Clean Price To Sales Ratio vs Operating Cash Flow Per Share 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 Price To Sales Ratio and its Operating Cash Flow Per Share 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.

Price To Sales Ratio vs Operating Cash Flow Per Share

Price To Sales Ratio vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Harbors Price To Sales Ratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Clean Harbors' Price To Sales Ratio and Operating Cash Flow Per Share is 0.41. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Operating Cash Flow Per Share 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' Price To Sales Ratio and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Clean Harbors are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Price To Sales Ratio i.e., Clean Harbors' Price To Sales Ratio and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Clean Harbors stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Clean Harbors sales, a figure that is much harder to manipulate than other Clean Harbors multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
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 Expense79.9M112.3M120.5M126.6M
Depreciation And Amortization309.9M360.5M379.4M398.4M

Clean Harbors fundamental ratios Correlations

0.970.830.990.960.980.960.921.00.770.980.450.980.450.170.990.830.980.220.850.890.870.960.980.810.45
0.970.740.940.870.950.990.860.970.670.920.441.00.260.150.990.730.930.350.830.860.870.890.950.770.43
0.830.740.870.830.760.760.810.80.670.860.250.790.67-0.010.810.670.88-0.30.80.850.610.810.820.830.26
0.990.940.870.960.960.940.930.980.790.990.410.960.510.10.980.820.980.160.850.890.820.970.960.830.41
0.960.870.830.960.950.870.920.960.820.960.430.90.560.180.920.880.950.120.80.840.820.960.930.770.44
0.980.950.760.960.950.940.870.980.70.950.560.970.430.290.970.810.950.270.840.860.890.930.960.740.56
0.960.990.760.940.870.940.860.970.680.920.40.990.270.130.980.740.910.290.780.820.880.910.950.790.39
0.920.860.810.930.920.870.860.90.830.950.150.880.35-0.190.90.920.940.180.80.860.650.90.940.910.14
1.00.970.80.980.960.980.970.90.760.960.460.980.420.20.990.820.950.250.810.850.910.960.970.780.46
0.770.670.670.790.820.70.680.830.760.810.130.70.41-0.090.730.720.770.060.60.640.60.840.780.630.13
0.980.920.860.990.960.950.920.950.960.810.40.950.510.070.960.840.990.150.860.890.770.970.960.840.4
0.450.440.250.410.430.560.40.150.460.130.40.460.40.860.450.110.420.190.460.380.590.410.36-0.010.99
0.981.00.790.960.90.970.990.880.980.70.950.460.340.171.00.760.950.280.850.880.880.920.970.790.45
0.450.260.670.510.560.430.270.350.420.410.510.40.340.330.380.340.49-0.440.410.390.390.520.370.240.44
0.170.15-0.010.10.180.290.13-0.190.2-0.090.070.860.170.330.16-0.140.080.080.10.010.510.150.07-0.330.89
0.990.990.810.980.920.970.980.90.990.730.960.451.00.380.160.780.970.260.860.890.870.940.970.80.44
0.830.730.670.820.880.810.740.920.820.720.840.110.760.34-0.140.780.820.190.620.70.610.830.830.830.11
0.980.930.880.980.950.950.910.940.950.770.990.420.950.490.080.970.820.140.920.950.760.930.970.840.42
0.220.35-0.30.160.120.270.290.180.250.060.150.190.28-0.440.080.260.190.140.130.10.270.160.22-0.010.16
0.850.830.80.850.80.840.780.80.810.60.860.460.850.410.10.860.620.920.130.990.610.740.840.730.44
0.890.860.850.890.840.860.820.860.850.640.890.380.880.390.010.890.70.950.10.990.620.780.880.830.36
0.870.870.610.820.820.890.880.650.910.60.770.590.880.390.510.870.610.760.270.610.620.840.810.50.61
0.960.890.810.970.960.930.910.90.960.840.970.410.920.520.150.940.830.930.160.740.780.840.920.760.41
0.980.950.820.960.930.960.950.940.970.780.960.360.970.370.070.970.830.970.220.840.880.810.920.840.35
0.810.770.830.830.770.740.790.910.780.630.84-0.010.790.24-0.330.80.830.84-0.010.730.830.50.760.84-0.02
0.450.430.260.410.440.560.390.140.460.130.40.990.450.440.890.440.110.420.160.440.360.610.410.35-0.02
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Clean Harbors Account Relationship Matchups

Clean Harbors fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.1B5.7B6.1B6.4B6.7B
Short Long Term Debt Total1.7B1.7B2.7B2.6B2.5B2.6B
Other Current Liab299.8M321.9M416.6M419.8M424.1M445.3M
Total Current Liabilities720.1M636.1M925.3M1.0B1.0B1.1B
Total Stockholder Equity1.3B1.3B1.5B1.9B2.2B2.4B
Property Plant And Equipment Net1.8B1.7B2.0B2.1B2.4B2.5B
Net Debt1.4B1.2B2.2B2.1B2.0B2.1B
Retained Earnings834.9M969.7M1.2B1.6B2.0B2.1B
Non Current Assets Total2.7B2.6B3.9B4.1B4.3B4.5B
Non Currrent Assets Other13.6M16.5M15.6M81.8M59.7M62.7M
Net Receivables701.1M667.2M887.7M1.1B1.1B1.1B
Common Stock Shares Outstanding56.1M55.7M54.8M54.5M54.4M39.3M
Liabilities And Stockholders Equity4.1B4.1B5.7B6.1B6.4B6.7B
Non Current Liabilities Total2.1B2.2B3.2B3.2B3.1B3.3B
Other Current Assets70.7M67.1M68.5M82.5M82.9M87.1M
Other Stockholder Equity644.4M582.7M536.4M504.2M459.7M321.1M
Total Liab2.8B2.8B4.1B4.2B4.1B4.3B
Property Plant And Equipment Gross1.8B1.7B2.0B2.1B5.2B5.4B
Total Current Assets1.4B1.5B1.7B2.0B2.1B2.2B
Accumulated Other Comprehensive Income(210.1M)(211.5M)(196.0M)(167.2M)(175.3M)(166.6M)
Short Term Debt48.5M44.3M65.1M59.5M66.4M69.8M
Cash372.0M519.1M452.6M492.6M444.7M466.9M
Cash And Short Term Investments414.4M571.0M534.3M554.6M550.8M578.3M
Intangible Assets419.1M386.6M644.9M620.8M602.8M632.9M
Accounts Payable298.4M195.9M359.9M446.6M451.8M474.4M
Inventory214.7M220.5M250.7M325.0M327.5M343.9M
Short Term Investments42.4M51.9M81.7M62.0M106.1M111.4M
Other Liab409.3M489.9M579.5M566.8M651.8M345.2M
Other Assets29.5M115M15.6M81.8M94.1M98.8M
Long Term Debt1.6B1.5B2.5B2.4B2.3B2.4B
Good Will525.0M527.0M1.2B1.2B1.3B1.4B
Property Plant Equipment1.7B1.7B2.0B2.1B2.5B2.6B
Current Deferred Revenue73.4M74.1M83.7M94.1M95.2M53.1M
Net Tangible Assets1.3B1.3B1.5B1.9B2.2B1.4B
Retained Earnings Total Equity834.9M969.7M1.2B1.6B1.8B1.9B
Long Term Debt Total1.6B1.5B2.5B2.4B2.8B1.6B
Capital Surpluse644.4M582.7M536.4M504.2M453.8M532.0M

Currently Active Assets on Macroaxis

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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.