Clear Cash vs Property Plant And Equipment Net Analysis
YOU Stock | USD 26.18 0.29 1.12% |
Clear Secure financial indicator trend analysis is way more than just evaluating Clear Secure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clear Secure is a good investment. Please check the relationship between Clear Secure Cash and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clear Secure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clear Secure Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Clear Secure's Cash and Property Plant And Equipment Net is -0.87. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Clear Secure, assuming nothing else is changed. The correlation between historical values of Clear Secure's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Clear Secure are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Clear Secure's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Clear Secure, which is listed under current asset account on Clear Secure balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Clear Secure customers. The amounts must be unrestricted with restricted cash listed in a different Clear Secure account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Clear Secure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clear Secure 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clear Secure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.At this time, Clear Secure's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.58 in 2024, whereas Tax Provision is likely to drop (876.8 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 12.4M | 22.6M | 21.6M | 16.1M | Interest Income | 349K | 6.6M | 7.6M | 8.0M |
Clear Secure fundamental ratios Correlations
Click cells to compare fundamentals
Clear Secure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Clear Stock Analysis
When running Clear Secure's price analysis, check to measure Clear Secure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clear Secure is operating at the current time. Most of Clear Secure's value examination focuses on studying past and present price action to predict the probability of Clear Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clear Secure's price. Additionally, you may evaluate how the addition of Clear Secure to your portfolios can decrease your overall portfolio volatility.