Clearway Net Receivables vs Accounts Payable Analysis
| CWENA Stock | 26.23 1.28 5.13% |
Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy Class is a good investment. Please check the relationship between Clearway Energy Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. 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.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Class Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clearway Energy's Net Receivables and Accounts Payable is 0.7. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Clearway Energy Class, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Net Receivables and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Clearway Energy Class are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Clearway Energy's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Clearway Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Clearway Energy Class are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Class 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 Class. 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 Enterprise Value Over EBITDA is expected to grow to 10.60, whereas Selling General Administrative is forecasted to decline to about 19.9 M.
| 2019 | 2020 | 2024 | 2025 (projected) | Gross Profit | 690M | 833M | 958.0M | 653.7M | Total Revenue | 1.0B | 1.2B | 1.4B | 973.4M |
Clearway Energy fundamental ratios Correlations
Click cells to compare fundamentals
Clearway Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. 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. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearway Energy. If investors know Clearway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearway Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.