ISun Net Income vs Market Cap 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 Net Income and its Market Cap 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.
Net Income vs Market Cap
Net Income vs Market Cap Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSun Inc Net Income account and Market Cap. At this time, the significance of the direction appears to have very week relationship.
The correlation between ISun's Net Income and Market Cap is 0.22. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Market Cap 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 Net Income and Market Cap 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 Income of iSun Inc are associated (or correlated) with its Market Cap. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Market Cap has no effect on the direction of Net Income i.e., ISun's Net Income and Market Cap go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in iSun Inc financial statement analysis. It represents the amount of money remaining after all of iSun Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Market Cap
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
Click cells to compare fundamentals
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 |
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Try AI Portfolio ArchitectCheck 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. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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.