Solar Alliance Energy Inc.

Solar Alliance Energy Inc.verified

SOLR.V

Price:

$0.04

Market Cap:

$11.77M

Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers electric vehicle charger installation services; and backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc...[Read more]

Industry

Solar

IPO Date

2007-01-10

Stock Exchange

TSXV

Ticker

SOLR.V

The Current Ratio as of September 2024 (TTM) for Solar Alliance Energy Inc. (SOLR.V) is 0.46

According to Solar Alliance Energy Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.46. This represents a change of -4.41% compared to the average of 0.48 of the last 4 quarters.

Solar Alliance Energy Inc. (SOLR.V) Historical Current Ratio (quarterly & annually)

How has SOLR.V Current Ratio performed in the past?

The mean historical Current Ratio of Solar Alliance Energy Inc. over the last ten years is 0.35. The current 0.46 Current Ratio has changed 12.94% with respect to the historical average. Over the past ten years (40 quarters), SOLR.V's Current Ratio was at its highest in in the December 2021 quarter at 1.42. The Current Ratio was at its lowest in in the September 2015 quarter at 0.03.

Quarterly (TTM)
Annual

Average

0.35

Median

0.25

Minimum

0.07

Maximum

1.42

Solar Alliance Energy Inc. (SOLR.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Solar Alliance Energy Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.48%

Maximum Annual Current Ratio = 1.42

Minimum Annual Increase = -75.28%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.4219.54%
20220.35-75.28%
20211.421.48%
20200.09-53.15%
20190.1987.26%
20180.10-67.49%
20170.32170.23%
20160.12-74.36%
20150.46595.57%
20140.07-10.05%

Solar Alliance Energy Inc. (SOLR.V) Average Current Ratio

How has SOLR.V Current Ratio performed in the past?

The current Current Ratio of Solar Alliance Energy Inc. (SOLR.V) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

0.73

5-year avg

0.50

10-year avg

0.35

Solar Alliance Energy Inc. (SOLR.V) Current Ratio vs. Peers

How is SOLR.V’s Current Ratio compared to its peers?

Solar Alliance Energy Inc.’s Current Ratio is less than Braille Energy Systems Inc. (1.02), greater than Therma Bright Inc. (0.11), less than good natured Products Inc. (0.84), less than CryptoStar Corp. (1.83), less than Manganese X Energy Corp. (12.73),

Build a custom stock screener for Solar Alliance Energy Inc. (SOLR.V) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Solar Alliance Energy Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Solar Alliance Energy Inc. (SOLR.V) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Solar Alliance Energy Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Solar Alliance Energy Inc.'s Current Ratio?

How is the Current Ratio calculated for Solar Alliance Energy Inc. (SOLR.V)?

What is the highest Current Ratio for Solar Alliance Energy Inc. (SOLR.V)?

What is the 3-year average Current Ratio for Solar Alliance Energy Inc. (SOLR.V)?

What is the 5-year average Current Ratio for Solar Alliance Energy Inc. (SOLR.V)?

How does the current Current Ratio for Solar Alliance Energy Inc. (SOLR.V) compare to its historical average?