Sunnova Stock Based Compensation vs Investments Analysis

NOVA Stock

USD 3.70 0.33 9.79%

Sunnova Energy financial indicator trend analysis is much more than just breaking down Sunnova Energy Inter prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunnova Energy Inter is a good investment. Please check the relationship between Sunnova Energy Stock Based Compensation and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunnova Energy Inter Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Sunnova Energy's Stock Based Compensation and Investments is -0.89. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of Sunnova Energy International, assuming nothing else is changed. The correlation between historical values of Sunnova Energy's Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Sunnova Energy International are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Sunnova Energy's Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Sunnova Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunnova Energy Inter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At present, Sunnova Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 93 M, whereas Tax Provision is projected to grow to (971.9 K).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	107.0M	136.6M	181.8M	95.8M
Interest Income	34.2M	59.8M	115.9M	121.7M

Depreciation And Amortization Interest Income

Sunnova Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets
Total Assets		1.0	0.99	0.97	0.89	0.99	0.9	0.9	0.88	1.0	-0.11	0.94	0.78	1.0	0.5	0.99	1.0	0.78	0.99	-0.78	0.67	0.72	1.0	0.74	0.85	0.52
Short Long Term Debt Total	1.0		0.98	0.97	0.87	0.99	0.88	0.89	0.9	1.0	-0.07	0.95	0.75	1.0	0.48	0.99	1.0	0.75	0.99	-0.75	0.67	0.7	1.0	0.72	0.83	0.49
Other Current Liab	0.99	0.98		0.93	0.91	0.99	0.93	0.91	0.82	0.98	-0.19	0.88	0.83	0.99	0.6	0.99	0.99	0.83	0.97	-0.84	0.64	0.78	0.99	0.79	0.89	0.59
Total Current Liabilities	0.97	0.97	0.93		0.76	0.94	0.79	0.83	0.94	0.98	0.1	0.99	0.6	0.97	0.28	0.94	0.97	0.6	0.97	-0.65	0.6	0.58	0.97	0.61	0.7	0.41
Total Stockholder Equity	0.89	0.87	0.91	0.76		0.89	0.94	0.96	0.62	0.86	-0.46	0.71	0.91	0.88	0.68	0.89	0.88	0.91	0.83	-0.89	0.69	0.92	0.87	0.92	0.99	0.66
Other Liab	0.99	0.99	0.99	0.94	0.89		0.88	0.9	0.87	0.99	-0.12	0.9	0.82	0.99	0.59	1.0	0.99	0.82	0.99	-0.77	0.72	0.71	0.99	0.73	0.86	0.48
Net Tangible Assets	0.9	0.88	0.93	0.79	0.94	0.88		0.87	0.58	0.87	-0.51	0.74	0.87	0.89	0.62	0.89	0.88	0.87	0.82	-0.97	0.51	0.91	0.88	0.91	0.95	0.8
Property Plant And Equipment Net	0.9	0.89	0.91	0.83	0.96	0.9	0.87		0.73	0.89	-0.24	0.79	0.81	0.9	0.57	0.9	0.9	0.81	0.88	-0.79	0.7	0.85	0.9	0.86	0.92	0.55
Current Deferred Revenue	0.88	0.9	0.82	0.94	0.62	0.87	0.58	0.73		0.9	0.34	0.94	0.47	0.89	0.22	0.87	0.89	0.47	0.93	-0.39	0.68	0.36	0.89	0.39	0.54	0.11
Net Debt	1.0	1.0	0.98	0.98	0.86	0.99	0.87	0.89	0.9		-0.05	0.95	0.74	1.0	0.46	0.99	1.0	0.74	0.99	-0.74	0.66	0.69	1.0	0.71	0.81	0.49
Retained Earnings	-0.11	-0.07	-0.19	0.1	-0.46	-0.12	-0.51	-0.24	0.34	-0.05		0.16	-0.57	-0.09	-0.54	-0.12	-0.08	-0.57	0.02	0.63	-0.08	-0.63	-0.08	-0.61	-0.55	-0.64
Accounts Payable	0.94	0.95	0.88	0.99	0.71	0.9	0.74	0.79	0.94	0.95	0.16		0.51	0.94	0.18	0.9	0.94	0.51	0.94	-0.6	0.56	0.54	0.94	0.57	0.64	0.38
Cash	0.78	0.75	0.83	0.6	0.91	0.82	0.87	0.81	0.47	0.74	-0.57	0.51		0.76	0.9	0.81	0.77	1.0	0.73	-0.83	0.69	0.81	0.76	0.8	0.96	0.56
Non Current Assets Total	1.0	1.0	0.99	0.97	0.88	0.99	0.89	0.9	0.89	1.0	-0.09	0.94	0.76		0.48	0.99	1.0	0.76	0.99	-0.77	0.67	0.71	1.0	0.73	0.84	0.51
Non Currrent Assets Other	0.5	0.48	0.6	0.28	0.68	0.59	0.62	0.57	0.22	0.46	-0.54	0.18	0.9	0.48		0.58	0.5	0.9	0.49	-0.63	0.54	0.61	0.49	0.59	0.76	0.39
Other Assets	0.99	0.99	0.99	0.94	0.89	1.0	0.89	0.9	0.87	0.99	-0.12	0.9	0.81	0.99	0.58		0.99	0.81	0.99	-0.77	0.7	0.72	0.99	0.73	0.86	0.5
Long Term Debt	1.0	1.0	0.99	0.97	0.88	0.99	0.88	0.9	0.89	1.0	-0.08	0.94	0.77	1.0	0.5	0.99		0.77	0.99	-0.76	0.68	0.71	1.0	0.73	0.84	0.5
Cash And Short Term Investments	0.78	0.75	0.83	0.6	0.91	0.82	0.87	0.81	0.47	0.74	-0.57	0.51	1.0	0.76	0.9	0.81	0.77		0.73	-0.83	0.69	0.81	0.76	0.8	0.96	0.56
Net Receivables	0.99	0.99	0.97	0.97	0.83	0.99	0.82	0.88	0.93	0.99	0.02	0.94	0.73	0.99	0.49	0.99	0.99	0.73		-0.69	0.69	0.63	0.99	0.65	0.78	0.41
Common Stock Total Equity	-0.78	-0.75	-0.84	-0.65	-0.89	-0.77	-0.97	-0.79	-0.39	-0.74	0.63	-0.6	-0.83	-0.77	-0.63	-0.77	-0.76	-0.83	-0.69		-0.34	-0.95	-0.76	-0.94	-0.91	-0.91
Common Stock Shares Outstanding	0.67	0.67	0.64	0.6	0.69	0.72	0.51	0.7	0.68	0.66	-0.08	0.56	0.69	0.67	0.54	0.7	0.68	0.69	0.69	-0.34		0.36	0.67	0.37	0.67	-0.07
Long Term Debt Total	0.72	0.7	0.78	0.58	0.92	0.71	0.91	0.85	0.36	0.69	-0.63	0.54	0.81	0.71	0.61	0.72	0.71	0.81	0.63	-0.95	0.36		0.7	1.0	0.92	0.87
Non Current Liabilities Total	1.0	1.0	0.99	0.97	0.87	0.99	0.88	0.9	0.89	1.0	-0.08	0.94	0.76	1.0	0.49	0.99	1.0	0.76	0.99	-0.76	0.67	0.7		0.72	0.83	0.5
Capital Surpluse	0.74	0.72	0.79	0.61	0.92	0.73	0.91	0.86	0.39	0.71	-0.61	0.57	0.8	0.73	0.59	0.73	0.73	0.8	0.65	-0.94	0.37	1.0	0.72		0.91	0.86
Inventory	0.85	0.83	0.89	0.7	0.99	0.86	0.95	0.92	0.54	0.81	-0.55	0.64	0.96	0.84	0.76	0.86	0.84	0.96	0.78	-0.91	0.67	0.92	0.83	0.91		0.68
Other Current Assets	0.52	0.49	0.59	0.41	0.66	0.48	0.8	0.55	0.11	0.49	-0.64	0.38	0.56	0.51	0.39	0.5	0.5	0.56	0.41	-0.91	-0.07	0.87	0.5	0.86	0.68

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Sunnova Energy Account Relationship Matchups

Sunnova Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	3.6B	5.5B	8.3B	11.3B	11.9B
Short Long Term Debt Total	1.4B	2.0B	3.3B	5.4B	7.5B	7.9B
Other Current Liab	59.3M	55.1M	108.9M	178.0M	201.0M	211.0M
Total Current Liabilities	195.0M	210.9M	310.9M	541.9M	1.1B	1.2B
Total Stockholder Equity	645.9M	951.7M	1.2B	1.3B	1.5B	1.0B
Other Liab	90.9M	148.0M	436.0M	696.0M	800.4M	840.5M
Net Tangible Assets	645.9M	951.7M	985.8M	1.1B	1.3B	1.3B
Property Plant And Equipment Net	1.7B	2.3B	2.9B	3.8B	5.6B	3.0B
Current Deferred Revenue	2.1M	3.8M	15.3M	30.2M	50.8M	53.4M
Net Debt	1.4B	1.8B	3.0B	5.0B	7.3B	7.7B
Retained Earnings	(361.8M)	(531.0M)	(459.7M)	(364.8M)	(228.6M)	(240.0M)
Accounts Payable	36.2M	39.9M	55.0M	116.1M	355.8M	373.6M
Cash	83.5M	209.9M	243.1M	360.3M	212.8M	191.5M
Non Current Assets Total	2.2B	3.1B	4.9B	7.4B	10.4B	10.9B
Non Currrent Assets Other	467.7M	807.8M	1.8B	3.4B	559.2M	531.2M
Other Assets	484.6M	807.8M	1.8B	3.3B	3.8B	4.0B
Long Term Debt	1.3B	1.9B	3.1B	5.2B	7.0B	7.4B
Cash And Short Term Investments	83.5M	209.9M	243.1M	360.3M	212.8M	191.5M
Net Receivables	16.8M	34.3M	144.0M	366.2M	485.7M	510.0M
Common Stock Shares Outstanding	40.8M	87.9M	110.9M	114.5M	118.3M	100.3M
Liabilities And Stockholders Equity	2.5B	3.6B	5.5B	8.3B	11.3B	11.9B
Non Current Liabilities Total	1.5B	2.1B	3.6B	5.9B	8.1B	8.5B
Inventory	43.7M	102.6M	128.0M	152.1M	148.6M	92.1M
Other Current Assets	174.0M	109.9M	100.7M	69.8M	89.1M	91.6M
Other Stockholder Equity	1.0B	1.5B	1.6B	1.6B	1.8B	1.4B
Total Liab	1.7B	2.3B	3.9B	6.4B	9.2B	9.7B
Net Invested Capital	2.1B	3.0B	4.5B	6.7B	9.0B	9.5B
Property Plant And Equipment Gross	1.7B	2.3B	3.2B	4.2B	6.2B	3.2B
Short Long Term Debt	97.5M	110.9M	129.8M	214.4M	483.5M	507.7M
Total Current Assets	274.3M	456.7M	615.7M	948.4M	936.2M	534.6M
Non Current Liabilities Other	127.4M	171.4M	436.0M	712.7M	1.1B	1.1B
Net Working Capital	79.3M	245.8M	304.8M	406.4M	(159.0M)	(151.1M)
Short Term Debt	97.5M	112.1M	131.6M	217.7M	487.7M	512.1M
Property Plant Equipment	1.7B	2.3B	2.9B	3.7B	4.3B	2.4B

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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:

How To Invest In Sunnova

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Is Sunnova Stock a good investment?

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What is Sunnova Energy's Net Worth?

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Largest Independent Power and Renewable Electricity Producers Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.

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Sunnova Stock Based Compensation vs Investments Analysis

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Investments

Sunnova Energy fundamental ratios Correlations

Sunnova Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sunnova Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total

Common Stock Total Equity	- 0.97	Net Tangible Assets
Long Term Debt Total	- 0.95	Common Stock Total Equity
Capital Surpluse	- 0.94	Common Stock Total Equity
Other Current Assets	- 0.91	Common Stock Total Equity
Inventory	- 0.91	Common Stock Total Equity
Common Stock Total Equity	- 0.89	Total Stockholder Equity