SunCar Long Term Investments vs Other Current Assets Analysis

SDAWW Stock

0.35 0.04 12.90%

SunCar Technology financial indicator trend analysis is much more than just breaking down SunCar Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunCar Technology is a good investment. Please check the relationship between SunCar Technology Long Term Investments and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Long Term Investments vs Other Current Assets

Long Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunCar Technology Long Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between SunCar Technology's Long Term Investments and Other Current Assets is -0.89. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SunCar Technology Group, assuming nothing else is changed. The correlation between historical values of SunCar Technology's Long Term Investments and Other Current 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 Long Term Investments of SunCar Technology Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Investments i.e., SunCar Technology's Long Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

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Long Term Investments

Long Term Investments is an item on the asset side of SunCar Technology balance sheet that represents investments SunCar Technology intends to hold for over a year. SunCar Technology Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from SunCar Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunCar Technology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SunCar Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

At this time, SunCar Technology's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 42.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 33.3 M in 2024.

	2021	2023	2024 (projected)
Interest Expense	3.0M	4.4M	3.6M
Interest Income	20.1K	23.1K	12.8K

Interest Expense Interest Income

SunCar Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Net Debt
Total Assets		0.83	0.98	-0.95	0.77	-0.96	0.62	0.93	-0.88	0.83	0.53	0.68	0.52	0.69	0.79	0.99	0.93	-0.67	0.89	0.45	1.0	-0.96	0.63	0.99
Other Current Liab	0.83		0.81	-0.78	0.93	-0.8	0.92	0.76	-0.68	0.76	0.79	0.55	0.82	0.57	0.64	0.83	0.78	-0.48	0.96	-0.11	0.83	-0.78	0.51	0.82
Total Current Liabilities	0.98	0.81		-0.99	0.73	-0.93	0.59	0.89	-0.88	0.7	0.61	0.56	0.57	0.55	0.67	0.99	0.83	-0.63	0.85	0.43	0.98	-0.96	0.48	0.99
Total Stockholder Equity	-0.95	-0.78	-0.99		-0.72	0.92	-0.58	-0.87	0.89	-0.65	-0.65	-0.54	-0.6	-0.51	-0.64	-0.98	-0.77	0.65	-0.82	-0.41	-0.95	0.95	-0.44	-0.98
Property Plant And Equipment Net	0.77	0.93	0.73	-0.72		-0.83	0.96	0.83	-0.78	0.81	0.82	0.75	0.88	0.73	0.78	0.75	0.77	-0.7	0.97	-0.18	0.76	-0.81	0.69	0.78
Retained Earnings	-0.96	-0.8	-0.93	0.92	-0.83		-0.66	-0.99	0.97	-0.88	-0.57	-0.83	-0.58	-0.81	-0.89	-0.95	-0.92	0.85	-0.91	-0.39	-0.95	0.99	-0.76	-0.98
Accounts Payable	0.62	0.92	0.59	-0.58	0.96	-0.66		0.65	-0.6	0.67	0.87	0.58	0.93	0.57	0.61	0.6	0.61	-0.52	0.9	-0.42	0.6	-0.64	0.52	0.63
Cash	0.93	0.76	0.89	-0.87	0.83	-0.99	0.65		-0.97	0.89	0.54	0.88	0.56	0.86	0.93	0.91	0.92	-0.89	0.89	0.39	0.92	-0.98	0.82	0.95
Non Current Assets Total	-0.88	-0.68	-0.88	0.89	-0.78	0.97	-0.6	-0.97		-0.77	-0.59	-0.83	-0.58	-0.77	-0.86	-0.88	-0.8	0.92	-0.83	-0.39	-0.87	0.97	-0.72	-0.93
Non Currrent Assets Other	0.83	0.76	0.7	-0.65	0.81	-0.88	0.67	0.89	-0.77		0.35	0.9	0.43	0.95	0.96	0.77	0.97	-0.74	0.87	0.27	0.82	-0.81	0.93	0.79
Net Receivables	0.53	0.79	0.61	-0.65	0.82	-0.57	0.87	0.54	-0.59	0.35		0.33	0.99	0.25	0.35	0.57	0.35	-0.45	0.75	-0.41	0.52	-0.6	0.19	0.6
Common Stock Shares Outstanding	0.68	0.55	0.56	-0.54	0.75	-0.83	0.58	0.88	-0.83	0.9	0.33		0.42	0.99	0.98	0.62	0.82	-0.93	0.75	0.24	0.66	-0.77	0.98	0.69
Short Term Investments	0.52	0.82	0.57	-0.6	0.88	-0.58	0.93	0.56	-0.58	0.43	0.99	0.42		0.35	0.43	0.55	0.4	-0.48	0.8	-0.47	0.51	-0.59	0.29	0.58
Non Current Liabilities Total	0.69	0.57	0.55	-0.51	0.73	-0.81	0.57	0.86	-0.77	0.95	0.25	0.99	0.35		0.99	0.62	0.86	-0.85	0.75	0.26	0.67	-0.74	1.0	0.67
Other Current Assets	0.79	0.64	0.67	-0.64	0.78	-0.89	0.61	0.93	-0.86	0.96	0.35	0.98	0.43	0.99		0.73	0.91	-0.89	0.82	0.31	0.77	-0.84	0.97	0.78
Total Liab	0.99	0.83	0.99	-0.98	0.75	-0.95	0.6	0.91	-0.88	0.77	0.57	0.62	0.55	0.62	0.73		0.88	-0.65	0.87	0.44	1.0	-0.96	0.56	0.99
Net Invested Capital	0.93	0.78	0.83	-0.77	0.77	-0.92	0.61	0.92	-0.8	0.97	0.35	0.82	0.4	0.86	0.91	0.88		-0.69	0.87	0.41	0.92	-0.88	0.84	0.88
Long Term Investments	-0.67	-0.48	-0.63	0.65	-0.7	0.85	-0.52	-0.89	0.92	-0.74	-0.45	-0.93	-0.48	-0.85	-0.89	-0.65	-0.69		-0.7	-0.29	-0.65	0.83	-0.83	-0.73
Property Plant And Equipment Gross	0.89	0.96	0.85	-0.82	0.97	-0.91	0.9	0.89	-0.83	0.87	0.75	0.75	0.8	0.75	0.82	0.87	0.87	-0.7		0.02	0.88	-0.89	0.7	0.89
Short Long Term Debt	0.45	-0.11	0.43	-0.41	-0.18	-0.39	-0.42	0.39	-0.39	0.27	-0.41	0.24	-0.47	0.26	0.31	0.44	0.41	-0.29	0.02		0.46	-0.41	0.26	0.43
Total Current Assets	1.0	0.83	0.98	-0.95	0.76	-0.95	0.6	0.92	-0.87	0.82	0.52	0.66	0.51	0.67	0.77	1.0	0.92	-0.65	0.88	0.46		-0.96	0.61	0.99
Capital Stock	-0.96	-0.78	-0.96	0.95	-0.81	0.99	-0.64	-0.98	0.97	-0.81	-0.6	-0.77	-0.59	-0.74	-0.84	-0.96	-0.88	0.83	-0.89	-0.41	-0.96		-0.69	-0.99
Net Working Capital	0.63	0.51	0.48	-0.44	0.69	-0.76	0.52	0.82	-0.72	0.93	0.19	0.98	0.29	1.0	0.97	0.56	0.84	-0.83	0.7	0.26	0.61	-0.69		0.61
Net Debt	0.99	0.82	0.99	-0.98	0.78	-0.98	0.63	0.95	-0.93	0.79	0.6	0.69	0.58	0.67	0.78	0.99	0.88	-0.73	0.89	0.43	0.99	-0.99	0.61

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SunCar Technology Account Relationship Matchups

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Additional Tools for SunCar Stock Analysis

When running SunCar Technology's price analysis, check to measure SunCar Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.

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SunCar Long Term Investments vs Other Current Assets Analysis

Long Term Investments vs Other Current Assets

Long Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Long Term Investments

Other Current Assets

SunCar Technology fundamental ratios Correlations

SunCar Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for SunCar Stock Analysis

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Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Total Liab
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities

Net Debt	- 0.99	Capital Stock
Cash	- 0.99	Retained Earnings
Total Stockholder Equity	- 0.99	Total Current Liabilities
Capital Stock	- 0.98	Cash
Net Debt	- 0.98	Retained Earnings
Net Debt	- 0.98	Total Stockholder Equity