Sunrise Total Assets vs Net Debt Analysis

EPOW Stock  USD 1.06  0.33  45.21%   
Sunrise New financial indicator trend analysis is much more than just breaking down Sunrise New Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunrise New Energy is a good investment. Please check the relationship between Sunrise New Total Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sunrise New 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 persons.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunrise New Energy Total Assets account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunrise New's Total Assets and Net Debt is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sunrise New Energy, assuming nothing else is changed. The correlation between historical values of Sunrise New's Total Assets and Net 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 Sunrise New Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Sunrise New's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Sunrise New 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 Sunrise New 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Sunrise New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunrise New 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sunrise New 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 persons.
Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.3M27.1K31.2K29.6K
Depreciation And Amortization1.1M2.3M4.3M4.5M

Sunrise New fundamental ratios Correlations

0.890.890.260.95-0.740.85-0.560.9-0.470.990.66-0.10.720.470.950.780.850.90.880.9-0.150.810.910.610.73
0.890.94-0.070.94-0.620.9-0.70.95-0.560.920.33-0.310.530.240.850.570.610.940.660.96-0.250.550.670.310.4
0.890.94-0.180.98-0.460.98-0.821.0-0.730.950.29-0.460.510.480.830.510.61.00.580.990.020.530.710.30.36
0.26-0.07-0.18-0.05-0.71-0.280.6-0.150.650.110.660.860.62-0.020.170.370.5-0.170.64-0.16-0.480.650.50.690.83
0.950.940.98-0.05-0.540.97-0.780.98-0.690.990.46-0.370.550.50.920.670.720.990.70.980.00.630.780.410.49
-0.74-0.62-0.46-0.71-0.54-0.34-0.08-0.49-0.18-0.64-0.59-0.43-0.89-0.09-0.64-0.57-0.67-0.47-0.9-0.480.7-0.85-0.78-0.58-0.84
0.850.90.98-0.280.97-0.34-0.890.98-0.830.920.28-0.580.40.540.840.540.570.990.520.970.150.460.640.240.28
-0.56-0.7-0.820.6-0.78-0.08-0.89-0.810.91-0.68-0.070.720.04-0.44-0.59-0.33-0.36-0.82-0.15-0.82-0.47-0.08-0.29-0.080.09
0.90.951.0-0.150.98-0.490.98-0.81-0.710.950.3-0.430.520.470.840.520.621.00.61.0-0.010.550.710.330.38
-0.47-0.56-0.730.65-0.69-0.18-0.830.91-0.71-0.59-0.020.890.04-0.61-0.57-0.33-0.21-0.73-0.08-0.69-0.52-0.04-0.210.140.17
0.990.920.950.110.99-0.640.92-0.680.95-0.590.57-0.230.640.510.950.730.80.950.80.95-0.050.730.860.540.62
0.660.330.290.660.46-0.590.28-0.070.3-0.020.570.370.450.340.710.870.850.320.820.31-0.020.680.670.830.85
-0.1-0.31-0.460.86-0.37-0.43-0.580.72-0.430.89-0.230.370.27-0.38-0.230.00.22-0.450.28-0.41-0.440.290.150.570.53
0.720.530.510.620.55-0.890.40.040.520.040.640.450.270.350.590.460.610.510.840.5-0.520.920.860.470.79
0.470.240.48-0.020.5-0.090.54-0.440.47-0.610.510.34-0.380.350.480.330.430.490.320.410.50.40.440.280.33
0.950.850.830.170.92-0.640.84-0.590.84-0.570.950.71-0.230.590.480.890.810.850.850.84-0.080.720.80.50.63
0.780.570.510.370.67-0.570.54-0.330.52-0.330.730.870.00.460.330.890.820.540.840.54-0.050.690.680.570.66
0.850.610.60.50.72-0.670.57-0.360.62-0.210.80.850.220.610.430.810.820.620.890.620.030.840.810.870.81
0.90.941.0-0.170.99-0.470.99-0.821.0-0.730.950.32-0.450.510.490.850.540.620.61.00.020.550.720.310.38
0.880.660.580.640.7-0.90.52-0.150.6-0.080.80.820.280.840.320.850.840.890.60.6-0.360.940.90.720.9
0.90.960.99-0.160.98-0.480.97-0.821.0-0.690.950.31-0.410.50.410.840.540.621.00.6-0.010.540.720.330.38
-0.15-0.250.02-0.480.00.70.15-0.47-0.01-0.52-0.05-0.02-0.44-0.520.5-0.08-0.050.030.02-0.36-0.01-0.31-0.210.03-0.31
0.810.550.530.650.63-0.850.46-0.080.55-0.040.730.680.290.920.40.720.690.840.550.940.54-0.310.920.670.87
0.910.670.710.50.78-0.780.64-0.290.71-0.210.860.670.150.860.440.80.680.810.720.90.72-0.210.920.680.86
0.610.310.30.690.41-0.580.24-0.080.330.140.540.830.570.470.280.50.570.870.310.720.330.030.670.680.86
0.730.40.360.830.49-0.840.280.090.380.170.620.850.530.790.330.630.660.810.380.90.38-0.310.870.860.86
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Sunrise New Account Relationship Matchups

Sunrise New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0M39.7M58.7M107.0M120.5M126.5M
Other Current Liab3.2M529.2K330.9K5.0M9.4M9.9M
Total Current Liabilities6.9M5.6M1.7M26.0M63.5M66.7M
Total Stockholder Equity19.8M34.0M53.9M28.7M2.6M2.5M
Property Plant And Equipment Net1.8M3.5M4.9M45.3M71.5M75.1M
Current Deferred Revenue583.5K250.3K179.4K694.7K690.2K1.1M
Net Debt(9.1M)(10.9M)(13.8M)8.1M26.4M27.7M
Retained Earnings14.4M25.7M17.3M(6.2M)(30.5M)(28.9M)
Accounts Payable2.8M33.7K34.5K12.3M33.9M35.6M
Cash9.4M11.0M13.9M4.3M1.4M1.3M
Non Current Assets Total7.8M12.1M24.4M62.4M84.7M88.9M
Non Currrent Assets Other409.7K593.6K7.0M10.1M1.5M3.0M
Cash And Short Term Investments9.4M11.0M20.5M7.6M3.6M3.4M
Net Receivables5.9M12.6M8.1M6.0M10.4M7.0M
Liabilities And Stockholders Equity27.0M39.7M58.7M107.0M120.5M126.5M
Inventory3.3M2.7M3.1M21.2M15.8M16.6M
Other Current Assets480.3K1.3M3.3M15.3M6.0M4.3M
Other Stockholder Equity4.3M4.5M32.0M33.8M32.6M18.1M
Total Liab7.0M5.6M1.7M33.7M75.2M78.9M
Total Current Assets19.2M27.7M34.3M44.6M35.8M28.7M
Accumulated Other Comprehensive Income1.0M3.9M4.6M1.1M488.9K464.4K
Short Term Debt263.8K63.3K99.6K7.6M19.0M19.9M
Non Current Liabilities Total104.8K3.2K313.5K7.6M11.7M12.3M
Net Invested Capital19.8M34.0M53.9M42.8M25.5M34.2M
Long Term Investments582.1K3.1M5.4M3.0M1.9M2.6M
Net Working Capital12.7M22.7M32.6M18.6M(27.7M)(26.3M)

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