Sunrun Inc Stock Current Ratio
RUN Stock | USD 10.22 0.02 0.20% |
Sunrun Inc fundamentals help investors to digest information that contributes to Sunrun's financial success or failures. It also enables traders to predict the movement of Sunrun Stock. The fundamental analysis module provides a way to measure Sunrun'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 Sunrun stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 1.26 | 1.11 |
Sunrun | Current Ratio |
Sunrun Inc Company Current Ratio Analysis
Sunrun's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Sunrun Current Ratio | 1.73 X |
Most of Sunrun's fundamental indicators, such as Current Ratio, 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, Sunrun Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sunrun Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Sunrun is extremely important. It helps to project a fair market value of Sunrun Stock properly, considering its historical fundamentals such as Current Ratio. Since Sunrun'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 Sunrun'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 Sunrun's interrelated accounts and indicators.
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Sunrun Current Ratio Historical Pattern
Today, most investors in Sunrun Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sunrun's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sunrun current ratio as a starting point in their analysis.
Sunrun Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
Sunrun Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Sunrun Inc has a Current Ratio of 1.73 times. This is 38.87% lower than that of the Electrical Equipment sector and 69.6% lower than that of the Industrials industry. The current ratio for all United States stocks is 19.91% higher than that of the company.
Sunrun Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sunrun's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sunrun could also be used in its relative valuation, which is a method of valuing Sunrun by comparing valuation metrics of similar companies.Sunrun is currently under evaluation in current ratio category among its peers.
Sunrun ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sunrun's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sunrun's managers, analysts, and investors.Environmental | Governance | Social |
Sunrun Fundamentals
Return On Equity | -0.21 | ||||
Return On Asset | -0.0189 | ||||
Profit Margin | (0.19) % | ||||
Operating Margin | (0.24) % | ||||
Current Valuation | 14.34 B | ||||
Shares Outstanding | 224.34 M | ||||
Shares Owned By Insiders | 2.49 % | ||||
Shares Owned By Institutions | 97.49 % | ||||
Number Of Shares Shorted | 45.05 M | ||||
Price To Earning | 103.20 X | ||||
Price To Book | 0.43 X | ||||
Price To Sales | 1.13 X | ||||
Revenue | 2.26 B | ||||
Gross Profit | 298.71 M | ||||
EBITDA | (1.46 B) | ||||
Net Income | (2.68 B) | ||||
Cash And Equivalents | 522.46 M | ||||
Cash Per Share | 2.46 X | ||||
Total Debt | 11.09 B | ||||
Debt To Equity | 1.02 % | ||||
Current Ratio | 1.73 X | ||||
Book Value Per Share | 23.55 X | ||||
Cash Flow From Operations | (820.74 M) | ||||
Short Ratio | 6.71 X | ||||
Earnings Per Share | (1.75) X | ||||
Price To Earnings To Growth | 0.45 X | ||||
Target Price | 19.54 | ||||
Number Of Employees | 10.83 K | ||||
Beta | 2.61 | ||||
Market Capitalization | 2.29 B | ||||
Total Asset | 20.45 B | ||||
Retained Earnings | (1.43 B) | ||||
Working Capital | 394.1 M | ||||
Current Asset | 359.71 M | ||||
Current Liabilities | 252.48 M | ||||
Net Asset | 20.45 B |
About Sunrun Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sunrun Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunrun using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunrun Inc 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.
Pair Trading with Sunrun
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sunrun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sunrun will appreciate offsetting losses from the drop in the long position's value.Moving together with Sunrun Stock
Moving against Sunrun Stock
0.92 | AZ | A2Z Smart Technologies | PairCorr |
0.91 | ALSN | Allison Transmission | PairCorr |
0.87 | BR | Broadridge Financial | PairCorr |
0.87 | CW | Curtiss Wright | PairCorr |
0.8 | J | Jacobs Solutions | PairCorr |
The ability to find closely correlated positions to Sunrun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunrun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sunrun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sunrun Inc to buy it.
The correlation of Sunrun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sunrun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunrun Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sunrun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Sunrun Piotroski F Score and Sunrun Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunrun. If investors know Sunrun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunrun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.173 | Earnings Share (1.75) | Revenue Per Share 9.204 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of Sunrun Inc is measured differently than its book value, which is the value of Sunrun that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrun's value that differs from its market value or its book value, called intrinsic value, which is Sunrun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunrun's market value can be influenced by many factors that don't directly affect Sunrun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunrun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.