Suncast Total Assets vs Short Long Term Debt 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 Total Assets and its Short Long Term Debt 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.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncast Solar Energy Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Suncast Solar's Total Assets and Short Long Term Debt is -0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt 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 Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Suncast Solar Energy are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Suncast Solar's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Suncast Solar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Suncast Solar Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Profit1.6M1.2M1.1M1.3M
Total Revenue2.9M2.2M2.0M2.2M

Suncast Solar fundamental ratios Correlations

-0.971.0-0.97-0.97-0.550.961.0-0.630.99-0.981.0-0.960.99-0.96-0.81.0
-0.97-0.980.890.890.61-0.86-0.960.65-0.940.9-0.980.9-0.950.90.82-0.97
1.0-0.98-0.97-0.97-0.630.930.99-0.690.97-0.971.0-0.940.98-0.94-0.761.0
-0.970.89-0.971.00.53-0.99-0.980.64-0.971.0-0.970.95-0.970.950.69-0.97
-0.970.89-0.971.00.53-0.99-0.980.64-0.971.0-0.970.95-0.970.950.69-0.97
-0.550.61-0.630.530.53-0.4-0.530.99-0.430.59-0.620.32-0.460.320.05-0.6
0.96-0.860.93-0.99-0.99-0.40.97-0.510.98-0.980.93-0.980.97-0.98-0.740.94
1.0-0.960.99-0.98-0.98-0.530.97-0.610.99-0.980.99-0.971.0-0.97-0.81.0
-0.630.65-0.690.640.640.99-0.51-0.61-0.520.69-0.690.42-0.550.420.09-0.67
0.99-0.940.97-0.97-0.97-0.430.980.99-0.52-0.960.97-0.991.0-0.99-0.840.98
-0.980.9-0.971.01.00.59-0.98-0.980.69-0.96-0.970.94-0.970.940.67-0.98
1.0-0.981.0-0.97-0.97-0.620.930.99-0.690.97-0.97-0.940.98-0.94-0.761.0
-0.960.9-0.940.950.950.32-0.98-0.970.42-0.990.94-0.94-0.991.00.87-0.95
0.99-0.950.98-0.97-0.97-0.460.971.0-0.551.0-0.970.98-0.99-0.99-0.840.99
-0.960.9-0.940.950.950.32-0.98-0.970.42-0.990.94-0.941.0-0.990.87-0.95
-0.80.82-0.760.690.690.05-0.74-0.80.09-0.840.67-0.760.87-0.840.87-0.77
1.0-0.971.0-0.97-0.97-0.60.941.0-0.670.98-0.981.0-0.950.99-0.95-0.77
Click cells to compare fundamentals

Suncast Solar Account Relationship Matchups

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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.
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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.