I have learned that its in the fighting of reality that we find suffering. Business can be painful, yet to make you suffer is to lose a grip on how you can truly make it great. What we have been through in the past year is all for a great reason which the market is about to discover. No prediction except that, as always, I will surprise… Sass
1 Comment
Dear Sass,
I have reviewed the balance sheet and think there is improvement possible. The assets could be much higher if you let an expert check the balance sheet.
First of all there is no value for the human capital that you have. All your employees and you have an asset value. And you with 20 years Solar experience have a pretty high value.
Second is the usage of debts, interest rates and R&D.
See some expenses are assets in the accounting laws of several countries. Simply because they will create revenue in the future.
Well and definetely R&D then is an investment in the future.
Probably you outsourced accounting, but better asked a PhD at an University. Every accountant will make the balance sheet different.
The current does not reflect the value of your crew nor the investments done in science and alliances.
If you find in the accounting laws nyches then this can also change how banks rate ICP.
More assets will grant higher liquidity for instance to finance some solar plants in Canada to benefit from the Green Energy Act or to take over a competitor.
Always think positive.