ISun Cash Ratio vs Ptb Ratio Analysis
| ISUN Stock | USD 0.13 0.01 7.14% |
ISun financial indicator trend analysis is infinitely more than just investigating iSun Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSun Inc is a good investment. Please check the relationship between ISun Cash Ratio and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iSun Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
Cash Ratio vs Ptb Ratio
Cash Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSun Inc Cash Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between ISun's Cash Ratio and Ptb Ratio is -0.92. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of iSun Inc, assuming nothing else is changed. The correlation between historical values of ISun's Cash Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Ratio of iSun Inc are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Cash Ratio i.e., ISun's Cash Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash Ratio
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from ISun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSun Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iSun Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. At this time, ISun's Selling General Administrative is very stable compared to the past year. As of the 5th of May 2024, Tax Provision is likely to grow to about 26.2 K, while Sales General And Administrative To Revenue is likely to drop 0.23.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 45.3M | 76.5M | 95.7M | 100.5M | Depreciation And Amortization | 982.0K | 6.6M | 3.7M | 1.9M |
ISun fundamental ratios Correlations
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ISun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ISun fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 16.1M | 19.6M | 103.7M | 104.6M | 66.7M | 44.1M | |
| Other Current Liab | 147.1K | 200.7K | 7.7M | 5.9M | 5.4M | 5.7M | |
| Total Current Liabilities | 8.5M | 8.2M | 34.4M | 30.2M | 35.4M | 37.1M | |
| Total Stockholder Equity | 4.4M | 9.0M | 59.9M | 56.4M | 13.1M | 24.6M | |
| Net Debt | 6.2M | 3.8M | 14.1M | 15.4M | 13.0M | 13.7M | |
| Retained Earnings | 3.6M | 3.3M | (1.0M) | (17.6M) | (74.2M) | (70.5M) | |
| Cash | 95.9K | 699.2K | 2.2M | 5.5M | 3.5M | 3.6M | |
| Non Current Assets Total | 7.2M | 11.1M | 79.6M | 78.9M | 35.2M | 33.2M | |
| Non Currrent Assets Other | 365.0K | (11.1M) | (6.8M) | (5.3M) | 30K | 28.5K | |
| Cash And Short Term Investments | 95.9K | 699.2K | 2.2M | 5.5M | 3.5M | 3.6M | |
| Common Stock Shares Outstanding | 4.4M | 5.3M | 9.3M | 14.1M | 26.7M | 28.0M | |
| Liabilities And Stockholders Equity | 16.1M | 19.6M | 103.7M | 104.6M | 66.7M | 44.1M | |
| Non Current Liabilities Total | 3.2M | 2.4M | 9.5M | 18.0M | 18.2M | 19.1M | |
| Other Stockholder Equity | 826.4K | 5.7M | 60.9M | 74.1M | 87.3M | 91.7M | |
| Total Liab | 11.7M | 10.6M | 43.9M | 48.2M | 53.6M | 56.3M | |
| Total Current Assets | 8.9M | 8.5M | 24.1M | 25.7M | 31.5M | 33.1M | |
| Common Stock | 529.0 | 531.0 | 1.2K | 2K | 5K | 4.8K | |
| Other Current Assets | 201.3K | 215.0K | 1.1M | 1.6M | 973K | 504.1K | |
| Short Long Term Debt Total | 6.3M | 4.5M | 16.3M | 20.9M | 16.5M | 9.5M | |
| Accounts Payable | 3.9M | 4.1M | 13.2M | 12.9M | 20.5M | 21.6M | |
| Short Term Debt | 4.3M | 2.8M | 11.2M | 6.0M | 2.4M | 4.3M | |
| Net Tangible Assets | 5.1M | 4.0M | 9.0M | 4.0M | 4.7M | 5.9M | |
| Net Receivables | 8.6M | 7.6M | 18.3M | 16.1M | 25.5M | 13.0M | |
| Net Invested Capital | 9.6M | 13.5M | 76.2M | 70.0M | 22.9M | 37.5M | |
| Short Long Term Debt | 3.6M | 2.8M | 11.2M | 5.4M | 1.8M | 1.7M | |
| Net Working Capital | 362.6K | 242.9K | (10.3M) | (4.5M) | (3.9M) | (4.1M) | |
| Property Plant Equipment | 7.1M | 6.7M | 6.1M | 11.0M | 12.7M | 7.9M | |
| Capital Stock | 529.0 | 551.0 | 1.2K | 2K | 5K | 5.3K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ISun in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ISun's short interest history, or implied volatility extrapolated from ISun options trading.
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When running ISun's price analysis, check to measure ISun'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 ISun is operating at the current time. Most of ISun's value examination focuses on studying past and present price action to predict the probability of ISun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ISun's price. Additionally, you may evaluate how the addition of ISun to your portfolios can decrease your overall portfolio volatility.
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Is ISun'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 ISun. If investors know ISun 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 ISun 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 5.936 | Earnings Share (0.73) | Revenue Per Share 3.583 | Quarterly Revenue Growth (0.02) | Return On Assets (0.08) |
The market value of iSun Inc is measured differently than its book value, which is the value of ISun that is recorded on the company's balance sheet. Investors also form their own opinion of ISun's value that differs from its market value or its book value, called intrinsic value, which is ISun'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 ISun's market value can be influenced by many factors that don't directly affect ISun'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 ISun's value and its price as these two are different measures arrived at by different means. Investors typically determine if ISun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ISun'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.