Great Total Current Assets vs Net Receivables Analysis

603336 Stock   4.56  0.20  4.59%   
Great Sun financial indicator trend analysis is much more than just examining Great Sun Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Sun Foods is a good investment. Please check the relationship between Great Sun Total Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Sun Foods Co. 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.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Sun Foods Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Great Sun's Total Current Assets and Net Receivables is 0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Great Sun Foods Co, assuming nothing else is changed. The correlation between historical values of Great Sun's Total Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Great Sun Foods Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Great Sun's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Receivables

Most indicators from Great Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Sun Foods 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 Great Sun Foods Co. 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 December 29, 2024, Selling General Administrative is expected to decline to about 9.3 M. The current year's Tax Provision is expected to grow to about (981.5 K)
 2021 2022 2023 2024 (projected)
Operating Income72.0M60.1M40.7M68.0M
Total Revenue974.3M1.1B1.1B813.5M

Great Sun fundamental ratios Correlations

0.550.720.960.9-0.050.830.860.660.960.90.80.960.870.87-0.070.770.930.950.55-0.810.90.840.930.930.83
0.550.150.550.56-0.470.50.230.280.550.650.260.630.320.34-0.030.410.370.520.91-0.390.50.380.40.350.15
0.720.150.580.520.440.830.910.480.630.670.980.740.90.92-0.30.460.830.840.23-0.70.790.860.770.880.85
0.960.550.580.96-0.190.730.810.70.980.850.670.880.80.790.050.850.840.860.51-0.810.790.740.880.820.71
0.90.560.520.96-0.320.640.750.780.970.780.580.80.710.710.110.910.720.760.45-0.810.650.610.840.710.56
-0.05-0.470.44-0.19-0.320.20.28-0.2-0.19-0.040.39-0.030.280.27-0.31-0.150.220.12-0.290.060.180.310.00.230.41
0.830.50.830.730.640.20.840.470.730.840.910.910.920.94-0.150.520.90.920.65-0.690.930.970.750.890.86
0.860.230.910.810.750.280.840.610.80.760.940.80.970.97-0.210.680.90.890.26-0.770.830.90.860.920.88
0.660.280.480.70.78-0.20.470.610.710.50.480.520.510.550.160.810.520.490.13-0.50.430.440.550.50.47
0.960.550.630.980.97-0.190.730.80.710.850.690.890.790.790.080.850.830.860.5-0.870.760.720.910.820.68
0.90.650.670.850.78-0.040.840.760.50.850.760.920.840.84-0.260.640.880.920.65-0.760.880.80.870.840.76
0.80.260.980.670.580.390.910.940.480.690.760.820.960.97-0.270.510.90.910.36-0.710.890.940.80.940.91
0.960.630.740.880.8-0.030.910.80.520.890.920.820.860.87-0.060.620.930.970.7-0.810.940.880.890.930.82
0.870.320.90.80.710.280.920.970.510.790.840.960.861.0-0.260.60.940.940.39-0.780.90.950.870.950.91
0.870.340.920.790.710.270.940.970.550.790.840.970.871.0-0.260.610.940.940.42-0.770.90.960.860.950.91
-0.07-0.03-0.30.050.11-0.31-0.15-0.210.160.08-0.26-0.27-0.06-0.26-0.260.12-0.23-0.220.04-0.07-0.21-0.17-0.16-0.19-0.25
0.770.410.460.850.91-0.150.520.680.810.850.640.510.620.60.610.120.60.60.28-0.610.530.520.660.580.51
0.930.370.830.840.720.220.90.90.520.830.880.90.930.940.94-0.230.60.970.47-0.740.960.920.890.980.96
0.950.520.840.860.760.120.920.890.490.860.920.910.970.940.94-0.220.60.970.6-0.810.960.930.920.970.88
0.550.910.230.510.45-0.290.650.260.130.50.650.360.70.390.420.040.280.470.6-0.380.630.540.380.450.3
-0.81-0.39-0.7-0.81-0.810.06-0.69-0.77-0.5-0.87-0.76-0.71-0.81-0.78-0.77-0.07-0.61-0.74-0.81-0.38-0.64-0.66-0.93-0.76-0.61
0.90.50.790.790.650.180.930.830.430.760.880.890.940.90.9-0.210.530.960.960.63-0.640.950.80.960.91
0.840.380.860.740.610.310.970.90.440.720.80.940.880.950.96-0.170.520.920.930.54-0.660.950.750.940.91
0.930.40.770.880.840.00.750.860.550.910.870.80.890.870.86-0.160.660.890.920.38-0.930.80.750.890.77
0.930.350.880.820.710.230.890.920.50.820.840.940.930.950.95-0.190.580.980.970.45-0.760.960.940.890.94
0.830.150.850.710.560.410.860.880.470.680.760.910.820.910.91-0.250.510.960.880.3-0.610.910.910.770.94
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Great Sun Account Relationship Matchups

Great Sun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.6B1.8B1.8B1.1B
Other Current Liab14.4M21.4M26.7M20.3M61.3K58.2K
Total Current Liabilities202.7M240.1M293.1M411.9M461.5M484.5M
Total Stockholder Equity873.4M1.1B1.1B1.1B1.1B776.8M
Retained Earnings450.9M431.7M456.7M471.7M434.2M345.4M
Accounts Payable13.8M22.4M17.6M21.4M52.1M54.7M
Other Assets13.5M41.2M37.4M29.6M34.0M35.7M
Net Receivables294.7M349.0M422.5M556.6M640.9M673.0M
Inventory320.2M357.4M361.7M392.1M378.6M266.8M
Other Current Assets42.7M54.9M97.8M61.6M68.0M41.6M
Total Liab208.3M437.2M500.7M631.5M693.1M727.8M
Intangible Assets57.9M112.5M109.0M109.1M106.5M59.6M
Common Stock173.4M225.4M337.4M438.7M504.5M529.7M
Property Plant Equipment167.9M252.4M377.8M460.6M529.7M556.2M
Cash45.3M126.5M23.2M44.3M38.7M55.2M
Other Liab4.9M5.7M5.6M5.7M6.6M5.2M
Net Tangible Assets762.0M815.1M957.8M982.3M1.1B914.8M
Non Current Assets Total379.4M588.2M665.6M711.9M709.8M503.7M
Non Currrent Assets Other10.0M37.2M30.6M22.0M729.2K692.8K
Non Current Liabilities Total5.7M197.1M207.6M219.6M231.7M120.6M
Other Stockholder Equity(81.5K)(90.5K)39.8M35.2M40.5M42.5M
Deferred Long Term Liab5.8M3.9M6.7M7.3M8.4M4.7M
Total Current Assets703.4M922.3M929.2M1.1B1.1B925.4M
Net Invested Capital1.0B1.4B1.5B1.7B1.8B1.4B
Net Working Capital500.8M682.2M636.1M655.3M672.3M679.8M
Short Long Term Debt165.2M182M230.0M344.8M398.1M265.9M
Capital Stock225.4M337.4M438.7M438.7M570.4M400.4M

Currently Active Assets on Macroaxis

Other Information on Investing in Great Stock

Balance Sheet is a snapshot of the financial position of Great Sun Foods at a specified time, usually calculated after every quarter, six months, or one year. Great Sun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great Sun 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 Great currently owns. An asset can also be divided into two categories, current and non-current.