Sunny Property Plant And Equipment Net vs Non Current Assets Total Analysis

0Z4I Stock   90.60  0.05  0.06%   
Sunny Optical financial indicator trend analysis is much more than just breaking down Sunny Optical Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunny Optical Technology is a good investment. Please check the relationship between Sunny Optical Property Plant And Equipment Net and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunny Optical Technology. 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.

Property Plant And Equipment Net vs Non Current Assets Total

Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunny Optical Technology Property Plant And Equipment Net account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Sunny Optical's Property Plant And Equipment Net and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Sunny Optical Technology, assuming nothing else is changed. The correlation between historical values of Sunny Optical's Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sunny Optical Technology are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., Sunny Optical's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Sunny Optical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunny Optical Technology 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 Sunny Optical Technology. 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.
Selling General Administrative is likely to gain to about 1.2 B in 2025, whereas Tax Provision is likely to drop slightly above 473.3 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense292.9M449.1M516.5M542.3M
Depreciation And Amortization1.9B2.1B2.4B2.5B

Sunny Optical fundamental ratios Correlations

0.980.990.991.0-0.560.950.920.990.740.990.880.580.870.940.93-0.660.991.00.4-0.320.790.940.430.560.99
0.980.960.990.98-0.460.880.850.960.610.960.890.530.790.950.92-0.70.960.980.36-0.290.670.950.560.620.99
0.990.960.970.98-0.60.970.930.990.770.980.870.580.830.920.92-0.630.990.990.4-0.320.810.90.460.520.97
0.990.990.970.99-0.550.920.910.980.70.980.870.570.830.940.91-0.650.980.990.41-0.330.750.930.490.551.0
1.00.980.980.99-0.560.940.920.990.730.990.870.550.850.930.91-0.640.991.00.37-0.290.780.940.470.540.99
-0.56-0.46-0.6-0.55-0.56-0.71-0.83-0.63-0.91-0.66-0.18-0.21-0.5-0.31-0.290.02-0.56-0.54-0.120.06-0.91-0.270.10.2-0.54
0.950.880.970.920.94-0.710.960.970.880.950.80.560.880.860.87-0.560.970.950.38-0.290.90.820.240.420.91
0.920.850.930.910.92-0.830.960.950.930.960.660.460.830.750.74-0.440.920.910.3-0.220.960.750.220.260.9
0.990.960.990.980.99-0.630.970.950.80.990.840.540.880.910.9-0.610.990.990.36-0.290.840.910.380.50.98
0.740.610.770.70.73-0.910.880.930.80.80.450.360.780.540.55-0.240.770.730.22-0.150.990.51-0.120.050.69
0.990.960.980.980.99-0.660.950.960.990.80.790.530.840.880.86-0.580.970.980.36-0.280.850.890.410.440.98
0.880.890.870.870.87-0.180.80.660.840.450.790.660.780.960.99-0.780.890.890.49-0.420.490.930.480.810.87
0.580.530.580.570.55-0.210.560.460.540.360.530.660.470.610.66-0.230.580.590.96-0.90.390.550.290.420.54
0.870.790.830.830.85-0.50.880.830.880.780.840.780.470.830.83-0.60.90.870.3-0.230.790.840.00.530.83
0.940.950.920.940.93-0.310.860.750.910.540.880.960.610.830.97-0.740.940.950.45-0.370.590.950.460.710.94
0.930.920.920.910.91-0.290.870.740.90.550.860.990.660.830.97-0.770.940.940.49-0.410.590.940.460.760.91
-0.66-0.7-0.63-0.65-0.640.02-0.56-0.44-0.61-0.24-0.58-0.78-0.23-0.6-0.74-0.77-0.67-0.670.0-0.09-0.27-0.75-0.42-0.73-0.67
0.990.960.990.980.99-0.560.970.920.990.770.970.890.580.90.940.94-0.670.990.4-0.310.80.930.390.570.97
1.00.980.990.991.0-0.540.950.910.990.730.980.890.590.870.950.94-0.670.990.41-0.330.770.940.440.570.99
0.40.360.40.410.37-0.120.380.30.360.220.360.490.960.30.450.490.00.40.41-0.990.250.380.230.310.37
-0.32-0.29-0.32-0.33-0.290.06-0.29-0.22-0.29-0.15-0.28-0.42-0.9-0.23-0.37-0.41-0.09-0.31-0.33-0.99-0.17-0.31-0.22-0.27-0.29
0.790.670.810.750.78-0.910.90.960.840.990.850.490.390.790.590.59-0.270.80.770.25-0.170.57-0.040.080.74
0.940.950.90.930.94-0.270.820.750.910.510.890.930.550.840.950.94-0.750.930.940.38-0.310.570.530.720.94
0.430.560.460.490.470.10.240.220.38-0.120.410.480.290.00.460.46-0.420.390.440.23-0.22-0.040.530.440.5
0.560.620.520.550.540.20.420.260.50.050.440.810.420.530.710.76-0.730.570.570.31-0.270.080.720.440.56
0.990.990.971.00.99-0.540.910.90.980.690.980.870.540.830.940.91-0.670.970.990.37-0.290.740.940.50.56
Click cells to compare fundamentals

Sunny Optical Account Relationship Matchups

Sunny Optical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets35.4B38.8B43.0B50.3B57.8B60.7B
Other Current Liab3.0B3.2B3.7B3.2B3.7B3.9B
Total Current Liabilities13.4B11.9B19.3B21.3B24.5B25.7B
Total Stockholder Equity16.6B20.6B21.8B22.4B25.8B27.1B
Property Plant And Equipment Net8.0B8.8B10.7B11.4B13.1B13.8B
Net Debt3.3B603.6M(595.8M)(7.3B)(6.6B)(6.2B)
Accounts Payable7.7B6.8B9.2B17.1B19.6B20.6B
Cash2.8B5.6B7.0B13.1B15.0B15.8B
Non Current Assets Total9.2B10.0B11.6B15.2B17.4B18.3B
Non Currrent Assets Other(207.3M)(255.7M)(257.2M)8.7B10.0B10.5B
Cash And Short Term Investments11.6B15.0B18.1B21.5B24.7B26.0B
Net Receivables7.5B6.6B6.9B6.8B7.8B8.2B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.3B1.1B
Liabilities And Stockholders Equity35.4B38.8B43.0B50.3B57.8B60.7B
Non Current Liabilities Total3.9B4.5B30M6.1B7.0B7.4B
Inventory5.8B5.5B4.7B5.1B5.9B6.2B
Other Current Assets8.2B7.5B7.8B8.5B9.8B10.3B
Other Stockholder Equity(58.0M)(103.6M)257.4M255.7M230.2M218.7M
Total Liab18.6B17.9B20.8B27.4B31.5B33.1B
Total Current Assets25.6B28.0B30.6B35.1B40.4B42.4B
Short Term Investments287.7M1.1B975.2M8.4B9.7B10.2B
Short Long Term Debt Total6.1B6.2B6.4B5.8B6.6B7.0B
Accumulated Other Comprehensive Income(58.0M)(103.6M)(233.9M)(258.7M)(297.6M)(312.4M)
Short Term Debt2.1B1.6B6.2B734.9M845.1M1.2B
Intangible Assets363.1M306.9M250.7M194.5M223.7M164.5M
Retained Earnings16.6B20.6B22.0B22.1B25.4B26.6B
Other Assets516.7M607.3M767.6M782.6M900.0M536.0M
Current Deferred Revenue(2.1B)(1.6B)(6.2B)(24.3M)(21.9M)(23.0M)
Property Plant Equipment7.0B8.0B8.8B10.7B12.3B6.8B
Other Liab1.1B1.2B1.4B1.3B1.5B1.1B
Net Tangible Assets12.1B16.2B20.3B21.6B24.8B15.8B

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