Sun Accounts Payable vs Total Assets Analysis

SUI Stock  USD 124.17  2.95  2.32%   
Sun Communities financial indicator trend analysis is much more than just breaking down Sun Communities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Communities is a good investment. Please check the relationship between Sun Communities Accounts Payable and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Communities Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sun Communities' Accounts Payable and Total Assets is -0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sun Communities, assuming nothing else is changed. The correlation between historical values of Sun Communities' Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sun Communities are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Sun Communities' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Sun Communities obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sun Communities are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Sun Communities assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sun Communities books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sun Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Communities 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 Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.As of now, Sun Communities' Selling General Administrative is increasing as compared to previous years. The Sun Communities' current Enterprise Value is estimated to increase to about 1.7 B, while Tax Provision is forecasted to increase to (3 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.4B891.2M935.8M
Total Revenue2.3B2.9B3.2B3.4B

Sun Communities fundamental ratios Correlations

0.990.99-0.020.98-0.941.00.450.370.920.970.980.430.990.960.340.820.50.570.970.330.970.530.93-0.330.97
0.990.970.031.0-0.910.990.470.460.960.940.990.450.990.980.270.760.50.570.930.350.930.580.94-0.280.99
0.990.97-0.070.96-0.920.990.540.430.90.970.960.520.970.960.260.770.550.660.970.290.970.580.87-0.220.97
-0.020.03-0.070.030.05-0.03-0.220.060.01-0.140.0-0.180.020.00.050.06-0.2-0.09-0.140.04-0.140.050.09-0.10.0
0.981.00.960.03-0.920.980.430.40.950.930.990.410.990.970.30.780.470.520.930.350.930.560.95-0.320.98
-0.94-0.91-0.920.05-0.92-0.95-0.31-0.14-0.85-0.96-0.91-0.28-0.95-0.86-0.5-0.85-0.42-0.43-0.97-0.53-0.97-0.32-0.870.47-0.89
1.00.990.99-0.030.98-0.950.440.360.920.970.980.420.990.950.350.820.490.570.970.330.970.520.93-0.330.97
0.450.470.54-0.220.43-0.310.440.790.480.530.51.00.380.59-0.64-0.070.670.840.460.260.460.850.160.680.55
0.370.460.430.060.4-0.140.360.790.540.350.480.790.330.59-0.64-0.150.530.750.270.070.270.810.260.620.52
0.920.960.90.010.95-0.850.920.480.540.890.970.450.930.970.180.630.460.510.870.410.870.550.9-0.210.97
0.970.940.97-0.140.93-0.960.970.530.350.890.950.510.950.920.290.740.50.590.990.430.990.480.83-0.240.95
0.980.990.960.00.99-0.910.980.50.480.970.950.470.980.980.240.710.490.560.940.390.940.560.92-0.241.0
0.430.450.52-0.180.41-0.280.421.00.790.450.510.470.350.56-0.65-0.090.670.850.440.250.440.850.130.70.52
0.990.990.970.020.99-0.950.990.380.330.930.950.980.350.950.390.840.450.50.950.360.950.480.95-0.390.97
0.960.980.960.00.97-0.860.950.590.590.970.920.980.560.950.110.650.60.680.90.360.90.670.88-0.120.98
0.340.270.260.050.3-0.50.35-0.64-0.640.180.290.24-0.650.390.110.76-0.25-0.370.380.060.38-0.540.5-0.980.18
0.820.760.770.060.78-0.850.82-0.07-0.150.630.740.71-0.090.840.650.760.230.210.790.170.790.130.84-0.740.68
0.50.50.55-0.20.47-0.420.490.670.530.460.50.490.670.450.6-0.250.230.850.480.280.480.690.30.30.51
0.570.570.66-0.090.52-0.430.570.840.750.510.590.560.850.50.68-0.370.210.850.550.190.550.830.320.450.61
0.970.930.97-0.140.93-0.970.970.460.270.870.990.940.440.950.90.380.790.480.550.41.00.420.84-0.320.93
0.330.350.290.040.35-0.530.330.260.070.410.430.390.250.360.360.060.170.280.190.40.40.130.23-0.060.37
0.970.930.97-0.140.93-0.970.970.460.270.870.990.940.440.950.90.380.790.480.551.00.40.420.84-0.320.93
0.530.580.580.050.56-0.320.520.850.810.550.480.560.850.480.67-0.540.130.690.830.420.130.420.350.520.59
0.930.940.870.090.95-0.870.930.160.260.90.830.920.130.950.880.50.840.30.320.840.230.840.35-0.540.9
-0.33-0.28-0.22-0.1-0.320.47-0.330.680.62-0.21-0.24-0.240.7-0.39-0.12-0.98-0.740.30.45-0.32-0.06-0.320.52-0.54-0.18
0.970.990.970.00.98-0.890.970.550.520.970.951.00.520.970.980.180.680.510.610.930.370.930.590.9-0.18
Click cells to compare fundamentals

Sun Communities Account Relationship Matchups

Sun Communities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B11.2B13.5B17.1B16.9B17.8B
Short Long Term Debt Total3.4B4.8B6.7B9.3B8.0B8.3B
Total Stockholder Equity3.8B5.5B6.6B7.8B7.1B7.4B
Net Debt3.3B4.6B5.6B9.2B7.9B8.3B
Retained Earnings(1.4B)(1.6B)(1.6B)(1.7B)(2.4B)(2.3B)
Non Current Assets Total7.5B10.7B12.7B16.0B16.2B17.0B
Non Currrent Assets Other7.4B10.0B11.9B14.6B283.5M269.3M
Other Assets61.4M265.0M14.1B14.3B(2.5B)(2.4B)
Net Receivables157.9M221.7M469.6M617.3M477.8M501.7M
Common Stock Shares Outstanding88.5M97.5M112.6M122.9M123.8M130.0M
Liabilities And Stockholders Equity7.8B11.2B13.5B17.1B16.9B17.8B
Non Current Liabilities Total3.4B3.9B6.2B8.3B6.9B7.3B
Other Stockholder Equity5.2B6.9B7.9B9.5B(1.0)(0.95)
Total Liab3.9B5.6B6.8B9.2B9.5B10.0B
Total Current Assets349.5M491.3M785.7M1.0B726.1M762.4M
Other Current Liab71.7M87.0M(698.9M)(2.0B)3.3B3.4B
Total Current Liabilities516.3M1.7B578.7M859.7M2.8B3.0B
Cash34.8M98.3M78.2M90.4M42.7M29.5M
Cash And Short Term Investments129.6M223.0M265.1M217.7M42.7M52.6M
Common Stock Total Equity932K1.1M1.2M1.2M1.4M1.4M
Common Stock932K1.1M1.2M1.2M1.4M1.4M
Short Term Debt183.9M1.2B1.0B2.1B18.5M17.6M
Other Liab186.4M322.4M755.7M1.3B1.5B1.6B
Accounts Payable127.3M148.4M361M396.3M(805M)(764.8M)
Long Term Debt3.3B3.5B5.7B7.2B5.7B6.0B
Accumulated Other Comprehensive Income(1.3M)3.2M3.1M(9.9M)12.2M12.8M
Inventory62.1M46.6M51.1M202.7M205.6M215.9M
Short Term Investments94.7M124.7M186.9M127.3M17.7B18.6B
Other Current Assets(254.8M)(360.9M)(598.9M)(910.4M)(726.1M)(689.8M)
Intangible Assets67.5M305.6M306.8M402M369.5M388.0M
Net Tangible Assets3.9B5.1B6.1B6.6B7.6B8.0B
Noncontrolling Interest In Consolidated Entity56.2M102.1M106.7M78.7M90.5M70.2M
Retained Earnings Total Equity(1.4B)(1.6B)(1.6B)(1.7B)(1.6B)(1.6B)
Long Term Debt Total3.3B3.5B5.7B7.2B8.3B8.7B
Capital Surpluse5.2B7.1B8.2B9.5B11.0B11.5B

Currently Active Assets on Macroaxis

When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' 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 Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Single-Family Residential 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 Sun Communities. If investors know Sun 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 Sun Communities 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
1.391
Dividend Share
3.75
Earnings Share
1.86
Revenue Per Share
25.753
Quarterly Revenue Growth
(0.03)
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' 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 Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' 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 Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' 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.