Sunrise Net Receivables vs Property Plant And Equipment Net Analysis

EPOW Stock  USD 0.73  0.07  8.75%   
Sunrise New financial indicator trend analysis is much more than just breaking down Sunrise New Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunrise New Energy is a good investment. Please check the relationship between Sunrise New Net Receivables and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sunrise New Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Receivables vs Property Plant And Equipment Net

Net Receivables vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunrise New Energy Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sunrise New's Net Receivables and Property Plant And Equipment Net is 0.55. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Sunrise New Energy, assuming nothing else is changed. The correlation between historical values of Sunrise New's Net Receivables and Property Plant And Equipment Net 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 Receivables of Sunrise New Energy are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Sunrise New's Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Sunrise New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunrise New Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sunrise New Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.3M27.1K31.2K29.6K
Depreciation And Amortization1.1M2.3M4.3M4.5M

Sunrise New fundamental ratios Correlations

0.890.890.260.95-0.740.85-0.560.9-0.470.990.66-0.10.720.470.950.780.850.90.880.9-0.150.810.910.610.73
0.890.94-0.070.94-0.620.9-0.70.95-0.560.920.33-0.310.530.240.850.570.610.940.660.96-0.250.550.670.310.4
0.890.94-0.180.98-0.460.98-0.821.0-0.730.950.29-0.460.510.480.830.510.61.00.580.990.020.530.710.30.36
0.26-0.07-0.18-0.05-0.71-0.280.6-0.150.650.110.660.860.62-0.020.170.370.5-0.170.64-0.16-0.480.650.50.690.83
0.950.940.98-0.05-0.540.97-0.780.98-0.690.990.46-0.370.550.50.920.670.720.990.70.980.00.630.780.410.49
-0.74-0.62-0.46-0.71-0.54-0.34-0.08-0.49-0.18-0.64-0.59-0.43-0.89-0.09-0.64-0.57-0.67-0.47-0.9-0.480.7-0.85-0.78-0.58-0.84
0.850.90.98-0.280.97-0.34-0.890.98-0.830.920.28-0.580.40.540.840.540.570.990.520.970.150.460.640.240.28
-0.56-0.7-0.820.6-0.78-0.08-0.89-0.810.91-0.68-0.070.720.04-0.44-0.59-0.33-0.36-0.82-0.15-0.82-0.47-0.08-0.29-0.080.09
0.90.951.0-0.150.98-0.490.98-0.81-0.710.950.3-0.430.520.470.840.520.621.00.61.0-0.010.550.710.330.38
-0.47-0.56-0.730.65-0.69-0.18-0.830.91-0.71-0.59-0.020.890.04-0.61-0.57-0.33-0.21-0.73-0.08-0.69-0.52-0.04-0.210.140.17
0.990.920.950.110.99-0.640.92-0.680.95-0.590.57-0.230.640.510.950.730.80.950.80.95-0.050.730.860.540.62
0.660.330.290.660.46-0.590.28-0.070.3-0.020.570.370.450.340.710.870.850.320.820.31-0.020.680.670.830.85
-0.1-0.31-0.460.86-0.37-0.43-0.580.72-0.430.89-0.230.370.27-0.38-0.230.00.22-0.450.28-0.41-0.440.290.150.570.53
0.720.530.510.620.55-0.890.40.040.520.040.640.450.270.350.590.460.610.510.840.5-0.520.920.860.470.79
0.470.240.48-0.020.5-0.090.54-0.440.47-0.610.510.34-0.380.350.480.330.430.490.320.410.50.40.440.280.33
0.950.850.830.170.92-0.640.84-0.590.84-0.570.950.71-0.230.590.480.890.810.850.850.84-0.080.720.80.50.63
0.780.570.510.370.67-0.570.54-0.330.52-0.330.730.870.00.460.330.890.820.540.840.54-0.050.690.680.570.66
0.850.610.60.50.72-0.670.57-0.360.62-0.210.80.850.220.610.430.810.820.620.890.620.030.840.810.870.81
0.90.941.0-0.170.99-0.470.99-0.821.0-0.730.950.32-0.450.510.490.850.540.620.61.00.020.550.720.310.38
0.880.660.580.640.7-0.90.52-0.150.6-0.080.80.820.280.840.320.850.840.890.60.6-0.360.940.90.720.9
0.90.960.99-0.160.98-0.480.97-0.821.0-0.690.950.31-0.410.50.410.840.540.621.00.6-0.010.540.720.330.38
-0.15-0.250.02-0.480.00.70.15-0.47-0.01-0.52-0.05-0.02-0.44-0.520.5-0.08-0.050.030.02-0.36-0.01-0.31-0.210.03-0.31
0.810.550.530.650.63-0.850.46-0.080.55-0.040.730.680.290.920.40.720.690.840.550.940.54-0.310.920.670.87
0.910.670.710.50.78-0.780.64-0.290.71-0.210.860.670.150.860.440.80.680.810.720.90.72-0.210.920.680.86
0.610.310.30.690.41-0.580.24-0.080.330.140.540.830.570.470.280.50.570.870.310.720.330.030.670.680.86
0.730.40.360.830.49-0.840.280.090.380.170.620.850.530.790.330.630.660.810.380.90.38-0.310.870.860.86
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Sunrise New Account Relationship Matchups

Sunrise New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0M39.7M58.7M107.0M120.5M126.5M
Other Current Liab3.2M529.2K330.9K5.0M9.4M9.9M
Total Current Liabilities6.9M5.6M1.7M26.0M63.5M66.7M
Total Stockholder Equity19.8M34.0M53.9M28.7M2.6M2.5M
Property Plant And Equipment Net1.8M3.5M4.9M45.3M71.5M75.1M
Current Deferred Revenue583.5K250.3K179.4K694.7K690.2K1.1M
Net Debt(9.1M)(10.9M)(13.8M)8.1M26.4M27.7M
Retained Earnings14.4M25.7M17.3M(6.2M)(30.5M)(28.9M)
Accounts Payable2.8M33.7K34.5K12.3M33.9M35.6M
Cash9.4M11.0M13.9M4.3M1.4M1.3M
Non Current Assets Total7.8M12.1M24.4M62.4M84.7M88.9M
Non Currrent Assets Other409.7K593.6K7.0M10.1M1.5M3.0M
Cash And Short Term Investments9.4M11.0M20.5M7.6M3.6M3.4M
Net Receivables5.9M12.6M8.1M6.0M10.4M7.0M
Liabilities And Stockholders Equity27.0M39.7M58.7M107.0M120.5M126.5M
Inventory3.3M2.7M3.1M21.2M15.8M16.6M
Other Current Assets480.3K1.3M3.3M15.3M6.0M4.3M
Other Stockholder Equity4.3M4.5M32.0M33.8M32.6M18.1M
Total Liab7.0M5.6M1.7M33.7M75.2M78.9M
Total Current Assets19.2M27.7M34.3M44.6M35.8M28.7M
Accumulated Other Comprehensive Income1.0M3.9M4.6M1.1M488.9K464.4K
Short Term Debt263.8K63.3K99.6K7.6M19.0M19.9M
Non Current Liabilities Total104.8K3.2K313.5K7.6M11.7M12.3M
Net Invested Capital19.8M34.0M53.9M42.8M25.5M34.2M
Long Term Investments582.1K3.1M5.4M3.0M1.9M2.6M
Net Working Capital12.7M22.7M32.6M18.6M(27.7M)(26.3M)

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