D
Sell
4/1/2024Upgraded
SolarBank Corporation (SUNN) was upgraded to D from D- on 4/1/2024 due to an increase in the efficiency index. Total capital increased 39.78% from $15M to $20.97M.
D
Sell
12/1/2023Upgraded
SolarBank Corporation (SUNN) was upgraded to D- from E+ on 12/1/2023 due to an increase in the valuation index and solvency index. Debt to equity declined from 0.06 to 0.05.
E
Sell
9/1/2023Upgraded
SolarBank Corporation (SUNN) was upgraded to E+ from E on 9/1/2023 due to a major increase in the solvency index, efficiency index and valuation index. Net income increased 2,338.63% from $93.2 to $2.27M, the quick ratio increased from 1.34 to 4.62, and total capital increased 157.59% from $5.27M to $13.57M.
E
Sell
6/14/2023None
SolarBank Corporation (SUNN) was downgraded to E from U on 06/14/2023.
