SolarBank (NEOE:SUNN) FCF Yield % : 10.33 (As of May. 11, 2024)

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What is SolarBank FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, SolarBank's Trailing 12-Month Free Cash Flow is C$22.54 Mil, and Market Cap is C$218.17 Mil. Therefore, SolarBank's FCF Yield % for today is 10.33%.

The historical rank and industry rank for SolarBank's FCF Yield % or its related term are showing as below:

NEOE:SUNN' s FCF Yield % Range Over the Past 10 Years
Min: -1.52 Med: 0.69 Max: 10.38
Current: 10.33

During the past 2 years, the highest FCF Yield % of SolarBank was 10.38%. The lowest was -1.52%. And the median was 0.69%.

NEOE:SUNN's FCF Yield % is ranked better than
75.34% of 438 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.175 vs NEOE:SUNN: 10.33

SolarBank's FCF Margin % for the quarter that ended in Dec. 2023 was 129.93%.

SolarBank FCF Yield % Historical Data

The historical data trend for SolarBank's FCF Yield % 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 FCF Yield % Chart

SolarBank Annual Data

Trend

Jun22

Jun23

FCF Yield %

0.05

SolarBank Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial				-	21.24	-4.07	-5.75	56.68

Competitive Comparison of SolarBank's FCF Yield %

For the Utilities - Renewable subindustry, SolarBank's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SolarBank's FCF Yield % distribution charts can be found below:

* The bar in red indicates where SolarBank's FCF Yield % falls into.

SolarBank FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

SolarBank's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	0.12	/	242.004
	=	0.05%

SolarBank's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	24.225	*	4	/	170.95743
	=	56.68%

SolarBank FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

SolarBank FCF Yield % Related Terms

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SolarBank (NEOE:SUNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

SUUNF:USA GY2:Germany

Address

505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2

Website

https://www.solarbankcorp.com

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.

SolarBank (NEOE:SUNN) Headlines

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