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 Direction | Positive |
Relationship Strength | Very 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 Profit | 218.2M | 463.5M | 476.5M | 486.9M | Total Revenue | 509.2M | 912.1M | 986.0M | 886.9M |
Sunstone Hotel fundamental ratios Correlations
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Sunstone Hotel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sunstone Hotel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 3.0B | 3.0B | 3.1B | 3.1B | 3.2B | |
Total Stockholder Equity | 2.6B | 2.0B | 2.2B | 2.1B | 2.2B | 1.7B | |
Property Plant And Equipment Net | 108.3M | 72.3M | 23.2M | 15.0M | 15.9M | 15.1M | |
Non Current Assets Total | 3.0B | 2.6B | 2.8B | 2.9B | 12.8M | 12.1M | |
Non Currrent Assets Other | 2.9B | 2.5B | 2.7B | 2.8B | (4.1M) | (3.8M) | |
Other Assets | 17.0M | 2.6B | 2.7B | 12.9M | 2.6B | 2.7B | |
Common Stock Shares Outstanding | 225.7M | 215.9M | 216.3M | 212.7M | 205.9M | 146.1M | |
Liabilities And Stockholders Equity | 3.9B | 3.0B | 3.0B | 3.1B | 3.1B | 3.2B | |
Other Stockholder Equity | 1.4B | 2.4B | 2.4B | 2.5B | 2.4B | 1.6B | |
Total Liab | 1.3B | 896.3M | 801.3M | 997.9M | 982.7M | 1.0B | |
Property Plant And Equipment Gross | 115.9M | 79.0M | 23.2M | 15.0M | 15.9M | 15.1M | |
Short Long Term Debt Total | 1.0B | 790.3M | 634.6M | 827.0M | 831.3M | 927.2M | |
Other Current Liab | 189.8M | 54.6M | 61.0M | 15.0M | (111.3M) | (105.7M) | |
Total Current Liabilities | 325.6M | 90.8M | 175.8M | 380.9M | 16.7M | 15.9M | |
Other Liab | 17.1M | 17.5M | 11.7M | 12.0M | 10.8M | 10.2M | |
Net Debt | 219.5M | 421.9M | 514.1M | 725.8M | 404.9M | 714.4M | |
Accounts Payable | 35.6M | 18.8M | 47.7M | 73.7M | 48.4M | 37.8M | |
Cash | 816.9M | 368.4M | 120.5M | 101.2M | 426.4M | 292.7M | |
Long Term Debt | 889.0M | 742.5M | 588.7M | 590.7M | 740.5M | 859.1M | |
Cash And Short Term Investments | 816.9M | 368.4M | 120.5M | 101.2M | 426.4M | 298.9M | |
Net Receivables | 35.2M | 8.6M | 28.7M | 42.1M | 31.2M | 25.0M | |
Common Stock Total Equity | 2.2M | 2.2M | 2.2M | 2.1M | 1.9M | 1.8M | |
Non Current Liabilities Total | 972.4M | 805.5M | 625.5M | 617.0M | 886.9M | 912.9M | |
Inventory | 48.1M | 47.7M | 118.5M | 56.0M | 9.2M | 16.4M | |
Other Current Assets | 13.6M | 58.2M | 132.9M | 70.7M | 93.7M | 74.6M | |
Total Current Assets | 913.7M | 435.1M | 282.1M | 214.0M | 551.3M | 449.2M | |
Accumulated Other Comprehensive Income | (301.3M) | (729.6M) | (716.0M) | 0.0 | (66.3M) | (69.6M) | |
Short Term Debt | 82.1M | 7.3M | 20.7M | 220M | 74.1M | 78.2M | |
Intangible Assets | 31.9M | 20.4M | 42.7M | 42.7M | 930K | 883.5K | |
Common Stock | 2.2M | 2.2M | 2.2M | 2.1M | 2.0M | 1.9M | |
Property Plant Equipment | 2.9B | 2.5B | 2.7B | 2.9B | 3.3B | 1.9B | |
Current Deferred Revenue | 18.0M | 13.3M | 33.8M | 44.2M | 2.7M | 2.6M | |
Retained Earnings | 1.3B | 913.8M | 948.1M | 1.0B | (533.1M) | (506.4M) | |
Noncontrolling Interest In Consolidated Entity | 47.7M | 46.2M | 40.7M | 40.8M | 46.9M | 48.5M | |
Retained Earnings Total Equity | (301.3M) | (729.6M) | (716.0M) | (664.0M) | (597.6M) | (567.7M) | |
Deferred Long Term Liab | 2.7M | 4.4M | 2.6M | 5.0M | 5.8M | 3.6M |
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
Moving against Sunstone Stock
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.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.