GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Capex-to-Revenue

SolarBank (NEOE:SUNN) Capex-to-Revenue : 0.03 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is SolarBank Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

SolarBank's Capital Expenditure for the three months ended in Mar. 2024 was C$-0.72 Mil. Its Revenue for the three months ended in Mar. 2024 was C$24.08 Mil.

Hence, SolarBank's Capex-to-Revenue for the three months ended in Mar. 2024 was 0.03.


SolarBank Capex-to-Revenue Historical Data

The historical data trend for SolarBank's Capex-to-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.

* Premium members only.

SolarBank Capex-to-Revenue Chart

SolarBank Annual Data
Trend Jun22 Jun23
Capex-to-Revenue
- 0.11

SolarBank Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.48 0.11 0.03

Competitive Comparison of SolarBank's Capex-to-Revenue

For the Utilities - Renewable subindustry, SolarBank's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue 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.


SolarBank's Capex-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SolarBank's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where SolarBank's Capex-to-Revenue falls into.



SolarBank Capex-to-Revenue Calculation

SolarBank's Capex-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-2.073) / 18.398
=0.11

SolarBank's Capex-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-0.72) / 24.075
=0.03

* 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.


SolarBank  (NEOE:SUNN) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.


SolarBank Capex-to-Revenue Related Terms

Thank you for viewing the detailed overview of SolarBank's Capex-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


SolarBank (NEOE:SUNN) Business Description

Traded in Other Exchanges
Address
505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2
SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.
Executives
Xiaohong Zheng Senior Officer

SolarBank (NEOE:SUNN) Headlines

No Headlines