Sungrow Long Term Debt vs Other Stockholder Equity Analysis

300274 Stock   81.28  0.96  1.20%   
Sungrow Power financial indicator trend analysis is much more than just breaking down Sungrow Power Supply prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sungrow Power Supply is a good investment. Please check the relationship between Sungrow Power Long Term Debt and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sungrow Power Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Debt vs Other Stockholder Equity

Long Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sungrow Power Supply Long Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Sungrow Power's Long Term Debt and Other Stockholder Equity is -0.93. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sungrow Power Supply, assuming nothing else is changed. The correlation between historical values of Sungrow Power's Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sungrow Power Supply are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Sungrow Power's Long Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Sungrow Power Supply has held for over one year. Long-term debt appears on Sungrow Power Supply balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sungrow Power Supply balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Stockholder Equity

Most indicators from Sungrow Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sungrow Power Supply current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sungrow Power Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 4 B. The current year's Tax Provision is expected to grow to about 1.9 B
 2021 2022 2023 2024 (projected)
Operating Income2.2B4.5B13.4B14.1B
Total Revenue24.1B40.3B72.3B75.9B

Sungrow Power fundamental ratios Correlations

0.561.01.00.970.990.990.990.990.980.980.891.00.960.570.980.970.99-0.930.930.651.00.990.940.30.98
0.560.570.530.540.450.660.50.590.530.590.70.580.320.610.660.680.65-0.750.460.660.550.480.590.210.57
1.00.570.990.980.990.990.990.990.980.990.891.00.960.560.980.980.99-0.940.930.651.00.990.950.310.99
1.00.530.990.950.990.980.990.970.990.970.90.990.960.60.980.960.99-0.920.910.650.990.980.910.30.97
0.970.540.980.950.970.960.970.990.930.990.830.980.960.450.930.960.94-0.890.980.550.980.980.980.241.0
0.990.450.990.990.970.971.00.970.970.970.850.990.980.510.950.950.96-0.890.940.60.990.990.920.270.98
0.990.660.990.980.960.970.970.980.970.980.920.990.920.610.990.980.99-0.960.910.690.990.970.940.310.98
0.990.50.990.990.971.00.970.980.960.970.850.990.970.520.960.960.97-0.910.940.630.990.990.920.260.98
0.990.590.990.970.990.970.980.980.961.00.870.990.950.50.960.980.97-0.920.960.610.990.990.980.271.0
0.980.530.980.990.930.970.970.960.960.950.910.980.940.640.980.950.97-0.890.870.670.970.970.880.30.95
0.980.590.990.970.990.970.980.971.00.950.870.990.940.480.950.960.97-0.930.950.590.990.980.980.350.99
0.890.70.890.90.830.850.920.850.870.910.870.890.770.70.940.90.93-0.910.730.780.880.860.820.340.85
1.00.581.00.990.980.990.990.990.990.980.990.890.960.560.980.980.99-0.930.940.641.00.990.950.290.99
0.960.320.960.960.960.980.920.970.950.940.940.770.960.420.90.90.91-0.810.950.480.960.980.910.230.95
0.570.610.560.60.450.510.610.520.50.640.480.70.560.420.680.630.64-0.580.350.730.520.470.390.020.49
0.980.660.980.980.930.950.990.960.960.980.950.940.980.90.680.981.0-0.960.860.730.970.950.90.310.95
0.970.680.980.960.960.950.980.960.980.950.960.90.980.90.630.980.98-0.930.920.720.970.960.930.170.98
0.990.650.990.990.940.960.990.970.970.970.970.930.990.910.641.00.98-0.960.880.70.980.960.910.340.96
-0.93-0.75-0.94-0.92-0.89-0.89-0.96-0.91-0.92-0.89-0.93-0.91-0.93-0.81-0.58-0.96-0.93-0.96-0.82-0.75-0.93-0.9-0.88-0.45-0.91
0.930.460.930.910.980.940.910.940.960.870.950.730.940.950.350.860.920.88-0.820.460.940.950.970.120.97
0.650.660.650.650.550.60.690.630.610.670.590.780.640.480.730.730.720.7-0.750.460.630.60.510.190.61
1.00.551.00.990.980.990.990.990.990.970.990.881.00.960.520.970.970.98-0.930.940.630.990.950.320.99
0.990.480.990.980.980.990.970.990.990.970.980.860.990.980.470.950.960.96-0.90.950.60.990.950.290.99
0.940.590.950.910.980.920.940.920.980.880.980.820.950.910.390.90.930.91-0.880.970.510.950.950.30.97
0.30.210.310.30.240.270.310.260.270.30.350.340.290.230.020.310.170.34-0.450.120.190.320.290.30.22
0.980.570.990.971.00.980.980.981.00.950.990.850.990.950.490.950.980.96-0.910.970.610.990.990.970.22
Click cells to compare fundamentals

Sungrow Power Account Relationship Matchups

Sungrow Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.8B28.0B42.8B61.6B82.9B87.0B
Other Current Liab2.1B2.2B3.4B6.3B1.4B1.4B
Total Current Liabilities12.2B15.0B23.5B35.5B45.9B48.2B
Total Stockholder Equity8.6B10.5B15.7B18.7B27.7B29.1B
Other Liab218.1M270.2M397.7M1.2B1.4B1.5B
Retained Earnings4.0B5.9B7.2B10.7B18.7B19.7B
Accounts Payable9.3B12.1B17.8B25.9B28.5B29.9B
Cash4.5B7.4B7.8B11.7B18.0B18.9B
Other Assets457.4M615.5M1.2B2.5B2.8B3.0B
Net Receivables8.8B6.6B12.7B13.8B21.1B22.2B
Inventory3.3B3.9B10.8B19.1B21.4B22.5B
Other Current Assets446.3M561.2M1.2B1.3B1.2B1.3B
Total Liab14.1B17.1B26.1B41.9B53.4B56.1B
Intangible Assets108.1M129.0M174.4M340.4M732.4M769.0M
Common Stock1.5B1.5B1.5B1.5B1.7B919.7M
Property Plant Equipment3.0B3.5B5.0B6.3B7.2B7.6B
Long Term Debt1.7B1.8B1.9B4.2B4.2B4.4B
Net Tangible Assets8.5B10.3B15.5B18.3B21.1B22.1B
Other Stockholder Equity(7.7M)(14.4M)(24.2M)(30.5M)(27.5M)(26.1M)
Deferred Long Term Liab19.1M33.8M23.7M98.8M113.6M119.3M
Total Current Assets18.4B23.3B36.3B52.0B69.3B72.7B
Non Current Assets Total4.4B4.7B6.5B9.6B13.6B14.3B
Non Currrent Assets Other10.9M11.4M313.3M992.2M917.8M963.7M
Short Term Investments1.4B673.0M3.8B1.5B2.1B1.6B
Non Current Liabilities Total1.9B2.1B2.6B6.4B7.5B7.9B
Short Long Term Debt333.2M135.1M1.5B1.4B2.8B2.9B
Non Current Liabilities Other70.5M119.6M242.1M1.1B2.6B2.7B
Common Stock Shares Outstanding1.5B1.5B1.5B1.5B2.1B1.7B
Net Invested Capital10.5B12.4B19.1B24.3B34.7B18.6B
Net Working Capital6.2B8.2B12.8B16.5B23.3B12.2B
Capital Stock1.5B1.5B1.5B1.5B1.5B1.6B

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.

Other Information on Investing in Sungrow Stock

Balance Sheet is a snapshot of the financial position of Sungrow Power Supply at a specified time, usually calculated after every quarter, six months, or one year. Sungrow Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sungrow Power and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sungrow currently owns. An asset can also be divided into two categories, current and non-current.