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Prepaid Expenses for SolTech Energy Sweden AB (publ)

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7ST: SolTech Energy Sweden AB (publ)

SolTech Energy Sweden AB (publ) develops, sells, and installs energy and solar cell solutions in Sweden and China. It offers its products for electrical engineering, facade, roofing/sheet metal, elect...

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Analysis

Fiscal Years
Trailing Twelve Months
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The following section summarizes insights on SolTech Energy Sweden AB (publ)'s Prepaid Expenses:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 2024200 K600 K1,000 K1.4 M

Performance Summary
  • Looking back at the last 5 years, SolTech Energy Sweden's prepaid expenses peaked in December 2023 at 1.206 million.
  • SolTech Energy Sweden's prepaid expenses increased in 2020 (74.926 thousand, +46.0%), 2021 (285.846 thousand, +281.5%), 2022 (701.575 thousand, +145.4%), and 2023 (1.206 million, +71.9%).

How does SolTech Energy Sweden's Prepaid Expenses benchmark against competitors?

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We've identified the following companies as similar to SolTech Energy Sweden AB (publ) because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Prepaid Expenses

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To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Prepaid Expenses in the financials category include:

  • Interest And Investment Income - This item represents the interest and investment income derived from investments made out of surplus funds.
  • Common Equity - The sum of all common equity items
  • Net Interest Expenses - This item represents the interest expense net of interest income.
  • Gain (Loss) On Sale Of Assets - This item represents any gain or loss on sale/disposition of tangible and intangible fixed assets, subsidiaries, division, segment, product line, business, operations etc and is of non-recurring in nature.
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Prepaid Expenses

A current asset created by prepayment of costs and expenses for which the benefits will occur at a future date.

Definition of Prepaid Expenses

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SolTech Energy Sweden did not report meaningful prepaid expenses for the latest quarter ending December 31, 2024 on its balance sheet.

The tables below summarizes SolTech Energy Sweden’s Prepaid Expenses and common size over the last five years:

Fiscal YearPrepaid ExpensesAssets% Assets
2020-12-3174.926 T173.7 M0.0%
2021-12-31285.846 T144.3 M0.2%
2022-12-31701.575 T221.3 M0.3%
2023-12-311.206 M224.6 M0.5%
2024-12-31NA182.1 M0.0%

The tables below summarizes SolTech Energy Sweden’s Prepaid Expenses and common size over the last four quarters:

Quarter EndingPrepaid ExpensesAssets% Assets
2024-03-313.415 M220.7 M1.5%
2024-06-302.57 M223.5 M1.1%
2024-09-30NA215.9 M0.0%
2024-12-31NA182.1 M0.0%

Click the link below to download a spreadsheet with an example Prepaid Expenses calculation for SolTech Energy Sweden AB (publ) below:

Sector Benchmark Analysis

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