Sunnova Income Before Tax from 2010 to 2025

NOVA Stock  USD 1.77  0.09  4.84%   
Sunnova Energy's Income Before Tax is decreasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is projected to go to about -430.4 M this year. From 2010 to 2025 Sunnova Energy Income Before Tax quarterly data regression line had arithmetic mean of (180,723,625) and r-squared of  0.57. View All Fundamentals
 
Income Before Tax  
First Reported
2018-03-31
Previous Quarter
-150 M
Current Value
-196.4 M
Quarterly Volatility
59.3 M
 
Covid
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 139.9 M, Depreciation And Amortization of 219.5 M or Interest Expense of 449.1 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0 or PTB Ratio of 2.3. Sunnova financial statements analysis is a perfect complement when working with Sunnova Energy Valuation or Volatility modules.
  
Check out the analysis of Sunnova Energy Correlation against competitors.

Latest Sunnova Energy's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Sunnova Energy International over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Sunnova Energy income statement and is an important metric when analyzing Sunnova Energy Inter profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Sunnova Energy's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunnova Energy's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Sunnova Income Before Tax Regression Statistics

Arithmetic Mean(180,723,625)
Geometric Mean140,265,631
Coefficient Of Variation(83.47)
Mean Deviation121,468,062
Median(90,182,000)
Standard Deviation150,846,125
Sample Variance22754.6T
Range435M
R-Value(0.76)
Mean Square Error10445.2T
R-Squared0.57
Significance0.0007
Slope(23,953,726)
Total Sum of Squares341318.3T

Sunnova Income Before Tax History

2025-430.4 M
2024-453.1 M
2023-503.4 M
2022-126.4 M
2021-147.2 M
2020-307.6 M
2019-133.4 M

About Sunnova Energy Financial Statements

Sunnova Energy stakeholders use historical fundamental indicators, such as Sunnova Energy's Income Before Tax, 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
Income Before Tax-453.1 M-430.4 M

Also Currently Popular

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 Transaction History module to view history of all your transactions and understand their impact on performance.
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
(3.38)
Revenue Per Share
6.552
Quarterly Revenue Growth
0.186
Return On Assets
(0.01)
Return On Equity
(0.23)
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.