Clean Good Will vs Net Invested Capital 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 Good Will and its Net Invested Capital 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.

Good Will vs Net Invested Capital

Good Will vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Energy Fuels Good Will account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Clean Energy's Good Will and Net Invested Capital is -0.01. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Invested Capital 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 Good Will and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Clean Energy Fuels are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Good Will i.e., Clean Energy's Good Will and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Total Operating Expenses Cost Of Revenue

Clean Energy fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross
Total Assets		0.69	0.57	0.57	-0.01	0.82	0.32	0.61	0.81	0.94	0.72	0.67	0.56	0.81	0.55	-0.39	0.64	0.97	0.59	0.65	0.82	0.23	0.75	0.86	0.47	0.52
Total Stockholder Equity	0.69		-0.16	0.44	-0.05	0.62	0.77	0.88	0.14	0.75	0.0	0.75	0.27	0.33	0.18	-0.62	0.5	0.6	0.09	0.49	0.32	0.67	0.08	0.8	0.62	0.31
Net Debt	0.57	-0.16		0.05	-0.14	0.29	-0.32	-0.06	0.91	0.37	0.93	0.17	0.54	0.81	0.39	0.03	0.28	0.67	0.54	0.44	0.78	-0.34	0.86	0.3	-0.07	0.43
Cash	0.57	0.44	0.05		0.56	0.84	-0.06	0.08	0.44	0.7	0.41	0.05	0.0	0.17	0.73	0.18	0.41	0.43	0.7	-0.02	0.33	-0.08	0.5	0.41	0.3	0.09
Other Assets	-0.01	-0.05	-0.14	0.56		0.25	-0.49	-0.47	0.05	0.06	0.07	-0.49	-0.47	-0.26	0.55	0.69	0.09	-0.07	0.42	-0.38	-0.12	-0.5	0.19	-0.13	-0.09	-0.27
Cash And Short Term Investments	0.82	0.62	0.29	0.84	0.25		0.2	0.41	0.64	0.94	0.57	0.43	0.34	0.43	0.57	-0.17	0.52	0.68	0.75	0.27	0.5	0.12	0.62	0.64	0.5	0.29
Common Stock Shares Outstanding	0.32	0.77	-0.32	-0.06	-0.49	0.2		0.93	-0.2	0.39	-0.32	0.81	0.3	0.13	-0.38	-0.84	0.17	0.25	-0.32	0.52	0.02	0.85	-0.31	0.52	0.45	0.2
Other Stockholder Equity	0.61	0.88	-0.06	0.08	-0.47	0.41	0.93		0.1	0.62	-0.03	0.9	0.46	0.4	-0.15	-0.85	0.35	0.55	-0.11	0.64	0.31	0.8	-0.02	0.74	0.55	0.36
Total Liab	0.81	0.14	0.91	0.44	0.05	0.64	-0.2	0.1		0.69	0.99	0.3	0.54	0.83	0.62	-0.01	0.49	0.84	0.75	0.47	0.85	-0.24	0.97	0.53	0.15	0.47
Total Current Assets	0.94	0.75	0.37	0.7	0.06	0.94	0.39	0.62	0.69		0.59	0.68	0.52	0.6	0.52	-0.38	0.61	0.82	0.64	0.56	0.64	0.28	0.62	0.79	0.57	0.4
Short Long Term Debt Total	0.72	0.0	0.93	0.41	0.07	0.57	-0.32	-0.03	0.99	0.59		0.17	0.49	0.8	0.62	0.09	0.41	0.76	0.75	0.39	0.82	-0.34	0.97	0.42	0.04	0.43
Other Current Liab	0.67	0.75	0.17	0.05	-0.49	0.43	0.81	0.9	0.3	0.68	0.17		0.56	0.48	-0.1	-0.8	0.46	0.61	0.04	0.79	0.4	0.68	0.17	0.64	0.63	0.41
Total Current Liabilities	0.56	0.27	0.54	0.0	-0.47	0.34	0.3	0.46	0.54	0.52	0.49	0.56		0.58	0.14	-0.46	0.27	0.56	0.09	0.68	0.48	0.19	0.31	0.54	0.19	0.35
Property Plant And Equipment Net	0.81	0.33	0.81	0.17	-0.26	0.43	0.13	0.4	0.83	0.6	0.8	0.48	0.58		0.44	-0.33	0.39	0.9	0.39	0.69	0.95	0.07	0.76	0.69	0.06	0.53
Current Deferred Revenue	0.55	0.18	0.39	0.73	0.55	0.57	-0.38	-0.15	0.62	0.52	0.62	-0.1	0.14	0.44		0.36	0.38	0.53	0.68	0.2	0.61	-0.36	0.67	0.4	-0.01	0.11
Retained Earnings	-0.39	-0.62	0.03	0.18	0.69	-0.17	-0.84	-0.85	-0.01	-0.38	0.09	-0.8	-0.46	-0.33	0.36		-0.42	-0.37	0.24	-0.58	-0.2	-0.93	0.12	-0.52	-0.6	-0.59
Accounts Payable	0.64	0.5	0.28	0.41	0.09	0.52	0.17	0.35	0.49	0.61	0.41	0.46	0.27	0.39	0.38	-0.42		0.64	0.45	0.37	0.4	0.43	0.48	0.57	0.77	0.81
Non Current Assets Total	0.97	0.6	0.67	0.43	-0.07	0.68	0.25	0.55	0.84	0.82	0.76	0.61	0.56	0.9	0.53	-0.37	0.64		0.51	0.66	0.89	0.19	0.78	0.85	0.38	0.59
Non Currrent Assets Other	0.59	0.09	0.54	0.7	0.42	0.75	-0.32	-0.11	0.75	0.64	0.75	0.04	0.09	0.39	0.68	0.24	0.45	0.51		0.11	0.52	-0.32	0.82	0.31	0.18	0.23
Net Receivables	0.65	0.49	0.44	-0.02	-0.38	0.27	0.52	0.64	0.47	0.56	0.39	0.79	0.68	0.69	0.2	-0.58	0.37	0.66	0.11		0.66	0.4	0.33	0.58	0.26	0.38
Good Will	0.82	0.32	0.78	0.33	-0.12	0.5	0.02	0.31	0.85	0.64	0.82	0.4	0.48	0.95	0.61	-0.2	0.4	0.89	0.52	0.66		-0.02	0.82	0.65	0.07	0.45
Common Stock Total Equity	0.23	0.67	-0.34	-0.08	-0.5	0.12	0.85	0.8	-0.24	0.28	-0.34	0.68	0.19	0.07	-0.36	-0.93	0.43	0.19	-0.32	0.4	-0.02		-0.32	0.43	0.63	0.53
Non Current Liabilities Total	0.75	0.08	0.86	0.5	0.19	0.62	-0.31	-0.02	0.97	0.62	0.97	0.17	0.31	0.76	0.67	0.12	0.48	0.78	0.82	0.33	0.82	-0.32		0.43	0.12	0.44
Inventory	0.86	0.8	0.3	0.41	-0.13	0.64	0.52	0.74	0.53	0.79	0.42	0.64	0.54	0.69	0.4	-0.52	0.57	0.85	0.31	0.58	0.65	0.43	0.43		0.38	0.48
Other Current Assets	0.47	0.62	-0.07	0.3	-0.09	0.5	0.45	0.55	0.15	0.57	0.04	0.63	0.19	0.06	-0.01	-0.6	0.77	0.38	0.18	0.26	0.07	0.63	0.12	0.38		0.54
Property Plant And Equipment Gross	0.52	0.31	0.43	0.09	-0.27	0.29	0.2	0.36	0.47	0.4	0.43	0.41	0.35	0.53	0.11	-0.59	0.81	0.59	0.23	0.38	0.45	0.53	0.44	0.48	0.54

Click cells to compare fundamentals

Clean Energy Account Relationship Matchups

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

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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:

How To Invest In Clean

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Is Clean Stock a good investment?

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What is Clean Energy's Net Worth?

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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.

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Clean Good Will vs Net Invested Capital Analysis

Good Will vs Net Invested Capital

Good Will vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Good Will

Net Invested Capital

Clean Energy fundamental ratios Correlations

Clean Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clean Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 0.99	Total Liab
Non Current Assets Total	+ 0.97	Total Assets
Non Current Liabilities Total	+ 0.97	Total Liab
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Good Will	+ 0.95	Property Plant And Equipment Net
Total Current Assets	+ 0.94	Total Assets

Common Stock Total Equity	- 0.93	Retained Earnings
Retained Earnings	- 0.85	Other Stockholder Equity
Retained Earnings	- 0.84	Common Stock Shares Outstanding
Retained Earnings	- 0.8	Other Current Liab
Retained Earnings	- 0.62	Total Stockholder Equity
Other Current Assets	- 0.6	Retained Earnings