Clearway Pb Ratio vs Capex To Depreciation Analysis
| CWENA Stock | 24.53 0.39 1.62% |
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 Pb Ratio and its Capex To Depreciation 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.
Pb Ratio vs Capex To Depreciation
Pb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Class Pb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clearway Energy's Pb Ratio and Capex To Depreciation is 0.78. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation 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 Pb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Clearway Energy Class are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., Clearway Energy's Pb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Pb Ratio
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 26 M.
| 2019 | 2024 | 2025 (projected) | Depreciation And Amortization | 491M | 564.7M | 478.5M | Interest Income | 321M | 469.2M | 312.4M |
Clearway Energy fundamental ratios Correlations
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Clearway Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock: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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.