Discontinued — last reported Q4 '23
Free cash flow
Sun Communities Free cash flow remained flat by 0.0% to -$46.53M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 329.8%, from $20.25M to -$46.53M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved operational efficiency or reduced capital intensity, providing more flexibility for capital allocation. A decrease may indicate higher investment in R&D or infrastructure, or potential challenges in converting earnings into cash.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
Large-cap medical device and pharmaceutical peers typically maintain strong, positive free cash flow, though levels vary based on the intensity of R&D spending and the lifecycle stage of major product lines.
free_cash_flowHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $20.25M | $20.25M | $20.25M | $20.25M | -$46.53M | -$46.53M | -$46.53M | -$46.53M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -329.8% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -329.8% | -329.8% | -329.8% | -329.8% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Sun Communities's free cash flow?
- Sun Communities (SUI) reported free cash flow of -$46.53M in Q1 2023.
- How has Sun Communities's free cash flow changed year-over-year?
- Sun Communities's free cash flow decreased by 329.8% year-over-year, from $20.25M to -$46.53M.
- What does free cash flow mean?
- The cash remaining after a company pays for its operating expenses and capital investments.