Sunwave Total Current Liabilities vs Non Currrent Assets Other Analysis

002115 Stock   6.72  0.07  1.05%   
Sunwave Communications financial indicator trend analysis is much more than just breaking down Sunwave Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunwave Communications is a good investment. Please check the relationship between Sunwave Communications Total Current Liabilities and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunwave Communications Co. 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 Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunwave Communications Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Sunwave Communications' Total Current Liabilities and Non Currrent Assets Other is 0.02. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Sunwave Communications Co, assuming nothing else is changed. The correlation between historical values of Sunwave Communications' Total Current Liabilities and Non Currrent Assets Other 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 Current Liabilities of Sunwave Communications Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Sunwave Communications' Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Sunwave Communications balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sunwave Communications Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Sunwave Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunwave Communications 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunwave Communications Co. 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 29, 2024, Selling General Administrative is expected to decline to about 173.5 M. In addition to that, Tax Provision is expected to decline to about 33.1 M
 2021 2022 2023 2024 (projected)
Operating Income182.1M171.0M165.9M94.5M
Total Revenue10.3B10.3B12.5B13.1B

Sunwave Communications fundamental ratios Correlations

0.750.970.980.890.150.820.830.670.160.84-0.030.730.970.750.730.70.010.560.540.560.90.760.85-0.060.75
0.750.80.670.620.320.630.550.550.160.46-0.050.640.80.260.330.77-0.190.030.120.560.590.410.740.380.76
0.970.80.930.810.00.860.830.530.020.80.020.710.960.710.760.690.030.550.540.430.890.80.810.020.7
0.980.670.930.840.140.770.830.70.040.86-0.060.760.90.770.70.58-0.060.650.570.580.870.790.84-0.160.73
0.890.620.810.840.30.720.720.660.410.70.050.60.890.630.630.690.090.390.490.60.810.570.720.040.65
0.150.320.00.140.3-0.13-0.090.540.49-0.050.080.00.13-0.27-0.360.25-0.07-0.51-0.520.65-0.1-0.420.320.320.46
0.820.630.860.770.72-0.130.870.190.10.840.240.540.860.690.70.550.170.550.60.050.720.740.46-0.150.36
0.830.550.830.830.72-0.090.870.34-0.050.840.080.580.780.730.650.37-0.120.690.790.20.750.830.5-0.450.4
0.670.550.530.70.660.540.190.340.270.41-0.240.710.580.380.260.54-0.270.150.150.950.550.310.820.140.83
0.160.160.020.040.410.490.1-0.050.27-0.01-0.04-0.030.290.040.020.610.2-0.38-0.170.310.09-0.240.170.230.24
0.840.460.80.860.7-0.050.840.840.41-0.010.250.630.770.770.620.370.220.710.630.230.660.740.49-0.320.35
-0.03-0.050.02-0.060.050.080.240.08-0.24-0.040.25-0.180.01-0.04-0.05-0.180.72-0.14-0.18-0.33-0.27-0.19-0.320.1-0.31
0.730.640.710.760.60.00.540.580.71-0.030.63-0.180.670.550.460.51-0.270.50.50.570.650.660.650.050.58
0.970.80.960.90.890.130.860.780.580.290.770.010.670.690.730.820.080.430.480.490.880.70.810.070.73
0.750.260.710.770.63-0.270.690.730.380.040.77-0.040.550.690.920.40.070.770.710.170.810.870.57-0.470.45
0.730.330.760.70.63-0.360.70.650.260.020.62-0.050.460.730.920.490.150.680.640.10.870.860.59-0.250.47
0.70.770.690.580.690.250.550.370.540.610.37-0.180.510.820.40.490.05-0.020.130.550.640.330.730.410.74
0.01-0.190.03-0.060.09-0.070.17-0.12-0.270.20.220.72-0.270.080.070.150.05-0.04-0.21-0.33-0.12-0.18-0.210.22-0.3
0.560.030.550.650.39-0.510.550.690.15-0.380.71-0.140.50.430.770.68-0.02-0.040.83-0.030.650.860.29-0.620.09
0.540.120.540.570.49-0.520.60.790.15-0.170.63-0.180.50.480.710.640.13-0.210.830.010.650.830.24-0.590.09
0.560.560.430.580.60.650.050.20.950.310.23-0.330.570.490.170.10.55-0.33-0.030.010.440.140.780.290.81
0.90.590.890.870.81-0.10.720.750.550.090.66-0.270.650.880.810.870.64-0.120.650.650.440.860.83-0.130.72
0.760.410.80.790.57-0.420.740.830.31-0.240.74-0.190.660.70.870.860.33-0.180.860.830.140.860.56-0.450.42
0.850.740.810.840.720.320.460.50.820.170.49-0.320.650.810.570.590.73-0.210.290.240.780.830.560.160.97
-0.060.380.02-0.160.040.32-0.15-0.450.140.23-0.320.10.050.07-0.47-0.250.410.22-0.62-0.590.29-0.13-0.450.160.23
0.750.760.70.730.650.460.360.40.830.240.35-0.310.580.730.450.470.74-0.30.090.090.810.720.420.970.23
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Sunwave Communications Account Relationship Matchups

Sunwave Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.7B4.4B4.6B4.4B2.6B
Other Current Liab367.2M601.1M450.3M506.8M60.5M57.5M
Total Current Liabilities1.5B1.7B1.9B2.0B1.7B1.0B
Total Stockholder Equity2.5B2.5B2.3B2.4B2.4B1.3B
Other Liab51.6M43.1M40.8M38.7M44.6M28.7M
Retained Earnings565.2M549.4M(154.8M)(15.2M)(31.8M)(30.2M)
Accounts Payable456.7M831.2M908.3M882.2M757.4M490.6M
Cash837.9M1.0B1.2B1.0B806.8M526.5M
Other Assets415.0M236.7M131.0M89.3M102.7M110.4M
Long Term Debt467.7M321.5M93.6M55.2M185.3M227.9M
Net Receivables767.2M778.0M925.3M982.6M890.5M535.8M
Inventory250.4M295.2M353.2M433.1M372.1M383.2M
Other Current Assets183.8M223.7M309.0M270.2M134.6M106.5M
Total Liab2.0B2.1B2.1B2.1B1.9B1.3B
Common Stock719.2M717.0M818.7M811.0M932.6M979.3M
Property Plant Equipment572.4M588.3M762.8M900.9M1.0B1.1B
Intangible Assets116.1M100.3M92.5M80.2M62.3M64.4M
Short Term Investments104.0M20.2M67.9M182.7M255.4M142.6M
Net Tangible Assets1.3B1.3B1.9B2.0B2.3B1.3B
Other Stockholder Equity10.2M6.7M24.0M12.5M14.4M9.6M
Deferred Long Term Liab371.7M164.7M52.3M9.4M10.8M10.3M
Total Current Assets2.1B2.4B2.9B3.0B2.6B2.5B
Non Current Assets Total2.5B2.3B1.5B1.6B1.8B1.5B
Non Currrent Assets Other2.5B8.5M3.3M30.6M27.5M26.2M
Non Current Liabilities Total510.3M370.5M156.8M125.3M241.9M282.5M
Short Long Term Debt415.4M65.2M205.2M424.3M327.3M270.7M
Non Current Liabilities Other7.2M5.8M7.2M12.7M6.0M8.7M
Common Stock Shares Outstanding719.2M717.0M818.7M811.0M932.6M826.4M
Net Invested Capital3.4B2.9B2.6B2.9B2.9B3.1B
Net Working Capital623.6M673.0M983.7M985.6M928.8M699.1M
Capital Stock719.2M717.0M818.7M811.0M932.6M812.2M

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Other Information on Investing in Sunwave Stock

Balance Sheet is a snapshot of the financial position of Sunwave Communications at a specified time, usually calculated after every quarter, six months, or one year. Sunwave Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunwave Communications 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 Sunwave currently owns. An asset can also be divided into two categories, current and non-current.