SIRC (Solar Integrated Roofing) Total Assets: $153.69 Mil (As of Sep. 2022)


What is Solar Integrated Roofing Total Assets?

Solar Integrated Roofing SIRC -99.00% Total Assets is $153.69 Mil as of Sep. 2022.

Solar Integrated Roofing's Total Assets for the quarter that ended in Sep. 2022 was $153.69 Mil.

Total Assets is connected with ROA %. Solar Integrated Roofing's annualized ROA % for the quarter that ended in Sep. 2022 was 17.10%. Total Assets is also linked to Revenue through Asset Turnover. Solar Integrated Roofing's Asset Turnover for the quarter that ended in Sep. 2022 was 0.37.

Solar Integrated Roofing  (OTCPK:SIRC) Total Assets Explanation

Total Assets is connected with ROA %.

Solar Integrated Roofing's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Sep. 2022 ))/ count )
=26.288/( (0+153.688)/ 1 )
=26.288/153.688
=17.10 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Solar Integrated Roofing's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Sep. 2022 ))/ count )
=57.267/( (0+153.688)/ 1 )
=57.267/153.688
=0.37

* 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.

Solar Integrated Roofing Total Assets Related Terms

Solar Integrated Roofing Total Assets Historical Data

* Premium members only.

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Total Assets Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Total Assets
1.36 0.78

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 0.36 0.29 0.25 0.00 153.69

Solar Integrated Roofing 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.

Solar Integrated Roofing's Total Assets for the fiscal year that ended in Feb. 2009 is calculated as

Total Assets=Total Equity (A: Feb. 2009 )+Total Liabilities (A: Feb. 2009 )
=0.777+0.003
=0.78

Solar Integrated Roofing's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=92.192+61.495
=153.69

* 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 $153.69 Mil mean?
Solar Integrated Roofing (SIRC) has a Total Assets of $153.69 Mil as of Sep. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Solar Integrated Roofing and its competitors.
Is Solar Integrated Roofing's Total Assets too high?
Solar Integrated Roofing's current Total Assets is $153.69 Mil.
How does Solar Integrated Roofing's Total Assets compare to YGEHY and BSRC?
Solar Integrated Roofing's Total Assets of $153.69 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 Solar Integrated Roofing and its competitors. Solar Integrated Roofing's current Total Assets is $153.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current Total Assets of $153.69 Mil. The current Total Assets is $153.69 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 Solar Integrated Roofing (SIRC), the current Total Assets is $153.69 Mil as of Sep. 2022. 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 Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.