Sun Gross Profit vs Income Before Tax Analysis

SUI Stock

USD 123.66 1.10 0.88%

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

For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Communities Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Sun Communities' Gross Profit and Income Before Tax is -0.06. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Sun Communities, assuming nothing else is changed. The correlation between historical values of Sun Communities' Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sun Communities are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Sun Communities' Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sun Communities minus its cost of goods sold. It is profit before Sun Communities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sun Communities income statement and is an important metric when analyzing Sun Communities profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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

For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.As of now, Sun Communities' Selling General Administrative is increasing as compared to previous years. The Sun Communities' current Enterprise Value is estimated to increase to about 1.7 B, while Tax Provision is forecasted to increase to (3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.4B	1.5B	1.6B
Total Revenue	2.3B	2.9B	3.2B	3.3B

Gross Profit Total Revenue

Sun Communities fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Cash	Cash And Short Term Investments	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Short Term Debt	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.99	0.99	0.63	0.98	-0.94	1.0	0.45	0.5	0.92	0.97	0.98	1.0	0.99	0.96	0.17	0.82	0.5	0.57	0.97	0.33	0.97	0.93	0.93	-0.33	0.97
Short Long Term Debt Total	0.99		0.97	0.6	1.0	-0.91	0.99	0.47	0.58	0.96	0.94	0.99	0.98	0.99	0.98	0.15	0.76	0.5	0.57	0.93	0.35	0.93	0.94	0.94	-0.28	0.99
Total Stockholder Equity	0.99	0.97		0.55	0.96	-0.92	0.99	0.54	0.55	0.9	0.97	0.96	1.0	0.97	0.96	0.08	0.77	0.55	0.65	0.97	0.29	0.97	0.9	0.87	-0.22	0.97
Property Plant And Equipment Net	0.63	0.6	0.55		0.63	-0.71	0.64	-0.41	-0.15	0.52	0.54	0.57	0.6	0.69	0.46	0.6	0.9	-0.08	-0.15	0.6	0.12	0.6	0.71	0.8	-0.93	0.52
Net Debt	0.98	1.0	0.96	0.63		-0.92	0.98	0.43	0.53	0.95	0.93	0.99	0.97	0.99	0.97	0.24	0.78	0.47	0.52	0.93	0.35	0.93	0.95	0.95	-0.32	0.98
Retained Earnings	-0.94	-0.91	-0.92	-0.71	-0.92		-0.95	-0.3	-0.28	-0.85	-0.96	-0.91	-0.95	-0.95	-0.86	-0.26	-0.85	-0.42	-0.43	-0.97	-0.53	-0.97	-0.85	-0.87	0.47	-0.89
Non Current Assets Total	1.0	0.99	0.99	0.64	0.98	-0.95		0.44	0.49	0.92	0.97	0.98	1.0	0.99	0.95	0.18	0.82	0.49	0.57	0.97	0.33	0.97	0.93	0.93	-0.33	0.97
Non Currrent Assets Other	0.45	0.47	0.54	-0.41	0.43	-0.3	0.44		0.76	0.48	0.53	0.5	0.48	0.38	0.59	-0.49	-0.08	0.67	0.84	0.46	0.26	0.46	0.27	0.16	0.69	0.55
Other Assets	0.5	0.58	0.55	-0.15	0.53	-0.28	0.49	0.76		0.65	0.46	0.6	0.5	0.47	0.7	-0.53	0.0	0.54	0.75	0.39	0.1	0.39	0.45	0.42	0.48	0.64
Net Receivables	0.92	0.96	0.9	0.52	0.95	-0.85	0.92	0.48	0.65		0.89	0.97	0.91	0.93	0.97	0.05	0.63	0.46	0.5	0.87	0.41	0.87	0.86	0.9	-0.21	0.97
Common Stock Shares Outstanding	0.97	0.94	0.97	0.54	0.93	-0.96	0.97	0.53	0.46	0.89		0.95	0.98	0.95	0.92	0.08	0.74	0.5	0.58	0.99	0.43	0.99	0.82	0.83	-0.24	0.95
Non Current Liabilities Total	0.98	0.99	0.96	0.57	0.99	-0.91	0.98	0.5	0.6	0.97	0.95		0.97	0.98	0.98	0.12	0.71	0.49	0.56	0.94	0.39	0.94	0.9	0.92	-0.24	1.0
Other Stockholder Equity	1.0	0.98	1.0	0.6	0.97	-0.95	1.0	0.48	0.5	0.91	0.98	0.97		0.98	0.95	0.14	0.8	0.52	0.6	0.98	0.33	0.98	0.91	0.9	-0.29	0.97
Total Liab	0.99	0.99	0.97	0.69	0.99	-0.95	0.99	0.38	0.47	0.93	0.95	0.98	0.98		0.95	0.23	0.84	0.45	0.5	0.95	0.36	0.95	0.95	0.95	-0.39	0.97
Total Current Assets	0.96	0.98	0.96	0.46	0.97	-0.86	0.95	0.59	0.7	0.97	0.92	0.98	0.95	0.95		0.02	0.65	0.6	0.67	0.9	0.36	0.9	0.89	0.88	-0.12	0.98
Other Current Liab	0.17	0.15	0.08	0.6	0.24	-0.26	0.18	-0.49	-0.53	0.05	0.08	0.12	0.14	0.23	0.02		0.51	-0.16	-0.44	0.14	-0.02	0.14	0.32	0.35	-0.7	0.06
Total Current Liabilities	0.82	0.76	0.77	0.9	0.78	-0.85	0.82	-0.08	0.0	0.63	0.74	0.71	0.8	0.84	0.65	0.51		0.23	0.2	0.79	0.17	0.79	0.87	0.84	-0.74	0.68
Cash	0.5	0.5	0.55	-0.08	0.47	-0.42	0.49	0.67	0.54	0.46	0.5	0.49	0.52	0.45	0.6	-0.16	0.23		0.85	0.48	0.28	0.48	0.44	0.3	0.3	0.51
Cash And Short Term Investments	0.57	0.57	0.65	-0.15	0.52	-0.43	0.57	0.84	0.75	0.5	0.58	0.56	0.6	0.5	0.67	-0.44	0.2	0.85		0.54	0.19	0.54	0.48	0.32	0.45	0.6
Common Stock Total Equity	0.97	0.93	0.97	0.6	0.93	-0.97	0.97	0.46	0.39	0.87	0.99	0.94	0.98	0.95	0.9	0.14	0.79	0.48	0.54		0.4	1.0	0.83	0.84	-0.32	0.93
Property Plant And Equipment Gross	0.33	0.35	0.29	0.12	0.35	-0.53	0.33	0.26	0.1	0.41	0.43	0.39	0.33	0.36	0.36	-0.02	0.17	0.28	0.19	0.4		0.4	0.2	0.23	-0.06	0.37
Common Stock	0.97	0.93	0.97	0.6	0.93	-0.97	0.97	0.46	0.39	0.87	0.99	0.94	0.98	0.95	0.9	0.14	0.79	0.48	0.54	1.0	0.4		0.83	0.84	-0.32	0.93
Short Term Debt	0.93	0.94	0.9	0.71	0.95	-0.85	0.93	0.27	0.45	0.86	0.82	0.9	0.91	0.95	0.89	0.32	0.87	0.44	0.48	0.83	0.2	0.83		0.95	-0.43	0.88
Other Liab	0.93	0.94	0.87	0.8	0.95	-0.87	0.93	0.16	0.42	0.9	0.83	0.92	0.9	0.95	0.88	0.35	0.84	0.3	0.32	0.84	0.23	0.84	0.95		-0.54	0.9
Accounts Payable	-0.33	-0.28	-0.22	-0.93	-0.32	0.47	-0.33	0.69	0.48	-0.21	-0.24	-0.24	-0.29	-0.39	-0.12	-0.7	-0.74	0.3	0.45	-0.32	-0.06	-0.32	-0.43	-0.54		-0.18
Long Term Debt	0.97	0.99	0.97	0.52	0.98	-0.89	0.97	0.55	0.64	0.97	0.95	1.0	0.97	0.97	0.98	0.06	0.68	0.51	0.6	0.93	0.37	0.93	0.88	0.9	-0.18

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Sun Communities Account Relationship Matchups

Sun Communities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.8B	11.2B	13.5B	17.1B	16.9B	17.8B
Short Long Term Debt Total	3.4B	4.8B	6.7B	9.3B	8.0B	8.3B
Total Stockholder Equity	3.8B	5.5B	6.6B	7.8B	7.1B	7.4B
Net Debt	3.3B	4.6B	5.6B	9.2B	7.9B	8.3B
Retained Earnings	(1.4B)	(1.6B)	(1.6B)	(1.7B)	(2.4B)	(2.3B)
Non Current Assets Total	7.5B	10.7B	12.7B	16.0B	16.2B	17.0B
Non Currrent Assets Other	7.4B	10.0B	11.9B	14.6B	266.9M	253.6M
Other Assets	61.4M	265.0M	14.1B	14.3B	11.7M	11.1M
Net Receivables	157.9M	221.7M	469.6M	617.3M	477.8M	501.7M
Common Stock Shares Outstanding	88.5M	97.5M	112.6M	122.9M	123.8M	130.0M
Liabilities And Stockholders Equity	7.8B	11.2B	13.5B	17.1B	16.9B	17.8B
Non Current Liabilities Total	3.4B	3.9B	6.2B	8.3B	6.9B	7.3B
Other Stockholder Equity	5.2B	6.9B	7.9B	9.5B	9.5B	9.9B
Total Liab	3.9B	5.6B	6.8B	9.2B	9.5B	10.0B
Total Current Assets	349.5M	491.3M	785.7M	1.0B	726.1M	762.4M
Other Current Liab	71.7M	87.0M	(698.9M)	155.5M	431.9M	453.5M
Total Current Liabilities	516.3M	1.7B	578.7M	859.7M	2.8B	3.0B
Cash	34.8M	98.3M	78.2M	90.4M	42.7M	29.5M
Cash And Short Term Investments	129.6M	223.0M	265.1M	217.7M	40.9M	52.5M
Common Stock Total Equity	932K	1.1M	1.2M	1.2M	1.4M	1.4M
Common Stock	932K	1.1M	1.2M	1.2M	1.4M	1.4M
Short Term Debt	183.9M	1.2B	1.0B	2.1B	2.1B	2.2B
Other Liab	186.4M	322.4M	755.7M	1.3B	1.5B	1.6B
Accounts Payable	127.3M	148.4M	361M	396.3M	(805M)	(764.8M)
Long Term Debt	3.3B	3.5B	5.7B	7.2B	5.7B	6.0B
Accumulated Other Comprehensive Income	(1.3M)	3.2M	3.1M	(9.9M)	12.2M	12.8M
Inventory	62.1M	46.6M	51.1M	202.7M	205.6M	215.9M
Short Term Investments	94.7M	124.7M	186.9M	127.3M	(4.9M)	(4.7M)
Other Current Assets	(254.8M)	(360.9M)	(598.9M)	(910.4M)	1.8M	1.9M
Intangible Assets	67.5M	305.6M	306.8M	402M	369.5M	388.0M
Net Tangible Assets	3.9B	5.1B	6.1B	6.6B	7.6B	8.0B
Noncontrolling Interest In Consolidated Entity	56.2M	102.1M	106.7M	78.7M	90.5M	70.2M
Retained Earnings Total Equity	(1.4B)	(1.6B)	(1.6B)	(1.7B)	(1.6B)	(1.6B)
Long Term Debt Total	3.3B	3.5B	5.7B	7.2B	8.3B	8.7B
Capital Surpluse	5.2B	7.1B	8.2B	9.5B	11.0B	11.5B

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When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' 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 Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:

How To Invest In Sun

Details

Is Sun Stock a good investment?

Details

What is Sun Communities' Net Worth?

Details

Largest Single-Family Residential REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

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

For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Is Single-Family Residential REITs 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 Sun Communities. If investors know Sun 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 Sun Communities 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

1.391

Dividend Share

3.75

Earnings Share

1.85

Revenue Per Share

25.753

Quarterly Revenue Growth

(0.03)

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

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Sun Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

Sun Communities fundamental ratios Correlations

Sun Communities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sun Communities fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Non Current Assets Total
Long Term Debt	+ 1.0	Non Current Liabilities Total

Common Stock	- 0.97	Retained Earnings
Common Stock Total Equity	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Total Liab	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Non Current Assets Total	- 0.95	Retained Earnings