Sungrow Long Term Debt vs Total 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 Total 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 Total Stockholder Equity

Long Term Debt vs Total 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 Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sungrow Power's Long Term Debt and Total Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total 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 Total 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 Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Sungrow Power's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Income	2.2B	4.5B	13.4B	14.1B
Total Revenue	24.1B	40.3B	72.3B	75.9B

Operating Income Total Revenue

Sungrow Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total
Total Assets		0.56	1.0	1.0	0.97	0.99	0.99	0.99	0.99	0.98	0.98	0.89	1.0	0.96	0.57	0.98	0.97	0.99	-0.93	0.93	0.65	1.0	0.99	0.94	0.3	0.98
Other Current Liab	0.56		0.57	0.53	0.54	0.45	0.66	0.5	0.59	0.53	0.59	0.7	0.58	0.32	0.61	0.66	0.68	0.65	-0.75	0.46	0.66	0.55	0.48	0.59	0.21	0.57
Total Current Liabilities	1.0	0.57		0.99	0.98	0.99	0.99	0.99	0.99	0.98	0.99	0.89	1.0	0.96	0.56	0.98	0.98	0.99	-0.94	0.93	0.65	1.0	0.99	0.95	0.31	0.99
Total Stockholder Equity	1.0	0.53	0.99		0.95	0.99	0.98	0.99	0.97	0.99	0.97	0.9	0.99	0.96	0.6	0.98	0.96	0.99	-0.92	0.91	0.65	0.99	0.98	0.91	0.3	0.97
Other Liab	0.97	0.54	0.98	0.95		0.97	0.96	0.97	0.99	0.93	0.99	0.83	0.98	0.96	0.45	0.93	0.96	0.94	-0.89	0.98	0.55	0.98	0.98	0.98	0.24	1.0
Retained Earnings	0.99	0.45	0.99	0.99	0.97		0.97	1.0	0.97	0.97	0.97	0.85	0.99	0.98	0.51	0.95	0.95	0.96	-0.89	0.94	0.6	0.99	0.99	0.92	0.27	0.98
Accounts Payable	0.99	0.66	0.99	0.98	0.96	0.97		0.97	0.98	0.97	0.98	0.92	0.99	0.92	0.61	0.99	0.98	0.99	-0.96	0.91	0.69	0.99	0.97	0.94	0.31	0.98
Cash	0.99	0.5	0.99	0.99	0.97	1.0	0.97		0.98	0.96	0.97	0.85	0.99	0.97	0.52	0.96	0.96	0.97	-0.91	0.94	0.63	0.99	0.99	0.92	0.26	0.98
Other Assets	0.99	0.59	0.99	0.97	0.99	0.97	0.98	0.98		0.96	1.0	0.87	0.99	0.95	0.5	0.96	0.98	0.97	-0.92	0.96	0.61	0.99	0.99	0.98	0.27	1.0
Net Receivables	0.98	0.53	0.98	0.99	0.93	0.97	0.97	0.96	0.96		0.95	0.91	0.98	0.94	0.64	0.98	0.95	0.97	-0.89	0.87	0.67	0.97	0.97	0.88	0.3	0.95
Inventory	0.98	0.59	0.99	0.97	0.99	0.97	0.98	0.97	1.0	0.95		0.87	0.99	0.94	0.48	0.95	0.96	0.97	-0.93	0.95	0.59	0.99	0.98	0.98	0.35	0.99
Other Current Assets	0.89	0.7	0.89	0.9	0.83	0.85	0.92	0.85	0.87	0.91	0.87		0.89	0.77	0.7	0.94	0.9	0.93	-0.91	0.73	0.78	0.88	0.86	0.82	0.34	0.85
Total Liab	1.0	0.58	1.0	0.99	0.98	0.99	0.99	0.99	0.99	0.98	0.99	0.89		0.96	0.56	0.98	0.98	0.99	-0.93	0.94	0.64	1.0	0.99	0.95	0.29	0.99
Intangible Assets	0.96	0.32	0.96	0.96	0.96	0.98	0.92	0.97	0.95	0.94	0.94	0.77	0.96		0.42	0.9	0.9	0.91	-0.81	0.95	0.48	0.96	0.98	0.91	0.23	0.95
Common Stock	0.57	0.61	0.56	0.6	0.45	0.51	0.61	0.52	0.5	0.64	0.48	0.7	0.56	0.42		0.68	0.63	0.64	-0.58	0.35	0.73	0.52	0.47	0.39	0.02	0.49
Property Plant Equipment	0.98	0.66	0.98	0.98	0.93	0.95	0.99	0.96	0.96	0.98	0.95	0.94	0.98	0.9	0.68		0.98	1.0	-0.96	0.86	0.73	0.97	0.95	0.9	0.31	0.95
Long Term Debt	0.97	0.68	0.98	0.96	0.96	0.95	0.98	0.96	0.98	0.95	0.96	0.9	0.98	0.9	0.63	0.98		0.98	-0.93	0.92	0.72	0.97	0.96	0.93	0.17	0.98
Net Tangible Assets	0.99	0.65	0.99	0.99	0.94	0.96	0.99	0.97	0.97	0.97	0.97	0.93	0.99	0.91	0.64	1.0	0.98		-0.96	0.88	0.7	0.98	0.96	0.91	0.34	0.96
Other Stockholder Equity	-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
Deferred Long Term Liab	0.93	0.46	0.93	0.91	0.98	0.94	0.91	0.94	0.96	0.87	0.95	0.73	0.94	0.95	0.35	0.86	0.92	0.88	-0.82		0.46	0.94	0.95	0.97	0.12	0.97
Long Term Investments	0.65	0.66	0.65	0.65	0.55	0.6	0.69	0.63	0.61	0.67	0.59	0.78	0.64	0.48	0.73	0.73	0.72	0.7	-0.75	0.46		0.63	0.6	0.51	0.19	0.61
Total Current Assets	1.0	0.55	1.0	0.99	0.98	0.99	0.99	0.99	0.99	0.97	0.99	0.88	1.0	0.96	0.52	0.97	0.97	0.98	-0.93	0.94	0.63		0.99	0.95	0.32	0.99
Non Current Assets Total	0.99	0.48	0.99	0.98	0.98	0.99	0.97	0.99	0.99	0.97	0.98	0.86	0.99	0.98	0.47	0.95	0.96	0.96	-0.9	0.95	0.6	0.99		0.95	0.29	0.99
Non Currrent Assets Other	0.94	0.59	0.95	0.91	0.98	0.92	0.94	0.92	0.98	0.88	0.98	0.82	0.95	0.91	0.39	0.9	0.93	0.91	-0.88	0.97	0.51	0.95	0.95		0.3	0.97
Short Term Investments	0.3	0.21	0.31	0.3	0.24	0.27	0.31	0.26	0.27	0.3	0.35	0.34	0.29	0.23	0.02	0.31	0.17	0.34	-0.45	0.12	0.19	0.32	0.29	0.3		0.22
Non Current Liabilities Total	0.98	0.57	0.99	0.97	1.0	0.98	0.98	0.98	1.0	0.95	0.99	0.85	0.99	0.95	0.49	0.95	0.98	0.96	-0.91	0.97	0.61	0.99	0.99	0.97	0.22

Click cells to compare fundamentals

Sungrow Power Account Relationship Matchups

Sungrow Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.8B	28.0B	42.8B	61.6B	82.9B	87.0B
Other Current Liab	2.1B	2.2B	3.4B	6.3B	1.4B	1.4B
Total Current Liabilities	12.2B	15.0B	23.5B	35.5B	45.9B	48.2B
Total Stockholder Equity	8.6B	10.5B	15.7B	18.7B	27.7B	29.1B
Other Liab	218.1M	270.2M	397.7M	1.2B	1.4B	1.5B
Retained Earnings	4.0B	5.9B	7.2B	10.7B	18.7B	19.7B
Accounts Payable	9.3B	12.1B	17.8B	25.9B	28.5B	29.9B
Cash	4.5B	7.4B	7.8B	11.7B	18.0B	18.9B
Other Assets	457.4M	615.5M	1.2B	2.5B	2.8B	3.0B
Net Receivables	8.8B	6.6B	12.7B	13.8B	21.1B	22.2B
Inventory	3.3B	3.9B	10.8B	19.1B	21.4B	22.5B
Other Current Assets	446.3M	561.2M	1.2B	1.3B	1.2B	1.3B
Total Liab	14.1B	17.1B	26.1B	41.9B	53.4B	56.1B
Intangible Assets	108.1M	129.0M	174.4M	340.4M	732.4M	769.0M
Common Stock	1.5B	1.5B	1.5B	1.5B	1.7B	919.7M
Property Plant Equipment	3.0B	3.5B	5.0B	6.3B	7.2B	7.6B
Long Term Debt	1.7B	1.8B	1.9B	4.2B	4.2B	4.4B
Net Tangible Assets	8.5B	10.3B	15.5B	18.3B	21.1B	22.1B
Other Stockholder Equity	(7.7M)	(14.4M)	(24.2M)	(30.5M)	(27.5M)	(26.1M)
Deferred Long Term Liab	19.1M	33.8M	23.7M	98.8M	113.6M	119.3M
Total Current Assets	18.4B	23.3B	36.3B	52.0B	69.3B	72.7B
Non Current Assets Total	4.4B	4.7B	6.5B	9.6B	13.6B	14.3B
Non Currrent Assets Other	10.9M	11.4M	313.3M	992.2M	917.8M	963.7M
Short Term Investments	1.4B	673.0M	3.8B	1.5B	2.1B	1.6B
Non Current Liabilities Total	1.9B	2.1B	2.6B	6.4B	7.5B	7.9B
Short Long Term Debt	333.2M	135.1M	1.5B	1.4B	2.8B	2.9B
Non Current Liabilities Other	70.5M	119.6M	242.1M	1.1B	2.6B	2.7B
Common Stock Shares Outstanding	1.5B	1.5B	1.5B	1.5B	2.1B	1.7B
Net Invested Capital	10.5B	12.4B	19.1B	24.3B	34.7B	18.6B
Net Working Capital	6.2B	8.2B	12.8B	16.5B	23.3B	12.2B
Capital Stock	1.5B	1.5B	1.5B	1.5B	1.5B	1.6B

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

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.

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

Sungrow Long Term Debt vs Total Stockholder Equity Analysis

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Stockholder Equity

Sungrow Power fundamental ratios Correlations

Sungrow Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sungrow Power fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Sungrow Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities

Other Stockholder Equity	- 0.96	Net Tangible Assets
Other Stockholder Equity	- 0.96	Property Plant Equipment
Other Stockholder Equity	- 0.96	Accounts Payable
Other Stockholder Equity	- 0.94	Total Current Liabilities
Total Current Assets	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Long Term Debt