Slightly volatile
Book Value Per Share11.7421.612110.2243
Slightly volatile
Stock Based Compensation To Revenue0.0370.03360.0339
Slightly volatile
Capex To Depreciation8.266.38137.8398
Pretty Stable
PB Ratio0.220.23272.0467
Slightly volatile
EV To Sales9.8110.328819.7688
Slightly volatile
Inventory Turnover4.133.318.5617
Slightly volatile
Days Of Inventory On Hand206114143
Slightly volatile
Payables Turnover0.630.66191.3145
Pretty Stable
Sales General And Administrative To Revenue0.720.42750.6843
Slightly volatile
Capex To Revenue2.861.95592.8464
Slightly volatile
Cash Per Share1.471.69991.3076
Slightly volatile
Days Payables Outstanding579551314
Pretty Stable
Income Quality0.760.69420.7576
Slightly volatile
Intangibles To Total Assets0.00890.00790.0055
Slightly volatile
Current Ratio1.040.77620.9461
Slightly volatile
Tangible Book Value Per Share11.220.76529.8552
Slightly volatile
Receivables Turnover1.411.48486.7307
Slightly volatile
Shareholders Equity Per Share8.6614.74277.911
Slightly volatile
Debt To Equity2.54.6192.7028
Slightly volatile
Capex Per Share13.8813.2236.1571
Slightly volatile
Average Receivables22.9 M30.3 M26.4 M
Slightly volatile
Revenue Per Share7.16.76052.5444
Slightly volatile
Interest Debt Per Share75.6572.050428.5269
Slightly volatile
Debt To Assets0.490.63360.6099
Slightly volatile
Operating Cycle300246232
Slightly volatile
Price Book Value Ratio0.220.23272.0467
Slightly volatile
Days Of Payables Outstanding579551314
Pretty Stable
Ebt Per Ebit2.352.47266.2731
Slightly volatile
Company Equity Multiplier4.047.29064.3447
Slightly volatile
Long Term Debt To Capitalization0.570.740.6837
Slightly volatile
Total Debt To Capitalization0.590.8220.7091
Slightly volatile
Debt Equity Ratio2.54.6192.7028
Slightly volatile
Quick Ratio0.870.77620.8273
Slightly volatile
Net Income Per E B T1.060.62110.9872
Pretty Stable
Cash Ratio0.150.15950.4284
Very volatile
Days Of Inventory Outstanding206114143
Slightly volatile
Days Of Sales Outstanding258246106
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio8.246.2856.8476
Very volatile
Price To Book Ratio0.220.23272.0467
Slightly volatile
Fixed Asset Turnover0.07630.11330.0827
Slightly volatile
Debt Ratio0.490.63360.6099
Slightly volatile
Price Sales Ratio0.480.50749.6501
Slightly volatile
Asset Turnover0.04550.06290.0566
Pretty Stable
Gross Profit Margin0.610.44880.5943
Slightly volatile
Price Fair Value0.220.23272.0467
Slightly volatile

Sunnova Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap364.4 M383.5 M1.2 B
Pretty Stable
Enterprise Value8.2 B7.8 B3.8 B
Slightly volatile

Sunnova Fundamental Market Drivers

Forward Price Earnings100
Cash And Short Term Investments211.2 M

Sunnova Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Sunnova Energy Financial Statements

Sunnova Energy stakeholders use historical fundamental indicators, such as Sunnova Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sunnova Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sunnova Energy's assets and liabilities are reflected in the revenues and expenses on Sunnova Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sunnova Energy International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue58.4 M61.4 M
Total Revenue839.9 M881.9 M
Cost Of Revenue463 M486.1 M
Stock Based Compensation To Revenue 0.03  0.04 
Sales General And Administrative To Revenue 0.43  0.72 
Capex To Revenue 1.96  2.86 
Revenue Per Share 6.76  7.10 
Ebit Per Revenue(0.29)(0.30)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:
Check out the analysis of Sunnova Energy Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.96)
Revenue Per Share
6.76
Quarterly Revenue Growth
0.154
Return On Assets
(0.01)
Return On Equity
(0.19)
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.