Clearway Ev To Sales vs Book Value Per Share Analysis

CWEN-A Stock  USD 26.65  0.38  1.45%   
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 Ev To Sales and its Book Value Per Share 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.

Ev To Sales vs Book Value Per Share

Ev To Sales vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Ev To Sales account and Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Clearway Energy's Ev To Sales and Book Value Per Share is 0.07. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Book Value Per Share 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 Ev To Sales and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Clearway Energy are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ev To Sales i.e., Clearway Energy's Ev To Sales and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 23.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense312M232M337M245.9M
Depreciation And Amortization664M701M727M387.2M

Clearway Energy fundamental ratios Correlations

0.90.890.50.620.860.90.960.890.320.370.610.90.490.610.540.870.870.70.760.880.810.750.530.82-0.52
0.90.990.580.630.951.00.90.980.340.430.731.00.710.730.610.990.960.720.870.990.820.840.510.96-0.77
0.890.990.530.670.960.980.91.00.230.390.690.990.730.690.550.990.960.690.921.00.780.790.570.94-0.8
0.50.580.530.510.380.560.620.540.180.560.240.550.230.240.290.540.350.90.330.570.450.680.220.66-0.28
0.620.630.670.510.560.610.680.69-0.060.510.170.630.450.170.290.570.540.670.580.670.50.530.950.59-0.46
0.860.950.960.380.560.940.820.950.280.320.710.960.670.710.50.950.970.560.920.950.750.720.50.89-0.8
0.91.00.980.560.610.940.90.980.350.460.721.00.730.720.620.980.950.710.850.980.830.830.490.95-0.75
0.960.90.90.620.680.820.90.90.280.350.610.90.530.610.50.880.830.770.760.90.780.780.560.86-0.51
0.890.981.00.540.690.950.980.90.20.410.650.990.740.650.540.980.960.70.921.00.780.780.590.93-0.8
0.320.340.230.18-0.060.280.350.280.20.080.590.320.00.590.680.290.30.320.050.250.60.62-0.110.42-0.09
0.370.430.390.560.510.320.460.350.410.08-0.010.420.43-0.010.370.350.260.610.130.40.460.450.320.38-0.17
0.610.730.690.240.170.710.720.610.650.59-0.010.720.411.00.480.740.750.350.570.690.590.680.140.77-0.56
0.91.00.990.550.630.961.00.90.990.320.420.720.730.720.60.990.970.70.880.990.810.820.520.95-0.78
0.490.710.730.230.450.670.730.530.740.00.430.410.730.410.490.720.710.370.710.720.550.50.410.62-0.71
0.610.730.690.240.170.710.720.610.650.59-0.011.00.720.410.480.740.750.350.570.690.590.680.140.77-0.56
0.540.610.550.290.290.50.620.50.540.680.370.480.60.490.480.570.590.580.440.560.910.820.230.54-0.51
0.870.990.990.540.570.950.980.880.980.290.350.740.990.720.740.570.970.680.910.990.790.810.450.95-0.81
0.870.960.960.350.540.970.950.830.960.30.260.750.970.710.750.590.970.540.930.960.780.740.50.88-0.84
0.70.720.690.90.670.560.710.770.70.320.610.350.70.370.350.580.680.540.50.720.740.870.420.75-0.41
0.760.870.920.330.580.920.850.760.920.050.130.570.880.710.570.440.910.930.50.910.640.620.550.8-0.89
0.880.991.00.570.670.950.980.91.00.250.40.690.990.720.690.560.990.960.720.910.790.810.560.95-0.8
0.810.820.780.450.50.750.830.780.780.60.460.590.810.550.590.910.790.780.740.640.790.920.40.75-0.58
0.750.840.790.680.530.720.830.780.780.620.450.680.820.50.680.820.810.740.870.620.810.920.360.86-0.6
0.530.510.570.220.950.50.490.560.59-0.110.320.140.520.410.140.230.450.50.420.550.560.40.360.44-0.43
0.820.960.940.660.590.890.950.860.930.420.380.770.950.620.770.540.950.880.750.80.950.750.860.44-0.71
-0.52-0.77-0.8-0.28-0.46-0.8-0.75-0.51-0.8-0.09-0.17-0.56-0.78-0.71-0.56-0.51-0.81-0.84-0.41-0.89-0.8-0.58-0.6-0.43-0.71
Click cells to compare fundamentals

Clearway Energy Account Relationship Matchups

Clearway Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding104M109M116M117M134.6M98.9M
Total Assets9.7B10.6B12.8B12.3B14.7B9.0B
Short Long Term Debt Total7.0B7.3B8.3B7.4B8.7B5.8B
Other Current Liab16M161M678M240M187M124.4M
Total Current Liabilities2.1B634M1.6B617M906M765.6M
Total Stockholder Equity1.8B1.8B1.8B2.2B2.1B1.7B
Property Plant And Equipment Net6.3B7.6B8.2B7.9B10.1B5.9B
Current Deferred Revenue112M123M138M119M136M98.3M
Net Debt6.9B7.0B8.1B6.7B8.1B5.5B
Retained Earnings(72M)(84M)(33M)463M361M379.1M
Accounts Payable105M89M181M55M161M105.5M
Cash155M268M179M657M535M276.3M
Non Current Assets Total9.1B9.9B11.3B11.0B13.1B8.2B
Non Currrent Assets Other103M115M107M40M157M95.7M
Cash And Short Term Investments155M268M179M657M535M276.3M
Net Receivables118M143M144M153M345M362.3M
Liabilities And Stockholders Equity9.7B10.6B12.8B12.3B14.7B9.0B
Non Current Liabilities Total5.4B7.2B7.9B7.7B8.8B5.5B
Other Current Assets295M313M1.2B419M625M656.3M
Other Stockholder Equity1.9B1.9B1.9B1.8B1.7B1.6B
Total Liab7.4B7.9B9.5B8.3B9.7B6.3B
Property Plant And Equipment Gross6.3B7.6B8.2B7.9B13.6B14.3B
Total Current Assets608M708M1.5B1.3B1.6B1.6B
Short Term Debt1.8B384M772M322M558M481.0M
Intangible Assets1.4B1.4B2.5B2.6B2.4B1.4B
Net Tangible Assets422M1.8B(665M)2.2B2.6B2.7B
Long Term Debt5.0B6.6B6.9B6.5B7.5B6.0B
Non Current Liabilities Other121M523M173M201M287M172.7M
Property Plant Equipment6.3B7.2B8.2B7.4B8.5B6.1B
Other Liab130M217M382M623M716.5M752.3M
Other Assets195M218M202M70M63M59.9M
Long Term Investments1.2B741M381M364M360M561.0M

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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.