Sunrise New Energy Stock Cash And Equivalents
EPOW Stock | USD 0.73 0.07 8.75% |
Sunrise New Energy fundamentals help investors to digest information that contributes to Sunrise New's financial success or failures. It also enables traders to predict the movement of Sunrise Stock. The fundamental analysis module provides a way to measure Sunrise New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sunrise New stock.
Sunrise | Cash And Equivalents |
Sunrise New Energy Company Cash And Equivalents Analysis
Sunrise New's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Sunrise New Cash And Equivalents | 19.88 M |
Most of Sunrise New's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sunrise New Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sunrise Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Sunrise New is extremely important. It helps to project a fair market value of Sunrise Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Sunrise New's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sunrise New's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sunrise New's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Sunrise New Energy has 19.88 M in Cash And Equivalents. This is 94.94% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 99.26% higher than that of the company.
Sunrise Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sunrise New's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sunrise New could also be used in its relative valuation, which is a method of valuing Sunrise New by comparing valuation metrics of similar companies.Sunrise New is currently under evaluation in cash and equivalents category among its peers.
Sunrise Fundamentals
Return On Equity | -0.55 | |||
Return On Asset | -0.15 | |||
Profit Margin | (0.54) % | |||
Operating Margin | (0.90) % | |||
Current Valuation | 45.46 M | |||
Shares Outstanding | 19.57 M | |||
Shares Owned By Insiders | 34.00 % | |||
Shares Owned By Institutions | 0.61 % | |||
Number Of Shares Shorted | 29.44 K | |||
Price To Book | 7.21 X | |||
Price To Sales | 0.42 X | |||
Revenue | 45.05 M | |||
EBITDA | (23.21 M) | |||
Net Income | (24.23 M) | |||
Cash And Equivalents | 19.88 M | |||
Cash Per Share | 0.81 X | |||
Total Debt | 27.78 M | |||
Debt To Equity | 0 % | |||
Current Ratio | 19.96 X | |||
Book Value Per Share | 0.10 X | |||
Cash Flow From Operations | (7.28 M) | |||
Short Ratio | 1.13 X | |||
Earnings Per Share | (1.08) X | |||
Number Of Employees | 96 | |||
Beta | -0.004 | |||
Market Capitalization | 19.08 M | |||
Total Asset | 120.5 M | |||
Retained Earnings | (30.47 M) | |||
Working Capital | (27.67 M) | |||
Net Asset | 120.5 M |
About Sunrise New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sunrise New Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunrise New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunrise New Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Sunrise New's price analysis, check to measure Sunrise New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sunrise New is operating at the current time. Most of Sunrise New's value examination focuses on studying past and present price action to predict the probability of Sunrise New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunrise New's price. Additionally, you may evaluate how the addition of Sunrise New to your portfolios can decrease your overall portfolio volatility.