Sunoco Good Will vs Non Current Assets Total Analysis

SUN Stock  USD 53.82  0.57  1.07%   
Sunoco LP financial indicator trend analysis is much more than just breaking down Sunoco LP prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunoco LP is a good investment. Please check the relationship between Sunoco LP Good Will and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. 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.
To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.

Good Will vs Non Current Assets Total

Good Will vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunoco LP Good Will account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Sunoco LP's Good Will and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Sunoco LP, assuming nothing else is changed. The correlation between historical values of Sunoco LP's Good Will and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sunoco LP are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Good Will i.e., Sunoco LP's Good Will and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Sunoco LP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunoco LP 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 Sunoco LP. 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.
To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.At this time, Sunoco LP's Tax Provision is very stable compared to the past year. As of the 20th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.01, while Selling General Administrative is likely to drop about 173.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense163M182M220M122.7M
Depreciation And Amortization177M193M187M151.7M

Sunoco LP fundamental ratios Correlations

0.450.890.560.940.20.70.630.420.90.930.850.770.790.920.930.930.880.940.840.880.950.050.640.760.92
0.450.66-0.030.270.360.610.40.040.510.40.520.590.650.530.380.370.510.420.110.50.430.450.40.670.49
0.890.660.320.750.170.850.50.370.940.730.910.870.940.960.730.770.930.810.740.930.80.30.50.960.94
0.56-0.030.320.550.10.250.16-0.230.250.520.20.290.130.310.470.450.240.440.420.240.47-0.20.170.270.3
0.940.270.750.550.180.550.640.570.770.930.680.630.670.790.970.940.720.920.810.720.93-0.180.650.580.79
0.20.360.170.10.180.390.26-0.060.040.410.040.470.230.130.260.360.110.43-0.260.10.420.60.270.140.12
0.70.610.850.250.550.390.340.250.720.560.70.980.830.770.520.60.750.670.50.760.640.580.360.880.75
0.630.40.50.160.640.260.340.60.580.730.520.440.570.570.70.710.560.730.490.540.73-0.031.00.320.59
0.420.040.37-0.230.57-0.060.250.60.460.460.370.270.520.430.550.570.410.530.50.40.49-0.280.60.230.44
0.90.510.940.250.770.040.720.580.460.760.990.780.880.990.780.790.990.830.870.990.820.220.590.840.99
0.930.40.730.520.930.410.560.730.460.760.710.670.670.790.970.970.740.970.670.730.990.030.740.550.79
0.850.520.910.20.680.040.70.520.370.990.710.760.840.970.720.720.990.780.820.990.770.30.530.820.98
0.770.590.870.290.630.470.980.440.270.780.670.760.850.830.620.690.810.770.560.810.750.60.460.860.82
0.790.650.940.130.670.230.830.570.520.880.670.840.850.910.650.730.890.80.650.890.750.330.580.920.89
0.920.530.960.310.790.130.770.570.430.990.790.970.830.910.790.810.990.870.840.990.850.260.580.881.0
0.930.380.730.470.970.260.520.70.550.780.970.720.620.650.790.950.730.930.750.730.96-0.110.70.530.8
0.930.370.770.450.940.360.60.710.570.790.970.720.690.730.810.950.760.980.710.750.980.010.710.60.81
0.880.510.930.240.720.110.750.560.410.990.740.990.810.890.990.730.760.830.831.00.810.320.560.860.99
0.940.420.810.440.920.430.670.730.530.830.970.780.770.80.870.930.980.830.710.820.990.150.740.660.87
0.840.110.740.420.81-0.260.50.490.50.870.670.820.560.650.840.750.710.830.710.830.71-0.160.50.620.86
0.880.50.930.240.720.10.760.540.40.990.730.990.810.890.990.730.751.00.820.830.80.320.550.860.99
0.950.430.80.470.930.420.640.730.490.820.990.770.750.750.850.960.980.810.990.710.80.110.730.630.85
0.050.450.3-0.2-0.180.60.58-0.03-0.280.220.030.30.60.330.26-0.110.010.320.15-0.160.320.11-0.010.410.26
0.640.40.50.170.650.270.361.00.60.590.740.530.460.580.580.70.710.560.740.50.550.73-0.010.330.59
0.760.670.960.270.580.140.880.320.230.840.550.820.860.920.880.530.60.860.660.620.860.630.410.330.85
0.920.490.940.30.790.120.750.590.440.990.790.980.820.891.00.80.810.990.870.860.990.850.260.590.85
Click cells to compare fundamentals

Sunoco LP Account Relationship Matchups

Sunoco LP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B5.3B5.8B6.8B6.9B5.1B
Other Current Liab55M47M56M419M171M110.2M
Total Current Liabilities744M653M890M1.4B1.4B758.9M
Total Stockholder Equity758M632M811M942M978M814.9M
Other Liab346M338M344M383M440.5M345.5M
Accounts Payable445M267M515M966M998M1.0B
Cash21M97M25M82M29M48.5M
Other Assets194M168M188M236M271.4M387.2M
Long Term Debt3.1B3.1B3.2B3.6B3.6B2.5B
Good Will1.6B1.6B1.6B1.6B1.6B1.4B
Common Stock Shares Outstanding83.6M83.7M84.4M84.8M85.1M68.6M
Inventory419M382M534M821M889M933.5M
Other Current Assets73M62M95M175M133M70.5M
Total Liab4.7B4.6B5.0B5.9B5.9B3.8B
Intangible Assets708M646M588M542M544M563.7M
Property Plant Equipment1.4B1.4B2.2B1.8B2.0B1.5B
Short Long Term Debt Total3.6B3.7B3.8B4.1B4.1B2.9B
Property Plant And Equipment Net2.0B2.0B2.2B2.3B2.3B1.8B
Current Deferred Revenue213M314M294M182M209.3M220.5M
Net Debt3.6B3.6B3.8B4.0B4.1B2.9B
Non Current Assets Total4.5B4.4B4.6B4.8B4.9B4.1B
Non Currrent Assets Other152M144M170M211M290M304.5M
Cash And Short Term Investments21M97M25M82M29M51.8M
Liabilities And Stockholders Equity5.4B5.3B5.8B6.8B6.9B4.6B
Non Current Liabilities Total3.9B4.0B4.1B4.5B4.5B3.3B
Other Stockholder Equity758M632M811M(1.3B)978M1.0B
Property Plant And Equipment Gross1.5B1.4B2.6B2.8B3.5B1.9B
Total Current Assets924M847M1.2B2.0B1.9B1.3B
Net Tangible Assets(1.4B)(1.5B)(1.3B)(1.2B)(1.1B)(1.2B)
Long Term Debt Total3.1B3.1B3.2B3.6B4.1B3.3B
Deferred Long Term Liab103M109M104M3M3.5M3.3M
Non Current Liabilities Other767M772M521M227M20M19M
Common Stock758M632M811M942M978M1.1B

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When determining whether Sunoco LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunoco LP'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 Sunoco Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunoco Lp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. 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.
To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Sunoco LP's price analysis, check to measure Sunoco LP'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 Sunoco LP is operating at the current time. Most of Sunoco LP's value examination focuses on studying past and present price action to predict the probability of Sunoco LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunoco LP's price. Additionally, you may evaluate how the addition of Sunoco LP to your portfolios can decrease your overall portfolio volatility.
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Is Sunoco LP'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 Sunoco LP. If investors know Sunoco 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 Sunoco LP 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
0.603
Dividend Share
3.402
Earnings Share
4.5
Revenue Per Share
275.684
Quarterly Revenue Growth
0.026
The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.