Sunnova Net Borrowings from 2010 to 2024

NOVA Stock  USD 5.41  0.07  1.31%   
Sunnova Energy's Net Borrowings is increasing over the years with slightly volatile fluctuation. Overall, Net Borrowings is expected to go to about 2.6 B this year. Net Borrowings is the difference between the amount of new debt Sunnova Energy International has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2018-03-31
Previous Quarter
814.6 M
Current Value
814.6 M
Quarterly Volatility
264.8 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 121.7 M, Depreciation And Amortization of 96.6 M or Interest Expense of 390.5 M, as well as many indicators such as Price To Sales Ratio of 2.38, 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 Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Sunnova Energy International over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Sunnova Energy's Net Borrowings 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.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Sunnova Net Borrowings Regression Statistics

Arithmetic Mean778,301,033
Geometric Mean456,973,206
Coefficient Of Variation114.26
Mean Deviation712,551,515
Median238,857,000
Standard Deviation889,284,314
Sample Variance790826.6T
Range2.5B
R-Value0.81
Mean Square Error291383.6T
R-Squared0.66
Significance0.0002
Slope161,284,852
Total Sum of Squares11071572.3T

Sunnova Net Borrowings History

20242.6 B
20232.5 B
20222.1 B
20211.3 B
2020682.9 M
2019494.9 M
2018128.5 M

About Sunnova Energy Financial Statements

Sunnova Energy stakeholders use historical fundamental indicators, such as Sunnova Energy's Net Borrowings, 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
Net Borrowings2.5 B2.6 B

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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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market 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
(3.42)
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.