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NOVA (Sunnova Energy International) Debt-to-Asset : 0.64 (As of Sep. 2024)


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What is Sunnova Energy International Debt-to-Asset?

Sunnova Energy International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $330.1 Mil. Sunnova Energy International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7,908.9 Mil. Sunnova Energy International's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $12,882.3 Mil. Sunnova Energy International's debt to asset for the quarter that ended in Sep. 2024 was 0.64.


Sunnova Energy International Debt-to-Asset Historical Data

The historical data trend for Sunnova Energy International's Debt-to-Asset 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.

* Premium members only.

Sunnova Energy International Debt-to-Asset Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.58 0.57 0.59 0.65 0.66

Sunnova Energy International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset 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 0.67 0.66 0.66 0.64 0.64

Competitive Comparison of Sunnova Energy International's Debt-to-Asset

For the Solar subindustry, Sunnova Energy International's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunnova Energy International's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunnova Energy International's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sunnova Energy International's Debt-to-Asset falls into.



Sunnova Energy International Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sunnova Energy International's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(487.728 + 7030.756) / 11340.971
=0.66

Sunnova Energy International's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(330.121 + 7908.86) / 12882.312
=0.64

* 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  (NYSE:NOVA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Sunnova Energy International Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Sunnova Energy International's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunnova Energy International Business Description

Traded in Other Exchanges
Address
20 East Greenway Plaza, Suite 540, Houston, TX, USA, 77046
Sunnova Energy International Inc is a residential solar and energy storage service 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.
Executives
Akbar Mohamed director 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046
William J Berger director, officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046
Meghan Nutting officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046
Robert Lawrence Lane officer: See Remarks 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Michael P Grasso director 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046
Kelsey Hultberg officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 540, HOUSTON TX 77046
David Searle officer: See Remarks. 20 EAST GREENWAY PLAZA, SUITE 540, HOUSTON TX 77046
Paul S Mathews officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 540, HOUSTON TX 77046
Lynch Jack O. Iii officer: See Remarks 601 W. RIVERSIDE AVENUE, SUITE 1100, SPOKANE WA 99201
Nora Mead Brownell director C/O COMVERGE, INC., 120 EAGLE ROCK AVENUE, SUITE 190, EAST HANOVER NJ 07936
Mary Yang director 7035 RIDGE RD, HANOVER MD 21076
Anne S Andrew director 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046
Santo Salvo John T officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046
Chris Hayden officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 540, HOUSTON TX 77046
Kris W Hillstrand officer: See Remarks 20 EAST GREENWAY PLAZA, SUITE 475, HOUSTON TX 77046