Sunflag Reconciled Depreciation vs Total Operating Expenses Analysis

SUNFLAG Stock   202.99  2.88  1.44%   
Sunflag Iron financial indicator trend analysis is much more than just breaking down Sunflag Iron And prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunflag Iron And is a good investment. Please check the relationship between Sunflag Iron Reconciled Depreciation and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunflag Iron And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Reconciled Depreciation vs Total Operating Expenses

Reconciled Depreciation vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunflag Iron And Reconciled Depreciation account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sunflag Iron's Reconciled Depreciation and Total Operating Expenses is 0.27. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Sunflag Iron And, assuming nothing else is changed. The correlation between historical values of Sunflag Iron's Reconciled Depreciation and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Sunflag Iron And are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Sunflag Iron's Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Sunflag Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunflag Iron And 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 Sunflag Iron And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 271.7 M. The current Tax Provision is estimated to decrease to about 378.2 M
 2021 2022 2023 2024 (projected)
Interest Expense335.5M811M967.1M1.0B
Depreciation And Amortization764.3M807.7M1.0B569.7M

Sunflag Iron fundamental ratios Correlations

0.71-0.020.661.00.680.630.711.00.090.850.550.760.740.670.18-0.380.740.710.710.740.97-0.170.370.730.99
0.71-0.070.930.680.790.950.340.690.050.470.530.510.840.830.17-0.140.950.880.450.910.670.040.570.680.7
-0.02-0.07-0.15-0.03-0.08-0.150.140.010.250.150.01-0.280.29-0.16-0.410.590.06-0.17-0.28-0.13-0.19-0.2-0.06-0.14-0.04
0.660.93-0.150.630.840.880.260.62-0.050.40.60.650.760.930.27-0.340.940.960.60.930.660.150.520.740.66
1.00.68-0.030.630.650.580.731.00.090.860.540.780.710.640.19-0.410.710.690.730.710.98-0.190.360.730.99
0.680.79-0.080.840.650.80.120.64-0.130.380.60.630.840.940.41-0.430.90.920.520.940.680.370.150.950.73
0.630.95-0.150.880.580.80.10.59-0.060.280.440.390.770.860.29-0.170.890.860.280.920.590.270.40.660.65
0.710.340.140.260.730.120.10.750.30.880.340.540.350.1-0.25-0.070.320.20.610.190.69-0.720.530.20.62
1.00.690.010.621.00.640.590.750.10.870.530.740.730.620.14-0.350.720.670.70.710.97-0.210.370.710.98
0.090.050.25-0.050.09-0.13-0.060.30.10.39-0.14-0.080.09-0.10.030.210.02-0.05-0.02-0.050.04-0.20.12-0.230.07
0.850.470.150.40.860.380.280.880.870.390.480.590.580.33-0.08-0.180.520.40.630.450.8-0.450.280.440.81
0.550.530.010.60.540.60.440.340.53-0.140.480.510.520.62-0.27-0.320.60.60.490.640.54-0.060.230.580.57
0.760.51-0.280.650.780.630.390.540.74-0.080.590.510.460.670.41-0.750.590.730.950.60.84-0.110.420.780.76
0.740.840.290.760.710.840.770.350.730.090.580.520.460.750.11-0.020.930.770.380.860.640.120.230.770.75
0.670.83-0.160.930.640.940.860.10.62-0.10.330.620.670.750.45-0.50.90.990.570.950.680.350.290.870.71
0.180.17-0.410.270.190.410.29-0.250.140.03-0.08-0.270.410.110.45-0.530.210.450.280.30.290.45-0.110.460.24
-0.38-0.140.59-0.34-0.41-0.43-0.17-0.07-0.350.21-0.18-0.32-0.75-0.02-0.5-0.53-0.2-0.48-0.73-0.37-0.52-0.21-0.09-0.59-0.45
0.740.950.060.940.710.90.890.320.720.020.520.60.590.930.90.21-0.20.930.530.950.690.140.410.810.75
0.710.88-0.170.960.690.920.860.20.67-0.050.40.60.730.770.990.45-0.480.930.630.950.720.270.370.870.74
0.710.45-0.280.60.730.520.280.610.7-0.020.630.490.950.380.570.28-0.730.530.630.520.78-0.160.440.660.69
0.740.91-0.130.930.710.940.920.190.71-0.050.450.640.60.860.950.3-0.370.950.950.520.720.320.270.860.78
0.970.67-0.190.660.980.680.590.690.970.040.80.540.840.640.680.29-0.520.690.720.780.72-0.150.380.750.96
-0.170.04-0.20.15-0.190.370.27-0.72-0.21-0.2-0.45-0.06-0.110.120.350.45-0.210.140.27-0.160.32-0.15-0.540.28-0.06
0.370.57-0.060.520.360.150.40.530.370.120.280.230.420.230.29-0.11-0.090.410.370.440.270.38-0.540.120.28
0.730.68-0.140.740.730.950.660.20.71-0.230.440.580.780.770.870.46-0.590.810.870.660.860.750.280.120.79
0.990.7-0.040.660.990.730.650.620.980.070.810.570.760.750.710.24-0.450.750.740.690.780.96-0.060.280.79
Click cells to compare fundamentals

Sunflag Iron Account Relationship Matchups

Sunflag Iron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.0B24.0B30.9B49.4B70.2B73.7B
Short Long Term Debt Total3.9B2.7B5.9B6.1B7.3B4.2B
Other Current Liab620.8M874.7M629.5M1.0B1.2B862.3M
Total Current Liabilities6.0B4.5B8.8B8.9B10.5B5.4B
Total Stockholder Equity13.9B15.3B17.5B33.4B51.6B54.2B
Property Plant And Equipment Net13.8B13.6B16.2B17.8B18.1B9.3B
Net Debt3.8B2.5B5.7B6.0B5.3B3.7B
Cash64.1M186.3M159.4M114.9M1.9B2.0B
Non Current Assets Total14.7B14.8B17.4B35.5B55.0B57.8B
Non Currrent Assets Other(13.9B)1.0B381.3M384.2M282.3M296.4M
Cash And Short Term Investments64.3M741.1M159.4M1.2B1.9B2.0B
Net Receivables2.2B2.1B2.8B3.2B3.5B2.4B
Liabilities And Stockholders Equity24.0B24.0B30.9B49.4B70.2B73.7B
Non Current Liabilities Total4.1B4.2B4.6B7.1B8.1B4.1B
Inventory5.6B5.4B8.4B8.7B8.3B4.8B
Other Current Assets1.5B3.0B2.2B2.0B1.5B1.3B
Total Liab10.1B8.6B13.4B16.0B18.6B9.5B
Total Current Assets9.3B9.2B13.4B13.9B15.2B8.9B
Accumulated Other Comprehensive Income(9.0B)84.6M75.2M13.3B24.7B25.9B
Accounts Payable3.1B2.7B4.6B5.6B5.3B3.0B
Retained Earnings8.0B9.6B11.9B14.2B24.8B26.0B
Current Deferred Revenue751.5M872.1M867.5M1.1B191.1M181.5M
Short Term Debt2.1B773.5M3.4B1.7B4.1B2.7B
Other Liab2.5B2.3B2.1B2.7B3.1B1.7B
Net Tangible Assets13.9B15.3B17.5B33.4B38.4B40.4B
Other Assets764M1.0B381.3M253.7M291.8M454.2M
Long Term Debt1.2B1.3B1.9B3.8B2.6B1.7B
Short Long Term Debt2.0B314.6M3.3B1.7B4.1B2.6B
Property Plant Equipment13.8B13.6B16.2B17.8B20.5B10.9B
Long Term Debt Total1.8B1.9B2.5B4.4B5.0B5.3B
Non Current Liabilities Other33.3M17.3M6M1.2M1.1M1.0M
Net Invested Capital17.1B17.0B22.8B38.9B58.3B61.3B
Net Working Capital3.4B4.7B4.7B5.0B4.7B4.6B

Also Currently Popular

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.

Other Information on Investing in Sunflag Stock

Balance Sheet is a snapshot of the financial position of Sunflag Iron And at a specified time, usually calculated after every quarter, six months, or one year. Sunflag Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunflag Iron and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sunflag currently owns. An asset can also be divided into two categories, current and non-current.