Sun Country Airlines Stock Working Capital

SNCY Stock

USD 13.91 0.07 0.50%

Sun Country Airlines fundamentals help investors to digest information that contributes to Sun Country's financial success or failures. It also enables traders to predict the movement of Sun Stock. The fundamental analysis module provides a way to measure Sun Country'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 Sun Country stock.

	Last Reported	Projected for Next Year
Net Working Capital	-147.2 M	-154.6 M
Change In Working Capital	-25.1 M	-26.4 M

Net Working Capital is likely to drop to about (154.6 M) in 2024. Change In Working Capital is likely to drop to about (26.4 M) in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sun Country Airlines Company Working Capital Analysis

Sun Country's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Sun Country Working Capital

(147.23 M)

Most of Sun Country's fundamental indicators, such as Working Capital, 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, Sun Country Airlines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sun Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Sun Country is extremely important. It helps to project a fair market value of Sun Stock properly, considering its historical fundamentals such as Working Capital. Since Sun Country'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 Sun Country'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 Sun Country's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Long Term Debt	Good Will	Short Term Investments	Total Liab	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Long Term Debt Total	Capital Surpluse	Treasury Stock
Net Tangible Assets		0.84	0.91	0.82	0.72	-0.87	0.75	0.92	0.85	-0.94	0.74	0.83	-0.78	0.9	0.95	0.63	0.93	-0.87	0.44	-0.09	-0.92	0.94	0.82	0.78
Retained Earnings	0.84		0.74	0.76	0.46	-0.62	0.75	0.7	0.6	-0.74	0.72	0.71	-0.86	0.59	0.75	0.81	0.75	-0.62	0.21	0.05	-0.82	0.82	0.88	0.86
Accounts Payable	0.91	0.74		0.91	0.82	-0.85	0.82	0.91	0.87	-0.91	0.64	0.84	-0.52	0.91	0.92	0.52	0.92	-0.85	0.58	-0.22	-0.77	0.86	0.65	0.63
Net Receivables	0.82	0.76	0.91		0.87	-0.86	0.75	0.89	0.87	-0.81	0.51	0.96	-0.51	0.75	0.89	0.57	0.89	-0.86	0.75	-0.46	-0.79	0.76	0.62	0.6
Total Current Assets	0.72	0.46	0.82	0.87		-0.95	0.41	0.91	0.96	-0.67	0.2	0.86	-0.38	0.7	0.86	0.24	0.79	-0.95	0.92	-0.58	-0.74	0.62	0.44	0.42
Common Stock	-0.87	-0.62	-0.85	-0.86	-0.95		-0.47	-0.97	-0.99	0.77	-0.36	-0.87	0.61	-0.78	-0.95	-0.4	-0.87	1.0	-0.79	0.38	0.88	-0.78	-0.65	-0.62
Property Plant Equipment	0.75	0.75	0.82	0.75	0.41	-0.47		0.63	0.51	-0.87	0.89	0.68	-0.4	0.8	0.7	0.73	0.79	-0.47	0.19	0.02	-0.53	0.79	0.62	0.61
Total Assets	0.92	0.7	0.91	0.89	0.91	-0.97	0.63		0.99	-0.88	0.55	0.91	-0.62	0.87	0.99	0.56	0.96	-0.97	0.7	-0.27	-0.86	0.89	0.74	0.72
Total Stockholder Equity	0.85	0.6	0.87	0.87	0.96	-0.99	0.51	0.99		-0.8	0.4	0.88	-0.55	0.8	0.96	0.44	0.9	-0.99	0.79	-0.35	-0.83	0.81	0.66	0.64
Current Deferred Revenue	-0.94	-0.74	-0.91	-0.81	-0.67	0.77	-0.87	-0.88	-0.8		-0.85	-0.84	0.57	-0.97	-0.93	-0.69	-0.96	0.77	-0.41	0.07	0.76	-0.95	-0.75	-0.73
Net Debt	0.74	0.72	0.64	0.51	0.2	-0.36	0.89	0.55	0.4	-0.85		0.54	-0.53	0.77	0.64	0.82	0.74	-0.36	-0.09	0.32	-0.51	0.84	0.74	0.73
Long Term Debt	0.83	0.71	0.84	0.96	0.86	-0.87	0.68	0.91	0.88	-0.84	0.54		-0.54	0.76	0.91	0.61	0.91	-0.87	0.77	-0.49	-0.82	0.77	0.64	0.62
Good Will	-0.78	-0.86	-0.52	-0.51	-0.38	0.61	-0.4	-0.62	-0.55	0.57	-0.53	-0.54		-0.45	-0.66	-0.61	-0.59	0.61	-0.13	-0.1	0.88	-0.71	-0.85	-0.8
Short Term Investments	0.9	0.59	0.91	0.75	0.7	-0.78	0.8	0.87	0.8	-0.97	0.77	0.76	-0.45		0.9	0.52	0.92	-0.78	0.44	-0.08	-0.7	0.89	0.62	0.6
Total Liab	0.95	0.75	0.92	0.89	0.86	-0.95	0.7	0.99	0.96	-0.93	0.64	0.91	-0.66	0.9		0.63	0.98	-0.95	0.63	-0.21	-0.87	0.93	0.79	0.77
Net Invested Capital	0.63	0.81	0.52	0.57	0.24	-0.4	0.73	0.56	0.44	-0.69	0.82	0.61	-0.61	0.52	0.63		0.72	-0.4	0.04	0.3	-0.51	0.8	0.89	0.91
Short Long Term Debt	0.93	0.75	0.92	0.89	0.79	-0.87	0.79	0.96	0.9	-0.96	0.74	0.91	-0.59	0.92	0.98	0.72		-0.87	0.57	-0.15	-0.8	0.95	0.8	0.79
Capital Stock	-0.87	-0.62	-0.85	-0.86	-0.95	1.0	-0.47	-0.97	-0.99	0.77	-0.36	-0.87	0.61	-0.78	-0.95	-0.4	-0.87		-0.79	0.38	0.88	-0.78	-0.65	-0.62
Net Working Capital	0.44	0.21	0.58	0.75	0.92	-0.79	0.19	0.7	0.79	-0.41	-0.09	0.77	-0.13	0.44	0.63	0.04	0.57	-0.79		-0.81	-0.54	0.32	0.15	0.14
Short Term Debt	-0.09	0.05	-0.22	-0.46	-0.58	0.38	0.02	-0.27	-0.35	0.07	0.32	-0.49	-0.1	-0.08	-0.21	0.3	-0.15	0.38	-0.81		0.28	0.14	0.29	0.33
Intangible Assets	-0.92	-0.82	-0.77	-0.79	-0.74	0.88	-0.53	-0.86	-0.83	0.76	-0.51	-0.82	0.88	-0.7	-0.87	-0.51	-0.8	0.88	-0.54	0.28		-0.79	-0.75	-0.7
Long Term Debt Total	0.94	0.82	0.86	0.76	0.62	-0.78	0.79	0.89	0.81	-0.95	0.84	0.77	-0.71	0.89	0.93	0.8	0.95	-0.78	0.32	0.14	-0.79		0.91	0.9
Capital Surpluse	0.82	0.88	0.65	0.62	0.44	-0.65	0.62	0.74	0.66	-0.75	0.74	0.64	-0.85	0.62	0.79	0.89	0.8	-0.65	0.15	0.29	-0.75	0.91		1.0
Treasury Stock	0.78	0.86	0.63	0.6	0.42	-0.62	0.61	0.72	0.64	-0.73	0.73	0.62	-0.8	0.6	0.77	0.91	0.79	-0.62	0.14	0.33	-0.7	0.9	1.0

Click cells to compare fundamentals

Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Sun Country

Working Capital Over Time

Sun Capital Lease Obligations

Capital Lease Obligations

234.55 Million

At this time, Sun Country's Capital Lease Obligations is fairly stable compared to the past year.

Based on the company's disclosures, Sun Country Airlines has a Working Capital of (147.23 Million). This is 145.69% lower than that of the Passenger Airlines sector and 94.34% lower than that of the Industrials industry. The working capital for all United States stocks is 109.96% higher than that of the company.

Sun Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sun Country's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sun Country could also be used in its relative valuation, which is a method of valuing Sun Country by comparing valuation metrics of similar companies.

Sun Country is currently under evaluation in working capital category among its peers.

Sun Country 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, Sun Country's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sun Country's managers, analysts, and investors.

Environmental

Governance

Social

Sun Fundamentals

	Return On Equity	0.0842
	Return On Asset	0.0378
	Profit Margin	0.04 %
	Operating Margin	0.05 %
	Current Valuation	1.27 B
	Shares Outstanding	52.94 M
	Shares Owned By Insiders	4.60 %
	Shares Owned By Institutions	98.80 %
	Number Of Shares Shorted	3.7 M
	Price To Earning	15.79 X
	Price To Book	1.34 X
	Price To Sales	0.70 X
	Revenue	1.05 B
	Gross Profit	245.38 M
	EBITDA	226.24 M
	Net Income	72.18 M
	Cash And Equivalents	289.58 M
	Cash Per Share	4.98 X
	Total Debt	697.78 M
	Debt To Equity	1.30 %
	Current Ratio	1.10 X
	Book Value Per Share	10.44 X
	Cash Flow From Operations	174.12 M
	Short Ratio	4.63 X
	Earnings Per Share	0.83 X
	Price To Earnings To Growth	0.61 X
	Target Price	18.63
	Number Of Employees	2.96 K
	Beta	1.49
	Market Capitalization	740.1 M
	Total Asset	1.62 B
	Retained Earnings	94.23 M
	Working Capital	(147.23 M)
	Net Asset	1.62 B

About Sun Country Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sun Country Airlines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sun Country using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sun Country Airlines 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GOOG	Alphabet Inc Class C
CRM	Salesforce

Additional Tools for Sun Stock Analysis

When running Sun Country's price analysis, check to measure Sun Country'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 Sun Country is operating at the current time. Most of Sun Country's value examination focuses on studying past and present price action to predict the probability of Sun Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Country's price. Additionally, you may evaluate how the addition of Sun Country to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC