Clearway Long Term Investments vs Total Liab Analysis
CWEN Stock | USD 26.14 0.17 0.65% |
Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy Class is a good investment. Please check the relationship between Clearway Energy Long Term Investments and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Long Term Investments vs Total Liab
Long Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Class Long Term Investments account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Clearway Energy's Long Term Investments and Total Liab is 0.43. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Clearway Energy Class, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Long Term Investments and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Clearway Energy Class are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Investments i.e., Clearway Energy's Long Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Clearway Energy balance sheet that represents investments Clearway Energy Class intends to hold for over a year. Clearway Energy Class long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Class 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 Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Clearway Energy's Tax Provision is very stable compared to the past year. As of the 27th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop about 23.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 312M | 232M | 337M | 245.9M | Depreciation And Amortization | 664M | 701M | 727M | 387.2M |
Clearway Energy fundamental ratios Correlations
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Clearway Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearway Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 104M | 109M | 116M | 117M | 134.6M | 98.9M | |
Total Assets | 9.7B | 10.6B | 12.8B | 12.3B | 14.7B | 9.0B | |
Short Long Term Debt Total | 7.0B | 7.3B | 8.3B | 7.4B | 8.7B | 5.8B | |
Other Current Liab | 16M | 161M | 678M | 240M | 187M | 124.4M | |
Total Current Liabilities | 2.1B | 634M | 1.6B | 617M | 906M | 765.6M | |
Total Stockholder Equity | 1.8B | 1.8B | 1.8B | 2.2B | 2.1B | 1.7B | |
Other Liab | 130M | 217M | 382M | 623M | 716.5M | 752.3M | |
Property Plant And Equipment Net | 6.3B | 7.6B | 8.2B | 7.9B | 10.1B | 5.9B | |
Current Deferred Revenue | 112M | 123M | 138M | 119M | 136M | 98.3M | |
Net Debt | 6.9B | 7.0B | 8.1B | 6.7B | 8.1B | 5.5B | |
Retained Earnings | (72M) | (84M) | (33M) | 463M | 361M | 379.1M | |
Accounts Payable | 105M | 89M | 181M | 55M | 161M | 105.5M | |
Cash | 155M | 268M | 179M | 657M | 535M | 276.3M | |
Non Current Assets Total | 9.1B | 9.9B | 11.3B | 11.0B | 13.1B | 8.2B | |
Non Currrent Assets Other | 103M | 115M | 107M | 40M | 157M | 95.7M | |
Other Assets | 195M | 218M | 202M | 70M | 80.5M | 76.5M | |
Long Term Debt | 5.0B | 6.6B | 6.9B | 6.5B | 7.5B | 5.1B | |
Cash And Short Term Investments | 155M | 268M | 179M | 657M | 535M | 276.3M | |
Net Receivables | 118M | 143M | 144M | 153M | 345M | 362.3M | |
Liabilities And Stockholders Equity | 9.7B | 10.6B | 12.8B | 12.3B | 14.7B | 9.0B | |
Non Current Liabilities Total | 5.4B | 7.2B | 7.9B | 7.7B | 8.8B | 5.5B | |
Other Current Assets | 295M | 313M | 1.2B | 419M | 625M | 656.3M | |
Other Stockholder Equity | 1.9B | 1.9B | 1.9B | 1.8B | 1.7B | 1.6B | |
Total Liab | 7.4B | 7.9B | 9.5B | 8.3B | 9.7B | 6.3B | |
Property Plant And Equipment Gross | 6.3B | 7.6B | 8.2B | 7.9B | 13.6B | 14.3B | |
Total Current Assets | 608M | 708M | 1.5B | 1.3B | 1.6B | 1.6B | |
Short Term Debt | 1.8B | 384M | 772M | 322M | 558M | 481.0M | |
Intangible Assets | 1.4B | 1.4B | 2.5B | 2.6B | 2.4B | 1.4B | |
Property Plant Equipment | 6.3B | 7.2B | 8.2B | 7.4B | 8.5B | 5.2B | |
Net Tangible Assets | 422M | 1.8B | (665M) | 2.2B | 2.6B | 2.7B | |
Long Term Debt Total | 5.0B | 6.6B | 6.9B | 6.5B | 7.5B | 5.6B | |
Capital Surpluse | 1.9B | 1.9B | 1.9B | 1.8B | 2.0B | 1.9B | |
Non Current Liabilities Other | 121M | 523M | 173M | 201M | 287M | 172.7M |
Pair Trading with Clearway Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clearway Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clearway Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Clearway Stock
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The ability to find closely correlated positions to Clearway Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearway Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clearway Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clearway Energy Class to buy it.
The correlation of Clearway Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clearway Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearway Energy Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clearway Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Independent Power and Renewable Electricity Producers 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 Clearway Energy. If investors know Clearway 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 Clearway Energy 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 7.924 | Dividend Share 1.627 | Earnings Share 1.03 | Revenue Per Share 11.584 | Quarterly Revenue Growth 0.31 |
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy's 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 Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy's 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 Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy's 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.