SunPower Cash vs Net Receivables Analysis

SPWR Stock  USD 2.85  0.44  13.37%   
SunPower financial indicator trend analysis is much more than just breaking down SunPower prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunPower is a good investment. Please check the relationship between SunPower Cash and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunPower. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in SunPower Stock, please use our How to Invest in SunPower guide.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunPower Cash account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between SunPower's Cash and Net Receivables is 0.69. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of SunPower, assuming nothing else is changed. The correlation between historical values of SunPower's Cash and Net Receivables 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 of SunPower are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., SunPower's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of SunPower, which is listed under current asset account on SunPower balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SunPower customers. The amounts must be unrestricted with restricted cash listed in a different SunPower account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from SunPower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunPower 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 SunPower. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in SunPower Stock, please use our How to Invest in SunPower guide.As of 05/17/2024, Selling General Administrative is likely to drop to about 222.8 M. In addition to that, Discontinued Operations is likely to drop to about (43.8 M)
 2021 2022 2023 2024 (projected)
Total Operating Expenses245.1M364.1M417.0M267.1M
Cost Of Revenue1.1B1.4B1.4B1.3B

SunPower fundamental ratios Correlations

0.750.470.840.440.770.190.280.940.860.870.650.580.860.310.920.840.810.61-0.560.790.630.520.860.1-0.56
0.75-0.080.810.20.810.080.080.50.840.460.60.580.420.640.580.460.420.64-0.310.350.270.470.420.28-0.31
0.47-0.080.090.540.060.250.40.670.080.77-0.03-0.040.72-0.320.540.740.73-0.09-0.370.780.640.290.73-0.2-0.38
0.840.810.090.10.950.150.190.730.850.70.610.550.620.480.750.620.640.69-0.390.60.430.290.620.14-0.39
0.440.20.540.10.030.260.230.480.250.450.360.280.52-0.040.360.50.280.27-0.370.390.270.060.510.09-0.37
0.770.810.060.950.030.250.280.640.820.650.540.490.520.410.660.550.590.66-0.440.530.420.230.520.13-0.44
0.190.080.250.150.260.250.960.220.120.28-0.060.020.04-0.650.230.210.040.32-0.810.130.440.090.03-0.04-0.81
0.280.080.40.190.230.280.960.360.190.4-0.010.110.18-0.670.360.310.20.27-0.870.270.630.20.180.04-0.87
0.940.50.670.730.480.640.220.360.720.940.560.480.940.090.930.890.890.49-0.570.90.710.420.940.0-0.57
0.860.840.080.850.250.820.120.190.720.590.850.850.570.430.830.470.570.74-0.550.490.550.330.570.41-0.54
0.870.460.770.70.450.650.280.40.940.590.360.310.910.080.860.930.940.36-0.510.940.730.380.91-0.05-0.51
0.650.6-0.030.610.360.54-0.06-0.010.560.850.360.880.470.430.650.260.330.56-0.360.270.330.130.460.38-0.35
0.580.58-0.040.550.280.490.020.110.480.850.310.880.350.320.630.140.280.62-0.470.220.480.090.360.74-0.47
0.860.420.720.620.520.520.040.180.940.570.910.470.350.210.80.940.90.31-0.330.920.560.41.0-0.08-0.33
0.310.64-0.320.48-0.040.41-0.65-0.670.090.430.080.430.320.210.130.130.210.230.480.11-0.290.090.220.160.48
0.920.580.540.750.360.660.230.360.930.830.860.650.630.80.130.740.820.58-0.620.770.790.470.80.15-0.62
0.840.460.740.620.50.550.210.310.890.470.930.260.140.940.130.740.870.3-0.380.910.540.510.93-0.23-0.38
0.810.420.730.640.280.590.040.20.890.570.940.330.280.90.210.820.870.29-0.320.970.640.350.91-0.09-0.32
0.610.64-0.090.690.270.660.320.270.490.740.360.560.620.310.230.580.30.29-0.540.30.26-0.040.310.38-0.53
-0.56-0.31-0.37-0.39-0.37-0.44-0.81-0.87-0.57-0.55-0.51-0.36-0.47-0.330.48-0.62-0.38-0.32-0.54-0.37-0.77-0.27-0.33-0.271.0
0.790.350.780.60.390.530.130.270.90.490.940.270.220.920.110.770.910.970.3-0.370.610.280.93-0.11-0.37
0.630.270.640.430.270.420.440.630.710.550.730.330.480.56-0.290.790.540.640.26-0.770.610.420.580.31-0.77
0.520.470.290.290.060.230.090.20.420.330.380.130.090.40.090.470.510.35-0.04-0.270.280.420.39-0.14-0.27
0.860.420.730.620.510.520.030.180.940.570.910.460.361.00.220.80.930.910.31-0.330.930.580.39-0.05-0.33
0.10.28-0.20.140.090.13-0.040.040.00.41-0.050.380.74-0.080.160.15-0.23-0.090.38-0.27-0.110.31-0.14-0.05-0.27
-0.56-0.31-0.38-0.39-0.37-0.44-0.81-0.87-0.57-0.54-0.51-0.35-0.47-0.330.48-0.62-0.38-0.32-0.531.0-0.37-0.77-0.27-0.33-0.27
Click cells to compare fundamentals

SunPower Account Relationship Matchups

SunPower fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B1.6B1.6B1.8B1.3B2.4B
Total Stockholder Equity10.2M404.2M388.4M574.9M305.7M290.4M
Net Debt671.5M459.1M460.5M171.3M290.0M352.2M
Cash423.0M232.8M127.1M377.0M89.4M84.9M
Other Assets127.6M704.2M190.1M155.3M178.6M338.9M
Cash And Short Term Investments423.0M232.8M493.0M509.5M89.4M84.9M
Common Stock Shares Outstanding169.7M197.2M172.4M174.6M175.0M116.1M
Liabilities And Stockholders Equity2.2B1.6B1.6B1.8B1.3B2.4B
Other Stockholder Equity2.5B2.5B2.5B2.6B2.6B1.7B
Total Liab2.2B1.2B1.2B1.2B1.0B1.7B
Total Current Assets1.4B790.3M1.1B1.3B828.8M1.4B
Short Long Term Debt Total1.1B691.8M587.6M548.3M379.4M360.4M
Other Current Liab203.9M121.9M114.9M145.2M154.6M247.4M
Total Current Liabilities898.4M529.7M505.6M1.1B883.9M955.5M
Property Plant And Equipment Net429.3M151.2M140.0M153.2M177.4M168.5M
Retained Earnings(2.4B)(2.1B)(2.1B)(2.1B)(2.3B)(2.2B)
Accounts Payable441.8M166.1M177.1M242.2M220.4M308.7M
Non Current Assets Total791.0M856.2M481.3M511.5M518.3M492.4M
Long Term Debt934.1M56.4M424.1M308K354.2K336.5K
Net Receivables325.9M223.4M208.5M225.3M215.2M275.1M
Common Stock Total Equity168K170K173K174K156.6K148.8K
Non Current Liabilities Total1.3B710.3M659.2M154.0M156.5M148.7M
Inventory358.3M210.6M243.0M316.8M261.6M258.1M
Other Current Assets12.7M21.0M8.1M197.8M262.6M275.8M
Property Plant And Equipment Gross429.3M151.2M140.0M153.2M176.2M167.4M
Accumulated Other Comprehensive Income(9.5M)8.8M11.2M11.6M14.0M14.7M
Short Term Debt114.3M169.3M124.8M518.7M355.5M270.3M
Common Stock168K170K173K174K175K166.3K
Property Plant Equipment323.7M46.8M140.0M74.5M85.7M81.4M
Intangible Assets7.5M697K24.9M24.2M14.0M19.8M
Other Liab270.0M187.8M196.3M116.5M133.9M127.2M
Current Deferred Revenue138.4M72.4M88.8M144.2M153.5M143.2M
Non Currrent Assets Other340.2M704.2M190.1M157.6M191.8M235.6M
Short Term Investments2.6M729K365.9M132.5M152.4M160.0M
Treasury Stock(192.6M)(205.5M)(215.2M)(226.6M)(204.0M)(193.8M)
Net Tangible Assets2.7M404.2M237.2M424.3M381.9M551.0M
Noncontrolling Interest In Consolidated Entity11.3M2.3M1.6M803K923.5K877.3K
Retained Earnings Total Equity(2.4B)(2.1B)(2.1B)(2.1B)(1.9B)(2.0B)

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When determining whether SunPower is a strong investment it is important to analyze SunPower'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 SunPower's future performance. For an informed investment choice regarding SunPower 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 SunPower. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in SunPower Stock, please use our How to Invest in SunPower guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is SunPower'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 SunPower. If investors know SunPower 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 SunPower 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
(0.63)
Earnings Share
(1.30)
Revenue Per Share
9.628
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.07)
The market value of SunPower is measured differently than its book value, which is the value of SunPower that is recorded on the company's balance sheet. Investors also form their own opinion of SunPower's value that differs from its market value or its book value, called intrinsic value, which is SunPower'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 SunPower's market value can be influenced by many factors that don't directly affect SunPower'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 SunPower's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunPower'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.