Sunnova Begin Period Cash Flow vs Sale Purchase Of Stock Analysis
NOVA Stock | USD 3.70 0.33 9.79% |
Sunnova Energy financial indicator trend analysis is much more than just breaking down Sunnova Energy Inter prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunnova Energy Inter is a good investment. Please check the relationship between Sunnova Energy Begin Period Cash Flow and its Sale Purchase Of Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Begin Period Cash Flow vs Sale Purchase Of Stock
Begin Period Cash Flow vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunnova Energy Inter Begin Period Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Sunnova Energy's Begin Period Cash Flow and Sale Purchase Of Stock is -0.72. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Sunnova Energy International, assuming nothing else is changed. The correlation between historical values of Sunnova Energy's Begin Period Cash Flow and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Sunnova Energy International are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Begin Period Cash Flow i.e., Sunnova Energy's Begin Period Cash Flow and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Sale Purchase Of Stock
Most indicators from Sunnova Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunnova Energy Inter 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, Sunnova Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 93 M, whereas Tax Provision is projected to grow to (971.9 K).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 107.0M | 136.6M | 181.8M | 95.8M | Interest Income | 34.2M | 59.8M | 115.9M | 121.7M |
Sunnova Energy fundamental ratios Correlations
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Sunnova Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sunnova Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 3.6B | 5.5B | 8.3B | 11.3B | 11.9B | |
Short Long Term Debt Total | 1.4B | 2.0B | 3.3B | 5.4B | 7.5B | 7.9B | |
Other Current Liab | 59.3M | 55.1M | 108.9M | 178.0M | 201.0M | 211.0M | |
Total Current Liabilities | 195.0M | 210.9M | 310.9M | 541.9M | 1.1B | 1.2B | |
Total Stockholder Equity | 645.9M | 951.7M | 1.2B | 1.3B | 1.5B | 1.0B | |
Other Liab | 90.9M | 148.0M | 436.0M | 696.0M | 800.4M | 840.5M | |
Net Tangible Assets | 645.9M | 951.7M | 985.8M | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Net | 1.7B | 2.3B | 2.9B | 3.8B | 5.6B | 3.0B | |
Current Deferred Revenue | 2.1M | 3.8M | 15.3M | 30.2M | 50.8M | 53.4M | |
Net Debt | 1.4B | 1.8B | 3.0B | 5.0B | 7.3B | 7.7B | |
Retained Earnings | (361.8M) | (531.0M) | (459.7M) | (364.8M) | (228.6M) | (240.0M) | |
Accounts Payable | 36.2M | 39.9M | 55.0M | 116.1M | 355.8M | 373.6M | |
Cash | 83.5M | 209.9M | 243.1M | 360.3M | 212.8M | 191.5M | |
Non Current Assets Total | 2.2B | 3.1B | 4.9B | 7.4B | 10.4B | 10.9B | |
Non Currrent Assets Other | 467.7M | 807.8M | 1.8B | 3.4B | 559.2M | 531.2M | |
Other Assets | 484.6M | 807.8M | 1.8B | 3.3B | 3.8B | 4.0B | |
Long Term Debt | 1.3B | 1.9B | 3.1B | 5.2B | 7.0B | 7.4B | |
Cash And Short Term Investments | 83.5M | 209.9M | 243.1M | 360.3M | 212.8M | 191.5M | |
Net Receivables | 16.8M | 34.3M | 144.0M | 366.2M | 485.7M | 510.0M | |
Common Stock Shares Outstanding | 40.8M | 87.9M | 110.9M | 114.5M | 118.3M | 100.3M | |
Liabilities And Stockholders Equity | 2.5B | 3.6B | 5.5B | 8.3B | 11.3B | 11.9B | |
Non Current Liabilities Total | 1.5B | 2.1B | 3.6B | 5.9B | 8.1B | 8.5B | |
Inventory | 43.7M | 102.6M | 128.0M | 152.1M | 148.6M | 92.1M | |
Other Current Assets | 174.0M | 109.9M | 100.7M | 69.8M | 89.1M | 91.6M | |
Other Stockholder Equity | 1.0B | 1.5B | 1.6B | 1.6B | 1.8B | 1.4B | |
Total Liab | 1.7B | 2.3B | 3.9B | 6.4B | 9.2B | 9.7B | |
Net Invested Capital | 2.1B | 3.0B | 4.5B | 6.7B | 9.0B | 9.5B | |
Property Plant And Equipment Gross | 1.7B | 2.3B | 3.2B | 4.2B | 6.2B | 3.2B | |
Short Long Term Debt | 97.5M | 110.9M | 129.8M | 214.4M | 483.5M | 507.7M | |
Total Current Assets | 274.3M | 456.7M | 615.7M | 948.4M | 936.2M | 534.6M | |
Non Current Liabilities Other | 127.4M | 171.4M | 436.0M | 712.7M | 1.1B | 1.1B | |
Net Working Capital | 79.3M | 245.8M | 304.8M | 406.4M | (159.0M) | (151.1M) | |
Short Term Debt | 97.5M | 112.1M | 131.6M | 217.7M | 487.7M | 512.1M | |
Property Plant Equipment | 1.7B | 2.3B | 2.9B | 3.7B | 4.3B | 2.4B |
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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.When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.38) | Revenue Per Share 6.552 | Quarterly Revenue Growth 0.186 | Return On Assets (0.01) | Return On Equity (0.23) |
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.