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 Direction | Positive |
Relationship Strength | Insignificant |
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.
Clearway Energy fundamental ratios Correlations
Click cells to compare fundamentals
Clearway Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearway Energy fundamental ratios Accounts
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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.