SunCar Property Plant And Equipment Gross vs Cash Analysis

SDAWW Stock   0.35  0  0.69%   
SunCar Technology financial indicator trend analysis is much more than just breaking down SunCar Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunCar Technology is a good investment. Please check the relationship between SunCar Technology Property Plant And Equipment Gross and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

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

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of SunCar Technology, which is listed under current asset account on SunCar Technology Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SunCar Technology customers. The amounts must be unrestricted with restricted cash listed in a different SunCar Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from SunCar Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunCar Technology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, SunCar Technology's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 42.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 33.3 M in 2024.
 2021 2023 2024 (projected)
Interest Expense3.0M4.4M3.6M
Interest Income20.1K23.1K12.8K

SunCar Technology fundamental ratios Correlations

0.830.98-0.950.77-0.960.620.93-0.880.830.530.680.520.690.790.990.93-0.670.890.451.0-0.960.630.99
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0.980.81-0.990.73-0.930.590.89-0.880.70.610.560.570.550.670.990.83-0.630.850.430.98-0.960.480.99
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-0.96-0.8-0.930.92-0.83-0.66-0.990.97-0.88-0.57-0.83-0.58-0.81-0.89-0.95-0.920.85-0.91-0.39-0.950.99-0.76-0.98
0.620.920.59-0.580.96-0.660.65-0.60.670.870.580.930.570.610.60.61-0.520.9-0.420.6-0.640.520.63
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0.680.550.56-0.540.75-0.830.580.88-0.830.90.330.420.990.980.620.82-0.930.750.240.66-0.770.980.69
0.520.820.57-0.60.88-0.580.930.56-0.580.430.990.420.350.430.550.4-0.480.8-0.470.51-0.590.290.58
0.690.570.55-0.510.73-0.810.570.86-0.770.950.250.990.350.990.620.86-0.850.750.260.67-0.741.00.67
0.790.640.67-0.640.78-0.890.610.93-0.860.960.350.980.430.990.730.91-0.890.820.310.77-0.840.970.78
0.990.830.99-0.980.75-0.950.60.91-0.880.770.570.620.550.620.730.88-0.650.870.441.0-0.960.560.99
0.930.780.83-0.770.77-0.920.610.92-0.80.970.350.820.40.860.910.88-0.690.870.410.92-0.880.840.88
-0.67-0.48-0.630.65-0.70.85-0.52-0.890.92-0.74-0.45-0.93-0.48-0.85-0.89-0.65-0.69-0.7-0.29-0.650.83-0.83-0.73
0.890.960.85-0.820.97-0.910.90.89-0.830.870.750.750.80.750.820.870.87-0.70.020.88-0.890.70.89
0.45-0.110.43-0.41-0.18-0.39-0.420.39-0.390.27-0.410.24-0.470.260.310.440.41-0.290.020.46-0.410.260.43
1.00.830.98-0.950.76-0.950.60.92-0.870.820.520.660.510.670.771.00.92-0.650.880.46-0.960.610.99
-0.96-0.78-0.960.95-0.810.99-0.64-0.980.97-0.81-0.6-0.77-0.59-0.74-0.84-0.96-0.880.83-0.89-0.41-0.96-0.69-0.99
0.630.510.48-0.440.69-0.760.520.82-0.720.930.190.980.291.00.970.560.84-0.830.70.260.61-0.690.61
0.990.820.99-0.980.78-0.980.630.95-0.930.790.60.690.580.670.780.990.88-0.730.890.430.99-0.990.61
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SunCar Technology Account Relationship Matchups

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When running SunCar Technology's price analysis, check to measure SunCar Technology'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 SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.