Clean Non Currrent Assets Other vs Cash Analysis

CLNE Stock  USD 2.84  0.06  2.07%   
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 Non Currrent Assets Other and its Cash 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.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Energy Fuels Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clean Energy's Non Currrent Assets Other and Cash is 0.7. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Clean Energy Fuels are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Clean Energy's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Clean Energy Fuels, which is listed under current asset account on Clean Energy Fuels balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Clean Energy customers. The amounts must be unrestricted with restricted cash listed in a different Clean Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Expenses89.9M109.5M112.3M89.4M
Cost Of Revenue260.8M362.4M389.3M235.0M

Clean Energy fundamental ratios Correlations

0.690.570.57-0.010.820.320.610.810.940.720.670.560.810.55-0.390.640.970.590.650.820.230.750.860.470.52
0.69-0.160.44-0.050.620.770.880.140.750.00.750.270.330.18-0.620.50.60.090.490.320.670.080.80.620.31
0.57-0.160.05-0.140.29-0.32-0.060.910.370.930.170.540.810.390.030.280.670.540.440.78-0.340.860.3-0.070.43
0.570.440.050.560.84-0.060.080.440.70.410.050.00.170.730.180.410.430.7-0.020.33-0.080.50.410.30.09
-0.01-0.05-0.140.560.25-0.49-0.470.050.060.07-0.49-0.47-0.260.550.690.09-0.070.42-0.38-0.12-0.50.19-0.13-0.09-0.27
0.820.620.290.840.250.20.410.640.940.570.430.340.430.57-0.170.520.680.750.270.50.120.620.640.50.29
0.320.77-0.32-0.06-0.490.20.93-0.20.39-0.320.810.30.13-0.38-0.840.170.25-0.320.520.020.85-0.310.520.450.2
0.610.88-0.060.08-0.470.410.930.10.62-0.030.90.460.4-0.15-0.850.350.55-0.110.640.310.8-0.020.740.550.36
0.810.140.910.440.050.64-0.20.10.690.990.30.540.830.62-0.010.490.840.750.470.85-0.240.970.530.150.47
0.940.750.370.70.060.940.390.620.690.590.680.520.60.52-0.380.610.820.640.560.640.280.620.790.570.4
0.720.00.930.410.070.57-0.32-0.030.990.590.170.490.80.620.090.410.760.750.390.82-0.340.970.420.040.43
0.670.750.170.05-0.490.430.810.90.30.680.170.560.48-0.1-0.80.460.610.040.790.40.680.170.640.630.41
0.560.270.540.0-0.470.340.30.460.540.520.490.560.580.14-0.460.270.560.090.680.480.190.310.540.190.35
0.810.330.810.17-0.260.430.130.40.830.60.80.480.580.44-0.330.390.90.390.690.950.070.760.690.060.53
0.550.180.390.730.550.57-0.38-0.150.620.520.62-0.10.140.440.360.380.530.680.20.61-0.360.670.4-0.010.11
-0.39-0.620.030.180.69-0.17-0.84-0.85-0.01-0.380.09-0.8-0.46-0.330.36-0.42-0.370.24-0.58-0.2-0.930.12-0.52-0.6-0.59
0.640.50.280.410.090.520.170.350.490.610.410.460.270.390.38-0.420.640.450.370.40.430.480.570.770.81
0.970.60.670.43-0.070.680.250.550.840.820.760.610.560.90.53-0.370.640.510.660.890.190.780.850.380.59
0.590.090.540.70.420.75-0.32-0.110.750.640.750.040.090.390.680.240.450.510.110.52-0.320.820.310.180.23
0.650.490.44-0.02-0.380.270.520.640.470.560.390.790.680.690.2-0.580.370.660.110.660.40.330.580.260.38
0.820.320.780.33-0.120.50.020.310.850.640.820.40.480.950.61-0.20.40.890.520.66-0.020.820.650.070.45
0.230.67-0.34-0.08-0.50.120.850.8-0.240.28-0.340.680.190.07-0.36-0.930.430.19-0.320.4-0.02-0.320.430.630.53
0.750.080.860.50.190.62-0.31-0.020.970.620.970.170.310.760.670.120.480.780.820.330.82-0.320.430.120.44
0.860.80.30.41-0.130.640.520.740.530.790.420.640.540.690.4-0.520.570.850.310.580.650.430.430.380.48
0.470.62-0.070.3-0.090.50.450.550.150.570.040.630.190.06-0.01-0.60.770.380.180.260.070.630.120.380.54
0.520.310.430.09-0.270.290.20.360.470.40.430.410.350.530.11-0.590.810.590.230.380.450.530.440.480.54
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Clean Energy Account Relationship Matchups

Clean Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets777.1M715.0M957.1M1.1B1.3B754.9M
Total Stockholder Equity533.4M513.5M747.1M720.0M726.8M443.7M
Net Debt72.6M6.6M(17.1M)75.8M253.5M128.6M
Cash49.2M109.0M99.4M126.0M107.0M82.8M
Other Assets38.9M42.4M63.2M30.5M35.0M41.7M
Cash And Short Term Investments106.2M138.5M229.2M265.5M265.1M148.0M
Common Stock Shares Outstanding206.0M200.7M213.1M222.4M222.9M117.7M
Liabilities And Stockholders Equity777.1M715.0M957.1M1.1B1.3B754.9M
Other Stockholder Equity1.2B1.2B1.5B1.6B1.7B880.4M
Total Liab234.1M192.2M201.7M354.9M525.8M301.7M
Total Current Assets293.8M263.0M409.9M471.7M470.2M276.2M
Short Long Term Debt Total121.8M115.6M82.3M201.8M360.5M222.0M
Other Current Liab67.9M45.9M69.3M87.3M85.0M43.6M
Total Current Liabilities162.6M79.8M125.9M148.1M163.8M109.1M
Property Plant And Equipment Net352.5M316.9M304.3M316.7M424.1M324.8M
Current Deferred Revenue7.3M2.6M7.3M6.0M4.9M8.0M
Retained Earnings(668.2M)(678.1M)(771.2M)(830.0M)(929.5M)(883.0M)
Accounts Payable27.4M17.3M24.4M44.4M57.0M59.8M
Non Current Assets Total483.3M452.0M547.1M610.6M789.3M499.0M
Net Receivables146.7M85.4M111.9M108.5M112.0M86.1M
Non Current Liabilities Total71.5M112.3M75.8M206.7M362.0M206.5M
Inventory29.9M28.1M31.3M37.1M45.3M26.5M
Other Current Assets11.1M11.0M37.6M60.6M47.7M50.1M
Property Plant And Equipment Gross352.5M316.9M304.3M316.7M916.2M962.0M
Accumulated Other Comprehensive Income(1.6M)(209K)(1.6M)(3.7M)(2.1M)(2.2M)
Short Term Debt60.0M10.9M21.6M10.4M16.9M29.5M
Other Liab9.7M4.0M10.7M10.2M11.8M13.2M
Long Term Debt32.9M82.1M23.2M145.5M261.1M178.2M
Intangible Assets1.2M464K5.5M5.9M6.4M6.0M
Property Plant Equipment323.9M316.9M304.3M316.7M364.2M331.4M
Short Term Investments56.9M29.5M129.7M139.6M158.2M80.9M
Net Tangible Assets467.9M448.7M677.2M649.8M747.2M450.2M
Noncontrolling Interest In Consolidated Entity17.0M9.6M9.3M8.3M9.6M13.1M
Retained Earnings Total Equity(688.7M)(668.2M)(678.1M)(771.2M)(694.1M)(728.8M)
Long Term Debt Total78.8M32.9M82.1M23.2M20.9M19.8M

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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:
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.