Emeren Capital Stock vs Short Term Investments Analysis
SOL Stock | USD 1.94 0.12 6.59% |
Emeren financial indicator trend analysis is much more than just examining Emeren Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emeren Group is a good investment. Please check the relationship between Emeren Capital Stock and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren 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 persons.
Capital Stock vs Short Term Investments
Capital Stock vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emeren Group Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Emeren's Capital Stock and Short Term Investments is 0.67. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Emeren Group, assuming nothing else is changed. The correlation between historical values of Emeren's Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Emeren Group are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Emeren's Capital Stock and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Short Term Investments
Short Term Investments is an item under the current assets section of Emeren balance sheet. It contains any investments Emeren Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Emeren Group can easily liquidate in the marketplace.Most indicators from Emeren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emeren Group 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 Emeren 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 persons. At this time, Emeren's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 37.7 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 100.7 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.2M | 4.0M | 82K | 77.9K | Depreciation And Amortization | 7.4M | 7.5M | 7.5M | 7.1M |
Emeren fundamental ratios Correlations
Click cells to compare fundamentals
Emeren Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emeren fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 319.9M | 337.4M | 529.3M | 500.5M | 478.0M | 705.6M | |
Short Long Term Debt Total | 121.3M | 115.6M | 57.9M | 70.6M | 58.9M | 56.0M | |
Other Current Liab | 40.6M | 30.8M | 18.3M | 22.4M | 29.9M | 31.4M | |
Total Current Liabilities | 109.4M | 88.2M | 35.1M | 42.6M | 58.4M | 55.5M | |
Total Stockholder Equity | 94.7M | 139.6M | 404.0M | 358.2M | 326.3M | 250.8M | |
Property Plant And Equipment Net | 192.3M | 168.7M | 167.1M | 217.6M | 197.2M | 339.1M | |
Net Debt | 97.0M | 75.0M | (196.2M) | (36.5M) | (11.3M) | (10.7M) | |
Cash | 24.3M | 40.6M | 254.1M | 107.1M | 70.2M | 100.3M | |
Non Current Assets Total | 216.9M | 200.2M | 199.8M | 273.6M | 293.0M | 377.7M | |
Non Currrent Assets Other | 23.8M | 29.2M | 30.8M | 44.2M | 95.7M | 100.5M | |
Cash And Short Term Investments | 24.3M | 40.6M | 254.1M | 107.1M | 70.2M | 100.5M | |
Common Stock Shares Outstanding | 40.6M | 49.8M | 69.8M | 64.9M | 5.7M | 5.4M | |
Liabilities And Stockholders Equity | 319.9M | 337.4M | 529.3M | 500.5M | 478.0M | 705.6M | |
Inventory | 19.2M | 2.5M | 594K | 1.2M | 1.1M | 1.0M | |
Other Current Assets | 38.2M | 76.0M | 21.3M | 36.2M | 20.9M | 19.8M | |
Other Stockholder Equity | 9.7M | 7.8M | (6.0M) | 4.4M | (27.2M) | (25.8M) | |
Total Liab | 182.4M | 153.6M | 80.9M | 101.0M | 113.9M | 108.2M | |
Property Plant And Equipment Gross | 192.3M | 168.7M | 167.1M | 217.6M | 225.5M | 340.2M | |
Total Current Assets | 103.1M | 137.2M | 329.5M | 226.9M | 185.0M | 327.9M | |
Short Term Debt | 48.3M | 50.2M | 12.1M | 12.2M | 6.9M | 6.5M | |
Current Deferred Revenue | 86K | 901K | 82K | 3.6M | 8.6M | 8.1M | |
Retained Earnings | (442.3M) | (439.1M) | (432.7M) | (426.8M) | (446.7M) | (424.4M) | |
Accounts Payable | 20.4M | 6.3M | 3.8M | 7.1M | 13.0M | 12.4M | |
Net Receivables | 21.3M | 20.2M | 50.4M | 70.8M | 94.0M | 81.1M | |
Non Current Liabilities Total | 73.0M | 65.4M | 45.8M | 58.4M | 55.6M | 52.8M | |
Accumulated Other Comprehensive Income | (2.9M) | (3.6M) | (4.6M) | (14.8M) | (6.5M) | (6.1M) | |
Common Stock Total Equity | 519.2M | 519.3M | 530.2M | 574.5M | 660.7M | 483.9M | |
Common Stock | 530.2M | 574.5M | 847.4M | 848.1M | 806.7M | 556.4M | |
Other Assets | 24.6M | 30.4M | 31.6M | 47.2M | 42.5M | 70.9M | |
Long Term Debt | 3.4M | 0.0 | 62K | 22.6M | 22.7M | 16.9M | |
Long Term Debt Total | 50.1M | 44.0M | 30.0M | 37.5M | 33.7M | 44.8M | |
Capital Surpluse | 9.7M | 7.8M | 12.4M | 13.5M | 15.5M | 10.7M | |
Property Plant Equipment | 192.3M | 168.7M | 167.1M | 214.8M | 193.4M | 173.9M | |
Net Tangible Assets | 94.7M | 138.6M | 403.0M | 357.1M | 410.7M | 431.3M | |
Cash And Equivalents | 24.3M | 40.6M | 254.1M | 107.1M | 123.2M | 76.0M | |
Capital Lease Obligations | 79.7M | 74.6M | 57.8M | 47.0M | 36.8M | 50.4M | |
Net Invested Capital | 136.3M | 180.6M | 404.1M | 381.7M | 349.4M | 276.3M |
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Is Construction & Engineering 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 Emeren. If investors know Emeren 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 Emeren 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 (0.92) | Earnings Share (0.05) | Revenue Per Share 1.915 | Quarterly Revenue Growth (0.11) | Return On Assets (0.01) |
The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.