ISun Other Current Assets vs Non Current Liabilities Total Analysis

ISUN Stock  USD 0.08  0.03  26.18%   
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 Other Current Assets and its Non Current Liabilities Total 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSun Inc Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ISun's Other Current Assets and Non Current Liabilities Total is 0.85. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of iSun Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., ISun's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

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 25th 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 Revenue45.3M76.5M95.7M100.5M
Depreciation And Amortization982.0K6.6M3.7M1.9M

ISun fundamental ratios Correlations

0.860.830.910.87-0.40.820.98-0.010.820.580.770.790.820.780.120.910.90.72-0.690.8-0.150.67-0.430.8-0.58
0.860.960.660.95-0.630.880.78-0.350.880.790.880.930.950.92-0.280.890.920.9-0.80.82-0.110.83-0.380.88-0.69
0.830.960.60.98-0.750.910.73-0.330.910.90.950.970.990.99-0.260.870.920.98-0.850.750.020.92-0.490.93-0.76
0.910.660.60.66-0.150.610.980.270.610.320.540.570.580.530.410.70.670.47-0.450.72-0.170.42-0.320.5-0.36
0.870.950.980.66-0.660.920.78-0.320.920.840.940.940.980.97-0.240.920.960.93-0.890.8-0.020.88-0.490.91-0.8
-0.4-0.63-0.75-0.15-0.66-0.7-0.290.13-0.7-0.96-0.84-0.84-0.79-0.80.15-0.48-0.55-0.870.53-0.15-0.07-0.910.32-0.710.45
0.820.880.910.610.92-0.70.73-0.321.00.840.960.940.930.91-0.240.930.920.88-0.750.59-0.010.92-0.460.83-0.65
0.980.780.730.980.78-0.290.730.130.730.470.670.710.720.670.270.830.810.61-0.580.77-0.180.56-0.360.66-0.48
-0.01-0.35-0.330.27-0.320.13-0.320.13-0.32-0.25-0.26-0.24-0.31-0.360.96-0.35-0.36-0.320.42-0.33-0.24-0.280.26-0.340.42
0.820.880.910.610.92-0.71.00.73-0.320.840.960.940.930.91-0.240.930.920.88-0.750.59-0.010.92-0.460.83-0.65
0.580.790.90.320.84-0.960.840.47-0.250.840.950.940.930.94-0.230.670.730.97-0.720.40.120.98-0.460.84-0.63
0.770.880.950.540.94-0.840.960.67-0.260.960.950.980.980.97-0.20.850.890.97-0.770.560.00.98-0.50.88-0.67
0.790.930.970.570.94-0.840.940.71-0.240.940.940.980.990.97-0.190.840.880.98-0.770.61-0.020.97-0.440.89-0.65
0.820.950.990.580.98-0.790.930.72-0.310.930.930.980.990.99-0.240.870.920.98-0.840.690.010.95-0.50.92-0.74
0.780.920.990.530.97-0.80.910.67-0.360.910.940.970.970.99-0.280.850.90.99-0.850.680.070.95-0.550.93-0.76
0.12-0.28-0.260.41-0.240.15-0.240.270.96-0.24-0.23-0.2-0.19-0.24-0.28-0.24-0.26-0.260.36-0.21-0.11-0.230.06-0.260.37
0.910.890.870.70.92-0.480.930.83-0.350.930.670.850.840.870.85-0.240.990.78-0.760.75-0.130.77-0.460.87-0.66
0.90.920.920.670.96-0.550.920.81-0.360.920.730.890.880.920.9-0.260.990.84-0.830.78-0.10.81-0.480.93-0.74
0.720.90.980.470.93-0.870.880.61-0.320.880.970.970.980.980.99-0.260.780.84-0.80.60.070.97-0.510.91-0.71
-0.69-0.8-0.85-0.45-0.890.53-0.75-0.580.42-0.75-0.72-0.77-0.77-0.84-0.850.36-0.76-0.83-0.8-0.75-0.23-0.740.24-0.790.99
0.80.820.750.720.8-0.150.590.77-0.330.590.40.560.610.690.68-0.210.750.780.6-0.75-0.080.44-0.370.66-0.69
-0.15-0.110.02-0.17-0.02-0.07-0.01-0.18-0.24-0.010.120.0-0.020.010.07-0.11-0.13-0.10.07-0.23-0.080.09-0.09-0.04-0.31
0.670.830.920.420.88-0.910.920.56-0.280.920.980.980.970.950.95-0.230.770.810.97-0.740.440.09-0.460.85-0.64
-0.43-0.38-0.49-0.32-0.490.32-0.46-0.360.26-0.46-0.46-0.5-0.44-0.5-0.550.06-0.46-0.48-0.510.24-0.37-0.09-0.46-0.540.16
0.80.880.930.50.91-0.710.830.66-0.340.830.840.880.890.920.93-0.260.870.930.91-0.790.66-0.040.85-0.54-0.7
-0.58-0.69-0.76-0.36-0.80.45-0.65-0.480.42-0.65-0.63-0.67-0.65-0.74-0.760.37-0.66-0.74-0.710.99-0.69-0.31-0.640.16-0.7
Click cells to compare fundamentals

ISun Account Relationship Matchups

ISun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1M19.6M103.7M104.6M66.7M44.1M
Other Current Liab147.1K200.7K7.7M5.9M5.4M5.7M
Total Current Liabilities8.5M8.2M34.4M30.2M35.4M37.1M
Total Stockholder Equity4.4M9.0M59.9M56.4M13.1M24.6M
Net Debt6.2M3.8M14.1M15.4M13.0M13.7M
Retained Earnings3.6M3.3M(1.0M)(17.6M)(74.2M)(70.5M)
Cash95.9K699.2K2.2M5.5M3.5M3.6M
Non Current Assets Total7.2M11.1M79.6M78.9M35.2M33.2M
Non Currrent Assets Other365.0K(11.1M)(6.8M)(5.3M)30K28.5K
Cash And Short Term Investments95.9K699.2K2.2M5.5M3.5M3.6M
Common Stock Shares Outstanding4.4M5.3M9.3M14.1M26.7M28.0M
Liabilities And Stockholders Equity16.1M19.6M103.7M104.6M66.7M44.1M
Non Current Liabilities Total3.2M2.4M9.5M18.0M18.2M19.1M
Other Stockholder Equity826.4K5.7M60.9M74.1M87.3M91.7M
Total Liab11.7M10.6M43.9M48.2M53.6M56.3M
Total Current Assets8.9M8.5M24.1M25.7M31.5M33.1M
Common Stock529.0531.01.2K2K5K4.8K
Other Current Assets201.3K215.0K1.1M1.6M973K504.1K
Short Long Term Debt Total6.3M4.5M16.3M20.9M16.5M9.5M
Accounts Payable3.9M4.1M13.2M12.9M20.5M21.6M
Short Term Debt4.3M2.8M11.2M6.0M2.4M4.3M
Net Tangible Assets5.1M4.0M9.0M4.0M4.7M5.9M
Net Receivables8.6M7.6M18.3M16.1M25.5M13.0M
Net Invested Capital9.6M13.5M76.2M70.0M22.9M37.5M
Short Long Term Debt3.6M2.8M11.2M5.4M1.8M1.7M
Net Working Capital362.6K242.9K(10.3M)(4.5M)(3.9M)(4.1M)
Property Plant Equipment7.1M6.7M6.1M11.0M12.7M7.9M
Capital Stock529.0551.01.2K2K5K5.3K

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When determining whether iSun Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ISun's 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 Isun Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Isun Inc Stock:
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.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.