Clean Income Quality from 2010 to 2024

CLH Stock  USD 259.95  0.95  0.37%   
Clean Harbors' Income Quality is decreasing with very volatile movements from year to year. Income Quality is estimated to finish at 2.51 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
1.94399983
Current Value
2.51
Quarterly Volatility
4.94509115
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clean Harbors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clean Harbors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 384 M, Interest Expense of 126.6 M or Selling General Administrative of 704.7 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 2.0E-4 or PTB Ratio of 4.44. Clean financial statements analysis is a perfect complement when working with Clean Harbors Valuation or Volatility modules.
  
Check out the analysis of Clean Harbors Correlation against competitors.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.

Latest Clean Harbors' Income Quality Growth Pattern

Below is the plot of the Income Quality of Clean Harbors over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Clean Harbors' Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clean Harbors' overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Clean Income Quality Regression Statistics

Arithmetic Mean2.20
Geometric Mean3.70
Coefficient Of Variation224.84
Mean Deviation3.08
Median2.69
Standard Deviation4.95
Sample Variance24.45
Range19.4851
R-Value(0.01)
Mean Square Error26.33
R-Squared0.0002
Significance0.96
Slope(0.01)
Total Sum of Squares342.35

Clean Income Quality History

2024 2.51
2023 1.94
2022 1.52
2021 2.69
2020 3.19
2019 4.23
2018 5.69

About Clean Harbors Financial Statements

Investors use fundamental indicators, such as Clean Harbors' Income Quality, to determine how well the company is positioned to perform in the future. Although Clean Harbors' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Quality 1.94  2.51 

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 the analysis of Clean Harbors Correlation against competitors.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.