Clear Short Long Term Debt vs Treasury Stock Analysis

CCO Stock

USD 1.59 0.01 0.63%

Clear Channel financial indicator trend analysis is way more than just evaluating Clear Channel Outdoor prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clear Channel Outdoor is a good investment. Please check the relationship between Clear Channel Short Long Term Debt and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Short Long Term Debt vs Treasury Stock

Short Long Term Debt vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clear Channel Outdoor Short Long Term Debt account and Treasury Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Clear Channel's Short Long Term Debt and Treasury Stock is 0.68. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Clear Channel Outdoor, assuming nothing else is changed. The correlation between historical values of Clear Channel's Short Long Term Debt and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Clear Channel Outdoor are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Short Long Term Debt i.e., Clear Channel's Short Long Term Debt and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Treasury Stock

Most indicators from Clear Channel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clear Channel Outdoor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Clear Channel's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Multiple is likely to grow to 16.75, while Selling General Administrative is likely to drop about 143.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	970.9M	1.2B	1.0B	986.2M
Total Revenue	2.2B	2.5B	2.1B	2.9B

Gross Profit Total Revenue

Clear Channel fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Liab	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will
Total Assets		0.57	0.37	0.86	0.52	0.97	0.47	-0.57	-0.59	0.21	0.8	-0.56	-0.24	0.14	-0.63	-0.47	0.73	-0.66	0.7	0.53	0.12	-0.04	-0.67	0.12	0.64	0.66
Other Current Liab	0.57		0.7	0.76	0.04	0.7	0.85	-0.56	-0.8	0.75	0.43	-0.73	-0.23	-0.48	-0.75	-0.34	0.89	-0.72	0.42	0.85	-0.55	-0.26	-0.73	-0.55	0.48	0.0
Total Current Liabilities	0.37	0.7		0.37	0.15	0.51	0.85	0.07	-0.45	0.82	0.21	-0.3	0.32	-0.49	-0.32	-0.3	0.7	-0.3	-0.18	0.79	-0.25	0.06	-0.5	-0.25	0.07	-0.36
Total Stockholder Equity	0.86	0.76	0.37		0.29	0.9	0.67	-0.76	-0.89	0.4	0.83	-0.88	-0.44	-0.17	-0.91	-0.48	0.86	-0.92	0.77	0.74	-0.21	-0.14	-0.89	-0.21	0.7	0.52
Property Plant And Equipment Net	0.52	0.04	0.15	0.29		0.49	-0.07	-0.14	-0.11	-0.13	0.35	-0.09	-0.13	0.14	-0.11	-0.21	0.2	-0.15	0.23	0.09	0.29	0.26	-0.25	0.29	0.24	0.34
Non Current Assets Total	0.97	0.7	0.51	0.9	0.49		0.62	-0.58	-0.7	0.38	0.78	-0.66	-0.21	-0.09	-0.71	-0.56	0.85	-0.72	0.65	0.67	-0.07	-0.09	-0.76	-0.07	0.65	0.55
Non Currrent Assets Other	0.47	0.85	0.85	0.67	-0.07	0.62		-0.25	-0.75	0.87	0.46	-0.65	0.09	-0.61	-0.66	-0.43	0.84	-0.63	0.14	0.92	-0.43	-0.1	-0.75	-0.43	0.28	-0.16
Common Stock Shares Outstanding	-0.57	-0.56	0.07	-0.76	-0.14	-0.58	-0.25		0.72	0.06	-0.46	0.78	0.85	0.0	0.8	0.13	-0.61	0.8	-0.92	-0.46	0.29	0.25	0.59	0.29	-0.82	-0.56
Non Current Liabilities Total	-0.59	-0.8	-0.45	-0.89	-0.11	-0.7	-0.75	0.72		-0.56	-0.69	0.99	0.43	0.32	0.99	0.46	-0.85	0.98	-0.56	-0.83	0.39	0.2	0.95	0.39	-0.55	-0.22
Other Current Assets	0.21	0.75	0.82	0.4	-0.13	0.38	0.87	0.06	-0.56		0.28	-0.45	0.33	-0.61	-0.44	-0.44	0.61	-0.41	-0.19	0.7	-0.44	-0.09	-0.56	-0.44	-0.12	-0.4
Other Stockholder Equity	0.8	0.43	0.21	0.83	0.35	0.78	0.46	-0.46	-0.69	0.28		-0.7	-0.13	0.11	-0.72	-0.61	0.56	-0.75	0.56	0.45	0.07	-0.17	-0.82	0.07	0.48	0.63
Total Liab	-0.56	-0.73	-0.3	-0.88	-0.09	-0.66	-0.65	0.78	0.99	-0.45	-0.7		0.51	0.26	1.0	0.44	-0.78	0.99	-0.62	-0.74	0.37	0.23	0.93	0.37	-0.58	-0.3
Property Plant And Equipment Gross	-0.24	-0.23	0.32	-0.44	-0.13	-0.21	0.09	0.85	0.43	0.33	-0.13	0.51		-0.13	0.53	-0.22	-0.26	0.54	-0.78	-0.2	0.07	-0.12	0.26	0.07	-0.54	-0.41
Total Current Assets	0.14	-0.48	-0.49	-0.17	0.14	-0.09	-0.61	0.0	0.32	-0.61	0.11	0.26	-0.13		0.22	0.29	-0.41	0.15	0.18	-0.5	0.78	0.14	0.24	0.78	-0.05	0.43
Short Long Term Debt Total	-0.63	-0.75	-0.32	-0.91	-0.11	-0.71	-0.66	0.8	0.99	-0.44	-0.72	1.0	0.53	0.22		0.43	-0.81	1.0	-0.67	-0.76	0.34	0.22	0.93	0.34	-0.62	-0.35
Other Liab	-0.47	-0.34	-0.3	-0.48	-0.21	-0.56	-0.43	0.13	0.46	-0.44	-0.61	0.44	-0.22	0.29	0.43		-0.5	0.42	-0.1	-0.32	0.26	0.24	0.52	0.26	-0.24	-0.42
Current Deferred Revenue	0.73	0.89	0.7	0.86	0.2	0.85	0.84	-0.61	-0.85	0.61	0.56	-0.78	-0.26	-0.41	-0.81	-0.5		-0.8	0.5	0.92	-0.39	-0.15	-0.8	-0.39	0.64	0.22
Net Debt	-0.66	-0.72	-0.3	-0.92	-0.15	-0.72	-0.63	0.8	0.98	-0.41	-0.75	0.99	0.54	0.15	1.0	0.42	-0.8		-0.69	-0.74	0.25	0.16	0.93	0.25	-0.61	-0.38
Retained Earnings	0.7	0.42	-0.18	0.77	0.23	0.65	0.14	-0.92	-0.56	-0.19	0.56	-0.62	-0.78	0.18	-0.67	-0.1	0.5	-0.69		0.31	-0.04	-0.12	-0.48	-0.04	0.79	0.74
Accounts Payable	0.53	0.85	0.79	0.74	0.09	0.67	0.92	-0.46	-0.83	0.7	0.45	-0.74	-0.2	-0.5	-0.76	-0.32	0.92	-0.74	0.31		-0.35	0.01	-0.79	-0.35	0.46	-0.06
Cash	0.12	-0.55	-0.25	-0.21	0.29	-0.07	-0.43	0.29	0.39	-0.44	0.07	0.37	0.07	0.78	0.34	0.26	-0.39	0.25	-0.04	-0.35		0.61	0.24	1.0	-0.3	0.22
Other Assets	-0.04	-0.26	0.06	-0.14	0.26	-0.09	-0.1	0.25	0.2	-0.09	-0.17	0.23	-0.12	0.14	0.22	0.24	-0.15	0.16	-0.12	0.01	0.61		0.16	0.61	-0.43	-0.13
Long Term Debt	-0.67	-0.73	-0.5	-0.89	-0.25	-0.76	-0.75	0.59	0.95	-0.56	-0.82	0.93	0.26	0.24	0.93	0.52	-0.8	0.93	-0.48	-0.79	0.24	0.16		0.24	-0.5	-0.25
Cash And Short Term Investments	0.12	-0.55	-0.25	-0.21	0.29	-0.07	-0.43	0.29	0.39	-0.44	0.07	0.37	0.07	0.78	0.34	0.26	-0.39	0.25	-0.04	-0.35	1.0	0.61	0.24		-0.3	0.22
Net Receivables	0.64	0.48	0.07	0.7	0.24	0.65	0.28	-0.82	-0.55	-0.12	0.48	-0.58	-0.54	-0.05	-0.62	-0.24	0.64	-0.61	0.79	0.46	-0.3	-0.43	-0.5	-0.3		0.62
Good Will	0.66	0.0	-0.36	0.52	0.34	0.55	-0.16	-0.56	-0.22	-0.4	0.63	-0.3	-0.41	0.43	-0.35	-0.42	0.22	-0.38	0.74	-0.06	0.22	-0.13	-0.25	0.22	0.62

Click cells to compare fundamentals

Clear Channel Account Relationship Matchups

Clear Channel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4B	5.8B	5.3B	5.1B	4.7B	4.8B
Other Current Liab	573.4M	173.3M	215.4M	762.4M	284.3M	428.9M
Total Current Liabilities	1.2B	1.1B	1.1B	1.1B	883.7M	960.1M
Total Stockholder Equity	(2.1B)	(2.8B)	(3.2B)	(3.3B)	(3.5B)	(3.3B)
Property Plant And Equipment Net	3.1B	2.5B	827.2M	787.5M	2.2B	1.6B
Non Current Assets Total	5.2B	4.4B	4.2B	4.0B	3.8B	3.8B
Non Currrent Assets Other	39.7M	24.7M	1.2B	1.0B	46.0M	43.7M
Common Stock Shares Outstanding	413.1M	464.5M	468.5M	474.4M	481.7M	410.2M
Liabilities And Stockholders Equity	6.4B	5.8B	5.3B	5.1B	4.7B	4.8B
Non Current Liabilities Total	7.3B	7.5B	7.4B	7.3B	7.3B	5.1B
Other Current Assets	3.2M	64.5M	80.6M	385.0M	205.9M	151.7M
Other Stockholder Equity	3.6B	3.5B	3.5B	3.5B	3.5B	3.3B
Total Liab	8.4B	8.5B	8.5B	8.3B	8.2B	6.1B
Property Plant And Equipment Gross	3.1B	2.5B	4.4B	4.3B	4.1B	2.6B
Total Current Assets	1.2B	1.3B	1.1B	1.1B	957.4M	1.3B
Short Long Term Debt Total	7.0B	7.3B	7.2B	7.1B	7.2B	4.7B
Other Liab	599.1M	555.0M	485.7M	380.6M	437.7M	416.7M
Current Deferred Revenue	84.0M	64.3M	76.7M	60.4M	50.9M	75.4M
Net Debt	6.6B	6.5B	6.8B	6.8B	6.9B	4.4B
Retained Earnings	(5.3B)	(5.9B)	(6.4B)	(6.5B)	(6.8B)	(6.4B)
Accounts Payable	94.6M	101.2M	108.6M	73.4M	63.6M	95.9M
Cash	398.9M	785.3M	410.8M	286.8M	251.7M	354.6M
Other Assets	89.1M	3.4B	82.3M	73.1M	84.1M	79.8M
Long Term Debt	5.1B	5.6B	5.6B	5.6B	5.6B	4.4B
Cash And Short Term Investments	398.9M	785.3M	410.8M	286.8M	251.7M	354.6M
Net Receivables	713.1M	468.3M	643.1M	453.7M	499.8M	540.8M
Good Will	704.2M	709.6M	698.7M	650.6M	656.6M	650.6M
Inventory	21.1M	16.6M	54.2M	186.9M	214.9M	225.7M
Accumulated Other Comprehensive Income	(349.6M)	(358.5M)	(351.0M)	(335.2M)	(227.3M)	(238.7M)
Short Term Debt	408.2M	709.0M	654.5M	233.2M	433.8M	455.5M
Intangible Assets	1.3B	1.1B	989.1M	974.2M	904.9M	1.0B
Property Plant Equipment	953.5M	888.8M	2.4B	2.3B	2.0B	1.4B
Common Stock Total Equity	3.7M	4.7M	4.7M	4.7M	5.5M	4.1M
Common Stock	4.7M	4.7M	4.7M	4.8M	4.9M	4.3M
Treasury Stock	(6.6M)	(2.6M)	(3.1M)	(7.8M)	(7.1M)	(6.7M)
Net Tangible Assets	(3.9B)	(4.6B)	(4.9B)	(4.9B)	(4.4B)	(4.6B)
Noncontrolling Interest In Consolidated Entity	160.4M	152.8M	10.9M	11.1M	10.0M	9.5M
Retained Earnings Total Equity	(5.0B)	(5.3B)	(5.9B)	(6.4B)	(5.7B)	(6.0B)
Short Term Investments	1.7M	1.0M	877K	634K	570.6K	542.1K

Pair Trading with Clear Channel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clear Channel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clear Channel will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Clear Channel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clear Channel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clear Channel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clear Channel Outdoor to buy it.

The correlation of Clear Channel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clear Channel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clear Channel Outdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Clear Channel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Clear Channel Outdoor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clear Channel's 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 Clear Channel Outdoor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clear Channel Outdoor Stock:

How To Invest In Clear

Details

Is Clear Stock a good investment?

Details

What is Clear Channel's Net Worth?

Details

Largest Advertising Companies

View

Largest Media & Entertainment Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Is Advertising 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 Clear Channel. If investors know Clear 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 Clear Channel 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

(0.76)

Earnings Share

(0.30)

Revenue Per Share

4.59

Quarterly Revenue Growth

0.061

Return On Assets

0.039

The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel'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 Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel'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 Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Clear Short Long Term Debt vs Treasury Stock Analysis

Short Long Term Debt vs Treasury Stock

Short Long Term Debt vs Treasury Stock Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Treasury Stock

Clear Channel fundamental ratios Correlations

Clear Channel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clear Channel fundamental ratios Accounts

Pair Trading with Clear Channel

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Liab
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Net Debt	+ 0.99	Total Liab

Retained Earnings	- 0.92	Common Stock Shares Outstanding
Net Debt	- 0.92	Total Stockholder Equity
Short Long Term Debt Total	- 0.91	Total Stockholder Equity
Long Term Debt	- 0.89	Total Stockholder Equity
Non Current Liabilities Total	- 0.89	Total Stockholder Equity
Total Liab	- 0.88	Total Stockholder Equity