Clean Operating Income vs Reconciled Depreciation Analysis

CLEAN Stock

1,299 22.25 1.74%

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

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Science Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Clean Science's Operating Income and Reconciled Depreciation is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Clean Science and, assuming nothing else is changed. The correlation between historical values of Clean Science's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Clean Science and are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Clean Science's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Clean Science operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Clean Science and is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

Most indicators from Clean Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clean Science 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 Clean Science and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 24th of November 2024, Selling General Administrative is likely to grow to about 511.9 M, while Tax Provision is likely to drop about 751.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.5B	6.1B	4.4B	3.8B
Total Revenue	6.8B	9.4B	7.9B	6.2B

Gross Profit Total Revenue

Clean Science fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.42	0.76	0.97	1.0	0.96	0.98	0.89	0.56	0.28	1.0	0.96	-0.25	0.89	-0.17	0.83	0.96	0.98	0.22	0.57	0.99	0.99	0.86	-0.93	0.98	0.99
Short Long Term Debt Total	0.42		0.59	0.35	0.43	0.33	0.35	0.44	-0.05	0.74	0.43	0.23	-0.71	0.43	0.18	0.19	0.38	0.43	0.19	0.21	0.41	0.38	0.37	-0.39	0.36	0.39
Other Current Liab	0.76	0.59		0.82	0.75	0.7	0.75	0.7	0.12	0.63	0.75	0.69	-0.61	0.7	-0.5	0.8	0.79	0.75	0.25	0.5	0.72	0.66	0.58	-0.66	0.81	0.76
Total Current Liabilities	0.97	0.35	0.82		0.96	0.95	0.98	0.85	0.55	0.21	0.96	0.98	-0.18	0.85	-0.27	0.88	0.97	0.98	0.24	0.59	0.93	0.93	0.83	-0.83	1.0	0.98
Total Stockholder Equity	1.0	0.43	0.75	0.96		0.96	0.98	0.89	0.56	0.29	1.0	0.95	-0.26	0.89	-0.16	0.82	0.96	0.97	0.22	0.56	0.99	0.99	0.86	-0.93	0.97	0.98
Other Liab	0.96	0.33	0.7	0.95	0.96		0.98	0.81	0.6	0.21	0.96	0.95	-0.18	0.81	-0.27	0.89	0.95	0.96	0.14	0.62	0.97	0.95	0.79	-0.87	0.96	0.97
Net Tangible Assets	0.98	0.35	0.75	0.98	0.98	0.98		0.8	0.65	0.18	0.98	0.98	-0.16	0.8	-0.23	0.87	0.98	0.98	0.11	0.67	0.95	0.96	0.78	-0.87	0.98	0.99
Property Plant And Equipment Net	0.89	0.44	0.7	0.85	0.89	0.81	0.8		0.32	0.39	0.89	0.84	-0.32	1.0	-0.11	0.68	0.83	0.86	0.62	0.28	0.9	0.88	0.98	-0.86	0.87	0.86
Current Deferred Revenue	0.56	-0.05	0.12	0.55	0.56	0.6	0.65	0.32		-0.41	0.56	0.65	0.43	0.33	0.14	0.46	0.65	0.65	-0.08	0.76	0.49	0.6	0.39	-0.53	0.55	0.65
Net Debt	0.28	0.74	0.63	0.21	0.29	0.21	0.18	0.39	-0.41		0.29	0.05	-0.99	0.39	-0.35	0.31	0.26	0.2	0.27	0.1	0.32	0.21	0.22	-0.4	0.23	0.23
Retained Earnings	1.0	0.43	0.75	0.96	1.0	0.96	0.98	0.89	0.56	0.29		0.96	-0.26	0.89	-0.16	0.82	0.96	0.97	0.21	0.56	0.99	0.99	0.86	-0.93	0.97	0.98
Accounts Payable	0.96	0.23	0.69	0.98	0.95	0.95	0.98	0.84	0.65	0.05	0.96		-0.02	0.84	-0.19	0.83	0.95	0.97	0.21	0.56	0.93	0.95	0.84	-0.83	0.98	0.97
Cash	-0.25	-0.71	-0.61	-0.18	-0.26	-0.18	-0.16	-0.32	0.43	-0.99	-0.26	-0.02		-0.32	0.38	-0.3	-0.23	-0.16	-0.17	-0.11	-0.29	-0.18	-0.14	0.37	-0.2	-0.2
Non Current Assets Total	0.89	0.43	0.7	0.85	0.89	0.81	0.8	1.0	0.33	0.39	0.89	0.84	-0.32		-0.12	0.68	0.83	0.86	0.62	0.29	0.9	0.89	0.98	-0.87	0.87	0.86
Non Currrent Assets Other	-0.17	0.18	-0.5	-0.27	-0.16	-0.27	-0.23	-0.11	0.14	-0.35	-0.16	-0.19	0.38	-0.12		-0.66	-0.31	-0.14	-0.03	-0.35	-0.19	-0.07	0.05	0.2	-0.26	-0.21
Other Assets	0.83	0.19	0.8	0.88	0.82	0.89	0.87	0.68	0.46	0.31	0.82	0.83	-0.3	0.68	-0.66		0.91	0.83	0.15	0.72	0.81	0.76	0.58	-0.77	0.87	0.87
Cash And Short Term Investments	0.96	0.38	0.79	0.97	0.96	0.95	0.98	0.83	0.65	0.26	0.96	0.95	-0.23	0.83	-0.31	0.91		0.97	0.23	0.74	0.92	0.93	0.78	-0.9	0.97	0.99
Net Receivables	0.98	0.43	0.75	0.98	0.97	0.96	0.98	0.86	0.65	0.2	0.97	0.97	-0.16	0.86	-0.14	0.83	0.97		0.25	0.63	0.95	0.96	0.85	-0.86	0.98	0.99
Common Stock Shares Outstanding	0.22	0.19	0.25	0.24	0.22	0.14	0.11	0.62	-0.08	0.27	0.21	0.21	-0.17	0.62	-0.03	0.15	0.23	0.25		-0.14	0.23	0.21	0.61	-0.29	0.24	0.23
Short Term Investments	0.57	0.21	0.5	0.59	0.56	0.62	0.67	0.28	0.76	0.1	0.56	0.56	-0.11	0.29	-0.35	0.72	0.74	0.63	-0.14		0.48	0.52	0.21	-0.6	0.58	0.67
Non Current Liabilities Total	0.99	0.41	0.72	0.93	0.99	0.97	0.95	0.9	0.49	0.32	0.99	0.93	-0.29	0.9	-0.19	0.81	0.92	0.95	0.23	0.48		0.98	0.87	-0.92	0.95	0.96
Inventory	0.99	0.38	0.66	0.93	0.99	0.95	0.96	0.88	0.6	0.21	0.99	0.95	-0.18	0.89	-0.07	0.76	0.93	0.96	0.21	0.52	0.98		0.88	-0.93	0.95	0.97
Other Current Assets	0.86	0.37	0.58	0.83	0.86	0.79	0.78	0.98	0.39	0.22	0.86	0.84	-0.14	0.98	0.05	0.58	0.78	0.85	0.61	0.21	0.87	0.88		-0.8	0.84	0.83
Other Stockholder Equity	-0.93	-0.39	-0.66	-0.83	-0.93	-0.87	-0.87	-0.86	-0.53	-0.4	-0.93	-0.83	0.37	-0.87	0.2	-0.77	-0.9	-0.86	-0.29	-0.6	-0.92	-0.93	-0.8		-0.85	-0.91
Total Liab	0.98	0.36	0.81	1.0	0.97	0.96	0.98	0.87	0.55	0.23	0.97	0.98	-0.2	0.87	-0.26	0.87	0.97	0.98	0.24	0.58	0.95	0.95	0.84	-0.85		0.98
Total Current Assets	0.99	0.39	0.76	0.98	0.98	0.97	0.99	0.86	0.65	0.23	0.98	0.97	-0.2	0.86	-0.21	0.87	0.99	0.99	0.23	0.67	0.96	0.97	0.83	-0.91	0.98

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Clean Science Account Relationship Matchups

Clean Science fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	6.6B	9.2B	11.5B	14.0B	8.1B
Short Long Term Debt Total	26.0M	26.9M	3.3M	20.6M	20.3M	16.6M
Other Current Liab	412.7M	409.9M	221.8M	288.0M	448.0M	326.2M
Total Current Liabilities	769.6M	1.0B	1.3B	1.2B	1.6B	1.1B
Total Stockholder Equity	3.4B	5.4B	7.7B	10.1B	12.0B	6.8B
Other Liab	141.8M	105.4M	179.4M	210.5M	242.1M	163.0M
Net Tangible Assets	2.7B	3.4B	5.4B	7.7B	8.8B	4.6B
Property Plant And Equipment Net	1.7B	2.5B	3.4B	4.8B	7.0B	7.3B
Current Deferred Revenue	(24.0M)	10.4M	326.3M	267.3M	7.3M	6.9M
Net Debt	(65.2M)	(90.1M)	(575.7M)	(104.1M)	(84.2M)	(88.4M)
Retained Earnings	3.3B	5.2B	7.5B	9.9B	11.8B	6.6B
Accounts Payable	356.9M	609.9M	1.0B	805.1M	1.1B	685.9M
Cash	92.1M	93.4M	579.0M	124.7M	104.5M	158.0M
Non Current Assets Total	1.7B	2.6B	3.5B	5.2B	7.4B	7.7B
Non Currrent Assets Other	10K	(2.4B)	105.7M	124.9M	(220.1M)	(231.1M)
Other Assets	36.9M	35.3M	239.4M	144.9M	166.6M	100.4M
Cash And Short Term Investments	1.4B	2.5B	3.0B	3.4B	3.1B	2.3B
Net Receivables	796.7M	939.3M	1.5B	1.5B	1.6B	1.2B
Short Term Investments	1.3B	2.4B	2.4B	3.3B	278.7M	264.8M
Liabilities And Stockholders Equity	4.3B	6.6B	9.2B	11.5B	14.0B	8.1B
Non Current Liabilities Total	108.2M	182.7M	213.2M	263.2M	331.1M	211.6M
Inventory	345.9M	529.0M	881.3M	1.1B	1.3B	752.3M
Total Liab	877.8M	1.2B	1.6B	1.4B	1.9B	1.3B
Total Current Assets	2.6B	4.0B	5.7B	6.3B	6.6B	4.4B
Accumulated Other Comprehensive Income	60.1M	43.0M	47.8M	55.6M	66.7M	47.7M
Short Term Debt	24.0M	10.4M	(6.2M)	2M	1.6M	1.5M
Intangible Assets	2.5M	2.7M	4.7M	6.0M	7.4M	4.4M
Property Plant Equipment	1.3B	1.7B	2.4B	3.4B	3.9B	2.2B
Net Invested Capital	3.4B	5.4B	7.7B	10.1B	12.0B	7.6B
Net Working Capital	1.8B	2.9B	4.4B	5.1B	5.0B	3.8B

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Other Information on Investing in Clean Stock

Balance Sheet is a snapshot of the financial position of Clean Science at a specified time, usually calculated after every quarter, six months, or one year. Clean Science Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clean Science and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clean currently owns. An asset can also be divided into two categories, current and non-current.

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Clean Operating Income vs Reconciled Depreciation Analysis

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Operating Income

Reconciled Depreciation

Clean Science fundamental ratios Correlations

Clean Science Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clean Science fundamental ratios Accounts

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Other Information on Investing in Clean Stock

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Total Assets

Cash	- 0.99	Net Debt
Other Stockholder Equity	- 0.93	Inventory
Other Stockholder Equity	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.93	Total Stockholder Equity
Other Stockholder Equity	- 0.93	Total Assets
Other Stockholder Equity	- 0.92	Non Current Liabilities Total