Suncor Non Current Liabilities Total vs Net Receivables Analysis

SU Stock  USD 41.42  0.29  0.71%   
Suncor Energy financial indicator trend analysis is much more than just breaking down Suncor Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncor Energy is a good investment. Please check the relationship between Suncor Energy Non Current Liabilities Total and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor 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 employment.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncor Energy Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Suncor Energy's Non Current Liabilities Total and Net Receivables is 0.26. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Suncor Energy, assuming nothing else is changed. The correlation between historical values of Suncor Energy's Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Suncor Energy are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Suncor Energy's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Net Receivables

Most indicators from Suncor Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suncor 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor 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 employment.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.At this time, Suncor Energy's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Enterprise Value Multiple is likely to drop 3.61 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit19.5B28.8B19.5B10.1B
Total Revenue39.1B58.3B49.1B51.5B

Suncor Energy fundamental ratios Correlations

0.890.210.890.980.990.760.740.810.430.990.10.430.380.870.970.54-0.280.980.430.570.490.260.240.750.96
0.890.260.760.780.920.960.380.490.120.920.020.120.120.730.970.42-0.40.950.40.30.710.420.230.730.92
0.210.260.410.110.160.290.040.19-0.110.180.07-0.110.56-0.010.260.69-0.190.30.630.50.160.630.390.460.17
0.890.760.410.840.840.650.640.840.360.850.190.360.510.760.830.63-0.120.90.460.640.580.240.290.650.83
0.980.780.110.840.950.610.860.870.560.960.110.560.420.880.90.51-0.230.910.380.610.340.150.20.690.92
0.990.920.160.840.950.810.660.720.351.00.020.350.270.870.980.47-0.370.980.40.460.550.290.20.750.98
0.760.960.290.650.610.810.150.32-0.170.810.03-0.170.020.570.890.37-0.40.860.430.120.770.570.230.710.83
0.740.380.040.640.860.660.150.890.790.680.080.790.590.660.570.49-0.10.610.310.74-0.08-0.080.180.450.59
0.810.490.190.840.870.720.320.890.580.750.330.580.670.720.660.640.080.730.430.770.120.080.20.560.69
0.430.12-0.110.360.560.35-0.170.790.580.35-0.041.00.370.530.260.170.020.29-0.130.6-0.21-0.510.010.060.28
0.990.920.180.850.961.00.810.680.750.350.080.350.30.870.980.5-0.320.980.420.480.540.30.20.760.98
0.10.020.070.190.110.020.030.080.33-0.040.08-0.040.30.210.050.290.830.090.130.23-0.070.06-0.220.190.12
0.430.12-0.110.360.560.35-0.170.790.581.00.35-0.040.370.530.260.170.020.29-0.130.6-0.21-0.510.010.060.28
0.380.120.560.510.420.270.020.590.670.370.30.30.370.290.260.910.030.330.710.94-0.140.370.50.590.27
0.870.73-0.010.760.880.870.570.660.720.530.870.210.530.290.810.39-0.090.820.20.490.440.020.030.660.91
0.970.970.260.830.90.980.890.570.660.260.980.050.260.260.810.5-0.360.990.430.440.590.380.230.770.97
0.540.420.690.630.510.470.370.490.640.170.50.290.170.910.390.5-0.140.550.890.870.160.670.550.830.49
-0.28-0.4-0.19-0.12-0.23-0.37-0.4-0.10.080.02-0.320.830.020.03-0.09-0.36-0.14-0.32-0.34-0.05-0.3-0.41-0.43-0.35-0.29
0.980.950.30.90.910.980.860.610.730.290.980.090.290.330.820.990.55-0.320.450.50.60.360.250.770.96
0.430.40.630.460.380.40.430.310.43-0.130.420.13-0.130.710.20.430.89-0.340.450.640.230.870.680.820.42
0.570.30.50.640.610.460.120.740.770.60.480.230.60.940.490.440.87-0.050.50.64-0.030.250.520.630.45
0.490.710.160.580.340.550.77-0.080.12-0.210.54-0.07-0.21-0.140.440.590.16-0.30.60.23-0.030.310.220.420.59
0.260.420.630.240.150.290.57-0.080.08-0.510.30.06-0.510.370.020.380.67-0.410.360.870.250.310.520.740.33
0.240.230.390.290.20.20.230.180.20.010.2-0.220.010.50.030.230.55-0.430.250.680.520.220.520.470.22
0.750.730.460.650.690.750.710.450.560.060.760.190.060.590.660.770.83-0.350.770.820.630.420.740.470.8
0.960.920.170.830.920.980.830.590.690.280.980.120.280.270.910.970.49-0.290.960.420.450.590.330.220.8
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Suncor Energy Account Relationship Matchups

Suncor Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets89.4B84.6B83.7B84.6B88.5B46.3B
Short Long Term Debt Total18.0B21.7B18.4B15.6B15.8B8.8B
Other Current Liab310M1.1B2.5B2.2B1.7B1.7B
Total Current Liabilities10.5B10.5B10.4B12.9B9.6B5.5B
Total Stockholder Equity42.0B35.8B36.6B39.4B43.3B22.4B
Property Plant And Equipment Net75.1B70.4B67.8B64.6B67.7B37.3B
Net Debt16.0B19.8B16.1B13.6B14.1B7.3B
Retained Earnings15.4B9.1B11.5B15.6B20.0B10.2B
Accounts Payable6.6B4.1B4.8B7.1B7.1B3.6B
Cash2.0B1.9B2.2B2.0B1.7B1.6B
Non Current Assets Total79.5B75.2B72.8B70.1B74.7B39.9B
Non Currrent Assets Other905M954M916M1.0B1.3B1.4B
Cash And Short Term Investments2.0B1.9B2.2B2.0B1.7B1.6B
Net Receivables4.2B3.0B4.4B5.9B6.7B7.1B
Common Stock Shares Outstanding1.6B1.5B1.5B1.4B1.3B1.3B
Liabilities And Stockholders Equity89.4B84.6B83.7B84.6B88.5B46.3B
Non Current Liabilities Total36.9B38.3B36.7B32.4B35.7B18.4B
Inventory3.8B3.6B4.1B5.1B5.4B5.6B
Other Stockholder Equity566M591M612M571M569M540.6M
Total Liab47.4B48.9B47.1B45.3B45.3B23.9B
Property Plant And Equipment Gross75.1B70.4B67.8B129.2B127.3B133.7B
Total Current Assets9.9B9.4B11.0B14.5B13.8B14.5B
Accumulated Other Comprehensive Income899M877M814M974M1.0B1.1B
Short Term Debt2.5B5.3B1.8B3.1B842M877.5M
Other Assets1.1B1.2B1.5B1.8B2.1B2.2B
Other Current Assets227M880M251M1.6B1.0B1.1B
Common Stock25.2B25.1B23.7B22.3B21.7B14.4B
Intangible Assets166M436M631M694M636M340.1M
Other Liab21.4B21.9B20.2B19.5B22.4B23.5B
Net Tangible Assets39.0B32.4B33.1B35.8B41.1B43.2B
Long Term Debt12.9B13.8B14.0B9.8B11.1B9.2B
Long Term Investments289M323M391M758M490M514.5M
Short Long Term Debt2.2B5.0B1.5B2.8B494M469.3M
Property Plant Equipment75.1B70.4B67.8B64.6B74.3B47.0B
Current Deferred Revenue425M535M1.2B41M47.2M44.8M
Long Term Debt Total15.5B16.4B16.5B12.5B14.4B14.3B
Capital Surpluse566M591M612M571M656.7M554.8M
Capital Lease Obligations2.9B2.9B2.9B3.0B3.8B2.2B

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