Sunny Common Stock vs Accounts Payable Analysis

600830 Stock   10.15  0.04  0.39%   
Sunny Loan financial indicator trend analysis is much more than just breaking down Sunny Loan Top prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunny Loan Top is a good investment. Please check the relationship between Sunny Loan Common Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunny Loan Top. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunny Loan Top Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Sunny Loan's Common Stock and Accounts Payable is 0.06. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sunny Loan Top, assuming nothing else is changed. The correlation between historical values of Sunny Loan's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Sunny Loan Top are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Sunny Loan's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Sunny Loan 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 Sunny Loan Top 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.
Most indicators from Sunny Loan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunny Loan Top 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunny Loan Top. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 28, 2024, Selling General Administrative is expected to decline to about 66.3 M. In addition to that, Tax Provision is expected to decline to about 21.4 M
 2021 2022 2023 2024 (projected)
Operating Income106.8M64.6M74.8M88.8M
Total Revenue260.9M255.2M262.6M249.5M

Sunny Loan fundamental ratios Correlations

0.180.450.910.870.190.690.650.18-0.42-0.40.390.70.680.84-0.720.430.470.45-0.530.28-0.550.3-0.230.30.05
0.180.660.180.130.830.05-0.390.83-0.05-0.01-0.320.370.320.170.09-0.45-0.54-0.710.53-0.60.49-0.570.14-0.57-0.23
0.450.660.20.120.88-0.020.040.7-0.380.00.440.870.470.29-0.060.130.13-0.180.310.010.3-0.280.32-0.280.24
0.910.180.20.950.030.740.610.13-0.29-0.360.130.420.570.92-0.690.250.270.34-0.540.07-0.560.26-0.40.26-0.13
0.870.130.120.950.00.780.540.15-0.11-0.570.040.370.720.76-0.820.130.30.38-0.670.02-0.690.32-0.570.32-0.18
0.190.830.880.030.0-0.18-0.380.83-0.1-0.070.10.620.450.060.13-0.23-0.24-0.50.54-0.30.53-0.520.29-0.520.08
0.690.05-0.020.740.78-0.180.5-0.03-0.37-0.520.050.150.490.54-0.720.310.240.37-0.660.08-0.680.49-0.250.49-0.51
0.65-0.390.040.610.54-0.380.5-0.29-0.36-0.130.510.390.190.62-0.580.610.790.68-0.710.58-0.690.5-0.350.50.3
0.180.830.70.130.150.83-0.03-0.290.13-0.15-0.180.520.510.07-0.05-0.55-0.2-0.520.35-0.640.31-0.62-0.01-0.62-0.18
-0.42-0.05-0.38-0.29-0.11-0.1-0.37-0.360.13-0.1-0.56-0.350.06-0.470.0-0.74-0.22-0.270.04-0.450.05-0.35-0.52-0.35-0.08
-0.4-0.010.0-0.36-0.57-0.07-0.52-0.13-0.15-0.1-0.06-0.18-0.64-0.030.560.0-0.24-0.230.5-0.050.51-0.30.39-0.30.2
0.39-0.320.440.130.040.10.050.51-0.18-0.56-0.060.540.150.28-0.190.80.690.65-0.220.75-0.180.480.340.480.39
0.70.370.870.420.370.620.150.390.52-0.35-0.180.540.590.43-0.330.30.50.16-0.070.24-0.09-0.110.09-0.110.39
0.680.320.470.570.720.450.490.190.510.06-0.640.150.590.33-0.77-0.040.330.21-0.47-0.05-0.480.12-0.440.12-0.13
0.840.170.290.920.760.060.540.620.07-0.47-0.030.280.430.33-0.460.380.230.34-0.340.15-0.350.22-0.170.220.01
-0.720.09-0.06-0.69-0.820.13-0.72-0.58-0.050.00.56-0.19-0.33-0.77-0.46-0.19-0.52-0.590.85-0.190.86-0.530.63-0.530.19
0.43-0.450.130.250.13-0.230.310.61-0.55-0.740.00.80.3-0.040.38-0.190.590.68-0.350.88-0.310.660.30.660.35
0.47-0.540.130.270.3-0.240.240.79-0.2-0.22-0.240.690.50.330.23-0.520.590.76-0.680.66-0.660.42-0.250.420.44
0.45-0.71-0.180.340.38-0.50.370.68-0.52-0.27-0.230.650.160.210.34-0.590.680.76-0.750.66-0.740.81-0.170.810.15
-0.530.530.31-0.54-0.670.54-0.66-0.710.350.040.5-0.22-0.07-0.47-0.340.85-0.35-0.68-0.75-0.40.99-0.660.64-0.660.07
0.28-0.60.010.070.02-0.30.080.58-0.64-0.45-0.050.750.24-0.050.15-0.190.880.660.66-0.4-0.350.580.110.580.57
-0.550.490.3-0.56-0.690.53-0.68-0.690.310.050.51-0.18-0.09-0.48-0.350.86-0.31-0.66-0.740.99-0.35-0.630.63-0.630.11
0.3-0.57-0.280.260.32-0.520.490.5-0.62-0.35-0.30.48-0.110.120.22-0.530.660.420.81-0.660.58-0.63-0.131.0-0.09
-0.230.140.32-0.4-0.570.29-0.25-0.35-0.01-0.520.390.340.09-0.44-0.170.630.3-0.25-0.170.640.110.63-0.13-0.13-0.05
0.3-0.57-0.280.260.32-0.520.490.5-0.62-0.35-0.30.48-0.110.120.22-0.530.660.420.81-0.660.58-0.631.0-0.13-0.09
0.05-0.230.24-0.13-0.180.08-0.510.3-0.18-0.080.20.390.39-0.130.010.190.350.440.150.070.570.11-0.09-0.05-0.09
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Sunny Loan Account Relationship Matchups

Sunny Loan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.0B3.5B3.6B3.9B2.5B
Other Current Liab186.3M139.7M132.4M111.2M2.0M1.9M
Total Current Liabilities242.6M213.8M430.4M492.2M584.8M539.7M
Total Stockholder Equity2.1B2.1B2.1B2.1B2.1B1.5B
Retained Earnings1.1B1.1B1.1B980.9M998.3M617.9M
Accounts Payable7.0M2.9M24.6M3.8M3.7M3.6M
Cash1.3B802.9M1.0B1.2B682.3M644.8M
Other Assets1.7B1.1B1.4B1.9B2.2B2.3B
Net Receivables185.4M19.1M6.8M5.3M12.4M11.7M
Short Term Investments57.4M30.4M59.9M10M9M8.6M
Inventory6.3M596.5K1.8M4.6M49.0M70.3M
Other Current Assets3.5M96.2M198.3M512.9M990.6M1.0B
Total Liab242.6M302.7M809.4M848.7M1.2B674.5M
Intangible Assets43.2M40.4M37.5M37.1M34.7M25.6M
Property Plant Equipment80.6M76.2M63.5M104.2M93.8M127.9M
Net Tangible Assets2.0B2.1B2.0B2.1B2.4B2.2B
Deferred Long Term Liab858.4K366.7K2.6M3.3M3.8M4.0M
Total Current Assets1.6B1.1B1.3B1.8B1.8B1.6B
Non Current Assets Total1.4B1.9B2.2B1.8B2.2B2.1B
Non Currrent Assets Other168.1M375.4M201.8M1.4M81.3M77.2M
Non Current Liabilities Total0.088.9M379.0M356.5M580.0M334.7M
Net Invested Capital2.1B2.2B2.5B2.4B2.7B2.6B
Net Working Capital1.3B866.4M867.4M1.3B1.2B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Sunny Stock

Balance Sheet is a snapshot of the financial position of Sunny Loan Top at a specified time, usually calculated after every quarter, six months, or one year. Sunny Loan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunny Loan and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sunny currently owns. An asset can also be divided into two categories, current and non-current.