Sunrun Extraordinary Items vs Depreciation And Amortization Analysis
RUN Stock | USD 9.99 0.13 1.28% |
Sunrun financial indicator trend analysis is much more than just breaking down Sunrun Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunrun Inc is a good investment. Please check the relationship between Sunrun Extraordinary Items and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Extraordinary Items vs Depreciation And Amortization
Extraordinary Items vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunrun Inc Extraordinary Items account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sunrun's Extraordinary Items and Depreciation And Amortization is 0.68. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Sunrun Inc, assuming nothing else is changed. The correlation between historical values of Sunrun's Extraordinary Items and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Sunrun Inc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Extraordinary Items i.e., Sunrun's Extraordinary Items and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Extraordinary Items
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Sunrun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunrun Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. As of the 17th of December 2024, Selling General Administrative is likely to drop to about 156.3 M. In addition to that, Tax Provision is likely to grow to about (12.1 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 327.7M | 445.8M | 653.0M | 685.6M | Depreciation And Amortization | 396.4M | 459.3M | 531.7M | 558.3M |
Sunrun fundamental ratios Correlations
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Sunrun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sunrun fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 14.4B | 16.5B | 19.3B | 20.5B | 21.5B | |
Short Long Term Debt Total | 2.6B | 5.2B | 6.8B | 8.7B | 11.1B | 11.6B | |
Other Current Liab | 164.6M | 332.8M | 370.9M | 407.2M | 504.8M | 530.1M | |
Total Current Liabilities | 530.1M | 901.4M | 1.0B | 1.2B | 1.5B | 1.6B | |
Total Stockholder Equity | 964.7M | 6.1B | 6.3B | 6.7B | 5.2B | 2.9B | |
Other Liab | 1.0B | 1.3B | 1.3B | 1.3B | 1.5B | 1.1B | |
Property Plant And Equipment Net | 4.5B | 8.3B | 9.5B | 11.1B | 13.3B | 13.9B | |
Current Deferred Revenue | 85.7M | 116.7M | 120.0M | 192.0M | 136.8M | 104.1M | |
Net Debt | 2.3B | 4.6B | 6.2B | 8.0B | 10.4B | 10.9B | |
Retained Earnings | 251.5M | 76.8M | (2.6M) | 170.8M | (1.4B) | (1.4B) | |
Accounts Payable | 223.4M | 207.4M | 288.1M | 339.2M | 230.7M | 177.5M | |
Cash | 269.6M | 520.0M | 617.6M | 740.5M | 678.8M | 391.8M | |
Non Current Assets Total | 5.1B | 13.2B | 14.9B | 17.2B | 18.6B | 19.5B | |
Non Currrent Assets Other | (134.1M) | 681.8M | 1.1B | 681.9M | 2.0B | 2.1B | |
Other Assets | 373.2M | 2.5B | 1.1B | 1.5B | 168K | 159.6K | |
Long Term Debt | 2.2B | 4.6B | 211.1M | 8.2B | 10.1B | 10.6B | |
Cash And Short Term Investments | 269.6M | 520.0M | 617.6M | 740.5M | 678.8M | 391.8M | |
Net Receivables | 84.2M | 95.1M | 146.0M | 214.3M | 172.0M | 108.7M | |
Common Stock Shares Outstanding | 123.9M | 139.6M | 205.1M | 219.2M | 216.6M | 144.8M | |
Liabilities And Stockholders Equity | 5.8B | 14.4B | 16.5B | 19.3B | 20.5B | 21.5B | |
Non Current Liabilities Total | 3.6B | 6.2B | 7.9B | 9.9B | 12.0B | 12.7B | |
Inventory | 260.6M | 283.0M | 506.8M | 783.9M | 459.7M | 263.8M | |
Other Current Assets | 119.5M | 239.6M | 277.2M | 359.0M | 571.7M | 600.3M | |
Other Stockholder Equity | 766.0M | 6.1B | 6.3B | 6.5B | 6.6B | 6.9B | |
Total Liab | 4.2B | 7.1B | 8.9B | 11.1B | 13.5B | 14.2B | |
Property Plant And Equipment Gross | 4.6B | 8.3B | 9.5B | 11.1B | 15.6B | 16.4B | |
Total Current Assets | 733.8M | 1.1B | 1.5B | 2.1B | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (52.8M) | (106.8M) | (73.1M) | 67.1M | 54.7M | 57.4M | |
Short Term Debt | 56.4M | 244.4M | 233.0M | 217.1M | 615.8M | 646.6M | |
Property Plant Equipment | 4.6B | 8.3B | 9.5B | 11.0B | 12.6B | 13.3B | |
Net Tangible Assets | 850.1M | 2.3B | 2.6B | 3.0B | 3.5B | 3.7B | |
Deferred Long Term Liab | 234.5M | 81.9M | 631.0M | 133.0M | 119.7M | 113.8M | |
Short Long Term Debt | 35.3M | 195.0M | 190.2M | 157.8M | 547.9M | 575.3M | |
Intangible Assets | 19.5M | 18.3M | 12.9M | 7.5M | 6.8M | 12.2M | |
Warrants | 306.6M | 560.5M | 595.0M | 609.7M | 701.2M | 358.4M |
Pair Trading with Sunrun
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sunrun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sunrun will appreciate offsetting losses from the drop in the long position's value.Moving against Sunrun Stock
0.94 | AZ | A2Z Smart Technologies | PairCorr |
0.92 | VMI | Valmont Industries | PairCorr |
0.91 | CW | Curtiss Wright | PairCorr |
0.9 | GBX | Greenbrier Companies | PairCorr |
0.84 | R | Ryder System | PairCorr |
The ability to find closely correlated positions to Sunrun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunrun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sunrun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sunrun Inc to buy it.
The correlation of Sunrun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sunrun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunrun Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sunrun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Electrical Components & Equipment 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 Sunrun. If investors know Sunrun 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 Sunrun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.173 | Earnings Share (1.75) | Revenue Per Share 9.204 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of Sunrun Inc is measured differently than its book value, which is the value of Sunrun that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrun's value that differs from its market value or its book value, called intrinsic value, which is Sunrun'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 Sunrun's market value can be influenced by many factors that don't directly affect Sunrun'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 Sunrun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrun'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.