Clear Property Plant And Equipment Net vs Cash Analysis
YOU Stock | USD 27.08 0.90 3.44% |
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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clear Secure Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Clear Secure's Property Plant And Equipment Net and Cash is -0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Clear Secure are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Clear Secure's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.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.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
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Clear Secure Account Relationship Matchups
High Positive Relationship
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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.