Emeren Net Invested Capital vs Short Term Investments Analysis

SOL Stock

USD 1.82 0.12 6.19%

Emeren financial indicator trend analysis is much more than just examining Emeren Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emeren Group is a good investment. Please check the relationship between Emeren Net Invested Capital and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emeren Group Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Emeren's Net Invested Capital and Short Term Investments is 0.66. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Emeren Group, assuming nothing else is changed. The correlation between historical values of Emeren's Net Invested Capital and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Emeren Group are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Emeren's Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of Emeren balance sheet. It contains any investments Emeren Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Emeren Group can easily liquidate in the marketplace.

Most indicators from Emeren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emeren Group 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 Emeren Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Emeren's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 37.7 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 100.7 K.

	2021	2022	2023	2024 (projected)
Interest Expense	5.2M	4.0M	82K	77.9K
Depreciation And Amortization	7.4M	7.5M	7.5M	7.1M

Interest Expense Depreciation And Amortization

Emeren fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Retained Earnings	Accounts Payable	Net Receivables	Non Current Liabilities Total	Common Stock Total Equity	Common Stock
Total Assets		0.95	0.85	0.95	0.41	0.99	0.85	0.43	0.98	-0.53	0.43	-0.34	0.9	0.23	0.17	0.96	0.99	0.98	0.92	0.87	0.31	0.92	0.97	0.9	-0.01	-0.16
Short Long Term Debt Total	0.95		0.81	0.98	0.17	0.95	0.96	0.23	0.93	-0.64	0.23	-0.36	0.94	0.37	0.37	0.99	0.95	0.93	0.99	0.83	0.25	0.94	0.92	0.84	-0.09	-0.29
Other Current Liab	0.85	0.81		0.87	0.12	0.81	0.79	0.14	0.79	-0.64	0.14	-0.31	0.86	0.5	0.3	0.89	0.81	0.88	0.74	0.88	0.16	0.91	0.85	0.81	-0.01	-0.21
Total Current Liabilities	0.95	0.98	0.87		0.12	0.93	0.96	0.19	0.91	-0.69	0.19	-0.37	0.97	0.4	0.33	1.0	0.93	0.95	0.97	0.89	0.21	0.98	0.93	0.81	-0.11	-0.29
Total Stockholder Equity	0.41	0.17	0.12	0.12		0.42	-0.08	0.87	0.47	0.2	0.87	0.14	0.04	-0.47	-0.34	0.17	0.42	0.33	0.13	0.15	0.42	0.09	0.36	0.47	0.28	0.43
Property Plant And Equipment Net	0.99	0.95	0.81	0.93	0.42		0.86	0.41	1.0	-0.52	0.41	-0.37	0.87	0.21	0.2	0.95	1.0	0.94	0.92	0.81	0.37	0.89	0.95	0.91	-0.05	-0.21
Net Debt	0.85	0.96	0.79	0.96	-0.08	0.86		-0.05	0.83	-0.68	-0.05	-0.42	0.92	0.51	0.42	0.94	0.86	0.84	0.96	0.77	0.12	0.92	0.86	0.71	-0.13	-0.37
Cash	0.43	0.23	0.14	0.19	0.87	0.41	-0.05		0.45	0.08	1.0	0.15	0.13	-0.47	-0.19	0.24	0.41	0.4	0.21	0.29	0.46	0.13	0.3	0.53	0.11	0.25
Non Current Assets Total	0.98	0.93	0.79	0.91	0.47	1.0	0.83	0.45		-0.47	0.45	-0.37	0.83	0.17	0.17	0.93	1.0	0.92	0.91	0.79	0.39	0.86	0.94	0.92	-0.02	-0.18
Non Currrent Assets Other	-0.53	-0.64	-0.64	-0.69	0.2	-0.52	-0.68	0.08	-0.47		0.08	0.0	-0.73	-0.43	-0.69	-0.67	-0.51	-0.57	-0.63	-0.61	-0.24	-0.72	-0.49	-0.45	0.38	0.47
Cash And Short Term Investments	0.43	0.23	0.14	0.19	0.87	0.41	-0.05	1.0	0.45	0.08		0.15	0.13	-0.47	-0.19	0.24	0.41	0.4	0.21	0.29	0.46	0.13	0.3	0.53	0.11	0.25
Common Stock Shares Outstanding	-0.34	-0.36	-0.31	-0.37	0.14	-0.37	-0.42	0.15	-0.37	0.0	0.15		-0.36	0.1	0.34	-0.37	-0.38	-0.31	-0.37	-0.38	-0.33	-0.36	-0.39	-0.29	0.39	0.56
Inventory	0.9	0.94	0.86	0.97	0.04	0.87	0.92	0.13	0.83	-0.73	0.13	-0.36		0.46	0.33	0.96	0.86	0.93	0.91	0.94	0.13	0.98	0.87	0.75	-0.1	-0.28
Other Current Assets	0.23	0.37	0.5	0.4	-0.47	0.21	0.51	-0.47	0.17	-0.43	-0.47	0.1	0.46		0.55	0.38	0.2	0.29	0.33	0.36	-0.53	0.43	0.24	0.2	0.32	0.03
Other Stockholder Equity	0.17	0.37	0.3	0.33	-0.34	0.2	0.42	-0.19	0.17	-0.69	-0.19	0.34	0.33	0.55		0.34	0.18	0.16	0.36	0.21	0.05	0.29	0.09	0.29	-0.17	-0.33
Total Liab	0.96	0.99	0.89	1.0	0.17	0.95	0.94	0.24	0.93	-0.67	0.24	-0.37	0.96	0.38	0.34		0.95	0.96	0.97	0.9	0.25	0.97	0.94	0.86	-0.1	-0.29
Property Plant And Equipment Gross	0.99	0.95	0.81	0.93	0.42	1.0	0.86	0.41	1.0	-0.51	0.41	-0.38	0.86	0.2	0.18	0.95		0.94	0.92	0.81	0.37	0.89	0.95	0.91	-0.04	-0.2
Total Current Assets	0.98	0.93	0.88	0.95	0.33	0.94	0.84	0.4	0.92	-0.57	0.4	-0.31	0.93	0.29	0.16	0.96	0.94		0.9	0.92	0.22	0.95	0.95	0.85	-0.01	-0.13
Short Term Debt	0.92	0.99	0.74	0.97	0.13	0.92	0.96	0.21	0.91	-0.63	0.21	-0.37	0.91	0.33	0.36	0.97	0.92	0.9		0.79	0.24	0.91	0.9	0.79	-0.12	-0.31
Current Deferred Revenue	0.87	0.83	0.88	0.89	0.15	0.81	0.77	0.29	0.79	-0.61	0.29	-0.38	0.94	0.36	0.21	0.9	0.81	0.92	0.79		0.18	0.91	0.81	0.8	-0.07	-0.23
Retained Earnings	0.31	0.25	0.16	0.21	0.42	0.37	0.12	0.46	0.39	-0.24	0.46	-0.33	0.13	-0.53	0.05	0.25	0.37	0.22	0.24	0.18		0.16	0.24	0.46	-0.69	-0.6
Accounts Payable	0.92	0.94	0.91	0.98	0.09	0.89	0.92	0.13	0.86	-0.72	0.13	-0.36	0.98	0.43	0.29	0.97	0.89	0.95	0.91	0.91	0.16		0.92	0.76	-0.11	-0.27
Net Receivables	0.97	0.92	0.85	0.93	0.36	0.95	0.86	0.3	0.94	-0.49	0.3	-0.39	0.87	0.24	0.09	0.94	0.95	0.95	0.9	0.81	0.24	0.92		0.81	0.02	-0.11
Non Current Liabilities Total	0.9	0.84	0.81	0.81	0.47	0.91	0.71	0.53	0.92	-0.45	0.53	-0.29	0.75	0.2	0.29	0.86	0.91	0.85	0.79	0.8	0.46	0.76	0.81		-0.01	-0.21
Common Stock Total Equity	-0.01	-0.09	-0.01	-0.11	0.28	-0.05	-0.13	0.11	-0.02	0.38	0.11	0.39	-0.1	0.32	-0.17	-0.1	-0.04	-0.01	-0.12	-0.07	-0.69	-0.11	0.02	-0.01		0.89
Common Stock	-0.16	-0.29	-0.21	-0.29	0.43	-0.21	-0.37	0.25	-0.18	0.47	0.25	0.56	-0.28	0.03	-0.33	-0.29	-0.2	-0.13	-0.31	-0.23	-0.6	-0.27	-0.11	-0.21	0.89

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Emeren Account Relationship Matchups

Emeren fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	319.9M	337.4M	529.3M	500.5M	478.0M	705.6M
Short Long Term Debt Total	121.3M	115.6M	57.9M	70.6M	58.9M	56.0M
Other Current Liab	40.6M	30.8M	18.3M	22.4M	29.9M	31.4M
Total Current Liabilities	109.4M	88.2M	35.1M	42.6M	58.4M	55.5M
Total Stockholder Equity	94.7M	139.6M	404.0M	358.2M	326.3M	250.8M
Property Plant And Equipment Net	192.3M	168.7M	167.1M	217.6M	197.2M	339.1M
Net Debt	97.0M	75.0M	(196.2M)	(36.5M)	(11.3M)	(10.7M)
Cash	24.3M	40.6M	254.1M	107.1M	70.2M	100.3M
Non Current Assets Total	216.9M	200.2M	199.8M	273.6M	293.0M	377.7M
Non Currrent Assets Other	23.8M	29.2M	30.8M	44.2M	95.7M	100.5M
Cash And Short Term Investments	24.3M	40.6M	254.1M	107.1M	70.2M	100.5M
Common Stock Shares Outstanding	40.6M	49.8M	69.8M	64.9M	5.7M	5.4M
Liabilities And Stockholders Equity	319.9M	337.4M	529.3M	500.5M	478.0M	705.6M
Inventory	19.2M	2.5M	594K	1.2M	1.1M	1.0M
Other Current Assets	38.2M	76.0M	21.3M	36.2M	20.9M	19.8M
Other Stockholder Equity	9.7M	7.8M	(6.0M)	4.4M	(27.2M)	(25.8M)
Total Liab	182.4M	153.6M	80.9M	101.0M	113.9M	108.2M
Property Plant And Equipment Gross	192.3M	168.7M	167.1M	217.6M	225.5M	340.2M
Total Current Assets	103.1M	137.2M	329.5M	226.9M	185.0M	327.9M
Short Term Debt	48.3M	50.2M	12.1M	12.2M	6.9M	6.5M
Current Deferred Revenue	86K	901K	82K	3.6M	8.6M	8.1M
Retained Earnings	(442.3M)	(439.1M)	(432.7M)	(426.8M)	(446.7M)	(424.4M)
Accounts Payable	20.4M	6.3M	3.8M	7.1M	13.0M	12.4M
Net Receivables	21.3M	20.2M	50.4M	70.8M	94.0M	81.1M
Non Current Liabilities Total	73.0M	65.4M	45.8M	58.4M	55.6M	52.8M
Accumulated Other Comprehensive Income	(2.9M)	(3.6M)	(4.6M)	(14.8M)	(6.5M)	(6.1M)
Common Stock Total Equity	519.2M	519.3M	530.2M	574.5M	660.7M	483.9M
Common Stock	530.2M	574.5M	847.4M	848.1M	806.7M	556.4M
Other Assets	24.6M	30.4M	31.6M	47.2M	42.5M	70.9M
Long Term Debt	3.4M	0.0	62K	22.6M	22.7M	16.9M
Long Term Debt Total	50.1M	44.0M	30.0M	37.5M	33.7M	44.8M
Capital Surpluse	9.7M	7.8M	12.4M	13.5M	15.5M	10.7M
Property Plant Equipment	192.3M	168.7M	167.1M	214.8M	193.4M	173.9M
Net Tangible Assets	94.7M	138.6M	403.0M	357.1M	410.7M	431.3M
Cash And Equivalents	24.3M	40.6M	254.1M	107.1M	123.2M	76.0M
Capital Lease Obligations	79.7M	74.6M	57.8M	47.0M	36.8M	50.4M
Net Invested Capital	136.3M	180.6M	404.1M	381.7M	349.4M	276.3M

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When determining whether Emeren Group is a strong investment it is important to analyze Emeren's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Emeren's future performance. For an informed investment choice regarding Emeren Stock, refer to the following important reports:

How To Invest In Emeren

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Is Emeren Stock a good investment?

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What is Emeren's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Construction & Engineering 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 Emeren. If investors know Emeren 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 Emeren 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

(0.92)

Earnings Share

(0.05)

Revenue Per Share

1.915

Quarterly Revenue Growth

(0.11)

Return On Assets

(0.01)

The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.

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Emeren Net Invested Capital vs Short Term Investments Analysis

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Term Investments

Emeren fundamental ratios Correlations

Emeren Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Emeren fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Property Plant And Equipment Net	+ 0.99	Total Assets

Inventory	- 0.73	Non Currrent Assets Other
Accounts Payable	- 0.72	Non Currrent Assets Other
Common Stock Total Equity	- 0.69	Retained Earnings
Other Stockholder Equity	- 0.69	Non Currrent Assets Other
Non Currrent Assets Other	- 0.69	Total Current Liabilities
Non Currrent Assets Other	- 0.68	Net Debt