Sun Total Current Liabilities vs Cash Analysis

SUI Stock  USD 117.20  0.30  0.26%   
Sun Communities financial indicator trend analysis is much more than just breaking down Sun Communities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Communities is a good investment. Please check the relationship between Sun Communities Total Current Liabilities and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. 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 detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Communities Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sun Communities' Total Current Liabilities and Cash is 0.23. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Sun Communities, assuming nothing else is changed. The correlation between historical values of Sun Communities' Total Current Liabilities and Cash 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 Current Liabilities of Sun Communities are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Sun Communities' Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Sun Communities balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sun Communities are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Sun Communities, which is listed under current asset account on Sun Communities balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sun Communities customers. The amounts must be unrestricted with restricted cash listed in a different Sun Communities 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.
Most indicators from Sun Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Communities 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 Sun Communities. 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 detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.As of now, Sun Communities' Selling General Administrative is increasing as compared to previous years. The Sun Communities' current Enterprise Value is estimated to increase to about 1.7 B, while Tax Provision is forecasted to increase to (3 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.4B891.2M935.8M
Total Revenue2.3B2.9B3.2B3.4B

Sun Communities fundamental ratios Correlations

0.980.99-0.020.98-0.941.00.450.370.920.970.981.00.990.960.340.820.50.570.970.330.970.530.93-0.330.97
0.980.960.031.0-0.920.980.440.410.950.930.990.970.990.970.290.780.480.530.930.350.930.560.95-0.310.98
0.990.96-0.070.96-0.920.990.540.430.90.970.961.00.970.960.260.770.550.660.970.290.970.580.87-0.220.97
-0.020.03-0.070.030.05-0.03-0.220.060.01-0.140.0-0.060.020.00.050.06-0.2-0.09-0.140.04-0.140.050.09-0.10.0
0.981.00.960.03-0.920.980.430.40.950.930.990.970.990.970.30.780.470.520.930.350.930.560.95-0.320.98
-0.94-0.92-0.920.05-0.92-0.95-0.31-0.14-0.85-0.96-0.91-0.95-0.95-0.86-0.5-0.85-0.42-0.43-0.97-0.53-0.97-0.32-0.870.47-0.89
1.00.980.99-0.030.98-0.950.440.360.920.970.981.00.990.950.350.820.490.570.970.330.970.520.93-0.330.97
0.450.440.54-0.220.43-0.310.440.790.480.530.50.480.380.59-0.64-0.070.670.840.460.260.460.850.160.680.55
0.370.410.430.060.4-0.140.360.790.540.350.480.370.330.59-0.64-0.150.530.750.270.070.270.810.260.620.52
0.920.950.90.010.95-0.850.920.480.540.890.970.910.930.970.180.630.460.510.870.410.870.550.9-0.210.97
0.970.930.97-0.140.93-0.960.970.530.350.890.950.980.950.920.290.740.50.590.990.430.990.480.83-0.240.95
0.980.990.960.00.99-0.910.980.50.480.970.950.970.980.980.240.710.490.560.940.390.940.560.92-0.241.0
1.00.971.0-0.060.97-0.951.00.480.370.910.980.970.980.950.320.80.520.60.980.330.980.530.9-0.290.97
0.990.990.970.020.99-0.950.990.380.330.930.950.980.980.950.390.840.450.50.950.360.950.480.95-0.390.97
0.960.970.960.00.97-0.860.950.590.590.970.920.980.950.950.110.650.60.680.90.360.90.670.88-0.120.98
0.340.290.260.050.3-0.50.35-0.64-0.640.180.290.240.320.390.110.76-0.25-0.370.380.060.38-0.540.5-0.980.18
0.820.780.770.060.78-0.850.82-0.07-0.150.630.740.710.80.840.650.760.230.210.790.170.790.130.84-0.740.68
0.50.480.55-0.20.47-0.420.490.670.530.460.50.490.520.450.6-0.250.230.850.480.280.480.690.30.30.51
0.570.530.66-0.090.52-0.430.570.840.750.510.590.560.60.50.68-0.370.210.850.550.190.550.830.320.450.61
0.970.930.97-0.140.93-0.970.970.460.270.870.990.940.980.950.90.380.790.480.550.41.00.420.84-0.320.93
0.330.350.290.040.35-0.530.330.260.070.410.430.390.330.360.360.060.170.280.190.40.40.130.23-0.060.37
0.970.930.97-0.140.93-0.970.970.460.270.870.990.940.980.950.90.380.790.480.551.00.40.420.84-0.320.93
0.530.560.580.050.56-0.320.520.850.810.550.480.560.530.480.67-0.540.130.690.830.420.130.420.350.520.59
0.930.950.870.090.95-0.870.930.160.260.90.830.920.90.950.880.50.840.30.320.840.230.840.35-0.540.9
-0.33-0.31-0.22-0.1-0.320.47-0.330.680.62-0.21-0.24-0.24-0.29-0.39-0.12-0.98-0.740.30.45-0.32-0.06-0.320.52-0.54-0.18
0.970.980.970.00.98-0.890.970.550.520.970.951.00.970.970.980.180.680.510.610.930.370.930.590.9-0.18
Click cells to compare fundamentals

Sun Communities Account Relationship Matchups

Sun Communities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B11.2B13.5B17.1B16.9B17.8B
Short Long Term Debt Total3.4B4.7B5.7B9.3B8.0B8.3B
Total Stockholder Equity3.8B5.5B6.6B7.8B7.1B7.4B
Net Debt3.3B4.6B5.6B9.2B7.9B8.3B
Retained Earnings(1.4B)(1.6B)(1.6B)(1.7B)(2.4B)(2.3B)
Non Current Assets Total7.5B10.7B12.7B16.0B16.2B17.0B
Non Currrent Assets Other7.4B10.0B11.9B14.6B283.5M269.3M
Other Assets61.4M265.0M14.1B14.3B(2.5B)(2.4B)
Net Receivables157.9M221.7M469.6M617.3M477.8M501.7M
Common Stock Shares Outstanding88.5M97.5M112.6M122.9M123.8M130.0M
Liabilities And Stockholders Equity7.8B11.2B13.5B17.1B16.9B17.8B
Non Current Liabilities Total3.4B3.9B6.2B8.3B6.9B7.3B
Other Stockholder Equity5.2B6.9B7.9B9.5B9.5B9.9B
Total Liab3.9B5.6B6.8B9.2B9.5B10.0B
Total Current Assets349.5M491.3M785.7M1.0B726.1M762.4M
Other Current Liab71.7M87.0M(698.9M)(2.0B)3.3B3.4B
Total Current Liabilities516.3M1.7B578.7M859.7M2.8B3.0B
Cash34.8M98.3M78.2M90.4M42.7M29.5M
Cash And Short Term Investments129.6M223.0M265.1M217.7M42.7M52.6M
Common Stock Total Equity932K1.1M1.2M1.2M1.4M1.4M
Common Stock932K1.1M1.2M1.2M1.4M1.4M
Short Term Debt183.9M1.2B1.0B2.1B18.5M17.6M
Other Liab186.4M322.4M755.7M1.3B1.5B1.6B
Accounts Payable127.3M148.4M361M396.3M(805M)(764.8M)
Long Term Debt3.3B3.5B5.7B7.2B5.7B6.0B
Accumulated Other Comprehensive Income(1.3M)3.2M3.1M(9.9M)12.2M12.8M
Inventory62.1M46.6M51.1M202.7M205.6M215.9M
Short Term Investments94.7M124.7M186.9M127.3M17.7B18.6B
Other Current Assets(254.8M)(360.9M)(598.9M)(910.4M)(726.1M)(689.8M)
Intangible Assets67.5M305.6M306.8M402M369.5M388.0M
Net Tangible Assets3.9B5.1B6.1B6.6B7.6B8.0B
Noncontrolling Interest In Consolidated Entity56.2M102.1M106.7M78.7M90.5M70.2M
Retained Earnings Total Equity(1.4B)(1.6B)(1.6B)(1.7B)(1.6B)(1.6B)
Long Term Debt Total3.3B3.5B5.7B7.2B8.3B8.7B
Capital Surpluse5.2B7.1B8.2B9.5B11.0B11.5B

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When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' 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 Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. 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 detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Sun Communities' price analysis, check to measure Sun Communities' 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 Sun Communities is operating at the current time. Most of Sun Communities' value examination focuses on studying past and present price action to predict the probability of Sun Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Communities' price. Additionally, you may evaluate how the addition of Sun Communities to your portfolios can decrease your overall portfolio volatility.
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Is Sun Communities' 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 Sun Communities. If investors know Sun 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 Sun Communities 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
(0.01)
Dividend Share
3.73
Earnings Share
(1.57)
Revenue Per Share
25.983
Quarterly Revenue Growth
0.044
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' 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 Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' 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 Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' 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.