Emeren Capital Surpluse vs Net Working Capital Analysis

SOL Stock  USD 1.89  0.08  4.42%   
Emeren financial indicator trend analysis is much more than just examining Emeren Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emeren Group is a good investment. Please check the relationship between Emeren Capital Surpluse and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Capital Surpluse vs Net Working Capital

Capital Surpluse vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emeren Group Capital Surpluse account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Emeren's Capital Surpluse and Net Working Capital is 0.81. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Emeren Group, assuming nothing else is changed. The correlation between historical values of Emeren's Capital Surpluse and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Emeren Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Surpluse i.e., Emeren's Capital Surpluse and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Surpluse

Net Working Capital

Most indicators from Emeren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emeren Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Emeren's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 37.7 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 429.4 K.
 2023 2024 (projected)
Research Development31.4M32.3M
Cost Of Revenue81.4M77.3M

Emeren fundamental ratios Correlations

0.950.850.950.410.990.850.430.98-0.210.43-0.340.90.250.420.960.990.980.920.870.310.920.960.9-0.01-0.16
0.950.810.980.170.950.960.230.93-0.350.23-0.360.940.390.340.990.950.930.990.830.250.940.920.84-0.09-0.29
0.850.810.870.130.810.790.140.79-0.370.14-0.310.860.520.210.880.810.880.740.880.160.910.840.81-0.01-0.21
0.950.980.870.120.930.960.190.91-0.380.19-0.370.970.420.261.00.930.950.970.890.210.980.930.81-0.11-0.29
0.410.170.130.120.42-0.080.870.470.280.870.140.04-0.460.560.170.420.330.130.150.420.080.370.470.280.43
0.990.950.810.930.420.860.411.0-0.210.41-0.370.870.220.440.951.00.940.920.810.370.890.950.91-0.05-0.21
0.850.960.790.96-0.080.86-0.050.83-0.37-0.05-0.420.920.530.130.940.860.840.960.770.120.920.850.71-0.13-0.37
0.430.230.140.190.870.41-0.050.450.081.00.150.13-0.460.740.240.410.40.210.290.460.130.30.530.110.25
0.980.930.790.910.471.00.830.45-0.160.45-0.370.830.180.480.931.00.920.910.790.390.860.940.92-0.02-0.18
-0.21-0.35-0.37-0.380.28-0.21-0.370.08-0.160.08-0.19-0.43-0.31-0.1-0.37-0.2-0.25-0.34-0.36-0.3-0.39-0.12-0.260.480.51
0.430.230.140.190.870.41-0.051.00.450.080.150.13-0.460.740.240.410.40.210.290.460.130.30.530.110.25
-0.34-0.36-0.31-0.370.14-0.37-0.420.15-0.37-0.190.15-0.360.08-0.17-0.37-0.37-0.31-0.37-0.38-0.33-0.36-0.37-0.290.390.56
0.90.940.860.970.040.870.920.130.83-0.430.13-0.360.480.170.960.870.930.910.940.130.980.860.75-0.1-0.28
0.250.390.520.42-0.460.220.53-0.460.18-0.31-0.460.080.48-0.350.40.220.310.350.38-0.530.450.260.210.320.03
0.420.340.210.260.560.440.130.740.48-0.10.74-0.170.17-0.350.320.440.330.310.330.680.150.260.69-0.16-0.24
0.960.990.881.00.170.950.940.240.93-0.370.24-0.370.960.40.320.950.960.970.90.250.970.930.86-0.1-0.29
0.990.950.810.930.421.00.860.411.0-0.20.41-0.370.870.220.440.950.940.920.810.370.890.950.91-0.05-0.21
0.980.930.880.950.330.940.840.40.92-0.250.4-0.310.930.310.330.960.940.90.920.220.950.950.85-0.01-0.13
0.920.990.740.970.130.920.960.210.91-0.340.21-0.370.910.350.310.970.920.90.790.240.910.890.79-0.12-0.31
0.870.830.880.890.150.810.770.290.79-0.360.29-0.380.940.380.330.90.810.920.790.180.910.80.8-0.07-0.23
0.310.250.160.210.420.370.120.460.39-0.30.46-0.330.13-0.530.680.250.370.220.240.180.160.230.46-0.69-0.6
0.920.940.910.980.080.890.920.130.86-0.390.13-0.360.980.450.150.970.890.950.910.910.160.910.76-0.11-0.27
0.960.920.840.930.370.950.850.30.94-0.120.3-0.370.860.260.260.930.950.950.890.80.230.910.810.03-0.09
0.90.840.810.810.470.910.710.530.92-0.260.53-0.290.750.210.690.860.910.850.790.80.460.760.81-0.01-0.21
-0.01-0.09-0.01-0.110.28-0.05-0.130.11-0.020.480.110.39-0.10.32-0.16-0.1-0.05-0.01-0.12-0.07-0.69-0.110.03-0.010.89
-0.16-0.29-0.21-0.290.43-0.21-0.370.25-0.180.510.250.56-0.280.03-0.24-0.29-0.21-0.13-0.31-0.23-0.6-0.27-0.09-0.210.89
Click cells to compare fundamentals

Emeren Account Relationship Matchups

Emeren fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets319.9M337.4M529.3M500.5M478.0M705.6M
Short Long Term Debt Total121.3M115.6M57.9M70.6M58.9M56.0M
Other Current Liab40.6M30.9M19.6M23.1M29.9M31.4M
Total Current Liabilities109.4M88.2M35.1M42.6M58.4M55.5M
Total Stockholder Equity94.7M139.6M404.0M358.2M326.3M250.8M
Property Plant And Equipment Net192.3M168.7M167.1M217.6M197.2M339.1M
Net Debt97.0M75.0M(196.2M)(36.5M)(11.3M)(10.7M)
Cash24.3M40.6M254.1M107.1M70.2M100.3M
Non Current Assets Total216.9M200.2M199.8M273.6M293.0M377.7M
Non Currrent Assets Other23.8M29.2M30.8M44.2M95.7M100.5M
Cash And Short Term Investments24.3M40.6M254.1M107.1M70.2M100.5M
Common Stock Shares Outstanding40.6M49.8M69.8M64.9M5.7M5.4M
Liabilities And Stockholders Equity319.9M337.4M529.3M500.5M478.0M705.6M
Inventory19.2M2.5M594K1.2M1.1M1.0M
Other Current Assets38.2M69.8M24.4M32.5M20.9M19.8M
Other Stockholder Equity9.7M7.8M(6.1M)(48.3M)(27.2M)(25.8M)
Total Liab182.4M153.6M80.9M101.0M113.9M108.2M
Property Plant And Equipment Gross192.3M168.7M167.1M217.6M195.8M348.6M
Total Current Assets103.1M137.2M329.5M226.9M185.0M327.9M
Short Term Debt48.3M50.2M12.1M12.2M6.9M6.5M
Current Deferred Revenue86K901K82K3.6M8.6M8.1M
Retained Earnings(442.3M)(439.1M)(432.7M)(426.8M)(446.7M)(424.4M)
Accounts Payable20.4M6.2M3.3M3.6M13.0M12.4M
Net Receivables21.3M24.3M50.4M86.1M94.0M82.0M
Non Current Liabilities Total73.0M65.4M45.8M58.4M55.6M52.8M
Accumulated Other Comprehensive Income(2.9M)(3.6M)(4.6M)(14.8M)(6.5M)(6.1M)
Common Stock Total Equity519.2M519.3M530.2M574.5M660.7M483.9M
Common Stock530.2M574.5M847.4M848.1M806.7M556.4M
Other Assets24.6M30.4M31.6M47.2M42.5M70.9M
Long Term Debt3.4M0.062K22.6M20.3M16.8M
Long Term Debt Total50.1M44.0M30.0M37.5M33.7M44.8M
Capital Surpluse9.7M7.8M12.4M13.5M15.5M10.7M
Property Plant Equipment192.3M168.7M167.1M214.8M193.4M173.9M
Net Tangible Assets94.7M138.6M403.0M357.1M410.7M431.3M
Cash And Equivalents24.3M40.6M254.1M107.1M123.2M76.0M
Capital Lease Obligations79.7M74.6M57.8M47.0M42.3M53.9M
Net Invested Capital136.3M180.6M404.1M381.7M439.0M258.3M
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 Emeren 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, Emeren's short interest history, or implied volatility extrapolated from Emeren options trading.

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When determining whether Emeren Group is a strong investment it is important to analyze Emeren's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Emeren's future performance. For an informed investment choice regarding Emeren Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is Emeren'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 Emeren. If investors know Emeren 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 Emeren 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
3.42
Earnings Share
0.1
Revenue Per Share
1.852
Quarterly Revenue Growth
1.128
Return On Assets
(0.01)
The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.