Suncor Other Liab from 2010 to 2024
| SU Stock | USD 40.30 0.18 0.45% |
Other Liabilities | First Reported 2000-03-31 | Previous Quarter 19.7 B | Current Value 18.7 B | Quarterly Volatility 7.4 B |
Check Suncor Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Suncor main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 B, Interest Expense of 1.1 B or Selling General Administrative of 4.7 B, as well as many exotic indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.0471 or PTB Ratio of 2.54. Suncor financial statements analysis is a perfect complement when working with Suncor Energy Valuation or Volatility modules.
Suncor | Other Liab |
Latest Suncor Energy's Other Liab Growth Pattern
Below is the plot of the Other Liab of Suncor Energy over the last few years. It is Suncor Energy's Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Suncor Energy's overall financial position and show how it may be relating to other accounts over time.
| Other Liab | 10 Years Trend |
|
Other Liab |
| Timeline |
Suncor Other Liab Regression Statistics
| Arithmetic Mean | 15,189,970,761 | |
| Geometric Mean | 10,589,137,185 | |
| Coefficient Of Variation | 53.15 | |
| Mean Deviation | 7,265,762,420 | |
| Median | 19,852,000,000 | |
| Standard Deviation | 8,073,262,591 | |
| Sample Variance | 65177568.9T | |
| Range | 23.3B | |
| R-Value | 0.89 | |
| Mean Square Error | 14405737.9T | |
| R-Squared | 0.79 | |
| Slope | 1,609,360,311 | |
| Total Sum of Squares | 912485964.1T |
Suncor Other Liab History
About Suncor Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Suncor Energy income statement, its balance sheet, and the statement of cash flows. Suncor Energy investors use historical funamental indicators, such as Suncor Energy's Other Liab, to determine how well the company is positioned to perform in the future. Although Suncor Energy investors may use each financial statement separately, they are all related. The changes in Suncor Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Suncor Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Suncor Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Suncor Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Liabilities | 22.4 B | 23.5 B |
Pair Trading with Suncor Energy
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 Suncor Energy 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 Suncor Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Suncor Stock
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The ability to find closely correlated positions to Suncor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suncor Energy 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 Suncor Energy - 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 Suncor Energy to buy it.
The correlation of Suncor Energy 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 Suncor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suncor Energy 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 Suncor Energy 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.Check out the analysis of Suncor Energy Correlation against competitors. For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running Suncor Energy's price analysis, check to measure Suncor Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.
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Is Suncor Energy's industry 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 Suncor Energy. If investors know Suncor 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 Suncor Energy 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 (0.19) | Dividend Share 2.13 | Earnings Share 4.41 | Revenue Per Share 38.188 | Quarterly Revenue Growth 0.039 |
The market value of Suncor Energy is measured differently than its book value, which is the value of Suncor that is recorded on the company's balance sheet. Investors also form their own opinion of Suncor Energy's value that differs from its market value or its book value, called intrinsic value, which is Suncor Energy'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 Suncor Energy's market value can be influenced by many factors that don't directly affect Suncor Energy'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 Suncor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncor Energy'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.