Sunnova Net Debt from 2010 to 2024

NOVA Stock  USD 5.33  1.15  27.51%   
Sunnova Energy's Net Debt is increasing over the years with slightly volatile fluctuation. Overall, Net Debt is expected to go to about 7.7 B this year. Net Debt is the total debt of Sunnova Energy International minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2018-12-31
Previous Quarter
7.3 B
Current Value
7.5 B
Quarterly Volatility
2.2 B
 
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 main balance sheet or income statement drivers, such as Interest Income of 121.7 M, Depreciation And Amortization of 95.8 M or Interest Expense of 390.5 M, as well as many exotic 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.
  
This module can also supplement Sunnova Energy's financial leverage analysis and stock options assessment as well as various Sunnova Energy Technical models . Check out the analysis of Sunnova Energy Correlation against competitors.

Latest Sunnova Energy's Net Debt Growth Pattern

Below is the plot of the Net Debt of Sunnova Energy International over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Sunnova Energy's Net Debt 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 Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Sunnova Net Debt Regression Statistics

Arithmetic Mean2,222,747,240
Geometric Mean1,445,281,641
Coefficient Of Variation109.90
Mean Deviation1,887,586,619
Median775,007,000
Standard Deviation2,442,846,552
Sample Variance5967499.3T
Range6.9B
R-Value0.80
Mean Square Error2319447.3T
R-Squared0.64
Significance0.0003
Slope436,676,469
Total Sum of Squares83544989.9T

Sunnova Net Debt History

20247.7 B
20237.3 B
2022B
2021B
20201.8 B
20191.4 B
2018907.2 M

Other Fundumenentals of Sunnova Energy Inter

Sunnova Energy Net Debt component correlations

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0.940.710.740.940.950.160.940.990.540.570.950.940.480.990.69-0.220.990.57-0.590.7-0.60.97
1.00.880.880.891.0-0.080.940.970.710.731.01.00.450.930.870.120.930.77-0.760.86-0.760.92
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0.930.690.720.940.950.190.990.930.990.50.520.940.930.550.68-0.231.00.56-0.570.68-0.570.97
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0.140.470.45-0.250.08-0.85-0.220.12-0.110.550.520.090.14-0.09-0.230.5-0.230.51-0.550.45-0.55-0.2
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0.780.870.770.590.75-0.330.570.770.640.70.70.760.780.360.560.880.510.56-0.70.87-0.710.52
-0.78-0.89-0.97-0.39-0.740.64-0.59-0.76-0.62-0.95-0.94-0.74-0.77-0.4-0.57-0.86-0.55-0.57-0.7-0.841.0-0.55
0.870.990.890.630.85-0.380.70.860.760.890.890.850.870.480.680.990.450.680.87-0.84-0.840.61
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0.920.630.70.940.940.190.970.920.970.440.480.930.920.380.970.63-0.20.970.52-0.550.61-0.55
Click cells to compare fundamentals

About Sunnova Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sunnova Energy income statement, its balance sheet, and the statement of cash flows. Sunnova Energy investors use historical funamental indicators, such as Sunnova Energy's Net Debt, to determine how well the company is positioned to perform in the future. Although Sunnova Energy investors may use each financial statement separately, they are all related. The changes in Sunnova Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sunnova Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sunnova Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sunnova Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt7.3 B7.7 B
Net Debt To EBITDA 115.13  120.88 

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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:
Check out the analysis of Sunnova Energy Correlation against competitors.
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Is Sunnova Energy's industry 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
(3.40)
Revenue Per Share
5.984
Quarterly Revenue Growth
(0.01)
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.