Clene Cash And Short Term Investments from 2010 to 2024

CLNN Stock  USD 4.15  0.27  6.96%   
Clene Cash And Short Term Investments yearly trend continues to be very stable with very little volatility. Cash And Short Term Investments are likely to grow to about 38.9 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
35 M
Current Value
38.9 M
Quarterly Volatility
17.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clene's main balance sheet or income statement drivers, such as Interest Expense of 4.8 M, Tax Provision of 0.0 or Depreciation And Amortization of 1.5 M, as well as many indicators such as Price To Sales Ratio of 45.2, Dividend Yield of 0.0 or PTB Ratio of 2.21. Clene financial statements analysis is a perfect complement when working with Clene Valuation or Volatility modules.
  
Check out the analysis of Clene Correlation against competitors.

Latest Clene's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Clene Inc over the last few years. Short Term Investments is an account in the current assets section of Clene Inc balance sheet. This account contains Clene investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Clene Inc fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Clene's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clene's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Clene Cash And Short Term Investments Regression Statistics

Arithmetic Mean19,641,635
Geometric Mean14,486,641
Coefficient Of Variation89.30
Mean Deviation14,471,513
Median8,788,000
Standard Deviation17,539,723
Sample Variance307.6T
Range50.5M
R-Value0.69
Mean Square Error173.5T
R-Squared0.48
Significance0
Slope2,706,849
Total Sum of Squares4307T

Clene Cash And Short Term Investments History

202438.9 M
202335 M
202223.3 M
202150.3 M
202059.3 M

About Clene Financial Statements

Clene investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Clene Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments35 M38.9 M
When determining whether Clene Inc is a strong investment it is important to analyze Clene'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 Clene's future performance. For an informed investment choice regarding Clene Stock, refer to the following important reports:
Check out the analysis of Clene Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Biotechnology 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 Clene. If investors know Clene 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 Clene 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
0.614
Earnings Share
(5.29)
Revenue Per Share
0.069
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.42)
The market value of Clene Inc is measured differently than its book value, which is the value of Clene that is recorded on the company's balance sheet. Investors also form their own opinion of Clene's value that differs from its market value or its book value, called intrinsic value, which is Clene'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 Clene's market value can be influenced by many factors that don't directly affect Clene'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 Clene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clene'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.