Suncor Total Revenue vs Other Operating Expenses Analysis

SU Stock  USD 39.64  0.45  1.12%   
Suncor Energy financial indicator trend analysis is much more than just breaking down Suncor Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncor Energy is a good investment. Please check the relationship between Suncor Energy Total Revenue and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. 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.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.

Total Revenue vs Other Operating Expenses

Total Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncor Energy Total Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suncor Energy's Total Revenue and Other Operating Expenses is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Suncor Energy, assuming nothing else is changed. The correlation between historical values of Suncor Energy's Total Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Suncor Energy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Suncor Energy's Total Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Suncor Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Suncor Energy. It is also known as Suncor Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Suncor Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suncor Energy 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 Suncor Energy. 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.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.At this time, Suncor Energy's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.7 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit19.5B28.8B19.5B10.1B
Total Revenue39.1B58.3B49.1B51.5B

Suncor Energy fundamental ratios Correlations

0.890.210.890.980.990.760.740.840.430.990.010.430.410.870.970.54-0.280.980.430.570.490.260.230.750.96
0.890.180.760.780.920.960.380.570.120.92-0.050.120.190.730.970.42-0.40.950.40.30.710.420.230.730.92
0.210.180.370.140.140.180.160.42-0.020.170.3-0.020.680.010.220.73-0.170.260.640.570.00.60.290.480.14
0.890.760.370.840.840.650.640.910.360.850.060.360.560.760.830.63-0.120.90.460.640.580.240.230.650.83
0.980.780.140.840.950.610.860.850.560.960.020.560.420.880.90.51-0.230.910.380.610.340.150.210.690.92
0.990.920.140.840.950.810.660.740.351.0-0.070.350.30.870.980.47-0.370.980.40.460.550.290.210.750.98
0.760.960.180.650.610.810.150.42-0.170.810.0-0.170.090.570.890.37-0.40.860.430.120.770.570.220.710.83
0.740.380.160.640.860.660.150.80.790.680.060.790.550.660.570.49-0.10.610.310.74-0.08-0.080.190.450.59
0.840.570.420.910.850.740.420.80.490.770.230.490.680.690.720.690.030.790.480.770.210.190.20.60.73
0.430.12-0.020.360.560.35-0.170.790.490.35-0.181.00.340.530.260.170.020.29-0.130.6-0.21-0.510.040.060.28
0.990.920.170.850.961.00.810.680.770.35-0.010.350.330.870.980.5-0.320.980.420.480.540.30.20.760.98
0.01-0.050.30.060.02-0.070.00.060.23-0.18-0.01-0.180.490.03-0.010.510.630.010.420.33-0.180.360.00.350.02
0.430.12-0.020.360.560.35-0.170.790.491.00.35-0.180.340.530.260.170.020.29-0.130.6-0.21-0.510.040.060.28
0.410.190.680.560.420.30.090.550.680.340.330.490.340.30.310.930.020.380.740.94-0.040.410.540.620.31
0.870.730.010.760.880.870.570.660.690.530.870.030.530.30.810.39-0.090.820.20.490.440.020.060.660.91
0.970.970.220.830.90.980.890.570.720.260.98-0.010.260.310.810.5-0.360.990.430.440.590.380.240.770.97
0.540.420.730.630.510.470.370.490.690.170.50.510.170.930.390.5-0.140.550.890.870.160.670.540.830.49
-0.28-0.4-0.17-0.12-0.23-0.37-0.4-0.10.030.02-0.320.630.020.02-0.09-0.36-0.14-0.32-0.34-0.05-0.3-0.41-0.45-0.35-0.29
0.980.950.260.90.910.980.860.610.790.290.980.010.290.380.820.990.55-0.320.450.50.60.360.250.770.96
0.430.40.640.460.380.40.430.310.48-0.130.420.42-0.130.740.20.430.89-0.340.450.640.230.870.650.820.42
0.570.30.570.640.610.460.120.740.770.60.480.330.60.940.490.440.87-0.050.50.64-0.030.250.520.630.45
0.490.710.00.580.340.550.77-0.080.21-0.210.54-0.18-0.21-0.040.440.590.16-0.30.60.23-0.030.310.180.420.59
0.260.420.60.240.150.290.57-0.080.19-0.510.30.36-0.510.410.020.380.67-0.410.360.870.250.310.50.740.33
0.230.230.290.230.210.210.220.190.20.040.20.00.040.540.060.240.54-0.450.250.650.520.180.50.490.23
0.750.730.480.650.690.750.710.450.60.060.760.350.060.620.660.770.83-0.350.770.820.630.420.740.490.8
0.960.920.140.830.920.980.830.590.730.280.980.020.280.310.910.970.49-0.290.960.420.450.590.330.230.8
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Suncor Energy Account Relationship Matchups

Suncor Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets89.4B84.6B83.7B84.6B88.5B46.3B
Short Long Term Debt Total18.0B21.7B18.4B15.6B15.8B8.8B
Other Current Liab310M614M2.1B1.6B1.5B1.6B
Total Current Liabilities10.5B10.5B10.4B12.9B9.6B5.5B
Total Stockholder Equity42.0B35.8B36.6B39.4B43.3B22.4B
Property Plant And Equipment Net75.1B70.4B67.8B64.6B67.7B37.3B
Net Debt16.0B19.8B16.1B13.6B14.1B7.3B
Retained Earnings15.4B9.1B11.5B15.6B20.0B10.2B
Accounts Payable6.6B4.7B6.5B8.2B7.2B3.7B
Cash2.0B1.9B2.2B2.0B1.7B1.6B
Non Current Assets Total79.5B75.2B72.8B70.1B74.7B39.9B
Non Currrent Assets Other905M954M916M1.0B3.0B3.1B
Cash And Short Term Investments2.0B1.9B2.2B2.0B1.7B1.6B
Net Receivables4.2B3.9B4.7B6.3B6.7B7.1B
Common Stock Shares Outstanding1.6B1.5B1.5B1.4B1.3B1.3B
Liabilities And Stockholders Equity89.4B84.6B83.7B84.6B88.5B46.3B
Non Current Liabilities Total36.9B38.3B36.7B32.4B35.7B18.4B
Inventory3.8B3.6B4.1B5.1B5.4B5.6B
Other Stockholder Equity566M591M612M571M569M540.6M
Total Liab47.4B48.9B47.1B45.3B45.3B23.9B
Property Plant And Equipment Gross75.1B70.4B67.8B129.2B127.3B133.7B
Total Current Assets9.9B9.4B11.0B14.5B13.8B14.5B
Accumulated Other Comprehensive Income899M877M814M974M1.0B1.1B
Short Term Debt2.5B5.3B1.8B3.1B842M877.5M
Other Assets1.1B1.2B1.5B1.8B2.1B2.2B
Other Current Assets227M880M251M1.2B1.0B1.1B
Common Stock25.2B25.1B23.7B22.3B21.7B14.4B
Intangible Assets166M436M631M694M636M340.1M
Other Liab21.4B21.9B20.2B19.5B22.4B23.5B
Net Tangible Assets39.0B32.4B33.1B35.8B41.1B43.2B
Long Term Debt12.9B13.8B14.0B9.8B11.1B9.2B
Long Term Investments289M323M391M758M490M514.5M
Short Long Term Debt2.2B5.0B1.5B2.8B494M469.3M
Property Plant Equipment75.1B70.4B67.8B64.6B74.3B47.0B
Current Deferred Revenue425M535M1.2B41M47.2M44.8M
Long Term Debt Total15.5B16.4B16.5B12.5B14.4B14.3B
Capital Surpluse566M591M612M571M656.7M554.8M
Capital Lease Obligations2.9B2.9B2.9B3.0B3.8B2.2B

Currently Active Assets on Macroaxis

When determining whether Suncor Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Suncor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Suncor Energy Stock. Highlighted below are key reports to facilitate an investment decision about Suncor Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. 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.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Suncor Energy's price analysis, check to measure Suncor Energy'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 Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.
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Is Suncor Energy'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 Suncor Energy. If investors know Suncor 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 Suncor Energy 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
(0.19)
Dividend Share
2.13
Earnings Share
4.4
Revenue Per Share
38.188
Quarterly Revenue Growth
0.039
The market value of Suncor Energy is measured differently than its book value, which is the value of Suncor that is recorded on the company's balance sheet. Investors also form their own opinion of Suncor Energy's value that differs from its market value or its book value, called intrinsic value, which is Suncor Energy'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 Suncor Energy's market value can be influenced by many factors that don't directly affect Suncor Energy'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 Suncor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncor Energy'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.