Suncast Other Current Liab vs Retained Earnings Analysis
| SUNC Stock | USD 0.0001 0.00 0.00% |
Suncast Solar financial indicator trend analysis is much more than just breaking down Suncast Solar Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncast Solar Energy is a good investment. Please check the relationship between Suncast Solar Other Current Liab and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncast Solar 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 board of governors.
Other Current Liab vs Retained Earnings
Other Current Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncast Solar Energy Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suncast Solar's Other Current Liab and Retained Earnings is 0.61. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Suncast Solar Energy, assuming nothing else is changed. The correlation between historical values of Suncast Solar's Other Current Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Suncast Solar Energy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Suncast Solar's Other Current Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Current Liab
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Suncast Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suncast Solar 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 Suncast Solar 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 board of governors. As of November 30, 2024, Selling General Administrative is expected to decline to about 2 M
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 1.6M | 1.2M | 1.1M | 1.3M | Total Revenue | 2.9M | 2.2M | 2.0M | 2.2M |
Suncast Solar fundamental ratios Correlations
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Suncast Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Suncast Solar Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suncast Solar'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 Suncast Solar Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suncast Solar Energy Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncast Solar 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 board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Environmental & Facilities Services 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 Suncast Solar. If investors know Suncast 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 Suncast Solar 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 (0.94) | Revenue Per Share 0.035 | Quarterly Revenue Growth (0.29) | Return On Assets (0.70) |
The market value of Suncast Solar Energy is measured differently than its book value, which is the value of Suncast that is recorded on the company's balance sheet. Investors also form their own opinion of Suncast Solar's value that differs from its market value or its book value, called intrinsic value, which is Suncast Solar'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 Suncast Solar's market value can be influenced by many factors that don't directly affect Suncast Solar'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 Suncast Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncast Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncast Solar'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.