Maxeon Solar Technologies Ltd
Maxeon Solar Technologies operates with a negative equity position of $293.84 million and a debt-to-equity ratio of -0.94, indicating a leveraged capital structure with liabilities exceeding assets [doc:HA-latest]. The company's liquidity position is weak, with a current ratio of 0.79 and only $28.9 million in cash and equivalents, while long-term debt stands at $274.96 million [doc:HA-latest]. Free cash flow is negative at $623.97 million, and operating cash flow is also negative at $270.16 million, signaling significant cash outflows [doc:HA-latest]. Profitability metrics are deeply negative, with a net loss of $614.30 million and an operating loss of $549.79 million. Gross profit is also negative at $244.49 million, indicating that the company is not covering its cost of goods sold [doc:HA-latest]. Return on equity is 2.09, but this is misleading due to the negative equity base, and return on assets is -1.63, reflecting poor asset utilization [doc:HA-latest]. The company's revenue of $509.05 million is derived from a global footprint with sales in over 100 countries, but the input data does not provide segment or geographic revenue breakdowns [doc:HA-latest]. The lack of disclosed revenue concentration data prevents a detailed assessment of geographic or product line exposure [doc:HA-latest]. Outlook data is not provided in the input, but the company's recent performance suggests a challenging growth trajectory. The negative net income and operating cash flow indicate a need for significant operational or strategic improvements to achieve revenue growth [doc:HA-latest]. Risk factors include medium liquidity risk due to negative net cash and a high debt load, with a key flag noting that net cash is negative after subtracting total debt [doc:HA-latest]. Dilution risk is assessed as low, with no near-term pressure indicated [doc:HA-latest]. The company's ESG governance score of 38.5 and social score of 67.3 suggest moderate governance concerns and relatively strong social performance [doc:HA-latest]. Recent events include a reported EPS of -$100.65 and revenue of $509.05 million, both below breakeven levels [doc:, ]. No recent filings or transcripts are provided in the input data to further contextualize these results [doc:HA-latest].
Business. Maxeon Solar Technologies, Ltd. designs and manufactures Maxeon and SunPower brand solar panels, targeting residential, commercial, and power plant customers through its patented interdigitated back contact and shingled solar cell technologies [doc:HA-latest].
Classification. Maxeon Solar Technologies is classified under the Renewable Energy Equipment & Services industry within the Energy economic sector, with a classification confidence of 0.92 [doc:verified market data].
- Maxeon Solar Technologies is operating at a significant net loss with negative cash flows and a leveraged capital structure.
- The company's profitability metrics are deeply negative, with a net loss of $614.30 million and an operating loss of $549.79 million.
- Liquidity is constrained, with a current ratio of 0.79 and negative net cash after subtracting total debt.
- The company's ESG governance score is moderate, while its social score is relatively strong.
- No segment or geographic revenue breakdown is provided, limiting visibility into revenue concentration risks.
- The company's outlook is uncertain, with no clear path to profitability or cash flow improvement in the near term.
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- Net cash is negative after subtracting total debt.