Sunrun Other Stockholder Equity vs Common Stock Total Equity Analysis

RUN Stock  USD 18.76  0.37  1.93%   
Sunrun financial indicator trend analysis is much more than just breaking down Sunrun Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunrun Inc is a good investment. Please check the relationship between Sunrun Other Stockholder Equity and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. 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.

Other Stockholder Equity vs Common Stock Total Equity

Other Stockholder Equity vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunrun Inc Other Stockholder Equity account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunrun's Other Stockholder Equity and Common Stock Total Equity is 0.84. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Sunrun Inc, assuming nothing else is changed. The correlation between historical values of Sunrun's Other Stockholder Equity and Common Stock Total Equity 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 Stockholder Equity of Sunrun Inc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Stockholder Equity i.e., Sunrun's Other Stockholder Equity and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Sunrun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunrun 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. 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.
As of the 20th of September 2024, Selling General Administrative is likely to drop to about 156.3 M. In addition to that, Tax Provision is likely to grow to about (12.1 M)
 2021 2022 2023 2024 (projected)
Interest Expense327.7M445.8M653.0M685.6M
Depreciation And Amortization396.4M459.3M548.2M575.6M

Sunrun fundamental ratios Correlations

0.981.00.990.890.810.990.860.98-0.610.840.921.00.610.430.870.920.860.860.890.830.990.860.930.980.99
0.980.991.00.80.760.990.811.0-0.710.780.860.980.490.270.920.860.830.80.860.821.00.80.90.941.0
1.00.990.990.870.81.00.840.98-0.620.840.911.00.580.410.870.910.850.860.890.850.990.840.950.980.99
0.991.00.990.820.791.00.820.99-0.690.810.880.990.510.330.90.880.830.840.860.851.00.80.930.951.0
0.890.80.870.820.80.840.890.79-0.270.880.970.890.80.730.630.970.860.890.90.730.810.910.840.930.81
0.810.760.80.790.80.810.860.76-0.390.830.870.810.50.490.650.870.870.950.80.750.790.770.760.780.79
0.990.991.01.00.840.810.840.99-0.660.820.890.990.520.350.90.890.850.850.880.861.00.820.930.961.0
0.860.810.840.820.890.860.840.8-0.270.920.950.860.580.580.730.950.980.90.890.730.820.950.720.840.82
0.981.00.980.990.790.760.990.8-0.720.770.860.980.480.260.920.860.820.80.860.821.00.80.90.941.0
-0.61-0.71-0.62-0.69-0.27-0.39-0.66-0.27-0.72-0.18-0.36-0.61-0.050.31-0.74-0.36-0.33-0.33-0.37-0.37-0.7-0.22-0.55-0.56-0.7
0.840.780.840.810.880.830.820.920.77-0.180.930.840.590.580.620.930.930.920.890.860.80.940.810.810.8
0.920.860.910.880.970.870.890.950.86-0.360.930.920.690.590.721.00.950.940.950.780.870.960.840.920.87
1.00.981.00.990.890.810.990.860.98-0.610.840.920.610.430.870.920.860.860.890.830.990.850.930.980.99
0.610.490.580.510.80.50.520.580.48-0.050.590.690.610.690.210.690.540.550.590.310.50.660.590.720.5
0.430.270.410.330.730.490.350.580.260.310.580.590.430.690.170.590.450.570.450.40.290.550.450.530.29
0.870.920.870.90.630.650.90.730.92-0.740.620.720.870.210.170.720.720.660.70.720.910.660.720.80.91
0.920.860.910.880.970.870.890.950.86-0.360.931.00.920.690.590.720.950.940.950.780.870.960.840.920.87
0.860.830.850.830.860.870.850.980.82-0.330.930.950.860.540.450.720.950.920.920.760.840.950.730.820.84
0.860.80.860.840.890.950.850.90.8-0.330.920.940.860.550.570.660.940.920.880.850.820.850.840.840.82
0.890.860.890.860.90.80.880.890.86-0.370.890.950.890.590.450.70.950.920.880.810.870.940.830.870.87
0.830.820.850.850.730.750.860.730.82-0.370.860.780.830.310.40.720.780.760.850.810.830.730.890.770.83
0.991.00.991.00.810.791.00.821.0-0.70.80.870.990.50.290.910.870.840.820.870.830.810.910.951.0
0.860.80.840.80.910.770.820.950.8-0.220.940.960.850.660.550.660.960.950.850.940.730.810.740.840.81
0.930.90.950.930.840.760.930.720.9-0.550.810.840.930.590.450.720.840.730.840.830.890.910.740.930.91
0.980.940.980.950.930.780.960.840.94-0.560.810.920.980.720.530.80.920.820.840.870.770.950.840.930.95
0.991.00.991.00.810.791.00.821.0-0.70.80.870.990.50.290.910.870.840.820.870.831.00.810.910.95
Click cells to compare fundamentals

Sunrun Account Relationship Matchups

Sunrun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B14.4B16.5B19.3B20.5B21.5B
Short Long Term Debt Total2.6B5.2B6.8B8.7B11.1B11.6B
Other Current Liab164.6M354.2M395.7M438.5M504.8M530.1M
Total Current Liabilities530.1M901.4M1.0B1.2B1.5B1.6B
Total Stockholder Equity964.7M6.1B6.3B6.7B5.2B2.9B
Other Liab1.0B1.3B1.3B1.3B1.5B1.1B
Property Plant And Equipment Net4.5B8.3B9.5B11.1B13.3B13.9B
Current Deferred Revenue85.7M116.7M120.0M192.0M136.8M104.1M
Net Debt2.3B4.6B6.2B8.0B10.4B10.9B
Retained Earnings251.5M76.8M(2.6M)170.8M(1.4B)(1.4B)
Accounts Payable223.4M207.4M288.1M339.2M230.7M177.5M
Cash269.6M520.0M617.6M740.5M678.8M391.8M
Non Current Assets Total5.1B13.2B14.9B17.2B18.6B19.5B
Non Currrent Assets Other(134.1M)681.8M1.1B681.9M181.0M279.1M
Other Assets373.2M2.5B1.1B1.5B168K159.6K
Long Term Debt2.2B4.6B211.1M8.2B10.1B10.6B
Cash And Short Term Investments269.6M520.0M617.6M740.5M678.8M391.8M
Net Receivables84.2M95.1M146.0M214.3M172.0M108.7M
Common Stock Shares Outstanding123.9M139.6M205.1M219.2M216.6M144.8M
Liabilities And Stockholders Equity5.8B14.4B16.5B19.3B20.5B21.5B
Non Current Liabilities Total3.6B6.2B7.9B9.9B12.0B12.7B
Inventory260.6M283.0M506.8M783.9M459.7M263.8M
Other Current Assets119.5M239.6M277.2M146.6M262.8M276.0M
Other Stockholder Equity766.0M6.1B6.3B6.5B6.6B6.9B
Total Liab4.2B7.1B8.9B11.1B13.5B14.2B
Property Plant And Equipment Gross4.6B8.3B9.5B11.1B15.6B16.4B
Total Current Assets733.8M1.1B1.5B2.1B1.9B2.0B
Accumulated Other Comprehensive Income(52.8M)(106.8M)(73.1M)67.1M54.7M57.4M
Short Term Debt56.4M223.0M208.3M185.8M615.8M646.6M
Property Plant Equipment4.6B8.3B9.5B11.0B12.6B13.3B
Net Tangible Assets850.1M2.3B2.6B3.0B3.5B3.7B
Deferred Long Term Liab234.5M81.9M631.0M133.0M119.7M113.8M
Short Long Term Debt35.3M195.0M190.2M157.8M547.9M575.3M
Intangible Assets19.5M18.3M12.9M7.5M6.8M12.2M
Warrants306.6M560.5M595.0M609.7M701.2M358.4M

Pair Trading with Sunrun

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 Sunrun 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 Sunrun will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sunrun Stock

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Moving against Sunrun Stock

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The ability to find closely correlated positions to Sunrun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunrun 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 Sunrun - 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 Sunrun Inc to buy it.
The correlation of Sunrun 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 Sunrun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunrun Inc 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 Sunrun 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.
Pair CorrelationCorrelation Matching

Additional Information and Resources on Investing in Sunrun Stock

When determining whether Sunrun Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunrun'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 Sunrun Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunrun Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. 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.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Electrical Components & Equipment 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 Sunrun. If investors know Sunrun 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 Sunrun 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
1.173
Earnings Share
(6.32)
Revenue Per Share
9.387
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.02)
The market value of Sunrun Inc is measured differently than its book value, which is the value of Sunrun that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrun's value that differs from its market value or its book value, called intrinsic value, which is Sunrun'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 Sunrun's market value can be influenced by many factors that don't directly affect Sunrun'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 Sunrun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrun'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.