NOVAQ (Sunnova Energy International) Total Assets: $13,353.7 Mil (As of Dec. 2024)


What is Sunnova Energy International Total Assets?

Sunnova Energy International NOVAQ Total Assets is $13,353.7 Mil as of Dec. 2024.

Sunnova Energy International's Total Assets for the quarter that ended in Dec. 2024 was $13,353.7 Mil.

Total Assets is connected with ROA %. Sunnova Energy International's annualized ROA % for the quarter that ended in Dec. 2024 was -4.34%. Total Assets is also linked to Revenue through Asset Turnover. Sunnova Energy International's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Sunnova Energy International  (OTCPK:NOVAQ) Total Assets Explanation

Total Assets is connected with ROA %.

Sunnova Energy International's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-569.164/( (12882.312+13353.699)/ 2 )
=-569.164/13118.0055
=-4.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Sunnova Energy International's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=224.127/( (12882.312+13353.699)/ 2 )
=224.127/13118.0055
=0.02

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Sunnova Energy International Total Assets Related Terms

Sunnova Energy International Total Assets Historical Data

* Premium members only.

The historical data trend for Sunnova Energy International's Total Assets 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 Total Assets Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 3,587.58 5,504.23 8,336.89 11,340.97 13,353.70

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
Total Assets 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 11,340.97 11,815.57 12,560.75 12,882.31 13,353.70

Sunnova Energy International Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Sunnova Energy International's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=2685.093+10668.606
=13,353.7

Sunnova Energy International's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2685.093+10668.606
=13,353.7

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $13,353.7 Mil mean?
Sunnova Energy International (NOVAQ) has a Total Assets of $13,353.7 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Total Assets too high?
Sunnova Energy International's current Total Assets is $13,353.7 Mil.
How does Sunnova Energy International's Total Assets compare to VSTTF and SING?
Sunnova Energy International's Total Assets of $13,353.7 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 Total Assets for a Semiconductors company?
A good Total Assets depends on the Semiconductors industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Sunnova Energy International and its competitors. Sunnova Energy International's current Total Assets is $13,353.7 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 Total Assets of $13,353.7 Mil. The current Total Assets is $13,353.7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Sunnova Energy International (NOVAQ), the current Total Assets is $13,353.7 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.