Clearway Energy Stock Current Asset

CWEN-A Stock  USD 26.65  0.38  1.45%   
Clearway Energy fundamentals help investors to digest information that contributes to Clearway Energy's financial success or failures. It also enables traders to predict the movement of Clearway Stock. The fundamental analysis module provides a way to measure Clearway Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clearway Energy stock.
At present, Clearway Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 1.6 B, whereas Non Current Assets Total are forecasted to decline to about 8.2 B.
  
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Clearway Energy Company Current Asset Analysis

Clearway Energy's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Clearway Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Clearway Energy is extremely important. It helps to project a fair market value of Clearway Stock properly, considering its historical fundamentals such as Current Asset. Since Clearway Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clearway Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clearway Energy's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Clearway Total Assets

Total Assets

8.97 Billion

At present, Clearway Energy's Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Clearway Energy has a Current Asset of 0.0. This is 100.0% lower than that of the Independent Power and Renewable Electricity Producers sector and 100.0% lower than that of the Utilities industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Clearway Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clearway Energy's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clearway Energy could also be used in its relative valuation, which is a method of valuing Clearway Energy by comparing valuation metrics of similar companies.
Clearway Energy is currently under evaluation in current asset category among its peers.

Clearway Fundamentals

About Clearway Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearway Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearway Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearway Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.

Other Information on Investing in Clearway Stock

Clearway Energy financial ratios help investors to determine whether Clearway Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Clearway with respect to the benefits of owning Clearway Energy security.