Clene Common Stock vs Short Long Term Debt Total Analysis

CLNNW Stock  USD 0.03  0.01  14.09%   
Clene financial indicator trend analysis is way more than just evaluating Clene Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clene Inc is a good investment. Please check the relationship between Clene Common Stock and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clene Inc. 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 vs Short Long Term Debt Total

Common Stock vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clene Inc Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Clene's Common Stock and Short Long Term Debt Total is -0.73. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Clene Inc, assuming nothing else is changed. The correlation between historical values of Clene's Common Stock and Short Long Term Debt Total 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 of Clene Inc are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., Clene's Common Stock and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Short Long Term Debt Total

Most indicators from Clene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clene Inc 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 Clene Inc. 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.
At this time, Clene's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 56.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense870K3.3M4.6M4.8M
Depreciation And Amortization1.1M1.4M1.7M1.5M

Clene fundamental ratios Correlations

0.680.34-0.820.660.690.89-0.870.890.840.8-0.80.660.530.55-0.53-0.370.60.830.550.870.630.690.83-0.88-0.72
0.680.15-0.940.680.590.68-0.850.690.810.81-0.790.80.260.79-0.730.120.630.530.790.850.60.410.87-0.8-0.96
0.340.15-0.10.18-0.430.12-0.260.120.230.380.20.240.010.2-0.250.020.180.170.20.240.20.140.24-0.23-0.26
-0.82-0.94-0.1-0.82-0.73-0.850.95-0.84-0.94-0.90.92-0.88-0.32-0.830.790.02-0.77-0.7-0.83-0.96-0.77-0.52-0.960.940.96
0.660.680.18-0.820.490.66-0.840.620.870.84-0.730.910.140.92-0.80.190.980.480.920.850.960.150.86-0.85-0.83
0.690.59-0.43-0.730.490.76-0.650.760.620.47-0.940.460.480.39-0.35-0.330.450.660.390.660.460.540.62-0.67-0.54
0.890.680.12-0.850.660.76-0.921.00.890.84-0.860.650.650.51-0.49-0.530.580.970.510.920.630.830.88-0.94-0.72
-0.87-0.85-0.260.95-0.84-0.65-0.92-0.92-0.97-0.950.85-0.85-0.46-0.770.720.2-0.79-0.83-0.77-1.0-0.8-0.62-0.971.00.92
0.890.690.12-0.840.620.761.0-0.920.870.82-0.850.620.660.48-0.47-0.550.550.970.480.910.60.860.86-0.93-0.72
0.840.810.23-0.940.870.620.89-0.970.870.98-0.840.90.370.83-0.75-0.120.790.760.830.970.810.570.99-0.96-0.9
0.80.810.38-0.90.840.470.84-0.950.820.98-0.730.890.350.82-0.75-0.090.760.740.830.950.780.560.98-0.94-0.9
-0.8-0.790.20.92-0.73-0.94-0.860.85-0.85-0.84-0.73-0.73-0.4-0.660.630.17-0.68-0.72-0.66-0.87-0.7-0.54-0.840.860.79
0.660.80.24-0.880.910.460.65-0.850.620.90.89-0.73-0.040.96-0.940.290.880.460.960.860.90.220.9-0.83-0.93
0.530.260.01-0.320.140.480.65-0.460.660.370.35-0.4-0.04-0.080.28-0.820.040.73-0.080.43-0.010.750.38-0.48-0.16
0.550.790.2-0.830.920.390.51-0.770.480.830.82-0.660.96-0.08-0.890.440.890.291.00.780.860.030.85-0.75-0.9
-0.53-0.73-0.250.79-0.8-0.35-0.490.72-0.47-0.75-0.750.63-0.940.28-0.89-0.43-0.83-0.31-0.89-0.74-0.88-0.08-0.760.70.87
-0.370.120.020.020.19-0.33-0.530.2-0.55-0.12-0.090.170.29-0.820.44-0.430.26-0.70.44-0.170.2-0.81-0.080.24-0.17
0.60.630.18-0.770.980.450.58-0.790.550.790.76-0.680.880.040.89-0.830.260.410.890.80.980.050.79-0.8-0.79
0.830.530.17-0.70.480.660.97-0.830.970.760.74-0.720.460.730.29-0.31-0.70.410.30.810.470.920.74-0.84-0.56
0.550.790.2-0.830.920.390.51-0.770.480.830.83-0.660.96-0.081.0-0.890.440.890.30.780.860.040.85-0.75-0.9
0.870.850.24-0.960.850.660.92-1.00.910.970.95-0.870.860.430.78-0.74-0.170.80.810.780.810.610.98-0.99-0.92
0.630.60.2-0.770.960.460.63-0.80.60.810.78-0.70.9-0.010.86-0.880.20.980.470.860.810.130.79-0.82-0.79
0.690.410.14-0.520.150.540.83-0.620.860.570.56-0.540.220.750.03-0.08-0.810.050.920.040.610.130.56-0.63-0.37
0.830.870.24-0.960.860.620.88-0.970.860.990.98-0.840.90.380.85-0.76-0.080.790.740.850.980.790.56-0.96-0.93
-0.88-0.8-0.230.94-0.85-0.67-0.941.0-0.93-0.96-0.940.86-0.83-0.48-0.750.70.24-0.8-0.84-0.75-0.99-0.82-0.63-0.960.88
-0.72-0.96-0.260.96-0.83-0.54-0.720.92-0.72-0.9-0.90.79-0.93-0.16-0.90.87-0.17-0.79-0.56-0.9-0.92-0.79-0.37-0.930.88
Click cells to compare fundamentals

Clene Account Relationship Matchups

Clene fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.9M68.2M63.1M44.5M52.3M45.6M
Total Current Liabilities4.3M11.7M6.0M13.9M25.3M26.6M
Total Stockholder Equity(67.8M)341K12.6M3.2M13.4M14.1M
Retained Earnings(69.6M)(153.6M)(163.3M)(193.2M)(242.7M)(230.6M)
Total Liab82.7M67.9M50.5M41.3M39.0M44.5M
Total Current Assets9.5M63.0M54.6M29.2M38.9M30.8M
Cash And Short Term Investments8.8M59.3M50.3M23.3M35M32.5M
Capital Surpluse4.5M153.6M175.7M196.2M225.7M117.7M
Other Stockholder Equity(70.9M)153.6M175.7M196.2M255.9M130.3M

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.

Additional Tools for Clene Stock Analysis

When running Clene's price analysis, check to measure Clene's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clene is operating at the current time. Most of Clene's value examination focuses on studying past and present price action to predict the probability of Clene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clene's price. Additionally, you may evaluate how the addition of Clene to your portfolios can decrease your overall portfolio volatility.