Clean Common Stock Total Equity vs Good Will Analysis
CLNE Stock | USD 2.90 0.12 4.32% |
Clean Energy financial indicator trend analysis is way more than just evaluating Clean Energy Fuels prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clean Energy Fuels is a good investment. Please check the relationship between Clean Energy Common Stock Total Equity and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Energy Fuels. 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.
Common Stock Total Equity vs Good Will
Common Stock Total Equity vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Energy Fuels Common Stock Total Equity account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Clean Energy's Common Stock Total Equity and Good Will is -0.02. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Good Will in the same time period over historical financial statements of Clean Energy Fuels, assuming nothing else is changed. The correlation between historical values of Clean Energy's Common Stock Total Equity and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Clean Energy Fuels are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock Total Equity i.e., Clean Energy's Common Stock Total Equity and Good Will go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Clean Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clean Energy Fuels 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 Energy Fuels. 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. The current year's Sales General And Administrative To Revenue is expected to grow to 0.32, whereas Selling General Administrative is forecasted to decline to about 82.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 89.9M | 109.5M | 112.3M | 89.4M | Cost Of Revenue | 260.8M | 362.4M | 389.3M | 235.0M |
Clean Energy fundamental ratios Correlations
Click cells to compare fundamentals
Clean Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clean Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 777.1M | 715.0M | 957.1M | 1.1B | 1.3B | 754.9M | |
Total Stockholder Equity | 533.4M | 513.5M | 747.1M | 720.0M | 726.8M | 443.7M | |
Net Debt | 72.6M | 6.6M | (17.1M) | 75.8M | 253.5M | 128.6M | |
Cash | 49.2M | 109.0M | 99.4M | 126.0M | 107.0M | 82.8M | |
Other Assets | 38.9M | 42.4M | 63.2M | 30.5M | 35.0M | 41.7M | |
Cash And Short Term Investments | 106.2M | 138.5M | 229.2M | 265.5M | 265.1M | 148.0M | |
Common Stock Shares Outstanding | 206.0M | 200.7M | 213.1M | 222.4M | 222.9M | 117.7M | |
Liabilities And Stockholders Equity | 777.1M | 715.0M | 957.1M | 1.1B | 1.3B | 754.9M | |
Other Stockholder Equity | 1.2B | 1.2B | 1.5B | 1.6B | 1.7B | 880.4M | |
Total Liab | 234.1M | 192.2M | 201.7M | 354.9M | 525.8M | 301.7M | |
Total Current Assets | 293.8M | 263.0M | 409.9M | 471.7M | 470.2M | 276.2M | |
Short Long Term Debt Total | 121.8M | 115.6M | 82.3M | 201.8M | 360.5M | 222.0M | |
Other Current Liab | 67.9M | 45.9M | 69.3M | 87.3M | 85.0M | 43.6M | |
Total Current Liabilities | 162.6M | 79.8M | 125.9M | 148.1M | 163.8M | 109.1M | |
Property Plant And Equipment Net | 352.5M | 316.9M | 304.3M | 316.7M | 424.1M | 324.8M | |
Current Deferred Revenue | 7.3M | 2.6M | 7.3M | 6.0M | 4.9M | 8.0M | |
Retained Earnings | (668.2M) | (678.1M) | (771.2M) | (830.0M) | (929.5M) | (883.0M) | |
Accounts Payable | 27.4M | 17.3M | 24.4M | 44.4M | 57.0M | 59.8M | |
Non Current Assets Total | 483.3M | 452.0M | 547.1M | 610.6M | 789.3M | 499.0M | |
Net Receivables | 146.7M | 85.4M | 111.9M | 108.5M | 112.0M | 86.1M | |
Non Current Liabilities Total | 71.5M | 112.3M | 75.8M | 206.7M | 362.0M | 206.5M | |
Inventory | 29.9M | 28.1M | 31.3M | 37.1M | 45.3M | 26.5M | |
Other Current Assets | 11.1M | 11.0M | 37.6M | 60.6M | 47.7M | 50.1M | |
Property Plant And Equipment Gross | 352.5M | 316.9M | 304.3M | 316.7M | 916.2M | 962.0M | |
Accumulated Other Comprehensive Income | (1.6M) | (209K) | (1.6M) | (3.7M) | (2.1M) | (2.2M) | |
Short Term Debt | 60.0M | 10.9M | 21.6M | 10.4M | 16.9M | 29.5M | |
Other Liab | 9.7M | 4.0M | 10.7M | 10.2M | 11.8M | 13.2M | |
Long Term Debt | 32.9M | 82.1M | 23.2M | 145.5M | 261.1M | 178.2M | |
Intangible Assets | 1.2M | 464K | 5.5M | 5.9M | 6.4M | 6.0M | |
Property Plant Equipment | 323.9M | 316.9M | 304.3M | 316.7M | 364.2M | 331.4M | |
Short Term Investments | 56.9M | 29.5M | 129.7M | 139.6M | 158.2M | 80.9M | |
Net Tangible Assets | 467.9M | 448.7M | 677.2M | 649.8M | 747.2M | 450.2M | |
Noncontrolling Interest In Consolidated Entity | 17.0M | 9.6M | 9.3M | 8.3M | 9.6M | 13.1M | |
Retained Earnings Total Equity | (688.7M) | (668.2M) | (678.1M) | (771.2M) | (694.1M) | (728.8M) | |
Long Term Debt Total | 78.8M | 32.9M | 82.1M | 23.2M | 20.9M | 19.8M |
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Energy Fuels. 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. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.