CWEN-A Stock | | | USD 25.81 0.24 0.94% |
Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy is a good investment. Please check the relationship between Clearway Energy Begin Period Cash Flow and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway 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 board of governors.
Begin Period Cash Flow vs Net Income
Begin Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Clearway Energy Begin Period Cash Flow account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Clearway Energy's Begin Period Cash Flow and Net Income is 0.25. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Clearway Energy, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Begin Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Clearway Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Begin Period Cash Flow i.e., Clearway Energy's Begin Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Clearway Energy financial statement analysis. It represents the amount of money remaining after all of Clearway Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Clearway Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearway 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway 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 board of governors.
At present, Clearway Energy's
Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's
Sales General And Administrative To Revenue is expected to grow to 0.04, whereas
Selling General Administrative is forecasted to decline to about 23.2
M.
Clearway Energy fundamental ratios Correlations
Click cells to compare fundamentals
Clearway Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearway Energy fundamental ratios Accounts
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Other Information on Investing in Clearway Stock
Balance Sheet is a snapshot of the
financial position of Clearway Energy at a specified time, usually calculated after every quarter, six months, or one year. Clearway Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clearway Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clearway currently owns. An asset can also be divided into two categories, current and non-current.