SAENF (Solar Alliance Energy) Net-Net Working Capital: $-0.01 (As of Sep. 2025)

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What is Solar Alliance Energy Net-Net Working Capital?

Solar Alliance Energy SAENF -0.68% Net-Net Working Capital is $-0.01 as of Sep. 2025. The stock has 3 warning signs investors should review. Among 537 Semiconductors companies, Solar Alliance Energy ranks worse than 186219.55% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Solar Alliance Energy's Net-Net Working Capital for the quarter that ended in Sep. 2025 was $-0.01.

The industry rank for Solar Alliance Energy's Net-Net Working Capital or its related term are showing as below:

SAENF's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 12.16
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Solar Alliance Energy  (OTCPK:SAENF) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Solar Alliance Energy Net-Net Working Capital Related Terms


Solar Alliance Energy Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Solar Alliance Energy's Net-Net Working Capital 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.

Solar Alliance Energy Net-Net Working Capital Chart

Solar Alliance Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.00 -0.01 -0.01 -0.01

Solar Alliance Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Net-Net Working Capital 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 -0.01 -0.01 -0.01 -0.01 -0.01

SAENF vs FSLR, NXT, ENPH: Net-Net Working Capital Comparison

For the Solar subindustry, Solar Alliance Energy's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Solar Alliance Energy Price-to-Net-Net-Working-Capital vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Alliance Energy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Solar Alliance Energy's Price-to-Net-Net-Working-Capital falls into.



Solar Alliance Energy Net-Net Working Capital Calculation

Solar Alliance Energy's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.007+0.75 * 0.439+0.5 * 0-2.656
-0-0)/295.194
=-0.01

Solar Alliance Energy's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2025 is calculated as

Net-Net Working Capital(Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.022+0.75 * 0.071+0.5 * 0-3.711
-0-0)/295.194
=-0.01

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $-0.01 mean?
Solar Alliance Energy (SAENF) has a Net-Net Working Capital of $-0.01 as of Sep. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Solar Alliance Energy According to the industry distribution chart, Solar Alliance Energy ranks #999999 out of 537 companies in the Semiconductors industry.
Is Solar Alliance Energy's Net-Net Working Capital too high?
Solar Alliance Energy's current Net-Net Working Capital is $-0.01. Based on the distribution chart, Solar Alliance Energy ranks #999999 out of 537 companies in the Semiconductors industry, which is in the bottom quartile relative to peers.
How does Solar Alliance Energy's Net-Net Working Capital compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solar Alliance Energy ranks #999999 out of 537 companies for Net-Net Working Capital. This places Solar Alliance Energy in the lower half of its industry. The industry median Net-Net Working Capital is 12.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 12.16, based on 537 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Solar Alliance Energy For the Semiconductors industry, the median Net-Net Working Capital is 12.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Alliance Energy's current Net-Net Working Capital is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Alliance Energy stock overvalued right now?
Based on GuruFocus' analysis, Solar Alliance Energy (SAENF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.01 — trading 63.8% below its estimated fair value. The current Net-Net Working Capital is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Solar Alliance Energy (SAENF), the current Net-Net Working Capital is $-0.01 as of Sep. 2025. 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.

Solar Alliance Energy Business Description

Other Exchanges SOLR:Canada
Address 1111 Melville Street, Suite 620, Vancouver, BC, CAN, V6E 3V6
Solar Alliance Energy Inc is an energy solutions provider focused on commercial, industrial, and residential solar installations. Its operating segments are Solar EPC and Solar generation from solar facilities. The company operates in two geographical markets - the United States and Canada. The United States contributes a majority of the total revenue.