Sun Short Term Investments vs Accounts Payable Analysis
SUI Stock | USD 127.46 1.06 0.82% |
Sun Communities financial indicator trend analysis is much more than just breaking down Sun Communities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Communities is a good investment. Please check the relationship between Sun Communities Short Term Investments and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. 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 detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
Short Term Investments vs Accounts Payable
Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Communities Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Sun Communities' Short Term Investments and Accounts Payable is -0.88. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sun Communities, assuming nothing else is changed. The correlation between historical values of Sun Communities' Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Sun Communities are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Investments i.e., Sun Communities' Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Sun Communities balance sheet. It contains any investments Sun Communities undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sun Communities can easily liquidate in the marketplace.Accounts Payable
An accounting item on the balance sheet that represents Sun Communities obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sun Communities are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Sun Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Communities 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 Sun Communities. 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 detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.As of now, Sun Communities' Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.4B | 831.7M | 873.3M | Total Revenue | 2.3B | 2.9B | 3.2B | 3.3B |
Sun Communities fundamental ratios Correlations
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Sun Communities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sun Communities fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.8B | 11.2B | 13.5B | 17.1B | 16.9B | 17.8B | |
Short Long Term Debt Total | 3.4B | 4.8B | 6.7B | 9.3B | 8.0B | 8.3B | |
Total Stockholder Equity | 3.8B | 5.5B | 6.6B | 7.8B | 7.1B | 7.4B | |
Net Debt | 3.3B | 4.6B | 5.6B | 9.2B | 7.9B | 8.3B | |
Retained Earnings | (1.4B) | (1.6B) | (1.6B) | (1.7B) | (2.4B) | (2.3B) | |
Non Current Assets Total | 7.5B | 10.7B | 12.7B | 16.0B | 16.2B | 17.0B | |
Non Currrent Assets Other | 7.4B | 10.0B | 11.9B | 14.6B | 266.9M | 253.6M | |
Other Assets | 61.4M | 265.0M | 14.1B | 14.3B | 11.7M | 11.1M | |
Net Receivables | 157.9M | 221.7M | 469.6M | 617.3M | 477.8M | 501.7M | |
Common Stock Shares Outstanding | 88.5M | 97.5M | 112.6M | 122.9M | 123.8M | 130.0M | |
Liabilities And Stockholders Equity | 7.8B | 11.2B | 13.5B | 17.1B | 16.9B | 17.8B | |
Non Current Liabilities Total | 3.4B | 3.9B | 6.2B | 8.3B | 6.0B | 6.3B | |
Other Stockholder Equity | 5.2B | 6.9B | 7.9B | 9.5B | 9.5B | 9.9B | |
Total Liab | 3.9B | 5.6B | 6.8B | 9.2B | 9.5B | 10.0B | |
Total Current Assets | 349.5M | 491.3M | 785.7M | 1.0B | 726.1M | 762.4M | |
Other Current Liab | 71.7M | 87.0M | (698.9M) | 155.5M | 1.4B | 1.5B | |
Total Current Liabilities | 516.3M | 1.7B | 578.7M | 859.7M | 3.5B | 3.7B | |
Cash | 34.8M | 98.3M | 78.2M | 90.4M | 42.7M | 29.5M | |
Cash And Short Term Investments | 129.6M | 223.0M | 265.1M | 217.7M | 42.7M | 52.6M | |
Common Stock Total Equity | 932K | 1.1M | 1.2M | 1.2M | 1.4M | 1.4M | |
Common Stock | 932K | 1.1M | 1.2M | 1.2M | 1.4M | 1.4M | |
Short Term Debt | 183.9M | 1.2B | 1.0B | 2.1B | 2.1B | 2.2B | |
Other Liab | 186.4M | 322.4M | 755.7M | 1.3B | 1.5B | 1.6B | |
Accounts Payable | 127.3M | 148.4M | 361M | 396.3M | (805M) | (764.8M) | |
Long Term Debt | 3.3B | 3.5B | 5.7B | 7.2B | 5.7B | 6.0B | |
Accumulated Other Comprehensive Income | (1.3M) | 3.2M | 3.1M | (9.9M) | 12.2M | 12.8M | |
Inventory | 62.1M | 46.6M | 51.1M | 202.7M | 205.6M | 215.9M | |
Short Term Investments | 94.7M | 124.7M | 186.9M | 127.3M | 17.7B | 18.6B | |
Other Current Assets | (254.8M) | (360.9M) | (598.9M) | (910.4M) | (726.1M) | (689.8M) | |
Intangible Assets | 67.5M | 305.6M | 306.8M | 402M | 369.5M | 388.0M | |
Net Tangible Assets | 3.9B | 5.1B | 6.1B | 6.6B | 7.6B | 8.0B | |
Noncontrolling Interest In Consolidated Entity | 56.2M | 102.1M | 106.7M | 78.7M | 90.5M | 70.2M | |
Retained Earnings Total Equity | (1.4B) | (1.6B) | (1.6B) | (1.7B) | (1.6B) | (1.6B) | |
Long Term Debt Total | 3.3B | 3.5B | 5.7B | 7.2B | 8.3B | 8.7B | |
Capital Surpluse | 5.2B | 7.1B | 8.2B | 9.5B | 11.0B | 11.5B |
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When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' 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 Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. 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 detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Single-Family Residential REITs 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 Sun Communities. If investors know Sun 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 Sun Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.391 | Dividend Share 3.75 | Earnings Share 1.86 | Revenue Per Share 25.753 | Quarterly Revenue Growth (0.03) |
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' 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 Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' 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 Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' 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.