Clean Net Tangible Assets from 2010 to 2026

CLH Stock  USD 267.62  1.64  0.62%   
Clean Harbors' Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are predicted to flatten to about 1.4 B. Net Tangible Assets is the total assets of Clean Harbors minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
195.3 M
Current Value
285.8 M
Quarterly Volatility
536.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 484.1 M, Interest Expense of 186.4 M or Selling General Administrative of 893.1 M, as well as many indicators such as Price To Sales Ratio of 1.99, Dividend Yield of 2.0E-4 or PTB Ratio of 4.47. Clean financial statements analysis is a perfect complement when working with Clean Harbors Valuation or Volatility modules.
  
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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.
The Net Tangible Assets trend for Clean Harbors offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Clean Harbors is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Clean Harbors' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Clean Harbors over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Clean Harbors' Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Clean Net Tangible Assets Regression Statistics

Arithmetic Mean1,393,839,990
Geometric Mean1,334,021,536
Coefficient Of Variation29.49
Mean Deviation310,865,220
Median1,341,551,000
Standard Deviation411,054,334
Sample Variance168965.7T
Range1.6B
R-Value0.75
Mean Square Error78191.7T
R-Squared0.57
Significance0.0005
Slope61,248,746
Total Sum of Squares2703450.7T

Clean Net Tangible Assets History

20261.4 B
20252.2 B
20221.9 B
20211.5 B
20201.3 B
20191.3 B
20181.2 B

About Clean Harbors Financial Statements

Investors use fundamental indicators, such as Clean Harbors' Net Tangible Assets, 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
Net Tangible Assets2.2 B1.4 B

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is there potential for Environmental & Facilities Services market expansion? Will Clean introduce new products? Factors like these will boost the valuation of Clean Harbors. Projected growth potential of Clean fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. 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
0.042
Earnings Share
7.21
Revenue Per Share
111.041
Quarterly Revenue Growth
0.013
Return On Assets
0.0549
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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.
It's important to distinguish between Clean Harbors' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Clean Harbors should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Clean Harbors' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.