Sun Retained Earnings vs Net Debt Analysis

SNCY Stock

USD 8.88 0.99 10.03%

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 Retained Earnings and its Net Debt 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Country Airlines Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sun Country's Retained Earnings and Net Debt is 0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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 Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sun Country Airlines are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Sun Country's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 closely tied 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 2025, whereas Tax Provision is likely to drop slightly above 14 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	177.7M	269.2M	749.0M	786.4M
Total Revenue	894.4M	1.0B	1.1B	837.3M

Gross Profit Total Revenue

Sun Country fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.97	0.64	0.93	0.98	0.08	0.89	0.98	0.91	0.76	0.95	0.48	0.99	0.55	-0.94	0.77	0.98	-0.46	0.44	0.8	0.99	0.87	0.38	0.95	1.0	0.92
Short Long Term Debt Total	0.97		0.46	0.9	0.9	-0.03	0.82	0.97	0.96	0.73	0.91	0.45	0.97	0.49	-0.85	0.7	1.0	-0.41	0.45	0.73	0.99	0.78	0.25	0.92	0.99	0.86
Other Current Liab	0.64	0.46		0.7	0.73	0.68	0.84	0.65	0.51	0.67	0.71	0.01	0.65	0.19	-0.72	0.4	0.52	-0.52	0.2	0.8	0.53	0.86	0.81	0.55	0.59	0.54
Total Current Liabilities	0.93	0.9	0.7		0.89	0.26	0.91	0.96	0.93	0.83	0.97	0.22	0.96	0.3	-0.82	0.57	0.9	-0.49	0.36	0.82	0.88	0.89	0.55	0.78	0.94	0.75
Total Stockholder Equity	0.98	0.9	0.73	0.89		0.12	0.89	0.94	0.82	0.73	0.91	0.54	0.95	0.62	-0.98	0.83	0.93	-0.48	0.41	0.8	0.95	0.89	0.4	0.95	0.95	0.94
Other Liab	0.08	-0.03	0.68	0.26	0.12		0.39	0.18	0.18	0.26	0.27	-0.68	0.15	-0.46	-0.07	-0.33	0.02	-0.08	-0.24	0.55	-0.01	0.47	0.78	-0.04	0.07	-0.12
Net Tangible Assets	0.89	0.82	0.84	0.91	0.89	0.39		0.9	0.84	0.87	0.93	0.18	0.91	0.33	-0.89	0.53	0.85	-0.68	0.53	0.89	0.84	0.92	0.66	0.8	0.88	0.75
Property Plant And Equipment Net	0.98	0.97	0.65	0.96	0.94	0.18	0.9		0.96	0.81	0.95	0.34	1.0	0.39	-0.88	0.68	0.98	-0.46	0.35	0.81	0.96	0.9	0.45	0.9	0.99	0.83
Net Debt	0.91	0.96	0.51	0.93	0.82	0.18	0.84	0.96		0.77	0.92	0.17	0.95	0.24	-0.75	0.5	0.95	-0.4	0.36	0.78	0.92	0.81	0.41	0.81	0.94	0.71
Retained Earnings	0.76	0.73	0.67	0.83	0.73	0.26	0.87	0.81	0.77		0.74	0.08	0.82	0.05	-0.69	0.47	0.74	-0.83	0.34	0.57	0.71	0.85	0.56	0.6	0.76	0.51
Accounts Payable	0.95	0.91	0.71	0.97	0.91	0.27	0.93	0.95	0.92	0.74		0.27	0.95	0.42	-0.88	0.57	0.93	-0.44	0.47	0.91	0.91	0.87	0.53	0.85	0.95	0.83
Cash	0.48	0.45	0.01	0.22	0.54	-0.68	0.18	0.34	0.17	0.08	0.27		0.37	0.92	-0.59	0.85	0.45	-0.16	0.39	0.05	0.52	0.16	-0.41	0.63	0.44	0.73
Non Current Assets Total	0.99	0.97	0.65	0.96	0.95	0.15	0.91	1.0	0.95	0.82	0.95	0.37		0.43	-0.9	0.71	0.98	-0.49	0.39	0.8	0.97	0.9	0.43	0.91	0.99	0.85
Non Currrent Assets Other	0.55	0.49	0.19	0.3	0.62	-0.46	0.33	0.39	0.24	0.05	0.42	0.92	0.43		-0.7	0.78	0.51	-0.12	0.54	0.32	0.58	0.25	-0.22	0.71	0.51	0.83
Other Assets	-0.94	-0.85	-0.72	-0.82	-0.98	-0.07	-0.89	-0.88	-0.75	-0.69	-0.88	-0.59	-0.9	-0.7		-0.83	-0.89	0.53	-0.57	-0.79	-0.92	-0.82	-0.41	-0.95	-0.91	-0.96
Cash And Short Term Investments	0.77	0.7	0.4	0.57	0.83	-0.33	0.53	0.68	0.5	0.47	0.57	0.85	0.71	0.78	-0.83		0.72	-0.33	0.33	0.37	0.77	0.55	0.06	0.83	0.73	0.86
Net Receivables	0.98	1.0	0.52	0.9	0.93	0.02	0.85	0.98	0.95	0.74	0.93	0.45	0.98	0.51	-0.89	0.72		-0.42	0.45	0.76	1.0	0.82	0.3	0.94	0.99	0.88
Good Will	-0.46	-0.41	-0.52	-0.49	-0.48	-0.08	-0.68	-0.46	-0.4	-0.83	-0.44	-0.16	-0.49	-0.12	0.53	-0.33	-0.42		-0.54	-0.3	-0.42	-0.58	-0.35	-0.37	-0.45	-0.34
Common Stock Shares Outstanding	0.44	0.45	0.2	0.36	0.41	-0.24	0.53	0.35	0.36	0.34	0.47	0.39	0.39	0.54	-0.57	0.33	0.45	-0.54		0.42	0.47	0.19	0.16	0.48	0.45	0.55
Short Term Investments	0.8	0.73	0.8	0.82	0.8	0.55	0.89	0.81	0.78	0.57	0.91	0.05	0.8	0.32	-0.79	0.37	0.76	-0.3	0.42		0.76	0.82	0.69	0.74	0.8	0.72
Non Current Liabilities Total	0.99	0.99	0.53	0.88	0.95	-0.01	0.84	0.96	0.92	0.71	0.91	0.52	0.97	0.58	-0.92	0.77	1.0	-0.42	0.47	0.76		0.8	0.27	0.97	0.99	0.92
Inventory	0.87	0.78	0.86	0.89	0.89	0.47	0.92	0.9	0.81	0.85	0.87	0.16	0.9	0.25	-0.82	0.55	0.82	-0.58	0.19	0.82	0.8		0.59	0.77	0.85	0.7
Other Current Assets	0.38	0.25	0.81	0.55	0.4	0.78	0.66	0.45	0.41	0.56	0.53	-0.41	0.43	-0.22	-0.41	0.06	0.3	-0.35	0.16	0.69	0.27	0.59		0.22	0.36	0.18
Other Stockholder Equity	0.95	0.92	0.55	0.78	0.95	-0.04	0.8	0.9	0.81	0.6	0.85	0.63	0.91	0.71	-0.95	0.83	0.94	-0.37	0.48	0.74	0.97	0.77	0.22		0.94	0.97
Total Liab	1.0	0.99	0.59	0.94	0.95	0.07	0.88	0.99	0.94	0.76	0.95	0.44	0.99	0.51	-0.91	0.73	0.99	-0.45	0.45	0.8	0.99	0.85	0.36	0.94		0.89
Total Current Assets	0.92	0.86	0.54	0.75	0.94	-0.12	0.75	0.83	0.71	0.51	0.83	0.73	0.85	0.83	-0.96	0.86	0.88	-0.34	0.55	0.72	0.92	0.7	0.18	0.97	0.89

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Sun Country Account Relationship Matchups

Sun Country fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.4B	1.5B	1.6B	1.6B	1.4B
Short Long Term Debt Total	536.8M	545.6M	629.6M	697.8M	619.0M	571.3M
Other Current Liab	141.8M	170.8M	215.3M	220.3M	247.8M	209.8M
Total Current Liabilities	253.7M	281.7M	377.1M	418.6M	422.3M	366.1M
Total Stockholder Equity	283.8M	486.8M	492.7M	514.4M	570.4M	450.6M
Other Liab	50.0M	50.9M	120.8K	106.7M	122.8M	63.7M
Net Tangible Assets	(35.6M)	(31.5M)	486.8K	492.7M	566.6M	594.9M
Property Plant And Equipment Net	546.0M	573.6M	785.7M	983.9M	994.9M	720.5M
Net Debt	474.8M	236.3M	537.5M	651.5M	535.8M	463.3M
Retained Earnings	38.3M	594K	22.0M	94.2M	147.1M	154.5M
Accounts Payable	34.0M	39.8M	62.4M	59.0M	56.0M	50.9M
Cash	62.0M	309.3M	92.1M	46.3M	83.2M	108.0M
Non Current Assets Total	926.5M	1.0B	1.2B	1.4B	1.4B	1.1B
Non Currrent Assets Other	6.4M	427.6M	251.8M	62.6M	68.6M	133.6M
Other Assets	83.8M	75.4M	427.6K	(100K)	(90K)	(85.5K)
Cash And Short Term Investments	67.7M	309.3M	92.1M	187.4M	187.3M	149.7M
Net Receivables	28.7M	30.2M	35.1M	38.2M	35.3M	31.6M
Short Term Investments	5.6M	6.3M	178.9M	141.1M	104.1M	70.8M
Liabilities And Stockholders Equity	1.1B	1.4B	1.5B	1.6B	1.6B	1.4B
Non Current Liabilities Total	515.7M	608.1M	654.6M	690.6M	637.5M	580.6M
Inventory	5.4M	5.4M	7.7M	7.8M	10.5M	7.4M
Other Current Assets	25.0M	24.3M	31.7M	38.0M	33.5M	33.1M
Other Stockholder Equity	248.5M	485.6M	470.9M	419.6M	422.7M	322.7M
Total Liab	769.5M	889.8M	1.0B	1.1B	1.1B	946.7M
Total Current Assets	126.7M	375.4M	345.5M	271.4M	266.6M	248.2M
Short Term Debt	72.1M	58.3M	81.8M	121.2M	87.6M	89.9M
Intangible Assets	93.1M	89.1M	85.1M	83.6M	77.8M	71.7M
Common Stock	239.2M	579K	582K	589K	595K	565.3K
Property Plant Equipment	492.2M	535.8M	573.6K	700.4M	805.5M	422.3M
Long Term Debt	256.3M	248M	294.7M	327.5M	239.5M	264.0M
Capital Lease Obligations	254.4M	268.2M	277.4M	296.1M	291.9M	234.4M
Net Invested Capital	566.3M	277.4M	352.2M	916.0M	897.5M	619.7M
Property Plant And Equipment Gross	546.0M	688.6M	700.4M	1.2B	1.3B	920.6M
Short Long Term Debt	26.1M	29.4M	57.5M	74.2M	87.6M	52.8M
Capital Stock	239.2M	579K	582K	589K	595K	565.3K
Non Current Liabilities Other	50.9M	120.8M	106.8M	104.9M	18.6M	17.7M

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Sun Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Sun Country fundamental ratios Correlations

Sun Country Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sun Country fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Net Receivables	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Net Receivables
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Other Assets	- 0.98	Total Stockholder Equity
Total Current Assets	- 0.96	Other Assets
Other Stockholder Equity	- 0.95	Other Assets
Other Assets	- 0.94	Total Assets
Non Current Liabilities Total	- 0.92	Other Assets
Total Liab	- 0.91	Other Assets