Sunnova Change In Cash vs Begin Period Cash Flow Analysis

NOVA Stock  USD 4.51  0.05  1.12%   
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 Change In Cash and its Begin Period Cash Flow 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.

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunnova Energy Inter Change In Cash account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sunnova Energy's Change In Cash and Begin Period Cash Flow is -0.55. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Begin Period Cash Flow 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 Change In Cash and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Sunnova Energy International are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Cash i.e., Sunnova Energy's Change In Cash and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change In Cash

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.
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 (1.1 M).
 2022 2023 2024 2025 (projected)
Depreciation And Amortization136.6M181.8M209.1M219.5M
Interest Income59.8M115.9M133.3M139.9M

Sunnova Energy fundamental ratios Correlations

1.00.990.980.890.980.881.00.921.00.080.960.771.00.50.991.00.770.99-0.780.740.721.00.740.860.55
1.00.990.980.880.980.871.00.941.00.120.970.751.00.480.981.00.751.0-0.760.740.71.00.720.840.53
0.990.990.950.910.990.920.980.880.990.00.920.820.990.590.990.990.820.98-0.830.720.780.990.790.890.61
0.980.980.950.810.930.790.980.960.990.261.00.620.980.320.940.980.620.98-0.670.70.610.980.630.750.47
0.890.880.910.810.90.920.880.720.87-0.220.780.890.880.590.90.880.890.86-0.870.790.910.880.910.980.67
0.980.980.990.930.90.890.970.890.980.020.90.840.980.631.00.980.840.98-0.790.780.740.980.750.890.53
0.880.870.920.790.920.890.880.640.86-0.370.750.890.880.660.90.870.890.83-0.970.590.920.870.920.950.82
1.01.00.980.980.880.970.880.921.00.090.970.741.00.440.971.00.740.98-0.770.720.721.00.740.840.57
0.920.940.880.960.720.890.640.920.940.430.960.530.930.270.890.930.530.95-0.480.750.440.930.470.640.24
1.01.00.990.990.870.980.861.00.940.130.970.741.00.460.981.00.741.0-0.750.740.691.00.710.830.52
0.080.120.00.26-0.220.02-0.370.090.430.130.3-0.440.1-0.480.020.1-0.440.190.490.08-0.50.11-0.48-0.35-0.53
0.960.970.921.00.780.90.750.970.960.970.30.560.960.240.910.960.560.96-0.630.670.580.960.60.710.44
0.770.750.820.620.890.840.890.740.530.74-0.440.560.750.870.840.761.00.74-0.850.720.840.760.830.950.59
1.01.00.990.980.880.980.881.00.931.00.10.960.750.480.981.00.750.99-0.770.740.711.00.730.850.54
0.50.480.590.320.590.630.660.440.270.46-0.480.240.870.480.620.490.870.48-0.650.470.60.490.590.690.41
0.990.980.990.940.91.00.90.970.890.980.020.910.840.980.620.990.840.98-0.790.770.740.990.760.890.54
1.01.00.990.980.880.980.871.00.931.00.10.960.761.00.490.990.760.99-0.760.750.711.00.730.850.54
0.770.750.820.620.890.840.890.740.530.74-0.440.561.00.750.870.840.760.74-0.850.720.840.760.830.950.59
0.991.00.980.980.860.980.830.980.951.00.190.960.740.990.480.980.990.74-0.710.760.650.990.670.810.46
-0.78-0.76-0.83-0.67-0.87-0.79-0.97-0.77-0.48-0.750.49-0.63-0.85-0.77-0.65-0.79-0.76-0.85-0.71-0.43-0.95-0.76-0.95-0.91-0.91
0.740.740.720.70.790.780.590.720.750.740.080.670.720.740.470.770.750.720.76-0.430.480.750.490.750.09
0.720.70.780.610.910.740.920.720.440.69-0.50.580.840.710.60.740.710.840.65-0.950.480.711.00.930.89
1.01.00.990.980.880.980.871.00.931.00.110.960.761.00.490.991.00.760.99-0.760.750.710.730.850.53
0.740.720.790.630.910.750.920.740.470.71-0.480.60.830.730.590.760.730.830.67-0.950.491.00.730.920.88
0.860.840.890.750.980.890.950.840.640.83-0.350.710.950.850.690.890.850.950.81-0.910.750.930.850.920.7
0.550.530.610.470.670.530.820.570.240.52-0.530.440.590.540.410.540.540.590.46-0.910.090.890.530.880.7
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Sunnova Energy Account Relationship Matchups

Sunnova Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.6B5.5B8.3B11.3B13.0B13.7B
Short Long Term Debt Total2.0B3.3B5.4B7.5B8.6B9.1B
Other Current Liab55.1M108.9M178.0M201.0M231.1M242.7M
Total Current Liabilities210.9M310.9M541.9M1.1B1.3B1.3B
Total Stockholder Equity951.7M1.2B1.3B1.5B1.8B1.0B
Other Liab90.9M148.0M436.0M696.0M800.4M840.5M
Net Tangible Assets645.9M951.7M985.8M1.1B1.3B1.3B
Property Plant And Equipment Net2.3B2.9B3.8B5.7B6.5B6.8B
Current Deferred Revenue3.8M15.3M30.2M50.8M58.4M61.4M
Net Debt1.8B3.0B5.0B7.3B8.4B8.8B
Retained Earnings(531.0M)(459.7M)(364.8M)(228.6M)(205.7M)(216.0M)
Accounts Payable39.9M55.0M116.1M355.8M409.2M429.6M
Cash209.9M243.1M360.3M212.8M244.8M191.5M
Non Current Assets Total3.1B4.9B7.4B10.4B12.0B12.6B
Non Currrent Assets Other807.8M1.8B3.4B541.8M623.1M1.2B
Other Assets484.6M807.8M1.8B3.3B3.8B4.0B
Long Term Debt1.9B3.1B5.2B7.0B8.1B8.5B
Cash And Short Term Investments209.9M243.1M360.3M212.8M244.8M191.5M
Net Receivables34.3M144.0M366.2M485.7M558.6M586.5M
Common Stock Shares Outstanding87.9M110.9M114.5M118.3M136.1M100.3M
Liabilities And Stockholders Equity3.6B5.5B8.3B11.3B13.0B13.7B
Non Current Liabilities Total2.1B3.6B5.9B8.1B9.3B9.8B
Inventory102.6M128.0M152.1M148.6M170.9M92.1M
Other Current Assets109.9M100.7M69.8M89.1M102.5M91.6M
Other Stockholder Equity1.5B1.6B1.6B1.8B2.0B1.4B
Total Liab2.3B3.9B6.4B9.2B10.6B11.1B
Net Invested Capital3.0B4.5B6.7B9.0B10.4B10.9B
Property Plant And Equipment Gross2.3B3.2B4.2B6.2B7.1B7.5B
Short Long Term Debt110.9M129.8M214.4M483.5M556.0M583.8M
Total Current Assets456.7M615.7M948.4M936.2M1.1B1.1B
Non Current Liabilities Other171.4M436.0M712.7M1.1B1.2B1.3B
Net Working Capital245.8M304.8M406.4M(159.0M)(182.9M)(173.8M)
Short Term Debt112.1M131.6M217.7M487.7M560.9M588.9M
Intangible Assets49K190.5M162.5M134.1M154.2M89.3M
Common Stock8K10K11K12K10.8K10.3K
Property Plant Equipment1.7B2.3B2.9B3.7B4.3B2.4B

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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.