Sunnova Stock Based Compensation vs Begin Period Cash Flow Analysis

NOVA Stock  USD 5.54  0.13  2.40%   
Sunnova Energy financial indicator trend analysis is much more than just breaking down Sunnova Energy Inter prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunnova Energy Inter is a good investment. Please check the relationship between Sunnova Energy Stock Based Compensation and its Begin Period Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Stock Based Compensation vs Begin Period Cash Flow

Stock Based Compensation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunnova Energy Inter Stock Based Compensation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunnova Energy's Stock Based Compensation and Begin Period Cash Flow is 0.89. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Sunnova Energy International, assuming nothing else is changed. The correlation between historical values of Sunnova Energy's Stock Based Compensation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Sunnova Energy International are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., Sunnova Energy's Stock Based Compensation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Sunnova Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunnova Energy Inter 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Sunnova Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 93 M, whereas Tax Provision is projected to grow to (971.9 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization107.0M136.6M186.7M96.6M
Interest Income34.2M59.8M115.9M121.7M

Sunnova Energy fundamental ratios Correlations

1.00.990.970.890.990.90.90.881.0-0.110.940.781.00.50.991.00.780.99-0.780.670.721.00.740.850.52
1.00.980.970.870.990.880.890.91.0-0.070.950.751.00.480.991.00.750.99-0.750.670.71.00.720.830.49
0.990.980.930.910.990.930.910.820.98-0.190.880.830.990.60.990.990.830.97-0.840.640.780.990.790.890.59
0.970.970.930.760.940.790.830.940.980.10.990.60.970.280.940.970.60.97-0.650.60.580.970.610.70.41
0.890.870.910.760.890.940.960.620.86-0.460.710.910.880.680.890.880.910.83-0.890.690.920.870.920.990.66
0.990.990.990.940.890.880.90.870.99-0.120.90.820.990.591.00.990.820.99-0.770.720.710.990.730.860.48
0.90.880.930.790.940.880.870.580.87-0.510.740.870.890.620.890.880.870.82-0.970.510.910.880.910.950.8
0.90.890.910.830.960.90.870.730.89-0.240.790.810.90.570.90.90.810.88-0.790.70.850.90.860.920.55
0.880.90.820.940.620.870.580.730.90.340.940.470.890.220.870.890.470.93-0.390.680.360.890.390.540.11
1.01.00.980.980.860.990.870.890.9-0.050.950.741.00.460.991.00.740.99-0.740.660.691.00.710.810.49
-0.11-0.07-0.190.1-0.46-0.12-0.51-0.240.34-0.050.16-0.57-0.09-0.54-0.12-0.08-0.570.020.63-0.08-0.63-0.08-0.61-0.55-0.64
0.940.950.880.990.710.90.740.790.940.950.160.510.940.180.90.940.510.94-0.60.560.540.940.570.640.38
0.780.750.830.60.910.820.870.810.470.74-0.570.510.760.90.810.771.00.73-0.830.690.810.760.80.960.56
1.01.00.990.970.880.990.890.90.891.0-0.090.940.760.480.991.00.760.99-0.770.670.711.00.730.840.51
0.50.480.60.280.680.590.620.570.220.46-0.540.180.90.480.580.50.90.49-0.630.540.610.490.590.760.39
0.990.990.990.940.891.00.890.90.870.99-0.120.90.810.990.580.990.810.99-0.770.70.720.990.730.860.5
1.01.00.990.970.880.990.880.90.891.0-0.080.940.771.00.50.990.770.99-0.760.680.711.00.730.840.5
0.780.750.830.60.910.820.870.810.470.74-0.570.511.00.760.90.810.770.73-0.830.690.810.760.80.960.56
0.990.990.970.970.830.990.820.880.930.990.020.940.730.990.490.990.990.73-0.690.690.630.990.650.780.41
-0.78-0.75-0.84-0.65-0.89-0.77-0.97-0.79-0.39-0.740.63-0.6-0.83-0.77-0.63-0.77-0.76-0.83-0.69-0.34-0.95-0.76-0.94-0.91-0.91
0.670.670.640.60.690.720.510.70.680.66-0.080.560.690.670.540.70.680.690.69-0.340.360.670.370.67-0.07
0.720.70.780.580.920.710.910.850.360.69-0.630.540.810.710.610.720.710.810.63-0.950.360.71.00.920.87
1.01.00.990.970.870.990.880.90.891.0-0.080.940.761.00.490.991.00.760.99-0.760.670.70.720.830.5
0.740.720.790.610.920.730.910.860.390.71-0.610.570.80.730.590.730.730.80.65-0.940.371.00.720.910.86
0.850.830.890.70.990.860.950.920.540.81-0.550.640.960.840.760.860.840.960.78-0.910.670.920.830.910.68
0.520.490.590.410.660.480.80.550.110.49-0.640.380.560.510.390.50.50.560.41-0.91-0.070.870.50.860.68
Click cells to compare fundamentals

Sunnova Energy Account Relationship Matchups

Sunnova Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B3.6B5.5B8.3B11.3B11.9B
Short Long Term Debt Total1.4B2.0B3.3B5.4B7.5B7.9B
Other Current Liab59.3M55.1M108.9M178.0M201.0M211.0M
Total Current Liabilities195.0M210.9M310.9M541.9M1.1B1.2B
Total Stockholder Equity645.9M951.7M1.2B1.3B1.5B1.0B
Other Liab90.9M148.0M436.0M696.0M800.4M840.5M
Net Tangible Assets645.9M951.7M985.8M1.1B1.3B1.3B
Property Plant And Equipment Net1.7B2.3B2.9B3.8B5.6B3.0B
Current Deferred Revenue2.1M3.8M15.3M30.2M50.8M53.4M
Net Debt1.4B1.8B3.0B5.0B7.3B7.7B
Retained Earnings(361.8M)(531.0M)(459.7M)(364.8M)(228.6M)(240.0M)
Accounts Payable36.2M39.9M55.0M116.1M355.8M373.6M
Cash83.5M209.9M243.1M360.3M212.8M191.5M
Non Current Assets Total2.2B3.1B4.9B7.4B10.4B10.9B
Non Currrent Assets Other467.7M807.8M1.8B3.4B559.2M531.2M
Other Assets484.6M807.8M1.8B3.3B3.8B4.0B
Long Term Debt1.3B1.9B3.1B5.2B7.0B7.4B
Cash And Short Term Investments83.5M209.9M243.1M360.3M212.8M191.5M
Net Receivables16.8M34.3M144.0M366.2M485.7M510.0M
Common Stock Shares Outstanding40.8M87.9M110.9M114.5M118.3M100.3M
Liabilities And Stockholders Equity2.5B3.6B5.5B8.3B11.3B11.9B
Non Current Liabilities Total1.5B2.1B3.6B5.9B8.1B8.5B
Inventory43.7M102.6M128.0M152.1M148.6M92.1M
Other Current Assets174.0M109.9M100.7M69.8M89.1M91.6M
Other Stockholder Equity1.0B1.5B1.6B1.6B1.8B1.4B
Total Liab1.7B2.3B3.9B6.4B9.2B9.7B
Net Invested Capital2.1B3.0B4.5B6.7B9.0B9.5B
Property Plant And Equipment Gross1.7B2.3B3.2B4.2B6.2B3.2B
Short Long Term Debt97.5M110.9M129.8M214.4M483.5M507.7M
Total Current Assets274.3M456.7M615.7M948.4M936.2M534.6M
Non Current Liabilities Other127.4M171.4M436.0M712.7M1.1B1.1B
Net Working Capital79.3M245.8M304.8M406.4M(159.0M)(151.1M)
Short Term Debt97.5M112.1M131.6M217.7M487.7M512.1M
Property Plant Equipment1.7B2.3B2.9B3.7B4.3B2.4B

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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.
When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.38)
Revenue Per Share
6.552
Quarterly Revenue Growth
0.186
Return On Assets
(0.01)
Return On Equity
(0.23)
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.