Sunstone Other Operating Expenses vs Cost Of Revenue Analysis

SHO Stock  USD 10.05  0.05  0.50%   
Sunstone Hotel financial indicator trend analysis is much more than just breaking down Sunstone Hotel Investors prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunstone Hotel Investors is a good investment. Please check the relationship between Sunstone Hotel Other Operating Expenses and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunstone Hotel Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunstone Hotel Investors Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sunstone Hotel's Other Operating Expenses and Cost Of Revenue is 0.97. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Sunstone Hotel Investors, assuming nothing else is changed. The correlation between historical values of Sunstone Hotel's Other Operating Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Sunstone Hotel Investors are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Other Operating Expenses i.e., Sunstone Hotel's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sunstone Hotel Investors. It is also known as Sunstone Hotel overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Sunstone Hotel Investors income statement and represents the costs associated with goods and services Sunstone Hotel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Sunstone Hotel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunstone Hotel Investors 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 Sunstone Hotel Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
As of the 19th of November 2024, Tax Provision is likely to grow to about 2.4 M, while Selling General Administrative is likely to drop about 151.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit218.2M463.5M476.5M486.9M
Total Revenue509.2M912.1M986.0M886.9M

Sunstone Hotel fundamental ratios Correlations

0.89-0.310.560.45-0.340.790.550.62-0.310.240.430.490.14-0.21-0.010.610.170.610.53-0.860.050.17-0.09-0.130.68
0.89-0.540.460.42-0.130.970.590.22-0.54-0.190.350.49-0.18-0.570.170.69-0.260.690.47-0.770.12-0.250.18-0.110.74
-0.31-0.54-0.03-0.41-0.16-0.52-0.440.291.00.46-0.02-0.20.130.48-0.12-0.280.49-0.28-0.040.21-0.040.52-0.17-0.2-0.33
0.560.46-0.030.65-0.690.420.320.57-0.030.390.760.710.410.14-0.160.150.320.150.38-0.390.050.270.05-0.180.19
0.450.42-0.410.65-0.260.430.620.31-0.410.150.360.60.350.120.04-0.060.02-0.060.22-0.440.2-0.030.280.11-0.03
-0.34-0.13-0.16-0.69-0.260.010.13-0.65-0.16-0.62-0.69-0.69-0.46-0.310.1-0.15-0.52-0.15-0.60.030.11-0.490.490.38-0.19
0.790.97-0.520.420.430.010.670.07-0.52-0.340.260.45-0.29-0.620.280.61-0.40.610.37-0.750.16-0.390.34-0.080.64
0.550.59-0.440.320.620.130.670.21-0.44-0.070.030.270.12-0.060.270.0-0.130.00.18-0.66-0.04-0.140.260.150.02
0.620.220.290.570.31-0.650.070.210.290.90.440.330.680.54-0.330.120.840.120.4-0.5-0.090.84-0.5-0.120.18
-0.31-0.541.0-0.03-0.41-0.16-0.52-0.440.290.45-0.02-0.20.130.48-0.12-0.280.49-0.28-0.040.21-0.040.52-0.17-0.2-0.33
0.24-0.190.460.390.15-0.62-0.34-0.070.90.450.260.080.830.79-0.45-0.160.97-0.160.19-0.14-0.110.97-0.61-0.11-0.12
0.430.35-0.020.760.36-0.690.260.030.44-0.020.260.770.18-0.11-0.350.430.240.430.28-0.070.030.2-0.2-0.370.45
0.490.49-0.20.710.6-0.690.450.270.33-0.20.080.770.08-0.140.220.28-0.070.280.64-0.24-0.02-0.11-0.01-0.240.31
0.14-0.180.130.410.35-0.46-0.290.120.680.130.830.180.080.78-0.39-0.350.8-0.350.09-0.04-0.120.77-0.440.08-0.3
-0.21-0.570.480.140.12-0.31-0.62-0.060.540.480.79-0.11-0.140.78-0.21-0.730.77-0.730.00.11-0.330.74-0.350.17-0.69
-0.010.17-0.12-0.160.040.10.280.27-0.33-0.12-0.45-0.350.22-0.39-0.21-0.15-0.56-0.150.56-0.13-0.18-0.550.460.13-0.16
0.610.69-0.280.15-0.06-0.150.610.00.12-0.28-0.160.430.28-0.35-0.73-0.15-0.161.00.2-0.350.41-0.13-0.11-0.390.97
0.17-0.260.490.320.02-0.52-0.4-0.130.840.490.970.24-0.070.80.77-0.56-0.16-0.160.05-0.07-0.120.99-0.61-0.1-0.13
0.610.69-0.280.15-0.06-0.150.610.00.12-0.28-0.160.430.28-0.35-0.73-0.151.0-0.160.2-0.350.41-0.13-0.11-0.390.97
0.530.47-0.040.380.22-0.60.370.180.4-0.040.190.280.640.090.00.560.20.050.2-0.37-0.280.04-0.1-0.120.27
-0.86-0.770.21-0.39-0.440.03-0.75-0.66-0.50.21-0.14-0.07-0.24-0.040.11-0.13-0.35-0.07-0.35-0.37-0.06-0.09-0.15-0.19-0.43
0.050.12-0.040.050.20.110.16-0.04-0.09-0.04-0.110.03-0.02-0.12-0.33-0.180.41-0.120.41-0.28-0.06-0.10.21-0.170.26
0.17-0.250.520.27-0.03-0.49-0.39-0.140.840.520.970.2-0.110.770.74-0.55-0.130.99-0.130.04-0.09-0.1-0.62-0.12-0.1
-0.090.18-0.170.050.280.490.340.26-0.5-0.17-0.61-0.2-0.01-0.44-0.350.46-0.11-0.61-0.11-0.1-0.150.21-0.620.3-0.14
-0.13-0.11-0.2-0.180.110.38-0.080.15-0.12-0.2-0.11-0.37-0.240.080.170.13-0.39-0.1-0.39-0.12-0.19-0.17-0.120.3-0.27
0.680.74-0.330.19-0.03-0.190.640.020.18-0.33-0.120.450.31-0.3-0.69-0.160.97-0.130.970.27-0.430.26-0.1-0.14-0.27
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Sunstone Hotel Account Relationship Matchups

Sunstone Hotel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.0B3.0B3.1B3.1B3.2B
Total Stockholder Equity2.6B2.0B2.2B2.1B2.2B1.7B
Property Plant And Equipment Net108.3M72.3M23.2M15.0M15.9M15.1M
Non Current Assets Total3.0B2.6B2.8B2.9B12.8M12.1M
Non Currrent Assets Other2.9B2.5B2.7B2.8B(4.1M)(3.8M)
Other Assets17.0M2.6B2.7B12.9M2.6B2.7B
Common Stock Shares Outstanding225.7M215.9M216.3M212.7M205.9M146.1M
Liabilities And Stockholders Equity3.9B3.0B3.0B3.1B3.1B3.2B
Other Stockholder Equity1.4B2.4B2.4B2.5B2.4B1.6B
Total Liab1.3B896.3M801.3M997.9M982.7M1.0B
Property Plant And Equipment Gross115.9M79.0M23.2M15.0M15.9M15.1M
Short Long Term Debt Total1.0B790.3M634.6M827.0M831.3M927.2M
Other Current Liab189.8M54.6M61.0M15.0M(111.3M)(105.7M)
Total Current Liabilities325.6M90.8M175.8M380.9M16.7M15.9M
Other Liab17.1M17.5M11.7M12.0M10.8M10.2M
Net Debt219.5M421.9M514.1M725.8M404.9M714.4M
Accounts Payable35.6M18.8M47.7M73.7M48.4M37.8M
Cash816.9M368.4M120.5M101.2M426.4M292.7M
Long Term Debt889.0M742.5M588.7M590.7M740.5M859.1M
Cash And Short Term Investments816.9M368.4M120.5M101.2M426.4M298.9M
Net Receivables35.2M8.6M28.7M42.1M31.2M25.0M
Common Stock Total Equity2.2M2.2M2.2M2.1M1.9M1.8M
Non Current Liabilities Total972.4M805.5M625.5M617.0M886.9M912.9M
Inventory48.1M47.7M118.5M56.0M9.2M16.4M
Other Current Assets13.6M58.2M132.9M70.7M93.7M74.6M
Total Current Assets913.7M435.1M282.1M214.0M551.3M449.2M
Accumulated Other Comprehensive Income(301.3M)(729.6M)(716.0M)0.0(66.3M)(69.6M)
Short Term Debt82.1M7.3M20.7M220M74.1M78.2M
Intangible Assets31.9M20.4M42.7M42.7M930K883.5K
Common Stock2.2M2.2M2.2M2.1M2.0M1.9M
Property Plant Equipment2.9B2.5B2.7B2.9B3.3B1.9B
Current Deferred Revenue18.0M13.3M33.8M44.2M2.7M2.6M
Retained Earnings1.3B913.8M948.1M1.0B(533.1M)(506.4M)
Noncontrolling Interest In Consolidated Entity47.7M46.2M40.7M40.8M46.9M48.5M
Retained Earnings Total Equity(301.3M)(729.6M)(716.0M)(664.0M)(597.6M)(567.7M)
Deferred Long Term Liab2.7M4.4M2.6M5.0M5.8M3.6M

Pair Trading with Sunstone Hotel

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 Sunstone Hotel 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 Sunstone Hotel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sunstone Stock

  0.69PK Park Hotels ResortsPairCorr

Moving against Sunstone Stock

  0.32OPI Office Properties IncomePairCorr
The ability to find closely correlated positions to Sunstone Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunstone Hotel 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 Sunstone Hotel - 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 Sunstone Hotel Investors to buy it.
The correlation of Sunstone Hotel 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 Sunstone Hotel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunstone Hotel Investors 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 Sunstone Hotel 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.
Pair CorrelationCorrelation Matching
When determining whether Sunstone Hotel Investors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunstone Hotel'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 Sunstone Hotel Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunstone Hotel Investors Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunstone Hotel Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Hotel & Resort REITs space 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 Sunstone Hotel. If investors know Sunstone 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 Sunstone Hotel 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
(0.42)
Dividend Share
0.32
Earnings Share
0.75
Revenue Per Share
4.493
Quarterly Revenue Growth
(0.09)
The market value of Sunstone Hotel Investors is measured differently than its book value, which is the value of Sunstone that is recorded on the company's balance sheet. Investors also form their own opinion of Sunstone Hotel's value that differs from its market value or its book value, called intrinsic value, which is Sunstone Hotel'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 Sunstone Hotel's market value can be influenced by many factors that don't directly affect Sunstone Hotel'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 Sunstone Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunstone Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunstone Hotel'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.