Ratios	Dec 24	Dec 23	Dec 22	Dec 21
Liquidity Ratios
Current Ratio	―	5.03	4.92	1.61	2.36
Quick Ratio	―	5.03	4.92	1.61	2.36
Cash Ratio	―	2.58	1.70	1.39	2.36
Solvency Ratio	―	-41.77	-37.93	2.36	2.18
Operating Cash Flow Ratio	―	27.66	19.70	3.26	0.97
Short-Term Operating Cash Flow Coverage	―	0.00	0.00	0.00	0.00
Net Current Asset Value	$ ―	$ 901.00K	$ 3.37M	$ 2.33M	$ 9.31M
Leverage Ratios
Debt-to-Assets Ratio	―	0.00	0.00	0.00	0.00
Debt-to-Equity Ratio	―	0.00	0.00	0.00	0.00
Debt-to-Capital Ratio	―	0.00	0.00	0.00	0.00
Long-Term Debt-to-Capital Ratio	―	0.00	0.00	0.00	0.00
Financial Leverage Ratio	―	1.00	1.00	1.02	1.02
Debt Service Coverage Ratio	―	0.00	0.00	0.00	0.00
Interest Coverage Ratio	―	0.00	0.00	0.00	0.00
Debt to Market Cap	―	0.00	0.00	0.00	0.00
Interest Debt Per Share	―	0.00	0.00	0.00	0.00
Net Debt to EBITDA	―	0.03	0.04	-0.49	-1.09
Profitability Margins
Gross Profit Margin	―	100.00%	100.00%	100.00%	100.00%
EBIT Margin	―	104.45%	107.10%	94.47%	93.00%
EBITDA Margin	―	104.45%	107.02%	94.47%	93.00%
Operating Profit Margin	―	104.45%	107.10%	94.47%	93.00%
Pretax Profit Margin	―	104.45%	107.10%	92.14%	93.67%
Net Profit Margin	―	104.45%	107.10%	92.14%	93.67%
Continuous Operations Profit Margin	―	104.45%	107.10%	92.14%	93.67%
Net Income Per EBT	―	100.00%	100.00%	100.00%	100.00%
EBT Per EBIT	―	100.00%	100.00%	97.53%	100.72%
Return on Assets (ROA)	―	-17.89%	-16.60%	4.44%	4.52%
Return on Equity (ROE)	―	-17.97%	-16.67%	4.53%	4.62%
Return on Capital Employed (ROCE)	―	-17.92%	-16.66%	4.63%	4.58%
Return on Invested Capital (ROIC)	―	-17.92%	-16.66%	4.63%	4.58%
Return on Tangible Assets	―	-17.89%	-16.60%	4.44%	4.52%
Earnings Yield	―	-24.71%	-24.23%	5.19%	5.47%
Efficiency Ratios
Receivables Turnover	―	-41.69	-13.92	14.69	0.00
Payables Turnover	―	0.00	4.60	0.63	0.43
Inventory Turnover	―	0.00	0.00	0.00	0.00
Fixed Asset Turnover	―	0.00	0.00	0.00	0.00
Asset Turnover	―	-0.17	-0.16	0.05	0.05
Working Capital Turnover Ratio	―	-13.40	-11.81	2.51	3.25
Cash Conversion Cycle	―	-8.75	-105.64	-558.01	-856.61
Days of Sales Outstanding	―	-8.75	-26.22	24.85	0.00
Days of Inventory Outstanding	―	0.00	0.00	0.00	0.00
Days of Payables Outstanding	―	0.00	79.42	582.86	856.61
Operating Cycle	―	-8.75	-26.22	24.85	0.00
Cash Flow Ratios
Operating Cash Flow Per Share	―	0.03	0.05	0.05	0.02
Free Cash Flow Per Share	―	0.03	0.05	0.05	0.02
CapEx Per Share	―	0.00	0.00	0.00	0.00
Free Cash Flow to Operating Cash Flow	―	1.00	1.00	1.00	1.00
Dividend Paid and CapEx Coverage Ratio	―	0.93	0.76	0.93	0.65
Capital Expenditure Coverage Ratio	―	0.00	0.00	0.00	0.00
Operating Cash Flow Coverage Ratio	―	0.00	0.00	0.00	0.00
Operating Cash Flow to Sales Ratio	―	-0.29	-0.45	1.09	0.42
Free Cash Flow Yield	―	6.76%	10.15%	6.13%	2.44%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	-4.05	-4.13	19.27	18.29
Price-to-Sales (P/S) Ratio	―	-4.23	-4.42	17.76	17.13
Price-to-Book (P/B) Ratio	―	0.73	0.69	0.87	0.84
Price-to-Free Cash Flow (P/FCF) Ratio	―	14.79	9.85	16.30	41.02
Price-to-Operating Cash Flow Ratio	―	14.79	9.85	16.30	41.02
Price-to-Earnings Growth (PEG) Ratio	―	0.18	0.01	-1.15	0.10
Price-to-Fair Value	―	0.73	0.69	0.87	0.84
Enterprise Value Multiple	―	-4.02	-4.09	18.31	17.33
Enterprise Value	―	140.29M	176.17M	272.05M	257.32M
EV to EBITDA	―	-4.02	-4.09	18.31	17.33
EV to Sales	―	-4.20	-4.38	17.29	16.12
EV to Free Cash Flow	―	14.70	9.76	15.88	38.60
EV to Operating Cash Flow	―	14.70	9.76	15.88	38.60
Tangible Book Value Per Share	―	0.58	0.78	0.96	1.14
Shareholders’ Equity Per Share	―	0.58	0.78	0.96	1.14
Tax and Other Ratios
Effective Tax Rate	―	0.00	0.00	0.00	0.00
Revenue Per Share	―	-0.10	-0.12	0.05	0.06
Net Income Per Share	―	-0.11	-0.13	0.04	0.05
Tax Burden	―	1.00	1.00	1.00	1.00
Interest Burden	―	1.00	1.00	0.98	1.01
Research & Development to Revenue	―	0.00	0.00	0.00	0.00
SG&A to Revenue	―	-0.04	-0.07	0.08	0.06
Stock-Based Compensation to Revenue	―	0.00	0.00	0.00	0.00
Income Quality	―	-0.27	-0.42	1.18	0.45

US Solar Fund (USF) Ratios

US Solar Fund Ratios