Clearway Dividend Yield vs Ptb Ratio Analysis

CWEN-A Stock  USD 24.62  0.16  0.65%   
Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy is a good investment. Please check the relationship between Clearway Energy Dividend Yield and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy. 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.

Dividend Yield vs Ptb Ratio

Dividend Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Dividend Yield account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Clearway Energy's Dividend Yield and Ptb Ratio is -0.11. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Clearway Energy, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Dividend Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Clearway Energy are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Dividend Yield i.e., Clearway Energy's Dividend Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Clearway Energy dividend as a percentage of Clearway Energy stock price. Clearway Energy dividend yield is a measure of Clearway Energy stock productivity, which can be interpreted as interest rate earned on an Clearway Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Clearway Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearway Energy 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 Clearway Energy. 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 present, Clearway Energy's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.98, whereas Selling General Administrative is forecasted to decline to about 23.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense232M337M387.6M245.9M
Depreciation And Amortization701M727M836.1M877.9M

Clearway Energy fundamental ratios Correlations

0.90.90.530.650.890.890.970.90.390.450.620.90.520.620.560.890.880.720.790.90.780.750.550.84-0.53
0.90.990.570.630.951.00.920.980.470.560.731.00.680.730.670.990.970.730.850.990.820.840.510.97-0.73
0.90.990.540.670.960.980.921.00.360.50.70.990.650.690.610.990.970.710.911.00.790.80.570.95-0.78
0.530.570.540.520.410.560.620.550.230.560.270.550.240.260.310.550.380.890.350.580.440.640.230.66-0.29
0.650.630.670.520.580.610.680.690.030.530.230.630.360.230.320.580.560.680.590.680.490.520.950.6-0.47
0.890.950.960.410.580.940.850.960.390.430.720.960.60.710.560.960.970.590.910.950.750.740.510.91-0.78
0.891.00.980.560.610.940.920.970.480.580.721.00.70.730.690.980.960.720.820.980.830.830.490.95-0.71
0.970.920.920.620.680.850.920.920.410.480.640.920.590.640.590.90.870.780.760.920.790.80.560.89-0.5
0.90.981.00.550.690.960.970.920.330.510.670.990.640.660.60.990.960.720.911.00.780.790.590.94-0.78
0.390.470.360.230.030.390.480.410.330.270.780.450.610.80.770.410.430.410.140.380.720.72-0.030.52-0.14
0.450.560.50.560.530.430.580.480.510.270.20.550.560.220.50.480.410.640.210.510.560.540.340.5-0.21
0.620.730.70.270.230.720.720.640.670.780.20.720.71.00.750.730.750.50.570.70.80.840.180.75-0.56
0.91.00.990.550.630.961.00.920.990.450.550.720.680.720.660.990.970.710.860.990.820.830.520.96-0.74
0.520.680.650.240.360.60.70.590.640.610.560.70.680.730.930.650.670.560.510.640.890.810.30.6-0.5
0.620.730.690.260.230.710.730.640.660.80.221.00.720.730.780.730.750.510.560.70.830.850.180.74-0.54
0.560.670.610.310.320.560.690.590.60.770.50.750.660.930.780.630.660.620.450.620.940.870.250.61-0.47
0.890.990.990.550.580.960.980.90.990.410.480.730.990.650.730.630.970.70.890.990.790.810.460.96-0.78
0.880.970.970.380.560.970.960.870.960.430.410.750.970.670.750.660.970.580.910.970.790.770.50.91-0.79
0.720.730.710.890.680.590.720.780.720.410.640.50.710.560.510.620.70.580.530.730.750.870.440.76-0.43
0.790.850.910.350.590.910.820.760.910.140.210.570.860.510.560.450.890.910.530.90.620.620.560.8-0.88
0.90.991.00.580.680.950.980.921.00.380.510.70.990.640.70.620.990.970.730.90.790.810.560.96-0.78
0.780.820.790.440.490.750.830.790.780.720.560.80.820.890.830.940.790.790.750.620.790.940.390.76-0.54
0.750.840.80.640.520.740.830.80.790.720.540.840.830.810.850.870.810.770.870.620.810.940.360.85-0.58
0.550.510.570.230.950.510.490.560.59-0.030.340.180.520.30.180.250.460.50.440.560.560.390.360.45-0.44
0.840.970.950.660.60.910.950.890.940.520.50.750.960.60.740.610.960.910.760.80.960.760.850.45-0.69
-0.53-0.73-0.78-0.29-0.47-0.78-0.71-0.5-0.78-0.14-0.21-0.56-0.74-0.5-0.54-0.47-0.78-0.79-0.43-0.88-0.78-0.54-0.58-0.44-0.69
Click cells to compare fundamentals

Clearway Energy Account Relationship Matchups

Clearway Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding104M109M116M117M134.6M98.9M
Total Assets10.6B12.8B12.3B14.7B16.9B9.0B
Short Long Term Debt Total7.3B8.3B7.4B8.7B10.0B5.8B
Other Current Liab161M678M240M187M215.1M124.4M
Total Current Liabilities634M1.6B617M906M1.0B765.6M
Total Stockholder Equity1.8B1.8B2.2B2.1B2.4B1.7B
Property Plant And Equipment Net7.6B8.2B7.9B10.1B11.6B5.9B
Current Deferred Revenue123M138M119M136M156.4M98.3M
Net Debt7.0B8.1B6.7B8.1B9.3B5.5B
Retained Earnings(84M)(33M)463M361M415.2M435.9M
Accounts Payable89M181M55M161M185.2M105.5M
Cash268M179M657M535M615.3M646.0M
Non Current Assets Total9.9B11.3B11.0B13.1B15.1B8.2B
Non Currrent Assets Other115M107M40M284M326.6M342.9M
Cash And Short Term Investments268M179M657M575M661.3M694.3M
Net Receivables143M144M153M345M396.8M416.6M
Liabilities And Stockholders Equity10.6B12.8B12.3B14.7B16.9B9.0B
Non Current Liabilities Total7.2B7.9B7.7B8.8B10.1B5.5B
Inventory42M37M47M55M63.3M36.0M
Other Current Assets313M1.2B419M585M672.8M706.4M
Other Stockholder Equity1.9B1.9B1.8B1.7B2.0B1.6B
Total Liab7.9B9.5B8.3B9.7B11.2B6.3B
Property Plant And Equipment Gross7.6B8.2B7.9B13.6B15.6B16.4B
Total Current Assets708M1.5B1.3B1.6B1.8B1.9B
Accumulated Other Comprehensive Income(14M)(6M)9M7M8.1M8.5M
Short Term Debt384M772M322M558M641.7M481.0M
Intangible Assets1.4B2.5B2.6B2.4B2.7B1.4B
Net Tangible Assets422M1.8B(665M)2.2B2.6B2.7B
Long Term Debt6.6B6.9B6.5B7.5B8.6B6.0B
Non Current Liabilities Other523M173M201M287M330.1M172.7M
Property Plant Equipment6.3B7.2B8.2B7.4B8.5B6.1B
Other Liab130M217M382M623M716.5M752.3M
Other Assets195M218M202M70M63M59.9M
Long Term Investments741M381M364M360M324M561.0M

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Other Information on Investing in Clearway Stock

Balance Sheet is a snapshot of the financial position of Clearway Energy at a specified time, usually calculated after every quarter, six months, or one year. Clearway Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clearway Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clearway currently owns. An asset can also be divided into two categories, current and non-current.