Renesola Balance Sheet - Quarterly (NYSE:SOL)

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$2.76 $0.08 (2.99%) SOL stock closing price Jun 22, 2018 (Closing)

The financial analysis of a company like Renesola involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Renesola stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results are typically accompanied with the company releasing financial statements. Apart from analyzing Renesola revenue Renesola operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Renesola balance sheet for 2017 Q4 shows cash on hand of $13.42M. The company has a debt to equity ratio of 0.43.

View and download Renesola quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash13.42M139.29M144.41M133.2M139.37M163.36M190.02M178.38M
Marketable Securities--------
Receivables38.92M148.71M144.29M105.16M220.06M214.84M227.27M164.27M
Inventory-92.29M153.22M143.97M185.21M165.47M181.65M193.17M
Raw Materials---21.11M---44.2M
Work In Progress---27.94M---27.3M
Finished Goods---94.92M---121.66M
Notes Receivable---43.85M---43.61M
Other Current Assets117.72M138.85M101.23M81.28M67.89M89.45M53.09M58.3M
Total Current Assets
170.07M519.15M543.16M507.49M612.54M633.14M652.05M637.75M
Property Plant & Equipment163.04M--974.97M---1.07B
Accumulated Depreciation8.38M--483.71M---441.16M
Net Property Plant & Equipment
162.13M542.13M492.38M497.96M556.32M577.55M603.24M630.46M
Investment & Advances-3.55M1.82M---1.28M-
Other Non-Current Assets--------
Deferred Charges-37.67M38.32M31.91M29.46M31.97M34.99M31.11M
Intangibles------37.17M37.23M
Deposits & Other Assets3.42M52.4M50.62M50.18M48.01M45.78M10.14M9.37M
Total Assets
335.69M1.15B1.13B1.09B1.25B1.29B1.34B1.35B
Notes Payable--------
Accounts Payable25.78M203.18M221.58M223.3M281.25M280.6M301.97M300.17M
Current Portion Long-Term Debt6.6M671.43M647.58M595.43M699.03M716.51M735.61M694.93M
Current Portion Capital Leases--------
Accrued Expenses--------
Income Taxes Payable--------
Other Current Liabilities111.91M150.5M101.3M85.38M82.46M89.73M91.4M108.62M
Total Current Liabilities
145.19M1.03B970.77M904.43M1.06B1.09B1.13B1.1B
Mortgages--------
Deferred Taxes/Income-54.57M53.5M53.06M52M50.56M55.49M55.61M
Convertible Debt--------
Long-Term Debt32.51M30.32M31.05M28.83M--1.55M38.77M
Non-Current Capital Leases--------
Other Long-Term Liabilities67.5M29.84M29.05M35.92M39.98M38.88M38.08M36.12M
Total Liabilities
245.21M1.14B1.08B1.02B1.15B1.18B1.22B1.23B
Minority Interest--------
Preferred Stock--------
Common Stock Net519.22M476.65M476.65M477.17M477.17M477.17M477.41M477.96M
Capital Surplus9.01M8.56M8.42M8.22M8.08M7.99M7.7M7.66M
Retained Earnings-435.51M53.38M-493.21M-469.97M-444.51M-424.02M-429.54M-435.27M
Treasury Stock--------
Other Liabilities-2.23M-523.86M50.06M51.23M51M51.16M59.08M61.57M
Shareholders Equity90.48M14.74M41.93M66.14M91.74M112.3M114.66M111.93M
Total Liabilities & Shareholders Equity335.69M1.15B1.13B1.09B1.25B1.29B1.34B1.35B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Click here to view our JA Solar financial analysis

The latest Renesola stock price, and Renesola historical stock prices show the stock price movement over time, and the Renesola PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: Anything that the Renesola company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Renesola had total assets of $335.69M.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Renesola's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SOL stock stand at $245.21M.

Renesola Balance Sheet - Key Ratios

Current ratio
1.17
Debt to equity ratio
0.43
Asset turnover ratio
0
Receivables turnover
0

Quarterly Balance Sheets For ReneSola Ltd. (ADR) Peers

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