Sunoco Net Income vs Free Cash Flow Analysis

SUN Stock

USD 51.44 0.36 0.70%

Sunoco LP financial indicator trend analysis is much more than just breaking down Sunoco LP prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunoco LP is a good investment. Please check the relationship between Sunoco LP Net Income and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. 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.

To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunoco LP Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sunoco LP's Net Income and Free Cash Flow is 0.71. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Sunoco LP, assuming nothing else is changed. The correlation between historical values of Sunoco LP's Net Income and Free 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 Net Income of Sunoco LP are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Sunoco LP's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Sunoco LP financial statement analysis. It represents the amount of money remaining after all of Sunoco LP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Sunoco LP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunoco LP 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 Sunoco LP. 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.

To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.At this time, Sunoco LP's Tax Provision is very stable compared to the past year. As of the 29th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.01, while Selling General Administrative is likely to drop about 173.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	163M	182M	220M	122.7M
Depreciation And Amortization	177M	193M	187M	196.4M

Interest Expense Depreciation And Amortization

Sunoco LP fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.51	0.89	0.56	0.94	0.2	0.7	0.63	0.42	0.9	0.93	0.85	0.77	0.79	0.92	0.93	0.93	0.88	0.94	0.63	0.88	0.95	0.05	0.64	0.76	0.92
Other Current Liab	0.51		0.62	-0.08	0.31	0.39	0.49	0.47	0.03	0.61	0.5	0.67	0.57	0.57	0.61	0.46	0.47	0.62	0.51	0.1	0.62	0.53	0.52	0.48	0.55	0.6
Total Current Liabilities	0.89	0.62		0.32	0.75	0.17	0.85	0.5	0.37	0.94	0.73	0.91	0.87	0.94	0.96	0.73	0.77	0.93	0.81	0.43	0.93	0.8	0.3	0.5	0.96	0.94
Total Stockholder Equity	0.56	-0.08	0.32		0.55	0.1	0.25	0.16	-0.23	0.25	0.52	0.2	0.29	0.13	0.31	0.47	0.45	0.24	0.44	0.34	0.24	0.47	-0.2	0.17	0.27	0.3
Other Liab	0.94	0.31	0.75	0.55		0.18	0.55	0.64	0.57	0.77	0.93	0.68	0.63	0.67	0.79	0.97	0.94	0.72	0.92	0.67	0.72	0.93	-0.18	0.65	0.58	0.79
Retained Earnings	0.2	0.39	0.17	0.1	0.18		0.39	0.26	-0.06	0.04	0.41	0.04	0.47	0.23	0.12	0.26	0.36	0.11	0.43	-0.45	0.1	0.42	0.6	0.27	0.14	0.12
Accounts Payable	0.7	0.49	0.85	0.25	0.55	0.39		0.34	0.25	0.72	0.56	0.7	0.98	0.83	0.77	0.52	0.6	0.75	0.67	0.05	0.76	0.64	0.58	0.36	0.88	0.75
Cash	0.63	0.47	0.5	0.16	0.64	0.26	0.34		0.6	0.58	0.73	0.52	0.44	0.57	0.57	0.7	0.71	0.56	0.73	0.39	0.54	0.73	-0.03	1.0	0.32	0.59
Other Assets	0.42	0.03	0.37	-0.23	0.57	-0.06	0.25	0.6		0.46	0.46	0.37	0.27	0.52	0.43	0.55	0.57	0.41	0.53	0.46	0.4	0.49	-0.28	0.6	0.23	0.44
Long Term Debt	0.9	0.61	0.94	0.25	0.77	0.04	0.72	0.58	0.46		0.76	0.99	0.78	0.88	0.99	0.78	0.79	0.99	0.83	0.64	0.99	0.82	0.22	0.59	0.84	0.99
Good Will	0.93	0.5	0.73	0.52	0.93	0.41	0.56	0.73	0.46	0.76		0.71	0.67	0.67	0.79	0.97	0.97	0.74	0.97	0.54	0.73	0.99	0.03	0.74	0.55	0.79
Common Stock Shares Outstanding	0.85	0.67	0.91	0.2	0.68	0.04	0.7	0.52	0.37	0.99	0.71		0.76	0.84	0.97	0.72	0.72	0.99	0.78	0.61	0.99	0.77	0.3	0.53	0.82	0.98
Inventory	0.77	0.57	0.87	0.29	0.63	0.47	0.98	0.44	0.27	0.78	0.67	0.76		0.85	0.82	0.62	0.69	0.81	0.77	0.13	0.81	0.75	0.6	0.46	0.86	0.82
Other Current Assets	0.79	0.57	0.94	0.13	0.67	0.23	0.83	0.57	0.52	0.88	0.67	0.84	0.85		0.91	0.65	0.73	0.89	0.8	0.33	0.89	0.75	0.33	0.58	0.92	0.89
Total Liab	0.92	0.61	0.96	0.31	0.79	0.12	0.77	0.57	0.43	0.99	0.79	0.97	0.82	0.91		0.79	0.81	0.99	0.87	0.59	0.99	0.85	0.26	0.58	0.88	1.0
Intangible Assets	0.93	0.46	0.73	0.47	0.97	0.26	0.52	0.7	0.55	0.78	0.97	0.72	0.62	0.65	0.79		0.95	0.73	0.93	0.64	0.73	0.96	-0.11	0.7	0.53	0.8
Property Plant Equipment	0.93	0.47	0.77	0.45	0.94	0.36	0.6	0.71	0.57	0.79	0.97	0.72	0.69	0.73	0.81	0.95		0.76	0.98	0.56	0.75	0.98	0.01	0.71	0.6	0.81
Short Long Term Debt Total	0.88	0.62	0.93	0.24	0.72	0.11	0.75	0.56	0.41	0.99	0.74	0.99	0.81	0.89	0.99	0.73	0.76		0.83	0.58	1.0	0.81	0.32	0.56	0.86	0.99
Property Plant And Equipment Net	0.94	0.51	0.81	0.44	0.92	0.43	0.67	0.73	0.53	0.83	0.97	0.78	0.77	0.8	0.87	0.93	0.98	0.83		0.51	0.82	0.99	0.15	0.74	0.66	0.87
Current Deferred Revenue	0.63	0.1	0.43	0.34	0.67	-0.45	0.05	0.39	0.46	0.64	0.54	0.61	0.13	0.33	0.59	0.64	0.56	0.58	0.51		0.58	0.53	-0.49	0.39	0.26	0.61
Net Debt	0.88	0.62	0.93	0.24	0.72	0.1	0.76	0.54	0.4	0.99	0.73	0.99	0.81	0.89	0.99	0.73	0.75	1.0	0.82	0.58		0.8	0.32	0.55	0.86	0.99
Non Current Assets Total	0.95	0.53	0.8	0.47	0.93	0.42	0.64	0.73	0.49	0.82	0.99	0.77	0.75	0.75	0.85	0.96	0.98	0.81	0.99	0.53	0.8		0.11	0.73	0.63	0.85
Non Currrent Assets Other	0.05	0.52	0.3	-0.2	-0.18	0.6	0.58	-0.03	-0.28	0.22	0.03	0.3	0.6	0.33	0.26	-0.11	0.01	0.32	0.15	-0.49	0.32	0.11		-0.01	0.41	0.26
Cash And Short Term Investments	0.64	0.48	0.5	0.17	0.65	0.27	0.36	1.0	0.6	0.59	0.74	0.53	0.46	0.58	0.58	0.7	0.71	0.56	0.74	0.39	0.55	0.73	-0.01		0.33	0.59
Net Receivables	0.76	0.55	0.96	0.27	0.58	0.14	0.88	0.32	0.23	0.84	0.55	0.82	0.86	0.92	0.88	0.53	0.6	0.86	0.66	0.26	0.86	0.63	0.41	0.33		0.85
Non Current Liabilities Total	0.92	0.6	0.94	0.3	0.79	0.12	0.75	0.59	0.44	0.99	0.79	0.98	0.82	0.89	1.0	0.8	0.81	0.99	0.87	0.61	0.99	0.85	0.26	0.59	0.85

Click cells to compare fundamentals

Sunoco LP Account Relationship Matchups

Sunoco LP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4B	5.3B	5.8B	6.8B	6.8B	5.1B
Other Current Liab	55M	207M	179M	234M	149M	116.1M
Total Current Liabilities	744M	653M	890M	1.4B	1.4B	758.9M
Total Stockholder Equity	758M	632M	811M	942M	978M	814.9M
Other Liab	346M	338M	344M	383M	440.5M	345.5M
Accounts Payable	445M	267M	515M	966M	998M	1.0B
Cash	21M	97M	25M	82M	29M	48.5M
Other Assets	194M	168M	188M	236M	271.4M	387.2M
Long Term Debt	3.1B	3.1B	3.2B	3.6B	3.6B	2.5B
Good Will	1.6B	1.6B	1.6B	1.6B	1.6B	1.4B
Common Stock Shares Outstanding	83.6M	83.7M	84.4M	84.8M	85.1M	68.6M
Inventory	419M	382M	534M	821M	889M	933.5M
Other Current Assets	73M	62M	95M	175M	133M	70.5M
Total Liab	4.7B	4.6B	5.0B	5.9B	5.8B	3.8B
Intangible Assets	708M	646M	588M	542M	544M	563.7M
Property Plant Equipment	1.4B	1.4B	2.2B	1.8B	2.0B	1.5B
Short Long Term Debt Total	3.6B	3.7B	3.8B	4.1B	4.1B	2.9B
Property Plant And Equipment Net	2.0B	2.0B	2.2B	2.3B	2.3B	1.8B
Current Deferred Revenue	213M	314M	294M	(22M)	(25.3M)	(24.0M)
Net Debt	3.6B	3.6B	3.8B	4.0B	4.1B	2.9B
Non Current Assets Total	4.5B	4.4B	4.6B	4.8B	4.9B	4.1B
Non Currrent Assets Other	152M	144M	170M	211M	290M	304.5M
Cash And Short Term Investments	21M	97M	25M	82M	29M	51.8M
Liabilities And Stockholders Equity	5.4B	5.3B	5.8B	6.8B	6.9B	4.6B
Non Current Liabilities Total	3.9B	4.0B	4.1B	4.5B	4.5B	3.3B
Other Stockholder Equity	758M	632M	811M	(1.3B)	978M	1.0B
Property Plant And Equipment Gross	1.5B	1.4B	2.6B	2.8B	3.5B	1.9B
Total Current Assets	924M	847M	1.2B	2.0B	1.9B	1.3B
Net Tangible Assets	(1.4B)	(1.5B)	(1.3B)	(1.2B)	(1.1B)	(1.2B)
Long Term Debt Total	3.1B	3.1B	3.2B	3.6B	4.1B	3.3B
Deferred Long Term Liab	103M	109M	104M	3M	3.5M	3.3M
Non Current Liabilities Other	767M	772M	521M	227M	20M	19M
Common Stock	758M	632M	811M	942M	978M	1.1B

Pair Trading with Sunoco LP

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 Sunoco LP 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 Sunoco LP will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sunoco Stock

0.63

Delek Energy

Pair Corr

Moving against Sunoco Stock

0.31

IEP

Icahn Enterprises

Pair Corr

The ability to find closely correlated positions to Sunoco LP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunoco LP 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 Sunoco LP - 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 Sunoco LP to buy it.

The correlation of Sunoco LP 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 Sunoco LP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunoco LP 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 Sunoco LP 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.

Pair Correlation Correlation Matching

When determining whether Sunoco LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunoco LP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunoco Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunoco Lp Stock:

How To Invest In Sunoco

Details

Is Sunoco Stock a good investment?

Details

What is Sunoco LP's Net Worth?

Details

Largest Oil & Gas Storage & Transportation Companies

View

Largest Oil & Gas Refining & Marketing Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. 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.

To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Oil & Gas Storage & Transportation 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 Sunoco LP. If investors know Sunoco 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 Sunoco LP 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

3.936

Dividend Share

3.469

Earnings Share

3.91

Revenue Per Share

218.578

Quarterly Revenue Growth

(0.09)

The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Sunoco Net Income vs Free Cash Flow Analysis

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Income

Free Cash Flow

Sunoco LP fundamental ratios Correlations

Sunoco LP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sunoco LP fundamental ratios Accounts

Pair Trading with Sunoco LP

Moving together with Sunoco Stock

Moving against Sunoco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Total Liab
Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock Shares Outstanding	+ 0.99	Long Term Debt
Total Liab	+ 0.99	Long Term Debt
Short Long Term Debt Total	+ 0.99	Long Term Debt

Non Currrent Assets Other	- 0.49	Current Deferred Revenue
Current Deferred Revenue	- 0.45	Retained Earnings
Non Currrent Assets Other	- 0.28	Other Assets
Other Assets	- 0.23	Total Stockholder Equity
Non Currrent Assets Other	- 0.2	Total Stockholder Equity
Non Currrent Assets Other	- 0.18	Other Liab