Clean Pocfratio vs Capex To Depreciation Analysis
CLH Stock | USD 241.20 3.50 1.47% |
Clean Harbors financial indicator trend analysis is way more than just evaluating Clean Harbors prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clean Harbors is a good investment. Please check the relationship between Clean Harbors Pocfratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Harbors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
Pocfratio vs Capex To Depreciation
Pocfratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Harbors Pocfratio account and Capex To Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Clean Harbors' Pocfratio and Capex To Depreciation is 0.29. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Clean Harbors, assuming nothing else is changed. The correlation between historical values of Clean Harbors' Pocfratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Clean Harbors are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pocfratio i.e., Clean Harbors' Pocfratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pocfratio
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Clean Harbors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clean Harbors 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Harbors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.As of now, Clean Harbors' Selling General Administrative is increasing as compared to previous years. The Clean Harbors' current Tax Provision is estimated to increase to about 131.7 M, while Discontinued Operations is projected to decrease to under 2.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 79.9M | 112.3M | 120.5M | 126.6M | Depreciation And Amortization | 309.9M | 360.5M | 379.4M | 398.4M |
Clean Harbors fundamental ratios Correlations
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Clean Harbors Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clean Harbors fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.1B | 5.7B | 6.1B | 6.4B | 6.7B | |
Short Long Term Debt Total | 1.7B | 1.7B | 2.7B | 2.6B | 2.5B | 2.6B | |
Other Current Liab | 299.8M | 321.9M | 416.6M | 419.8M | 424.1M | 445.3M | |
Total Current Liabilities | 720.1M | 636.1M | 925.3M | 1.0B | 1.0B | 1.1B | |
Total Stockholder Equity | 1.3B | 1.3B | 1.5B | 1.9B | 2.2B | 2.4B | |
Property Plant And Equipment Net | 1.8B | 1.7B | 2.0B | 2.1B | 2.4B | 2.5B | |
Net Debt | 1.4B | 1.2B | 2.2B | 2.1B | 2.0B | 2.1B | |
Retained Earnings | 834.9M | 969.7M | 1.2B | 1.6B | 2.0B | 2.1B | |
Non Current Assets Total | 2.7B | 2.6B | 3.9B | 4.1B | 4.3B | 4.5B | |
Non Currrent Assets Other | 13.6M | 16.5M | 15.6M | 81.8M | 59.7M | 62.7M | |
Net Receivables | 701.1M | 667.2M | 887.7M | 1.1B | 1.1B | 1.1B | |
Common Stock Shares Outstanding | 56.1M | 55.7M | 54.8M | 54.5M | 54.4M | 39.3M | |
Liabilities And Stockholders Equity | 4.1B | 4.1B | 5.7B | 6.1B | 6.4B | 6.7B | |
Non Current Liabilities Total | 2.1B | 2.2B | 3.2B | 3.2B | 3.1B | 3.3B | |
Other Current Assets | 70.7M | 67.1M | 68.5M | 82.5M | 82.9M | 87.1M | |
Other Stockholder Equity | 644.4M | 582.7M | 536.4M | 504.2M | 459.7M | 321.1M | |
Total Liab | 2.8B | 2.8B | 4.1B | 4.2B | 4.1B | 4.3B | |
Property Plant And Equipment Gross | 1.8B | 1.7B | 2.0B | 2.1B | 5.2B | 5.4B | |
Total Current Assets | 1.4B | 1.5B | 1.7B | 2.0B | 2.1B | 2.2B | |
Accumulated Other Comprehensive Income | (210.1M) | (211.5M) | (196.0M) | (167.2M) | (175.3M) | (166.6M) | |
Short Term Debt | 48.5M | 44.3M | 65.1M | 59.5M | 66.4M | 69.8M | |
Cash | 372.0M | 519.1M | 452.6M | 492.6M | 444.7M | 466.9M | |
Cash And Short Term Investments | 414.4M | 571.0M | 534.3M | 554.6M | 550.8M | 578.3M | |
Intangible Assets | 419.1M | 386.6M | 644.9M | 620.8M | 602.8M | 632.9M | |
Accounts Payable | 298.4M | 195.9M | 359.9M | 446.6M | 451.8M | 474.4M | |
Inventory | 214.7M | 220.5M | 250.7M | 325.0M | 327.5M | 343.9M | |
Short Term Investments | 42.4M | 51.9M | 81.7M | 62.0M | 106.1M | 111.4M | |
Other Liab | 409.3M | 489.9M | 579.5M | 566.8M | 651.8M | 345.2M | |
Other Assets | 29.5M | 115M | 15.6M | 81.8M | 94.1M | 98.8M | |
Long Term Debt | 1.6B | 1.5B | 2.5B | 2.4B | 2.3B | 2.4B | |
Good Will | 525.0M | 527.0M | 1.2B | 1.2B | 1.3B | 1.4B | |
Property Plant Equipment | 1.7B | 1.7B | 2.0B | 2.1B | 2.5B | 2.6B | |
Current Deferred Revenue | 73.4M | 74.1M | 83.7M | 94.1M | 95.2M | 53.1M | |
Net Tangible Assets | 1.3B | 1.3B | 1.5B | 1.9B | 2.2B | 1.4B | |
Retained Earnings Total Equity | 834.9M | 969.7M | 1.2B | 1.6B | 1.8B | 1.9B | |
Long Term Debt Total | 1.6B | 1.5B | 2.5B | 2.4B | 2.8B | 1.6B | |
Capital Surpluse | 644.4M | 582.7M | 536.4M | 504.2M | 453.8M | 532.0M |
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When determining whether Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' 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 Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Harbors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Environmental & Facilities Services 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 Clean Harbors. If investors know Clean 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 Clean Harbors 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 0.262 | Earnings Share 7.68 | Revenue Per Share 107.451 | Quarterly Revenue Growth 0.12 | Return On Assets 0.0628 |
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.