Sunlands Accounts Payable vs Other Stockholder Equity Analysis

STG Stock  USD 6.44  0.09  1.42%   
Sunlands Technology financial indicator trend analysis is much more than just breaking down Sunlands Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunlands Technology is a good investment. Please check the relationship between Sunlands Technology Accounts Payable and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunlands 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 estimate.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunlands Technology Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunlands Technology's Accounts Payable and Other Stockholder Equity is 0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sunlands Technology Group, assuming nothing else is changed. The correlation between historical values of Sunlands Technology's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sunlands Technology Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Sunlands Technology's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Sunlands Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sunlands Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Sunlands Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunlands 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 Sunlands 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 estimate.
At this time, Sunlands Technology's Enterprise Value Over EBITDA is most likely to slightly grow in the upcoming years. The Sunlands Technology's current Enterprise Value Multiple is estimated to increase to 0.79, while Sales General And Administrative To Revenue is projected to decrease to 0.25.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B2.0B1.9B1.5B
Total Revenue2.5B2.3B2.2B1.8B

Sunlands Technology fundamental ratios Correlations

0.750.97-0.160.99-0.530.880.92-0.69-0.950.780.980.960.830.90.960.130.850.920.690.960.750.840.950.980.97
0.750.72-0.180.76-0.320.760.63-0.3-0.840.640.650.780.620.610.69-0.140.850.730.60.750.320.870.830.750.74
0.970.72-0.280.97-0.660.850.95-0.66-0.950.770.920.920.780.860.930.280.750.910.720.940.750.820.90.990.92
-0.16-0.18-0.28-0.240.6-0.15-0.44-0.330.3-0.29-0.03-0.21-0.41-0.35-0.07-0.11-0.01-0.06-0.16-0.35-0.49-0.38-0.05-0.32-0.22
0.990.760.97-0.24-0.570.860.92-0.64-0.950.790.950.950.860.920.940.120.830.890.710.970.770.860.920.990.98
-0.53-0.32-0.660.6-0.57-0.52-0.680.220.62-0.67-0.41-0.53-0.38-0.46-0.43-0.69-0.27-0.61-0.37-0.56-0.49-0.46-0.46-0.62-0.46
0.880.760.85-0.150.86-0.520.75-0.41-0.950.920.840.970.640.680.720.130.90.940.330.860.480.880.960.870.86
0.920.630.95-0.440.92-0.680.75-0.64-0.880.670.880.840.80.890.90.290.680.830.750.890.860.740.820.930.86
-0.69-0.3-0.66-0.33-0.640.22-0.41-0.640.49-0.22-0.78-0.5-0.4-0.57-0.83-0.29-0.48-0.64-0.73-0.49-0.52-0.23-0.61-0.58-0.57
-0.95-0.84-0.950.3-0.950.62-0.95-0.880.49-0.87-0.89-0.98-0.77-0.81-0.84-0.14-0.88-0.93-0.57-0.95-0.63-0.92-0.96-0.96-0.93
0.780.640.77-0.290.79-0.670.920.67-0.22-0.870.70.90.640.660.580.260.740.860.210.810.490.830.830.80.8
0.980.650.92-0.030.95-0.410.840.88-0.78-0.890.70.920.790.880.960.090.850.890.650.90.740.740.920.920.94
0.960.780.92-0.210.95-0.530.970.84-0.5-0.980.90.920.80.840.840.080.90.930.490.960.650.910.960.950.96
0.830.620.78-0.410.86-0.380.640.8-0.4-0.770.640.790.80.980.79-0.180.680.610.610.90.860.780.690.850.91
0.90.610.86-0.350.92-0.460.680.89-0.57-0.810.660.880.840.980.88-0.030.70.70.70.920.910.760.760.90.94
0.960.690.93-0.070.94-0.430.720.9-0.83-0.840.580.960.840.790.880.120.770.840.840.870.760.70.870.910.9
0.13-0.140.28-0.110.12-0.690.130.29-0.29-0.140.260.090.08-0.18-0.030.12-0.150.360.150.010.1-0.110.130.15-0.04
0.850.850.75-0.010.83-0.270.90.68-0.48-0.880.740.850.90.680.70.77-0.150.840.460.810.450.830.940.790.86
0.920.730.91-0.060.89-0.610.940.83-0.64-0.930.860.890.930.610.70.840.360.840.530.830.530.760.970.890.85
0.690.60.72-0.160.71-0.370.330.75-0.73-0.570.210.650.490.610.70.840.150.460.530.60.630.450.560.670.61
0.960.750.94-0.350.97-0.560.860.89-0.49-0.950.810.90.960.90.920.870.010.810.830.60.780.920.880.990.98
0.750.320.75-0.490.77-0.490.480.86-0.52-0.630.490.740.650.860.910.760.10.450.530.630.780.580.540.770.78
0.840.870.82-0.380.86-0.460.880.74-0.23-0.920.830.740.910.780.760.7-0.110.830.760.450.920.580.850.880.88
0.950.830.9-0.050.92-0.460.960.82-0.61-0.960.830.920.960.690.760.870.130.940.970.560.880.540.850.90.9
0.980.750.99-0.320.99-0.620.870.93-0.58-0.960.80.920.950.850.90.910.150.790.890.670.990.770.880.90.96
0.970.740.92-0.220.98-0.460.860.86-0.57-0.930.80.940.960.910.940.9-0.040.860.850.610.980.780.880.90.96
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Sunlands Technology Account Relationship Matchups

Sunlands Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B3.3B2.6B2.3B2.1B2.5B
Other Current Liab132.0M633.7M486.2M368.1M352.0M313.1M
Total Current Liabilities2.2B2.2B1.9B1.5B1.0B1.7B
Total Stockholder Equity(738.2M)(1.2B)(1.0B)(374.5M)277.0M290.9M
Other Liab1.7B1.6B1.1B717.6M825.3M1.0B
Net Tangible Assets(739.3M)(1.2B)(1.0B)(376.0M)(338.4M)(355.3M)
Property Plant And Equipment Net1.1B1000.0M1.2B1.1B922.5M792.1M
Current Deferred Revenue1.7B1.5B1.3B986.1M584.5M555.3M
Net Debt(520.1M)(4.3M)12.4M(237.8M)(455.2M)(478.0M)
Retained Earnings(3.2B)(3.7B)(3.5B)(2.8B)(2.2B)(2.3B)
Accounts Payable364.8M433.2M342.8M235.3M270.5M230.5M
Cash1.4B760.7M626.7M753.6M763.8M750.8M
Non Current Assets Total1.9B1.7B1.5B1.3B1.1B1.1B
Non Currrent Assets Other653.1M628.4M149.2M116.7M101.9M96.8M
Other Assets738.6M627.8M188.4M143.5M165.0M156.8M
Long Term Debt193.1M160.6M182.0M143.3M104.7M123.4M
Cash And Short Term Investments1.6B1.3B810.9M824.2M905.9M1.1B
Net Receivables6.1M25.7M55.7M26.8M29.3M39.7M
Common Stock Shares Outstanding13.7M13.5M13.5M13.7M13.8M11.8M
Short Term Investments217.6M517.8M184.2M70.5M142.1M240.3M
Long Term Debt Total193.1M160.6M182.0M143.3M164.8M124.4M
Liabilities And Stockholders Equity4.0B3.3B2.6B2.3B2.1B2.5B
Non Current Liabilities Total2.5B2.3B1.7B1.2B832.8M1.4B
Capital Surpluse2.4B2.4B2.4B2.3B2.7B1.7B
Capital Lease Obligations656.5M563.2M418.4M333.9M165.3M261.2M
Inventory237.3M132.4M83.6M14.2M14.2M13.5M
Other Current Assets180.9M248.1M251.1M104.0M82.3M121.4M
Other Stockholder Equity2.4B2.4B2.4B2.3B2.3B1.8B
Total Liab4.7B4.5B3.6B2.7B1.8B3.1B
Deferred Long Term Liab205.5M170.2M109.0M78.8M90.7M104.5M
Long Term Investments40.0M64.1M54.8M73.5M61.4M40.0M
Property Plant And Equipment Gross1.1B1000.0M1.2B1.1B1.1B815.0M
Total Current Assets2.0B1.6B1.1B969.1M1.0B1.3B
Accumulated Other Comprehensive Income142.4M96.5M82.5M127.9M143.3M84.1M
Non Current Liabilities Other11.5M7.7M11.7M6.8M7.0M7.5M
Short Term Debt72.7M63.2M53.0M55.7M46.7M66.9M
Intangible Assets1.2M1.2M2.8M1.5M975K1.5M
Property Plant Equipment1.1B1000.0M1.2B1.1B1.3B763.8M
Short Long Term Debt Total882.1M756.4M639.1M515.9M308.6M492.5M

Currently Active Assets on Macroaxis

When determining whether Sunlands Technology is a strong investment it is important to analyze Sunlands Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sunlands Technology's future performance. For an informed investment choice regarding Sunlands Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunlands 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 estimate.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Diversified Consumer Services 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 Sunlands Technology. If investors know Sunlands 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 Sunlands Technology 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
(0.52)
Earnings Share
4.42
Revenue Per Share
151.626
Quarterly Revenue Growth
(0.07)
Return On Assets
0.1235
The market value of Sunlands Technology is measured differently than its book value, which is the value of Sunlands that is recorded on the company's balance sheet. Investors also form their own opinion of Sunlands Technology's value that differs from its market value or its book value, called intrinsic value, which is Sunlands Technology'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 Sunlands Technology's market value can be influenced by many factors that don't directly affect Sunlands Technology'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 Sunlands Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunlands Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunlands Technology'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.