NOVAQ (Sunnova Energy International) Current Deferred Revenue: $60.4 Mil (As of Dec. 2024)

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What is Sunnova Energy International Current Deferred Revenue?

Sunnova Energy International NOVAQ Current Deferred Revenue is $60.4 Mil as of Dec. 2024.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Sunnova Energy International's current deferred revenue for the quarter that ended in Dec. 2024 was $60.4 Mil.

Sunnova Energy International Current Deferred Revenue Related Terms

Sunnova Energy International Current Deferred Revenue Historical Data

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The historical data trend for Sunnova Energy International's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunnova Energy International Current Deferred Revenue Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Deferred Revenue
Get a 7-Day Free Trial 3.75 15.27 30.17 50.82 60.41

Sunnova Energy International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.82 59.04 55.01 62.50 60.41
What does a Current Deferred Revenue of $60.4 Mil mean?
Sunnova Energy International (NOVAQ) has a Current Deferred Revenue of $60.4 Mil as of Dec. 2024. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Current Deferred Revenue too high?
Sunnova Energy International's current Current Deferred Revenue is $60.4 Mil.
How does Sunnova Energy International's Current Deferred Revenue compare to VSTTF and SING?
Sunnova Energy International's Current Deferred Revenue of $60.4 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Semiconductors company?
A good Current Deferred Revenue depends on the Semiconductors industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Sunnova Energy International and its competitors. Sunnova Energy International's current Current Deferred Revenue is $60.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Current Deferred Revenue of $60.4 Mil. The current Current Deferred Revenue is $60.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Sunnova Energy International (NOVAQ), the current Current Deferred Revenue is $60.4 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunnova Energy International Business Description

Address 20 East Greenway Plaza, Suite 540, Houston, TX, USA, 77046
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.