Sunworks Stock Net Income
| SUNWQ Stock | 0.0001 0.00 0.00% |
Sunworks' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Sunworks Stock price.
| Last Reported | Projected for Next Year | ||
| Net Loss | -25.4 M | -24.1 M | |
| Net Loss | -25.4 M | -26.7 M | |
| Net Loss | (0.77) | (0.81) | |
| Net Income Per E B T | 0.90 | 0.80 |
Sunworks | Net Income | Build AI portfolio with Sunworks Stock |
Sunworks Company Net Income Analysis
Sunworks' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Sunworks Net Income | (28.21 M) |
Most of Sunworks' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sunworks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sunworks Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Sunworks is extremely important. It helps to project a fair market value of Sunworks Stock properly, considering its historical fundamentals such as Net Income. Since Sunworks' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sunworks' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sunworks' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Sunworks Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Sunworks reported net income of (28.21 Million). This is 105.23% lower than that of the Technology sector and 45.88% lower than that of the Solar industry. The net income for all United States stocks is 104.94% higher than that of the company.
Sunworks Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sunworks' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sunworks could also be used in its relative valuation, which is a method of valuing Sunworks by comparing valuation metrics of similar companies.Sunworks is currently under evaluation in net income category among its peers.
Sunworks Fundamentals
| Return On Equity | -1.35 | ||||
| Return On Asset | -0.25 | ||||
| Profit Margin | (0.40) % | ||||
| Operating Margin | (0.35) % | ||||
| Current Valuation | 4.06 M | ||||
| Shares Owned By Insiders | 3.61 % | ||||
| Number Of Shares Shorted | 6.81 M | ||||
| Price To Book | 0.0003 X | ||||
| Revenue | 161.94 M | ||||
| Gross Profit | 53.58 M | ||||
| EBITDA | (22.02 M) | ||||
| Net Income | (28.21 M) | ||||
| Total Debt | 4.88 M | ||||
| Book Value Per Share | 0.44 X | ||||
| Cash Flow From Operations | (28.19 M) | ||||
| Short Ratio | 2.71 X | ||||
| Earnings Per Share | (1.63) X | ||||
| Price To Earnings To Growth | 0.37 X | ||||
| Number Of Employees | 622 | ||||
| Beta | 31.3 | ||||
| Market Capitalization | 5.68 K | ||||
| Total Asset | 119.94 M | ||||
| Retained Earnings | (143.47 M) | ||||
| Working Capital | 23.6 M | ||||
| Net Asset | 119.94 M |
About Sunworks Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sunworks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunworks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunworks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Sunworks
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sunworks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sunworks will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sunworks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunworks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sunworks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sunworks to buy it.
The correlation of Sunworks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sunworks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunworks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sunworks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sunworks Stock Analysis
When running Sunworks' price analysis, check to measure Sunworks' 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 Sunworks is operating at the current time. Most of Sunworks' value examination focuses on studying past and present price action to predict the probability of Sunworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunworks' price. Additionally, you may evaluate how the addition of Sunworks to your portfolios can decrease your overall portfolio volatility.