Clene Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clene Inc Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Clene's Retained Earnings and Cash And Short Term Investments is -0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Clene Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Clene's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Clene Inc balance sheet. This account contains Clene investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Clene Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Expense	870K	3.3M	4.6M	4.8M
Depreciation And Amortization	1.1M	1.4M	1.7M	1.5M

Interest Expense Depreciation And Amortization

Clene fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Other Current Assets	Total Liab	Total Current Assets	Other Assets	Cash And Short Term Investments	Capital Surpluse	Other Stockholder Equity	Common Stock	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		0.68	0.34	-0.82	0.66	0.69	0.89	-0.87	0.89	0.84	0.8	-0.8	0.66	0.53	0.55	-0.53	-0.37	0.6	0.83	0.55	0.87	0.63	0.69	0.83	-0.88	-0.72
Total Current Liabilities	0.68		0.15	-0.94	0.68	0.59	0.68	-0.85	0.69	0.81	0.81	-0.79	0.8	0.26	0.79	-0.73	0.12	0.63	0.53	0.79	0.85	0.6	0.41	0.87	-0.8	-0.96
Total Stockholder Equity	0.34	0.15		-0.1	0.18	-0.43	0.12	-0.26	0.12	0.23	0.38	0.2	0.24	0.01	0.2	-0.25	0.02	0.18	0.17	0.2	0.24	0.2	0.14	0.24	-0.23	-0.26
Retained Earnings	-0.82	-0.94	-0.1		-0.82	-0.73	-0.85	0.95	-0.84	-0.94	-0.9	0.92	-0.88	-0.32	-0.83	0.79	0.02	-0.77	-0.7	-0.83	-0.96	-0.77	-0.52	-0.96	0.94	0.96
Other Current Assets	0.66	0.68	0.18	-0.82		0.49	0.66	-0.84	0.62	0.87	0.84	-0.73	0.91	0.14	0.92	-0.8	0.19	0.98	0.48	0.92	0.85	0.96	0.15	0.86	-0.85	-0.83
Total Liab	0.69	0.59	-0.43	-0.73	0.49		0.76	-0.65	0.76	0.62	0.47	-0.94	0.46	0.48	0.39	-0.35	-0.33	0.45	0.66	0.39	0.66	0.46	0.54	0.62	-0.67	-0.54
Total Current Assets	0.89	0.68	0.12	-0.85	0.66	0.76		-0.92	1.0	0.89	0.84	-0.86	0.65	0.65	0.51	-0.49	-0.53	0.58	0.97	0.51	0.92	0.63	0.83	0.88	-0.94	-0.72
Other Assets	-0.87	-0.85	-0.26	0.95	-0.84	-0.65	-0.92		-0.92	-0.97	-0.95	0.85	-0.85	-0.46	-0.77	0.72	0.2	-0.79	-0.83	-0.77	-1.0	-0.8	-0.62	-0.97	1.0	0.92
Cash And Short Term Investments	0.89	0.69	0.12	-0.84	0.62	0.76	1.0	-0.92		0.87	0.82	-0.85	0.62	0.66	0.48	-0.47	-0.55	0.55	0.97	0.48	0.91	0.6	0.86	0.86	-0.93	-0.72
Capital Surpluse	0.84	0.81	0.23	-0.94	0.87	0.62	0.89	-0.97	0.87		0.98	-0.84	0.9	0.37	0.83	-0.75	-0.12	0.79	0.76	0.83	0.97	0.81	0.57	0.99	-0.96	-0.9
Other Stockholder Equity	0.8	0.81	0.38	-0.9	0.84	0.47	0.84	-0.95	0.82	0.98		-0.73	0.89	0.35	0.82	-0.75	-0.09	0.76	0.74	0.83	0.95	0.78	0.56	0.98	-0.94	-0.9
Common Stock	-0.8	-0.79	0.2	0.92	-0.73	-0.94	-0.86	0.85	-0.85	-0.84	-0.73		-0.73	-0.4	-0.66	0.63	0.17	-0.68	-0.72	-0.66	-0.87	-0.7	-0.54	-0.84	0.86	0.79
Short Long Term Debt Total	0.66	0.8	0.24	-0.88	0.91	0.46	0.65	-0.85	0.62	0.9	0.89	-0.73		-0.04	0.96	-0.94	0.29	0.88	0.46	0.96	0.86	0.9	0.22	0.9	-0.83	-0.93
Other Current Liab	0.53	0.26	0.01	-0.32	0.14	0.48	0.65	-0.46	0.66	0.37	0.35	-0.4	-0.04		-0.08	0.28	-0.82	0.04	0.73	-0.08	0.43	-0.01	0.75	0.38	-0.48	-0.16
Property Plant And Equipment Net	0.55	0.79	0.2	-0.83	0.92	0.39	0.51	-0.77	0.48	0.83	0.82	-0.66	0.96	-0.08		-0.89	0.44	0.89	0.29	1.0	0.78	0.86	0.03	0.85	-0.75	-0.9
Current Deferred Revenue	-0.53	-0.73	-0.25	0.79	-0.8	-0.35	-0.49	0.72	-0.47	-0.75	-0.75	0.63	-0.94	0.28	-0.89		-0.43	-0.83	-0.31	-0.89	-0.74	-0.88	-0.08	-0.76	0.7	0.87
Net Debt	-0.37	0.12	0.02	0.02	0.19	-0.33	-0.53	0.2	-0.55	-0.12	-0.09	0.17	0.29	-0.82	0.44	-0.43		0.26	-0.7	0.44	-0.17	0.2	-0.81	-0.08	0.24	-0.17
Accounts Payable	0.6	0.63	0.18	-0.77	0.98	0.45	0.58	-0.79	0.55	0.79	0.76	-0.68	0.88	0.04	0.89	-0.83	0.26		0.41	0.89	0.8	0.98	0.05	0.79	-0.8	-0.79
Cash	0.83	0.53	0.17	-0.7	0.48	0.66	0.97	-0.83	0.97	0.76	0.74	-0.72	0.46	0.73	0.29	-0.31	-0.7	0.41		0.3	0.81	0.47	0.92	0.74	-0.84	-0.56
Non Current Assets Total	0.55	0.79	0.2	-0.83	0.92	0.39	0.51	-0.77	0.48	0.83	0.83	-0.66	0.96	-0.08	1.0	-0.89	0.44	0.89	0.3		0.78	0.86	0.04	0.85	-0.75	-0.9
Non Currrent Assets Other	0.87	0.85	0.24	-0.96	0.85	0.66	0.92	-1.0	0.91	0.97	0.95	-0.87	0.86	0.43	0.78	-0.74	-0.17	0.8	0.81	0.78		0.81	0.61	0.98	-0.99	-0.92
Long Term Debt	0.63	0.6	0.2	-0.77	0.96	0.46	0.63	-0.8	0.6	0.81	0.78	-0.7	0.9	-0.01	0.86	-0.88	0.2	0.98	0.47	0.86	0.81		0.13	0.79	-0.82	-0.79
Net Receivables	0.69	0.41	0.14	-0.52	0.15	0.54	0.83	-0.62	0.86	0.57	0.56	-0.54	0.22	0.75	0.03	-0.08	-0.81	0.05	0.92	0.04	0.61	0.13		0.56	-0.63	-0.37
Common Stock Total Equity	0.83	0.87	0.24	-0.96	0.86	0.62	0.88	-0.97	0.86	0.99	0.98	-0.84	0.9	0.38	0.85	-0.76	-0.08	0.79	0.74	0.85	0.98	0.79	0.56		-0.96	-0.93
Common Stock Shares Outstanding	-0.88	-0.8	-0.23	0.94	-0.85	-0.67	-0.94	1.0	-0.93	-0.96	-0.94	0.86	-0.83	-0.48	-0.75	0.7	0.24	-0.8	-0.84	-0.75	-0.99	-0.82	-0.63	-0.96		0.88
Non Current Liabilities Total	-0.72	-0.96	-0.26	0.96	-0.83	-0.54	-0.72	0.92	-0.72	-0.9	-0.9	0.79	-0.93	-0.16	-0.9	0.87	-0.17	-0.79	-0.56	-0.9	-0.92	-0.79	-0.37	-0.93	0.88

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Clene Account Relationship Matchups

Clene fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.9M	68.2M	63.1M	44.5M	52.3M	45.6M
Total Current Liabilities	4.3M	11.7M	6.0M	13.9M	25.3M	26.6M
Total Stockholder Equity	(67.8M)	341K	12.6M	3.2M	13.4M	14.1M
Retained Earnings	(69.6M)	(153.6M)	(163.3M)	(193.2M)	(242.7M)	(230.6M)
Total Liab	82.7M	67.9M	50.5M	41.3M	39.0M	44.5M
Total Current Assets	9.5M	63.0M	54.6M	29.2M	38.9M	30.8M
Cash And Short Term Investments	8.8M	59.3M	50.3M	23.3M	35M	32.5M
Capital Surpluse	4.5M	153.6M	175.7M	196.2M	225.7M	117.7M
Other Stockholder Equity	(70.9M)	153.6M	175.7M	196.2M	255.9M	130.3M

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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.

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Clene Retained Earnings vs Cash And Short Term Investments Analysis

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash And Short Term Investments

Clene fundamental ratios Correlations

Clene Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clene fundamental ratios Accounts

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Additional Tools for Clene Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Current Assets
Common Stock Shares Outstanding	+ 1.0	Other Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock Total Equity	+ 0.99	Capital Surpluse
Accounts Payable	+ 0.98	Other Current Assets
Other Stockholder Equity	+ 0.98	Capital Surpluse

Non Currrent Assets Other	- 1.0	Other Assets
Common Stock Shares Outstanding	- 0.99	Non Currrent Assets Other
Common Stock Total Equity	- 0.97	Other Assets
Capital Surpluse	- 0.97	Other Assets
Common Stock Shares Outstanding	- 0.96	Common Stock Total Equity
Common Stock Shares Outstanding	- 0.96	Capital Surpluse