Suncor Free Cash Flow Yield vs Ptb Ratio Analysis

SU Stock

CAD 57.00 0.16 0.28%

Suncor Energy financial indicator trend analysis is much more than just breaking down Suncor Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncor Energy is a good investment. Please check the relationship between Suncor Energy Free Cash Flow Yield and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suncor Energy Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Suncor Energy's Free Cash Flow Yield and Ptb Ratio is 0.15. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Suncor Energy, assuming nothing else is changed. The correlation between historical values of Suncor Energy's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Suncor Energy are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Suncor Energy's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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

To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.At this time, Suncor Energy's Tax Provision is very stable compared to the past year. As of the 16th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	19.5B	28.8B	19.5B	10.1B
Total Revenue	39.1B	58.3B	49.1B	51.5B

Gross Profit Total Revenue

Suncor Energy 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Other Current Assets	Intangible Assets	Current Deferred Revenue
Total Assets		0.89	0.21	0.89	0.98	0.99	0.76	0.74	0.84	0.43	0.99	0.01	0.43	0.41	0.87	0.97	0.54	-0.28	0.98	0.43	0.57	0.49	0.57	0.24	0.19	0.3
Short Long Term Debt Total	0.89		0.18	0.76	0.78	0.92	0.96	0.38	0.57	0.12	0.92	-0.05	0.12	0.19	0.73	0.97	0.42	-0.4	0.95	0.4	0.3	0.71	0.78	0.16	0.3	0.0
Other Current Liab	0.21	0.18		0.37	0.14	0.14	0.18	0.16	0.42	-0.02	0.17	0.3	-0.02	0.68	0.01	0.22	0.73	-0.17	0.26	0.64	0.57	0.0	0.25	0.28	0.87	-0.43
Total Current Liabilities	0.89	0.76	0.37		0.84	0.84	0.65	0.64	0.91	0.36	0.85	0.06	0.36	0.56	0.76	0.83	0.63	-0.12	0.9	0.46	0.64	0.57	0.41	0.31	0.34	0.26
Total Stockholder Equity	0.98	0.78	0.14	0.84		0.95	0.61	0.86	0.85	0.56	0.96	0.02	0.56	0.42	0.88	0.9	0.51	-0.23	0.91	0.38	0.61	0.34	0.44	0.24	0.07	0.43
Property Plant And Equipment Net	0.99	0.92	0.14	0.84	0.95		0.81	0.66	0.74	0.35	1.0	-0.07	0.35	0.3	0.87	0.98	0.47	-0.37	0.98	0.4	0.46	0.55	0.64	0.16	0.15	0.27
Net Debt	0.76	0.96	0.18	0.65	0.61	0.81		0.15	0.42	-0.17	0.81	0.0	-0.17	0.09	0.57	0.89	0.37	-0.4	0.86	0.43	0.12	0.77	0.89	0.12	0.38	-0.2
Retained Earnings	0.74	0.38	0.16	0.64	0.86	0.66	0.15		0.8	0.79	0.68	0.06	0.79	0.55	0.66	0.57	0.49	-0.1	0.61	0.31	0.74	-0.09	0.03	0.27	-0.05	0.58
Accounts Payable	0.84	0.57	0.42	0.91	0.85	0.74	0.42	0.8		0.49	0.77	0.23	0.49	0.68	0.69	0.72	0.69	0.03	0.79	0.48	0.77	0.21	0.27	0.35	0.31	0.36
Cash	0.43	0.12	-0.02	0.36	0.56	0.35	-0.17	0.79	0.49		0.35	-0.18	1.0	0.34	0.53	0.26	0.17	0.02	0.29	-0.13	0.6	-0.21	-0.4	0.14	-0.3	0.7
Non Current Assets Total	0.99	0.92	0.17	0.85	0.96	1.0	0.81	0.68	0.77	0.35		-0.01	0.35	0.33	0.87	0.98	0.5	-0.32	0.98	0.42	0.48	0.54	0.64	0.19	0.17	0.26
Non Currrent Assets Other	0.01	-0.05	0.3	0.06	0.02	-0.07	0.0	0.06	0.23	-0.18	-0.01		-0.18	0.49	0.03	-0.01	0.51	0.63	0.01	0.42	0.33	-0.18	0.1	0.37	0.38	-0.19
Cash And Short Term Investments	0.43	0.12	-0.02	0.36	0.56	0.35	-0.17	0.79	0.49	1.0	0.35	-0.18		0.34	0.53	0.26	0.17	0.02	0.29	-0.13	0.6	-0.21	-0.4	0.14	-0.3	0.7
Net Receivables	0.41	0.19	0.68	0.56	0.42	0.3	0.09	0.55	0.68	0.34	0.33	0.49	0.34		0.3	0.31	0.93	0.02	0.38	0.74	0.94	-0.03	0.05	0.69	0.65	0.13
Common Stock Shares Outstanding	0.87	0.73	0.01	0.76	0.88	0.87	0.57	0.66	0.69	0.53	0.87	0.03	0.53	0.3		0.81	0.39	-0.09	0.82	0.2	0.49	0.44	0.34	0.15	-0.08	0.5
Non Current Liabilities Total	0.97	0.97	0.22	0.83	0.9	0.98	0.89	0.57	0.72	0.26	0.98	-0.01	0.26	0.31	0.81		0.5	-0.36	0.99	0.43	0.44	0.59	0.71	0.2	0.27	0.14
Inventory	0.54	0.42	0.73	0.63	0.51	0.47	0.37	0.49	0.69	0.17	0.5	0.51	0.17	0.93	0.39	0.5		-0.14	0.55	0.89	0.87	0.16	0.39	0.63	0.77	-0.05
Other Stockholder Equity	-0.28	-0.4	-0.17	-0.12	-0.23	-0.37	-0.4	-0.1	0.03	0.02	-0.32	0.63	0.02	0.02	-0.09	-0.36	-0.14		-0.32	-0.34	-0.05	-0.3	-0.48	0.01	-0.23	0.14
Total Liab	0.98	0.95	0.26	0.9	0.91	0.98	0.86	0.61	0.79	0.29	0.98	0.01	0.29	0.38	0.82	0.99	0.55	-0.32		0.45	0.5	0.6	0.66	0.23	0.29	0.17
Property Plant And Equipment Gross	0.43	0.4	0.64	0.46	0.38	0.4	0.43	0.31	0.48	-0.13	0.42	0.42	-0.13	0.74	0.2	0.43	0.89	-0.34	0.45		0.64	0.24	0.59	0.61	0.8	-0.3
Total Current Assets	0.57	0.3	0.57	0.64	0.61	0.46	0.12	0.74	0.77	0.6	0.48	0.33	0.6	0.94	0.49	0.44	0.87	-0.05	0.5	0.64		-0.03	0.03	0.66	0.48	0.32
Short Term Debt	0.49	0.71	0.0	0.57	0.34	0.55	0.77	-0.09	0.21	-0.21	0.54	-0.18	-0.21	-0.03	0.44	0.59	0.16	-0.3	0.6	0.24	-0.03		0.57	0.09	0.23	-0.19
Other Assets	0.57	0.78	0.25	0.41	0.44	0.64	0.89	0.03	0.27	-0.4	0.64	0.1	-0.4	0.05	0.34	0.71	0.39	-0.48	0.66	0.59	0.03	0.57		0.08	0.48	-0.43
Other Current Assets	0.24	0.16	0.28	0.31	0.24	0.16	0.12	0.27	0.35	0.14	0.19	0.37	0.14	0.69	0.15	0.2	0.63	0.01	0.23	0.61	0.66	0.09	0.08		0.51	0.06
Intangible Assets	0.19	0.3	0.87	0.34	0.07	0.15	0.38	-0.05	0.31	-0.3	0.17	0.38	-0.3	0.65	-0.08	0.27	0.77	-0.23	0.29	0.8	0.48	0.23	0.48	0.51		-0.59
Current Deferred Revenue	0.3	0.0	-0.43	0.26	0.43	0.27	-0.2	0.58	0.36	0.7	0.26	-0.19	0.7	0.13	0.5	0.14	-0.05	0.14	0.17	-0.3	0.32	-0.19	-0.43	0.06	-0.59

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Suncor Energy Account Relationship Matchups

Suncor Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	89.4B	84.6B	83.7B	84.6B	88.5B	46.3B
Short Long Term Debt Total	18.0B	21.7B	18.4B	15.6B	15.8B	8.8B
Other Current Liab	310M	614M	2.1B	1.6B	1.5B	1.6B
Total Current Liabilities	10.5B	10.5B	10.4B	12.9B	9.6B	5.5B
Total Stockholder Equity	42.0B	35.8B	36.6B	39.4B	43.3B	22.4B
Property Plant And Equipment Net	75.1B	70.4B	67.8B	64.6B	67.7B	37.3B
Net Debt	16.0B	19.8B	16.1B	13.6B	14.1B	7.3B
Retained Earnings	15.4B	9.1B	11.5B	15.6B	20.0B	10.2B
Accounts Payable	6.6B	4.7B	6.5B	8.2B	7.2B	3.7B
Cash	2.0B	1.9B	2.2B	2.0B	1.7B	1.6B
Non Current Assets Total	79.5B	75.2B	72.8B	70.1B	74.7B	39.9B
Non Currrent Assets Other	905M	954M	916M	1.0B	3.0B	3.1B
Cash And Short Term Investments	2.0B	1.9B	2.2B	2.0B	1.7B	1.6B
Net Receivables	4.2B	3.9B	4.7B	6.3B	6.7B	7.1B
Common Stock Shares Outstanding	1.6B	1.5B	1.5B	1.4B	1.3B	1.3B
Liabilities And Stockholders Equity	89.4B	84.6B	83.7B	84.6B	88.5B	46.3B
Non Current Liabilities Total	36.9B	38.3B	36.7B	32.4B	35.7B	18.4B
Inventory	3.8B	3.6B	4.1B	5.1B	5.4B	5.6B
Other Stockholder Equity	566M	591M	612M	571M	569M	540.6M
Total Liab	47.4B	48.9B	47.1B	45.3B	45.3B	23.9B
Property Plant And Equipment Gross	75.1B	70.4B	67.8B	129.2B	127.3B	133.7B
Total Current Assets	9.9B	9.4B	11.0B	14.5B	13.8B	14.5B
Accumulated Other Comprehensive Income	899M	877M	814M	974M	1.0B	1.1B
Short Term Debt	2.5B	5.3B	1.8B	3.1B	842M	904.9M
Other Assets	1.1B	1.2B	1.1B	1.1B	1.3B	760.0M
Other Current Assets	227M	880M	251M	1.2B	1.0B	1.1B
Intangible Assets	166M	436M	631M	694M	636M	667.8M
Current Deferred Revenue	425M	535M	1.2B	41M	47.2M	44.8M
Common Stock	25.2B	25.1B	23.7B	22.3B	21.7B	25.2B
Other Liab	21.4B	21.9B	20.2B	19.5B	22.4B	21.5B
Net Tangible Assets	39.0B	32.4B	33.1B	35.8B	32.2B	30.2B
Long Term Debt	12.9B	13.8B	14.0B	9.8B	11.1B	13.7B
Long Term Investments	289M	323M	391M	758M	490M	388.6M
Short Long Term Debt	2.2B	5.0B	1.5B	2.8B	494M	469.3M
Property Plant Equipment	75.1B	70.4B	67.8B	64.6B	74.3B	75.7B
Long Term Debt Total	15.5B	16.4B	16.5B	12.5B	11.2B	11.9B
Capital Surpluse	566M	591M	612M	571M	656.7M	634.1M

Pair Trading with Suncor Energy

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 Suncor Energy 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 Suncor Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Suncor Stock

0.6	GUD	Knight Therapeutics	Pair Corr
0.49	SAGE	Sage Potash Corp	Pair Corr
0.4	EDV	Endeavour Mining Corp	Pair Corr

The ability to find closely correlated positions to Suncor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suncor Energy 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 Suncor Energy - 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 Suncor Energy to buy it.

The correlation of Suncor Energy 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 Suncor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suncor Energy 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 Suncor Energy 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 Correlation Correlation Matching

When determining whether Suncor Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Suncor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Suncor Energy Stock. Highlighted below are key reports to facilitate an investment decision about Suncor Energy Stock:

How To Invest In Suncor

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Is Suncor Stock a good investment?

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What is Suncor Energy'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 Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Please note, there is a significant difference between Suncor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncor Energy'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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Suncor Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Suncor Energy fundamental ratios Correlations

Suncor Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Suncor Energy fundamental ratios Accounts

Pair Trading with Suncor Energy

Moving against Suncor Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Total Stockholder Equity	+ 0.98	Total Assets

Current Deferred Revenue	- 0.59	Intangible Assets
Other Assets	- 0.48	Other Stockholder Equity
Current Deferred Revenue	- 0.43	Other Assets
Current Deferred Revenue	- 0.43	Other Current Liab
Other Assets	- 0.4	Cash And Short Term Investments
Other Assets	- 0.4	Cash