Sunrise Net Receivables vs Current Deferred Revenue Analysis

EPOW Stock  USD 0.85  0.03  3.41%   
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 Net Receivables and its Current Deferred Revenue 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.

Net Receivables vs Current Deferred Revenue

Net Receivables vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunrise New Energy Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Sunrise New's Net Receivables and Current Deferred Revenue is -0.89. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue 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 Net Receivables and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Sunrise New Energy are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Sunrise New's Net Receivables and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Receivables

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Amortization1.1M2.3M4.5M4.7M

Sunrise New fundamental ratios Correlations

0.870.890.260.95-0.740.85-0.560.9-0.180.990.66-0.10.720.470.950.780.850.90.880.9-0.150.810.910.270.73
0.870.98-0.150.95-0.530.94-0.770.99-0.290.920.23-0.380.520.340.790.460.570.980.580.99-0.130.520.68-0.140.35
0.890.98-0.180.98-0.460.98-0.821.0-0.420.950.29-0.460.510.480.830.510.61.00.580.990.020.530.71-0.130.36
0.26-0.15-0.18-0.05-0.71-0.280.6-0.150.690.110.660.860.62-0.020.170.370.5-0.170.64-0.16-0.480.650.50.80.83
0.950.950.98-0.05-0.540.97-0.780.98-0.40.990.46-0.370.550.50.920.670.720.990.70.980.00.630.780.020.49
-0.74-0.53-0.46-0.71-0.54-0.34-0.08-0.49-0.41-0.64-0.59-0.43-0.89-0.09-0.64-0.57-0.67-0.47-0.9-0.480.7-0.85-0.78-0.41-0.84
0.850.940.98-0.280.97-0.34-0.890.98-0.560.920.28-0.580.40.540.840.540.570.990.520.970.150.460.64-0.170.28
-0.56-0.77-0.820.6-0.78-0.08-0.89-0.810.73-0.68-0.070.720.04-0.44-0.59-0.33-0.36-0.82-0.15-0.82-0.47-0.08-0.290.280.09
0.90.991.0-0.150.98-0.490.98-0.81-0.390.950.3-0.430.520.470.840.520.621.00.61.0-0.010.550.71-0.10.38
-0.18-0.29-0.420.69-0.4-0.41-0.560.73-0.39-0.290.050.890.25-0.55-0.36-0.28-0.07-0.420.1-0.38-0.650.120.060.440.36
0.990.920.950.110.99-0.640.92-0.680.95-0.290.57-0.230.640.510.950.730.80.950.80.95-0.050.730.860.160.62
0.660.230.290.660.46-0.590.28-0.070.30.050.570.370.450.340.710.870.850.320.820.31-0.020.680.670.80.85
-0.1-0.38-0.460.86-0.37-0.43-0.580.72-0.430.89-0.230.370.27-0.38-0.230.00.22-0.450.28-0.41-0.440.290.150.760.53
0.720.520.510.620.55-0.890.40.040.520.250.640.450.270.350.590.460.610.510.840.5-0.520.920.860.270.79
0.470.340.48-0.020.5-0.090.54-0.440.47-0.550.510.34-0.380.350.480.330.430.490.320.410.50.40.440.10.33
0.950.790.830.170.92-0.640.84-0.590.84-0.360.950.71-0.230.590.480.890.810.850.850.84-0.080.720.80.210.63
0.780.460.510.370.67-0.570.54-0.330.52-0.280.730.870.00.460.330.890.820.540.840.54-0.050.690.680.450.66
0.850.570.60.50.72-0.670.57-0.360.62-0.070.80.850.220.610.430.810.820.620.890.620.030.840.810.660.81
0.90.981.0-0.170.99-0.470.99-0.821.0-0.420.950.32-0.450.510.490.850.540.620.61.00.020.550.72-0.110.38
0.880.580.580.640.7-0.90.52-0.150.60.10.80.820.280.840.320.850.840.890.60.6-0.360.940.90.530.9
0.90.990.99-0.160.98-0.480.97-0.821.0-0.380.950.31-0.410.50.410.840.540.621.00.6-0.010.540.72-0.090.38
-0.15-0.130.02-0.480.00.70.15-0.47-0.01-0.65-0.05-0.02-0.44-0.520.5-0.08-0.050.030.02-0.36-0.01-0.31-0.210.03-0.31
0.810.520.530.650.63-0.850.46-0.080.550.120.730.680.290.920.40.720.690.840.550.940.54-0.310.920.480.87
0.910.680.710.50.78-0.780.64-0.290.710.060.860.670.150.860.440.80.680.810.720.90.72-0.210.920.410.86
0.27-0.14-0.130.80.02-0.41-0.170.28-0.10.440.160.80.760.270.10.210.450.66-0.110.53-0.090.030.480.410.75
0.730.350.360.830.49-0.840.280.090.380.360.620.850.530.790.330.630.660.810.380.90.38-0.310.870.860.75
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Sunrise New Account Relationship Matchups

Sunrise New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0M39.7M58.7M107.0M120.5M126.5M
Other Current Liab3.2M529.2K330.9K5.0M17.8M18.7M
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
Cash9.4M11.0M13.9M4.3M3.6M6.9M
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)

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