Clearwater Income Before Tax vs Selling And Marketing Expenses Analysis

CLW Stock  USD 27.03  0.59  2.14%   
Clearwater Paper financial indicator trend analysis is way more than just evaluating Clearwater Paper prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearwater Paper is a good investment. Please check the relationship between Clearwater Paper Income Before Tax and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearwater Paper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Clearwater Stock please use our How to Invest in Clearwater Paper guide.

Income Before Tax vs Selling And Marketing Expenses

Income Before Tax vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearwater Paper Income Before Tax account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Clearwater Paper's Income Before Tax and Selling And Marketing Expenses is 0.29. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Clearwater Paper, assuming nothing else is changed. The correlation between historical values of Clearwater Paper's Income Before Tax and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Clearwater Paper are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Before Tax i.e., Clearwater Paper's Income Before Tax and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Clearwater Paper income statement and is an important metric when analyzing Clearwater Paper profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling And Marketing Expenses

Most indicators from Clearwater Paper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearwater Paper 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 Clearwater Paper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Clearwater Stock please use our How to Invest in Clearwater Paper guide.At this time, Clearwater Paper's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 3.99 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense36.4M34.6M32.4M33.9M
Depreciation And Amortization105.1M103.3M98.6M91.5M

Clearwater Paper fundamental ratios Correlations

0.55-0.010.630.550.370.840.870.660.470.96-0.090.040.90.30.62-0.93-0.510.870.80.010.960.280.68-0.290.84
0.550.240.330.02-0.040.440.650.370.050.58-0.33-0.140.680.11-0.07-0.61-0.350.610.47-0.180.62-0.040.240.140.4
-0.010.240.02-0.06-0.19-0.040.05-0.08-0.13-0.01-0.48-0.770.03-0.03-0.1-0.020.090.00.07-0.140.010.23-0.010.27-0.01
0.630.330.020.2-0.020.690.620.850.360.7-0.03-0.050.46-0.20.18-0.49-0.760.30.53-0.540.650.250.17-0.40.72
0.550.02-0.060.20.240.260.110.320.580.370.05-0.060.220.520.73-0.6-0.150.240.70.360.270.460.79-0.080.36
0.37-0.04-0.19-0.020.240.20.19-0.060.050.33-0.040.030.240.00.66-0.510.070.440.190.30.340.180.32-0.230.21
0.840.44-0.040.690.260.20.860.780.460.890.040.260.85-0.080.36-0.65-0.740.740.65-0.410.870.330.34-0.530.98
0.870.650.050.620.110.190.860.560.190.94-0.20.060.950.040.26-0.72-0.540.890.53-0.240.960.080.31-0.270.8
0.660.37-0.080.850.32-0.060.780.560.620.660.280.240.55-0.040.32-0.54-0.80.370.75-0.460.650.310.38-0.520.82
0.470.05-0.130.360.580.050.460.190.620.330.430.250.310.380.51-0.44-0.580.230.75-0.050.340.630.66-0.420.51
0.960.58-0.010.70.370.330.890.940.660.33-0.160.060.910.070.45-0.85-0.580.860.67-0.190.970.20.46-0.290.87
-0.09-0.33-0.48-0.030.05-0.040.04-0.20.280.43-0.160.77-0.08-0.030.20.15-0.23-0.140.2-0.08-0.12-0.060.13-0.380.04
0.04-0.14-0.77-0.05-0.060.030.260.060.240.250.060.770.14-0.10.020.09-0.250.110.08-0.130.06-0.25-0.03-0.380.21
0.90.680.030.460.220.240.850.950.550.310.91-0.080.140.210.38-0.8-0.480.960.64-0.080.950.130.49-0.250.78
0.30.11-0.03-0.20.520.0-0.080.04-0.040.380.07-0.03-0.10.210.38-0.390.330.310.420.80.160.030.780.2-0.06
0.62-0.07-0.10.180.730.660.360.260.320.510.450.20.020.380.38-0.68-0.120.470.650.410.450.410.8-0.370.41
-0.93-0.61-0.02-0.49-0.6-0.51-0.65-0.72-0.54-0.44-0.850.150.09-0.8-0.39-0.680.37-0.82-0.82-0.17-0.86-0.29-0.770.15-0.67
-0.51-0.350.09-0.76-0.150.07-0.74-0.54-0.8-0.58-0.58-0.23-0.25-0.480.33-0.120.37-0.27-0.560.72-0.53-0.52-0.110.58-0.75
0.870.610.00.30.240.440.740.890.370.230.86-0.140.110.960.310.47-0.82-0.270.570.130.920.060.55-0.180.67
0.80.470.070.530.70.190.650.530.750.750.670.20.080.640.420.65-0.82-0.560.570.030.680.450.84-0.340.71
0.01-0.18-0.14-0.540.360.3-0.41-0.24-0.46-0.05-0.19-0.08-0.13-0.080.80.41-0.170.720.130.03-0.12-0.170.540.27-0.4
0.960.620.010.650.270.340.870.960.650.340.97-0.120.060.950.160.45-0.86-0.530.920.68-0.120.160.5-0.310.83
0.28-0.040.230.250.460.180.330.080.310.630.2-0.06-0.250.130.030.41-0.29-0.520.060.45-0.170.160.36-0.450.41
0.680.24-0.010.170.790.320.340.310.380.660.460.13-0.030.490.780.8-0.77-0.110.550.840.540.50.36-0.170.39
-0.290.140.27-0.4-0.08-0.23-0.53-0.27-0.52-0.42-0.29-0.38-0.38-0.250.2-0.370.150.58-0.18-0.340.27-0.31-0.45-0.17-0.53
0.840.4-0.010.720.360.210.980.80.820.510.870.040.210.78-0.060.41-0.67-0.750.670.71-0.40.830.410.39-0.53
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Clearwater Paper Account Relationship Matchups

Clearwater Paper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B1.7B1.7B1.7B1.6B
Short Long Term Debt Total968M787.7M639.2M565.8M478.5M659.4M
Other Current Liab112.9M73.9M69.3M87M105.9M94.9M
Total Current Liabilities280.4M244.8M254.1M312M286M268.4M
Total Stockholder Equity432M521.1M511.7M572M668.7M521.1M
Other Liab215.2M263.8M286.7M218.6M251.4M259.1M
Property Plant And Equipment Net1.3B1.3B1.1B1.0B1.1B943.5M
Net Debt948M751.8M614M512.1M436.5M566.1M
Accounts Payable149.6M143.4M156.2M213M163.9M129.6M
Cash20M35.9M25.2M53.7M42M44.1M
Non Current Assets Total1.4B1.3B1.2B1.1B1.1B1.1B
Non Currrent Assets Other24.3M18.5M82.7M100.1M15.8M23.8M
Other Assets29.1M87M110.3M76.1M(100K)(95K)
Long Term Debt884.5M716.4M637.6M564.9M462.3M569.8M
Cash And Short Term Investments20M35.9M25.2M53.7M42M38.3M
Net Receivables159.4M160.6M167.4M188.8M184.5M172.6M
Common Stock Shares Outstanding16.5M16.7M16.8M17.2M17.1M15.9M
Liabilities And Stockholders Equity1.9B1.8B1.7B1.7B1.7B1.6B
Non Current Liabilities Total1.2B1.0B924.3M819.5M717M841.8M
Inventory281.4M263.3M277.7M324M319.8M267.1M
Other Current Assets3.6M15.1M16.9M19.8M17.8M16.1M
Total Liab1.4B1.3B1.2B1.1B1.0B1.1B
Property Plant And Equipment Gross1.3B1.3B1.1B1.0B3.0B3.1B
Total Current Assets465.8M474.9M487.2M586.3M564.1M514.8M
Accumulated Other Comprehensive Income(59.5M)(54.3M)(42.6M)(33.3M)(30.7M)(32.2M)
Common Stock1.7K1.7K1.7K1.6K1.4K1.4K
Property Plant Equipment1.3B1.2B1.1B1.0B1.2B922.2M
Retained Earnings481.7M558.8M530.7M576.8M684.5M484.8M
Other Stockholder Equity9.8M16.6M23.6M28.5M14.9M15.6M
Short Term Debt17.9M17M17.7M12M16.2M15.4M
Current Deferred Revenue6.9M6.2M84.1M105.6M121.5M127.5M
Intangible Assets16.9M13.7M10.8M8.6M6.5M6.2M
Net Tangible Assets380M472.3M511.8M572M657.8M375.9M
Retained Earnings Total Equity481.7M558.8M530.7M576.8M663.3M543.6M
Long Term Debt Total884.5M716.4M637.6M564.9M649.6M683.5M
Capital Surpluse9.8M16.6M23.6M28.5M25.7M24.4M
Deferred Long Term Liab121.3M158.1M213.1M196.4M225.9M143.5M

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