Great Retained Earnings vs Intangible Assets Analysis

603336 Stock   5.09  0.01  0.20%   
Great Sun financial indicator trend analysis is much more than just examining Great Sun Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Sun Foods is a good investment. Please check the relationship between Great Sun Retained Earnings and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Sun Foods 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 nation.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Sun Foods Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Great Sun's Retained Earnings and Intangible Assets is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Great Sun Foods Co, assuming nothing else is changed. The correlation between historical values of Great Sun's Retained Earnings and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Great Sun Foods Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Great Sun's Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Great Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Sun Foods 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 Great Sun Foods 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 nation.
As of December 4, 2024, Selling General Administrative is expected to decline to about 9.3 M. The current year's Tax Provision is expected to grow to about (981.5 K)
 2021 2022 2023 2024 (projected)
Operating Income72.0M60.1M40.7M68.0M
Total Revenue974.3M1.1B1.1B813.5M

Great Sun fundamental ratios Correlations

0.550.720.960.9-0.050.830.860.660.960.90.80.960.870.87-0.070.770.930.950.55-0.810.90.840.930.930.83
0.550.150.550.56-0.470.50.230.280.550.650.260.630.320.34-0.030.410.370.520.91-0.390.50.380.40.350.15
0.720.150.580.520.440.830.910.480.630.670.980.740.90.92-0.30.460.830.840.23-0.70.790.860.770.880.85
0.960.550.580.96-0.190.730.810.70.980.850.670.880.80.790.050.850.840.860.51-0.810.790.740.880.820.71
0.90.560.520.96-0.320.640.750.780.970.780.580.80.710.710.110.910.720.760.45-0.810.650.610.840.710.56
-0.05-0.470.44-0.19-0.320.20.28-0.2-0.19-0.040.39-0.030.280.27-0.31-0.150.220.12-0.290.060.180.310.00.230.41
0.830.50.830.730.640.20.840.470.730.840.910.910.920.94-0.150.520.90.920.65-0.690.930.970.750.890.86
0.860.230.910.810.750.280.840.610.80.760.940.80.970.97-0.210.680.90.890.26-0.770.830.90.860.920.88
0.660.280.480.70.78-0.20.470.610.710.50.480.520.510.550.160.810.520.490.13-0.50.430.440.550.50.47
0.960.550.630.980.97-0.190.730.80.710.850.690.890.790.790.080.850.830.860.5-0.870.760.720.910.820.68
0.90.650.670.850.78-0.040.840.760.50.850.760.920.840.84-0.260.640.880.920.65-0.760.880.80.870.840.76
0.80.260.980.670.580.390.910.940.480.690.760.820.960.97-0.270.510.90.910.36-0.710.890.940.80.940.91
0.960.630.740.880.8-0.030.910.80.520.890.920.820.860.87-0.060.620.930.970.7-0.810.940.880.890.930.82
0.870.320.90.80.710.280.920.970.510.790.840.960.861.0-0.260.60.940.940.39-0.780.90.950.870.950.91
0.870.340.920.790.710.270.940.970.550.790.840.970.871.0-0.260.610.940.940.42-0.770.90.960.860.950.91
-0.07-0.03-0.30.050.11-0.31-0.15-0.210.160.08-0.26-0.27-0.06-0.26-0.260.12-0.23-0.220.04-0.07-0.21-0.17-0.16-0.19-0.25
0.770.410.460.850.91-0.150.520.680.810.850.640.510.620.60.610.120.60.60.28-0.610.530.520.660.580.51
0.930.370.830.840.720.220.90.90.520.830.880.90.930.940.94-0.230.60.970.47-0.740.960.920.890.980.96
0.950.520.840.860.760.120.920.890.490.860.920.910.970.940.94-0.220.60.970.6-0.810.960.930.920.970.88
0.550.910.230.510.45-0.290.650.260.130.50.650.360.70.390.420.040.280.470.6-0.380.630.540.380.450.3
-0.81-0.39-0.7-0.81-0.810.06-0.69-0.77-0.5-0.87-0.76-0.71-0.81-0.78-0.77-0.07-0.61-0.74-0.81-0.38-0.64-0.66-0.93-0.76-0.61
0.90.50.790.790.650.180.930.830.430.760.880.890.940.90.9-0.210.530.960.960.63-0.640.950.80.960.91
0.840.380.860.740.610.310.970.90.440.720.80.940.880.950.96-0.170.520.920.930.54-0.660.950.750.940.91
0.930.40.770.880.840.00.750.860.550.910.870.80.890.870.86-0.160.660.890.920.38-0.930.80.750.890.77
0.930.350.880.820.710.230.890.920.50.820.840.940.930.950.95-0.190.580.980.970.45-0.760.960.940.890.94
0.830.150.850.710.560.410.860.880.470.680.760.910.820.910.91-0.250.510.960.880.3-0.610.910.910.770.94
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Great Sun Account Relationship Matchups

Great Sun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.6B1.8B1.8B1.1B
Other Current Liab14.4M21.4M26.7M20.3M61.3K58.2K
Total Current Liabilities202.7M240.1M293.1M411.9M461.5M484.5M
Total Stockholder Equity873.4M1.1B1.1B1.1B1.1B776.8M
Retained Earnings450.9M431.7M456.7M471.7M434.2M345.4M
Accounts Payable13.8M22.4M17.6M21.4M52.1M54.7M
Other Assets13.5M41.2M37.4M29.6M34.0M35.7M
Net Receivables294.7M349.0M422.5M556.6M640.9M673.0M
Inventory320.2M357.4M361.7M392.1M378.6M266.8M
Other Current Assets42.7M54.9M97.8M61.6M68.0M41.6M
Total Liab208.3M437.2M500.7M631.5M693.1M727.8M
Intangible Assets57.9M112.5M109.0M109.1M106.5M59.6M
Common Stock173.4M225.4M337.4M438.7M504.5M529.7M
Property Plant Equipment167.9M252.4M377.8M460.6M529.7M556.2M
Cash45.3M126.5M23.2M44.3M38.7M55.2M
Other Liab4.9M5.7M5.6M5.7M6.6M5.2M
Net Tangible Assets762.0M815.1M957.8M982.3M1.1B914.8M
Non Current Assets Total379.4M588.2M665.6M711.9M709.8M503.7M
Non Currrent Assets Other10.0M37.2M30.6M22.0M729.2K692.8K
Non Current Liabilities Total5.7M197.1M207.6M219.6M231.7M120.6M
Other Stockholder Equity(81.5K)(90.5K)39.8M35.2M40.5M42.5M
Deferred Long Term Liab5.8M3.9M6.7M7.3M8.4M4.7M
Total Current Assets703.4M922.3M929.2M1.1B1.1B925.4M
Net Invested Capital1.0B1.4B1.5B1.7B1.8B1.4B
Net Working Capital500.8M682.2M636.1M655.3M672.3M679.8M
Short Long Term Debt165.2M182M230.0M344.8M398.1M265.9M
Capital Stock225.4M337.4M438.7M438.7M570.4M400.4M

Currently Active Assets on Macroaxis

Other Information on Investing in Great Stock

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