SunPower Good Will vs Total Liab Analysis
SPWR Stock | USD 2.98 0.06 2.05% |
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 Good Will and its Total Liab 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.
Good Will vs Total Liab
Good Will vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunPower Good Will account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SunPower's Good Will and Total Liab is -0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of SunPower, assuming nothing else is changed. The correlation between historical values of SunPower's Good Will and Total Liab 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 SunPower are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Good Will i.e., SunPower's Good Will and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 05/29/2024, 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 Expenses | 245.1M | 364.1M | 417.0M | 267.1M | Cost Of Revenue | 1.1B | 1.4B | 1.4B | 1.3B |
SunPower fundamental ratios Correlations
Click cells to compare fundamentals
SunPower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SunPower fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 1.6B | 1.6B | 1.8B | 1.3B | 2.4B | |
Total Stockholder Equity | 10.2M | 404.2M | 388.4M | 574.9M | 305.7M | 290.4M | |
Net Debt | 671.5M | 459.1M | 460.5M | 171.3M | 290.0M | 352.2M | |
Cash | 423.0M | 232.8M | 127.1M | 377.0M | 89.4M | 84.9M | |
Other Assets | 127.6M | 704.2M | 190.1M | 155.3M | 178.6M | 338.9M | |
Cash And Short Term Investments | 423.0M | 232.8M | 493.0M | 509.5M | 89.4M | 84.9M | |
Common Stock Shares Outstanding | 169.7M | 197.2M | 172.4M | 174.6M | 175.0M | 116.1M | |
Liabilities And Stockholders Equity | 2.2B | 1.6B | 1.6B | 1.8B | 1.3B | 2.4B | |
Other Stockholder Equity | 2.5B | 2.5B | 2.5B | 2.6B | 2.6B | 1.7B | |
Total Liab | 2.2B | 1.2B | 1.2B | 1.2B | 1.0B | 1.7B | |
Total Current Assets | 1.4B | 790.3M | 1.1B | 1.3B | 828.8M | 1.4B | |
Short Long Term Debt Total | 1.1B | 691.8M | 587.6M | 548.3M | 379.4M | 360.4M | |
Other Current Liab | 203.9M | 121.9M | 114.9M | 145.2M | 154.6M | 247.4M | |
Total Current Liabilities | 898.4M | 529.7M | 505.6M | 1.1B | 883.9M | 955.5M | |
Property Plant And Equipment Net | 429.3M | 151.2M | 140.0M | 153.2M | 177.4M | 168.5M | |
Retained Earnings | (2.4B) | (2.1B) | (2.1B) | (2.1B) | (2.3B) | (2.2B) | |
Accounts Payable | 441.8M | 166.1M | 177.1M | 242.2M | 220.4M | 308.7M | |
Non Current Assets Total | 791.0M | 856.2M | 481.3M | 511.5M | 518.3M | 492.4M | |
Long Term Debt | 934.1M | 56.4M | 424.1M | 308K | 354.2K | 336.5K | |
Net Receivables | 325.9M | 223.4M | 208.5M | 225.3M | 215.2M | 275.1M | |
Common Stock Total Equity | 168K | 170K | 173K | 174K | 156.6K | 148.8K | |
Non Current Liabilities Total | 1.3B | 710.3M | 659.2M | 154.0M | 156.5M | 148.7M | |
Inventory | 358.3M | 210.6M | 243.0M | 316.8M | 261.6M | 258.1M | |
Other Current Assets | 12.7M | 21.0M | 8.1M | 197.8M | 262.6M | 275.8M | |
Property Plant And Equipment Gross | 429.3M | 151.2M | 140.0M | 153.2M | 176.2M | 167.4M | |
Accumulated Other Comprehensive Income | (9.5M) | 8.8M | 11.2M | 11.6M | 14.0M | 14.7M | |
Short Term Debt | 114.3M | 169.3M | 124.8M | 518.7M | 355.5M | 270.3M | |
Common Stock | 168K | 170K | 173K | 174K | 175K | 166.3K | |
Property Plant Equipment | 323.7M | 46.8M | 140.0M | 74.5M | 85.7M | 81.4M | |
Intangible Assets | 7.5M | 697K | 24.9M | 24.2M | 14.0M | 19.8M | |
Other Liab | 270.0M | 187.8M | 196.3M | 116.5M | 133.9M | 127.2M | |
Current Deferred Revenue | 138.4M | 72.4M | 88.8M | 144.2M | 153.5M | 143.2M | |
Non Currrent Assets Other | 340.2M | 704.2M | 190.1M | 157.6M | 191.8M | 235.6M | |
Short Term Investments | 2.6M | 729K | 365.9M | 132.5M | 152.4M | 160.0M | |
Treasury Stock | (192.6M) | (205.5M) | (215.2M) | (226.6M) | (204.0M) | (193.8M) | |
Net Tangible Assets | 2.7M | 404.2M | 237.2M | 424.3M | 381.9M | 551.0M | |
Noncontrolling Interest In Consolidated Entity | 11.3M | 2.3M | 1.6M | 803K | 923.5K | 877.3K | |
Retained Earnings Total Equity | (2.4B) | (2.1B) | (2.1B) | (2.1B) | (1.9B) | (2.0B) |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for SunPower Stock analysis
When running SunPower's price analysis, check to measure SunPower'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 SunPower is operating at the current time. Most of SunPower's value examination focuses on studying past and present price action to predict the probability of SunPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunPower's price. Additionally, you may evaluate how the addition of SunPower to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Global Correlations Find global opportunities by holding instruments from different markets | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
CEOs Directory Screen CEOs from public companies around the world | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
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.