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Sunworks Financial Ratios 2022-2001 | SUNW
Brief overview of Sunworks's multiples and efficiency
Ratios are assessed across five available annual reports in the 2018–2022 interval.
Key multiples at the end of the period are EV/EBITDA 119.35x (median 119.35x), P/S 0.37x (median 0.37x), P/B 0.93x (median 0.93x). Current valuation broadly matches recent historical reference points; the difference from five-year medians is 0%.
Capital efficiency is characterized by ROE -44.1%, ROA -23.5%, ROCE -41.1%. Negative returns point to losses or poor capital efficiency. Valuation multiples are less informative in this setting.
Price, earnings and growth produce a PEG of 3.8x. A high value reduces the cushion if growth slows.
The time from paying for inputs to receiving cash rose from 11.6 days to 35.7 days. Cash turnover slowed.
What the ratios show
Sunworks's valuation and business quality look relatively balanced, with no pronounced distortion in either direction.
Annual Financial Ratios Sunworks
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
-2.1 | -2.4 | -12.9 | -0.3 | -2.2 | -22.4 | -29.7 | 274.4 | -23.0 | -27.8 | -342.4 | -515.6 | - | - | - | - | - | - | - | - | - | - |
P/S |
0.4 | 0.6 | 5.4 | 0.0 | 0.2 | 2.1 | 3.2 | 5.4 | 28.3 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EPS |
-0.9 | -1.0 | -1.0 | -2.1 | -1.6 | -0.3 | -0.5 | 0.1 | -2.1 | -0.6 | -0.0 | -0.0 | -0.0 | - | - | - | - | - | - | - | - | - |
EV (Enterprise Value) |
108 M | 71.4 M | 185 M | 22.1 M | 31.1 M | 181 M | 288 M | 289 M | 576 M | 110 M | 700 M | 797 M | -3.31 K | -10 K | - | - | - | - | - | - | -7.65 K | - |
EBITDA per Share |
-0.71 | -0.87 | -0.95 | -1.8 | -1.34 | -0.27 | -0.38 | 0.14 | 0.03 | -0.17 | -0.01 | -0.01 | -0.01 | - | - | - | - | - | - | - | - | - |
EV/EBITDA |
-4.6 | -3.1 | -12.4 | -2.8 | -6.5 | -30.6 | -37.5 | 119.4 | 1789.7 | -101.6 | -474.0 | -532.7 | 0.0 | - | - | - | - | - | - | - | - | - |
PEG |
-0.03 | -0.03 | 3.8 | -0.0 | -0.04 | -0.08 | -0.1 | 0.74 | 0.01 | 0.54 | 0.02 | 0.32 | - | - | - | - | - | - | - | - | - | - |
P/B |
0.9 | 0.9 | 6.0 | 0.3 | 1.3 | 10.3 | 13.2 | 12.3 | 291.8 | -30.8 | -784.5 | 213153.1 | - | - | - | - | - | - | - | - | - | - |
P/CF |
-2.1 | -2.2 | -47.4 | -0.5 | -2.2 | -44.3 | 152.6 | 231.3 | -1398.4 | -153.7 | -1054.5 | -896.6 | - | - | - | - | - | - | - | - | - | - |
ROE % |
-44.12 | -36.59 | -46.80 | -108.80 | -57.42 | -46.12 | -44.25 | 4.49 | -1268.98 | 110.67 | 229.11 | -41339.29 | 98.37 | 156.91 | 245.44 | -113.38 | 79.33 | 268.16 | 397.77 | 46.86 | 145.78 | - |
ROA % |
-23.52 | -26.41 | -30.45 | -29.82 | -17.83 | -17.55 | -22.50 | 3.03 | -370.06 | -8086.07 | -4891.01 | -4547.74 | -1683.14 | - | - | - | - | - | - | - | - | - |
ROCE % |
-41.07 | -38.42 | -40.85 | -64.09 | -36.39 | -37.08 | -35.69 | 9.95 | 15.92 | 31.37 | 165.91 | -40054.24 | 97.02 | - | - | - | - | - | - | - | - | - |
Current Ratio |
2.1 | 3.6 | 2.9 | 1.4 | 1.5 | 1.6 | 2.0 | 3.1 | 1.4 | 0.0 | 0.0 | 1.1 | - | - | - | - | - | - | - | - | - | - |
DSO |
1.6 | 1.3 | 37.8 | 48.2 | 50.2 | 49.5 | 35.2 | 30.7 | 18.3 | - | - | - | - | - | - | - | - | - | - | - | - | - |
DIO |
73.7 | 34.5 | 25.3 | 21.3 | 23.9 | 22.4 | 13.2 | 6.4 | 0.3 | - | - | - | - | - | - | - | - | - | - | - | - | - |
DPO |
39.6 | 23.3 | 76.0 | 62.3 | 62.6 | 64.2 | 45.6 | 28.7 | 19.7 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Cycle |
75.3 | 35.7 | 63.1 | 69.5 | 74.1 | 71.9 | 48.5 | 37.2 | 18.6 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash Conversion Cycle |
35.7 | 12.4 | -12.9 | 7.2 | 11.6 | 7.7 | 2.9 | 8.4 | -1.1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Financial Ratios Sunworks
| 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
-0.84 | -0.34 | -0.18 | - | -0.16 | -0.23 | -0.28 | - | -0.24 | -0.07 | -0.19 | - | -0.17 | -0.09 | -0.6 | - | -0.26 | -0.02 | -0.17 | - | -0.01 | -0.07 | -0.07 | - | -0.09 | 0.05 | -0.14 | - | -0.29 | 0.04 | -0.02 | - | 0.08 | -0.01 | -0.1 | - | -0.04 | 0.02 | -0.02 | - | -0.01 | - | - | - | - | - | - | - | - | - | - |
EBITDA per Share |
-0.81 | -0.28 | -0.26 | - | -0.12 | -0.19 | -0.23 | - | -0.17 | -0.11 | -0.19 | - | -0.16 | -0.08 | -0.57 | - | -0.19 | 0.01 | -0.16 | - | -0.02 | -0.06 | -0.07 | - | -0.06 | 0.07 | -0.12 | - | -0.27 | 0.06 | 0.01 | - | 0.1 | 0.01 | -0.07 | - | - | 0.07 | -0.09 | - | - | - | - | - | - | - | - | - | - | - | - |
ROE % |
-211.62 | -54.24 | -40.86 | -29.86 | -38.80 | -33.58 | -28.64 | -17.50 | -71.75 | -80.84 | -149.25 | -143.09 | -157.36 | -104.22 | -167.39 | -96.58 | -99.79 | -100.64 | -113.07 | -31.87 | -42.44 | -33.94 | -34.30 | -20.75 | -45.51 | -32.15 | -39.02 | -23.55 | -15.24 | 8.73 | -2.72 | -1.14 | 127.71 | 91.37 | 283.14 | 291.81 | 357.41 | 288.51 | 328.51 | 137.53 | 309.62 | 428.57 | 662.21 | 650.23 | 37417.42 | 36775.03 | 27576.98 | 27283.39 | 36767.19 | -470.30 | -9013.50 |
ROA % |
-76.54 | -29.58 | -25.07 | -19.19 | -25.76 | -23.00 | -20.94 | -13.17 | -26.55 | -25.68 | -48.24 | -43.33 | -47.24 | -34.12 | -45.13 | -20.88 | -21.95 | -23.35 | -28.45 | -11.74 | -16.53 | -13.04 | -15.63 | -10.27 | -23.28 | -17.08 | -20.44 | -12.54 | -6.88 | 5.58 | -2.26 | -1.31 | -195.68 | -198.19 | -293.48 | -287.06 | -1418.82 | -2209.08 | -2499.68 | -2403.85 | -3892.25 | -4382.73 | -5046.33 | -4758.87 | -6235.78 | -5206.64 | -4575.97 | -2927.74 | -1476.91 | -459.26 | -991.58 |
ROCE % |
-173.82 | -53.50 | -44.47 | -28.64 | -37.20 | -35.84 | -31.06 | -20.39 | -52.18 | -54.96 | -110.85 | -104.94 | -112.30 | -79.30 | -108.17 | -46.35 | -47.42 | -49.98 | -63.41 | -23.21 | -31.64 | -24.52 | -27.86 | -15.65 | -37.68 | -25.27 | -30.68 | -17.42 | -7.35 | 15.54 | 5.41 | 4.78 | 4.51 | -101.04 | -59.54 | -53.40 | -43.79 | -13.14 | 120.79 | 78.42 | 241.07 | 389.20 | 601.15 | 562.70 | 37329.15 | 36753.84 | 27638.55 | 27396.23 | 36766.45 | -412.67 | -8957.55 |
Current Ratio |
1.5 | 2.0 | 2.1 | 2.1 | 2.4 | 2.7 | 3.3 | 3.6 | 3.8 | 3.3 | 5.0 | 2.9 | 1.3 | 1.5 | 1.5 | 1.4 | 1.4 | 1.3 | 1.3 | 1.4 | 1.5 | 1.5 | 1.7 | 1.6 | 1.8 | 1.8 | 2.0 | 2.0 | 2.1 | 2.0 | 2.5 | 3.1 | 3.1 | 3.3 | 1.9 | 1.4 | 1.5 | 1.5 | - | - | - | - | - | - | - | 0.1 | 0.2 | 1.1 | - | - | 1.1 |
DSO |
39.6 | 35.6 | 31.5 | - | 17.5 | 17.5 | 15.4 | - | 1.1 | 6.0 | 30.7 | - | 48.0 | 49.8 | 53.0 | - | 38.4 | 34.1 | 72.0 | - | 42.7 | 34.0 | 62.8 | - | 66.3 | 51.5 | 67.4 | - | 81.5 | 40.6 | 44.2 | - | 26.9 | 30.8 | 36.4 | - | 13.4 | 12.2 | 51.6 | - | - | - | - | - | - | - | - | - | - | - | - |
DIO |
16112.9 | 17915.1 | 21320.6 | - | 98.4 | 76.9 | 64.7 | - | 48.0 | 22.7 | 19.9 | - | 24.5 | 20.9 | 19.9 | - | 12.8 | 15.5 | 28.8 | - | 25.1 | 29.0 | 45.6 | - | 22.1 | 19.2 | 29.1 | - | 19.9 | 10.4 | 13.1 | - | 1.3 | 0.3 | 0.7 | - | 1.0 | 0.3 | 1.4 | - | - | - | - | - | - | - | - | - | - | - | - |
DPO |
- | - | - | - | - | - | 10.4 | - | - | - | 28.4 | - | - | - | 34.7 | - | - | - | 43.7 | - | - | - | 44.0 | - | - | - | 46.5 | - | - | - | 14.2 | - | - | - | 18.4 | - | 39.0 | 23.6 | 41.0 | - | - | - | - | - | 16.4 | 15.3 | 8.9 | - | 2.8 | 1.8 | - |
Operating Cycle |
118.1 | - | - | - | 116.0 | 93.3 | 80.0 | - | 45.6 | 28.7 | 50.5 | - | 22.1 | 29.6 | 56.7 | - | 58.2 | 55.2 | 106.4 | - | 60.7 | 54.7 | 98.0 | - | 80.9 | 63.6 | 97.7 | - | 74.2 | 42.6 | 54.6 | - | 40.5 | 73.6 | 88.8 | - | 29.1 | 25.1 | 89.5 | - | - | - | - | - | - | - | - | - | - | - | - |
Cash Conversion Cycle |
118.1 | - | - | - | 116.0 | 93.3 | 69.6 | - | 45.6 | 28.7 | 22.2 | - | 22.1 | 29.6 | 19.1 | - | 58.2 | 55.2 | 62.7 | - | 60.7 | 54.7 | 54.0 | - | 80.9 | 63.6 | 51.2 | - | 74.2 | 42.6 | 40.5 | - | 40.5 | 73.6 | 70.4 | - | -9.9 | 1.5 | 48.5 | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Sunworks, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.
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