Sun Change In Working Capital vs End Period Cash Flow Analysis
| SRES Stock | CAD 0.06 0.01 10.00% |
Sun Residential financial indicator trend analysis is much more than just breaking down Sun Residential Real prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Residential Real is a good investment. Please check the relationship between Sun Residential Change In Working Capital and its End Period Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Change In Working Capital vs End Period Cash Flow
Change In Working Capital vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Residential Real Change In Working Capital account and End Period Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sun Residential's Change In Working Capital and End Period Cash Flow is 0.84. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Sun Residential Real, assuming nothing else is changed. The correlation between historical values of Sun Residential's Change In Working Capital and End 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 Working Capital of Sun Residential Real are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change In Working Capital i.e., Sun Residential's Change In Working Capital and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.End Period Cash Flow
Most indicators from Sun Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Residential Real 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 Sun Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Tax Provision is likely to climb to about (1.3 M) in 2024. Selling General Administrative is likely to drop to about 360 K in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9M | 3.0M | 3.1M | 3.1M | Total Revenue | 4.9M | 5.5M | 5.8M | 5.6M |
Sun Residential fundamental ratios Correlations
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Sun Residential Account Relationship Matchups
High Positive Relationship
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When running Sun Residential's price analysis, check to measure Sun Residential'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 Sun Residential is operating at the current time. Most of Sun Residential's value examination focuses on studying past and present price action to predict the probability of Sun Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Residential's price. Additionally, you may evaluate how the addition of Sun Residential to your portfolios can decrease your overall portfolio volatility.