Sunrise Depreciation And Amortization vs Selling General Administrative Analysis

EPOW Stock  USD 1.06  0.33  45.21%   
Sunrise New financial indicator trend analysis is much more than just breaking down Sunrise New Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunrise New Energy is a good investment. Please check the relationship between Sunrise New Depreciation And Amortization and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sunrise New Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunrise New Energy Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunrise New's Depreciation And Amortization and Selling General Administrative is 0.83. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Sunrise New Energy, assuming nothing else is changed. The correlation between historical values of Sunrise New's Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Sunrise New Energy are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Sunrise New's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Sunrise New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunrise New Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sunrise New Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.3M27.1K31.2K29.6K
Depreciation And Amortization1.1M2.3M4.3M4.5M

Sunrise New fundamental ratios Correlations

0.890.890.260.95-0.740.85-0.560.9-0.470.990.66-0.10.720.470.950.780.850.90.880.9-0.150.810.910.610.73
0.890.94-0.070.94-0.620.9-0.70.95-0.560.920.33-0.310.530.240.850.570.610.940.660.96-0.250.550.670.310.4
0.890.94-0.180.98-0.460.98-0.821.0-0.730.950.29-0.460.510.480.830.510.61.00.580.990.020.530.710.30.36
0.26-0.07-0.18-0.05-0.71-0.280.6-0.150.650.110.660.860.62-0.020.170.370.5-0.170.64-0.16-0.480.650.50.690.83
0.950.940.98-0.05-0.540.97-0.780.98-0.690.990.46-0.370.550.50.920.670.720.990.70.980.00.630.780.410.49
-0.74-0.62-0.46-0.71-0.54-0.34-0.08-0.49-0.18-0.64-0.59-0.43-0.89-0.09-0.64-0.57-0.67-0.47-0.9-0.480.7-0.85-0.78-0.58-0.84
0.850.90.98-0.280.97-0.34-0.890.98-0.830.920.28-0.580.40.540.840.540.570.990.520.970.150.460.640.240.28
-0.56-0.7-0.820.6-0.78-0.08-0.89-0.810.91-0.68-0.070.720.04-0.44-0.59-0.33-0.36-0.82-0.15-0.82-0.47-0.08-0.29-0.080.09
0.90.951.0-0.150.98-0.490.98-0.81-0.710.950.3-0.430.520.470.840.520.621.00.61.0-0.010.550.710.330.38
-0.47-0.56-0.730.65-0.69-0.18-0.830.91-0.71-0.59-0.020.890.04-0.61-0.57-0.33-0.21-0.73-0.08-0.69-0.52-0.04-0.210.140.17
0.990.920.950.110.99-0.640.92-0.680.95-0.590.57-0.230.640.510.950.730.80.950.80.95-0.050.730.860.540.62
0.660.330.290.660.46-0.590.28-0.070.3-0.020.570.370.450.340.710.870.850.320.820.31-0.020.680.670.830.85
-0.1-0.31-0.460.86-0.37-0.43-0.580.72-0.430.89-0.230.370.27-0.38-0.230.00.22-0.450.28-0.41-0.440.290.150.570.53
0.720.530.510.620.55-0.890.40.040.520.040.640.450.270.350.590.460.610.510.840.5-0.520.920.860.470.79
0.470.240.48-0.020.5-0.090.54-0.440.47-0.610.510.34-0.380.350.480.330.430.490.320.410.50.40.440.280.33
0.950.850.830.170.92-0.640.84-0.590.84-0.570.950.71-0.230.590.480.890.810.850.850.84-0.080.720.80.50.63
0.780.570.510.370.67-0.570.54-0.330.52-0.330.730.870.00.460.330.890.820.540.840.54-0.050.690.680.570.66
0.850.610.60.50.72-0.670.57-0.360.62-0.210.80.850.220.610.430.810.820.620.890.620.030.840.810.870.81
0.90.941.0-0.170.99-0.470.99-0.821.0-0.730.950.32-0.450.510.490.850.540.620.61.00.020.550.720.310.38
0.880.660.580.640.7-0.90.52-0.150.6-0.080.80.820.280.840.320.850.840.890.60.6-0.360.940.90.720.9
0.90.960.99-0.160.98-0.480.97-0.821.0-0.690.950.31-0.410.50.410.840.540.621.00.6-0.010.540.720.330.38
-0.15-0.250.02-0.480.00.70.15-0.47-0.01-0.52-0.05-0.02-0.44-0.520.5-0.08-0.050.030.02-0.36-0.01-0.31-0.210.03-0.31
0.810.550.530.650.63-0.850.46-0.080.55-0.040.730.680.290.920.40.720.690.840.550.940.54-0.310.920.670.87
0.910.670.710.50.78-0.780.64-0.290.71-0.210.860.670.150.860.440.80.680.810.720.90.72-0.210.920.680.86
0.610.310.30.690.41-0.580.24-0.080.330.140.540.830.570.470.280.50.570.870.310.720.330.030.670.680.86
0.730.40.360.830.49-0.840.280.090.380.170.620.850.530.790.330.630.660.810.380.90.38-0.310.870.860.86
Click cells to compare fundamentals

Sunrise New Account Relationship Matchups

Sunrise New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0M39.7M58.7M107.0M120.5M126.5M
Other Current Liab3.2M529.2K330.9K5.0M9.4M9.9M
Total Current Liabilities6.9M5.6M1.7M26.0M63.5M66.7M
Total Stockholder Equity19.8M34.0M53.9M28.7M2.6M2.5M
Property Plant And Equipment Net1.8M3.5M4.9M45.3M71.5M75.1M
Current Deferred Revenue583.5K250.3K179.4K694.7K690.2K1.1M
Net Debt(9.1M)(10.9M)(13.8M)8.1M26.4M27.7M
Retained Earnings14.4M25.7M17.3M(6.2M)(30.5M)(28.9M)
Accounts Payable2.8M33.7K34.5K12.3M33.9M35.6M
Cash9.4M11.0M13.9M4.3M1.4M1.3M
Non Current Assets Total7.8M12.1M24.4M62.4M84.7M88.9M
Non Currrent Assets Other409.7K593.6K7.0M10.1M1.5M3.0M
Cash And Short Term Investments9.4M11.0M20.5M7.6M3.6M3.4M
Net Receivables5.9M12.6M8.1M6.0M10.4M7.0M
Liabilities And Stockholders Equity27.0M39.7M58.7M107.0M120.5M126.5M
Inventory3.3M2.7M3.1M21.2M15.8M16.6M
Other Current Assets480.3K1.3M3.3M15.3M6.0M4.3M
Other Stockholder Equity4.3M4.5M32.0M33.8M32.6M18.1M
Total Liab7.0M5.6M1.7M33.7M75.2M78.9M
Total Current Assets19.2M27.7M34.3M44.6M35.8M28.7M
Accumulated Other Comprehensive Income1.0M3.9M4.6M1.1M488.9K464.4K
Short Term Debt263.8K63.3K99.6K7.6M19.0M19.9M
Non Current Liabilities Total104.8K3.2K313.5K7.6M11.7M12.3M
Net Invested Capital19.8M34.0M53.9M42.8M25.5M34.2M
Long Term Investments582.1K3.1M5.4M3.0M1.9M2.6M
Net Working Capital12.7M22.7M32.6M18.6M(27.7M)(26.3M)

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.

Additional Tools for Sunrise Stock Analysis

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.