Sun Treasury Stock vs Net Receivables Analysis

SNCY Stock  USD 10.40  0.35  3.26%   
Sun Country financial indicator trend analysis is much more than just breaking down Sun Country Airlines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Country Airlines is a good investment. Please check the relationship between Sun Country Treasury Stock and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Country Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Treasury Stock vs Net Receivables

Treasury Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Country Airlines Treasury Stock account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sun Country's Treasury Stock and Net Receivables is 0.6. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sun Country Airlines, assuming nothing else is changed. The correlation between historical values of Sun Country's Treasury Stock 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 Treasury Stock of Sun Country Airlines 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 Treasury Stock i.e., Sun Country's Treasury Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Treasury Stock

Net Receivables

Most indicators from Sun Country's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Country Airlines 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 Country Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Enterprise Value is likely to rise to about 2.1 B in 2024, whereas Tax Provision is likely to drop slightly above 13.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization55.0M67.6M89.5M64.9M
Interest Income85K4.5M10.1M10.6M

Sun Country fundamental ratios Correlations

0.080.840.35-0.060.21-0.17-0.10.340.450.170.04-0.180.190.260.20.210.38-0.450.47-0.370.34-0.090.0-0.23-0.09
0.080.160.870.820.97-0.780.890.920.360.750.73-0.790.830.850.860.80.87-0.850.640.090.870.370.780.49-0.57
0.840.160.320.150.20.05-0.080.350.16-0.07-0.210.050.470.130.20.010.42-0.490.74-0.720.33-0.48-0.02-0.47-0.11
0.350.870.320.840.91-0.870.820.960.390.760.72-0.870.750.920.950.850.94-0.940.74-0.010.960.310.830.46-0.78
-0.060.820.150.840.74-0.630.760.76-0.10.470.46-0.620.750.70.810.60.79-0.740.72-0.170.80.00.710.38-0.86
0.210.970.20.910.74-0.850.910.970.550.840.82-0.850.820.910.90.870.89-0.910.640.160.90.480.840.5-0.52
-0.17-0.780.05-0.87-0.63-0.85-0.87-0.86-0.49-0.97-0.951.0-0.48-0.98-0.91-0.99-0.830.78-0.37-0.48-0.89-0.72-0.89-0.810.61
-0.10.89-0.080.820.760.91-0.870.890.410.850.87-0.860.750.890.920.870.82-0.810.510.350.850.580.960.67-0.51
0.340.920.350.960.760.97-0.860.890.520.820.78-0.860.840.940.960.880.96-0.980.760.060.960.40.880.47-0.58
0.450.360.160.39-0.10.55-0.490.410.520.590.6-0.490.320.480.370.50.32-0.490.150.30.350.620.410.150.18
0.170.75-0.070.760.470.84-0.970.850.820.590.98-0.970.440.950.850.980.78-0.730.280.60.830.830.860.83-0.4
0.040.73-0.210.720.460.82-0.950.870.780.60.98-0.950.410.910.820.960.71-0.670.20.660.760.870.860.84-0.38
-0.18-0.790.05-0.87-0.62-0.851.0-0.86-0.86-0.49-0.97-0.95-0.47-0.97-0.9-0.99-0.830.77-0.36-0.49-0.89-0.73-0.87-0.810.61
0.190.830.470.750.750.82-0.480.750.840.320.440.41-0.470.630.750.510.79-0.870.89-0.310.75-0.010.680.06-0.4
0.260.850.130.920.70.91-0.980.890.940.480.950.91-0.970.630.960.990.93-0.880.550.340.960.610.910.73-0.62
0.20.860.20.950.810.9-0.910.920.960.370.850.82-0.90.750.960.910.96-0.930.690.180.970.450.950.62-0.68
0.210.80.010.850.60.87-0.990.870.880.50.980.96-0.990.510.990.910.86-0.80.40.490.90.730.880.81-0.55
0.380.870.420.940.790.89-0.830.820.960.320.780.71-0.830.790.930.960.86-0.960.790.020.990.30.840.51-0.66
-0.45-0.85-0.49-0.94-0.74-0.910.78-0.81-0.98-0.49-0.73-0.670.77-0.87-0.88-0.93-0.8-0.96-0.850.09-0.95-0.27-0.84-0.340.57
0.470.640.740.740.720.64-0.370.510.760.150.280.2-0.360.890.550.690.40.79-0.85-0.560.74-0.270.54-0.09-0.53
-0.370.09-0.72-0.01-0.170.16-0.480.350.060.30.60.66-0.49-0.310.340.180.490.020.09-0.560.090.910.350.810.15
0.340.870.330.960.80.9-0.890.850.960.350.830.76-0.890.750.960.970.90.99-0.950.740.090.380.870.57-0.7
-0.090.37-0.480.310.00.48-0.720.580.40.620.830.87-0.73-0.010.610.450.730.3-0.27-0.270.910.380.570.810.01
0.00.78-0.020.830.710.84-0.890.960.880.410.860.86-0.870.680.910.950.880.84-0.840.540.350.870.570.68-0.54
-0.230.49-0.470.460.380.5-0.810.670.470.150.830.84-0.810.060.730.620.810.51-0.34-0.090.810.570.810.68-0.4
-0.09-0.57-0.11-0.78-0.86-0.520.61-0.51-0.580.18-0.4-0.380.61-0.4-0.62-0.68-0.55-0.660.57-0.530.15-0.70.01-0.54-0.4
Click cells to compare fundamentals

Sun Country Account Relationship Matchups

Sun Country fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab56.9M46.6M65.0M232.9M187.0M136.3M
Total Current Liabilities353.6M253.7M281.7M377.1M418.6M349.7M
Other Liab50.0M50.9M120.8K106.7M122.8M63.7M
Net Tangible Assets(35.6M)(31.5M)486.8K492.7M566.6M594.9M
Retained Earnings42.2M38.3M594K22.0M94.2M98.9M
Accounts Payable43.9M34.0M39.8M62.4M59.0M49.1M
Other Assets83.8M75.4M427.6K(100K)(90K)(85.5K)
Net Receivables22.4M28.7M30.2M35.1M38.2M30.4M
Inventory5.3M5.4M5.4M7.7M7.8M6.7M
Other Current Assets2.8M5.6M66.1M253.4M3.7M3.5M
Other Stockholder Equity2.4M6.3M485.6M470.9M419.6M253.2M
Total Current Assets112.5M126.7M375.4M345.5M271.4M240.7M
Property Plant Equipment492.2M535.8M573.6K700.4M805.5M422.3M

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When determining whether Sun Country Airlines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Country'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 Sun Country Airlines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Country Airlines Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Country Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Sun Country Airlines information on this page should be used as a complementary analysis to other Sun Country's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Sun Country's price analysis, check to measure Sun Country'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 Sun Country is operating at the current time. Most of Sun Country's value examination focuses on studying past and present price action to predict the probability of Sun Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Country's price. Additionally, you may evaluate how the addition of Sun Country to your portfolios can decrease your overall portfolio volatility.
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Is Sun Country'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 Sun Country. 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 Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.23
Revenue Per Share
19.539
Quarterly Revenue Growth
0.059
Return On Assets
0.0493
Return On Equity
0.1302
The market value of Sun Country Airlines 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 Country's value that differs from its market value or its book value, called intrinsic value, which is Sun Country'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 Sun Country's market value can be influenced by many factors that don't directly affect Sun Country'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 Sun Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Country'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.