Clean Net Tangible Assets from 2010 to 2024

CLNE Stock  USD 2.90  0.12  4.32%   
Clean Energy's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 450.2 M. Net Tangible Assets is the total assets of Clean Energy Fuels 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
2011-06-30
Previous Quarter
625 M
Current Value
613.9 M
Quarterly Volatility
142.5 M
 
Yuan Drop
 
Covid
Check Clean Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clean Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.1 M, Interest Expense of 16 M or Selling General Administrative of 82.9 M, as well as many indicators such as Price To Sales Ratio of 3.44, Dividend Yield of 0.0 or PTB Ratio of 2.18. Clean financial statements analysis is a perfect complement when working with Clean Energy Valuation or Volatility modules.
  
Check out the analysis of Clean Energy Correlation against competitors.

Latest Clean Energy's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Clean Energy Fuels 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 Energy's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clean Energy's 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 Mean431,589,853
Geometric Mean405,956,970
Coefficient Of Variation35.87
Mean Deviation114,842,643
Median367,566,000
Standard Deviation154,808,197
Sample Variance23965.6T
Range579.3M
R-Value0.70
Mean Square Error13014.5T
R-Squared0.50
Significance0
Slope24,372,800
Total Sum of Squares335518.1T

Clean Net Tangible Assets History

2024450.2 M
2023747.2 M
2022649.8 M
2021677.2 M
2020448.7 M
2019467.9 M
2018441.5 M

About Clean Energy Financial Statements

Clean Energy stakeholders use historical fundamental indicators, such as Clean Energy's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Clean Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Clean Energy's assets and liabilities are reflected in the revenues and expenses on Clean Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Clean Energy Fuels. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets747.2 M450.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Clean Energy Fuels is a strong investment it is important to analyze Clean Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clean Energy's future performance. For an informed investment choice regarding Clean Stock, refer to the following important reports:
Check out the analysis of Clean Energy Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Refining & Marketing 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 Energy. 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 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
5.12
Earnings Share
(0.33)
Revenue Per Share
1.852
Quarterly Revenue Growth
0.097
Return On Assets
(0.02)
The market value of Clean Energy Fuels 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Clean 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 Clean Energy's market value can be influenced by many factors that don't directly affect Clean 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 Clean Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean 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.