Clear Total Assets vs Other Current Liab 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 Total Assets and its Other Current Liab 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.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clear Secure Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Clear Secure's Total Assets and Other Current Liab is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Clear Secure are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Clear Secure's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Clear Secure assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Clear Secure books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

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 Amortization12.4M22.6M21.6M16.1M
Interest Income349K6.6M7.6M8.0M

Clear Secure fundamental ratios Correlations

0.940.940.92-0.970.960.920.950.750.890.76-0.630.98-0.260.881.00.22-0.97-0.950.990.870.960.940.90.940.92
0.940.990.74-0.870.880.940.980.830.740.92-0.760.95-0.480.840.920.03-0.87-0.860.960.880.990.970.880.980.74
0.940.990.76-0.870.890.951.00.830.780.87-0.740.95-0.50.90.93-0.03-0.87-0.830.960.90.990.920.821.00.76
0.920.740.76-0.950.930.740.780.520.950.51-0.350.86-0.020.830.940.44-0.95-0.930.860.710.770.780.780.761.0
-0.97-0.87-0.87-0.95-1.0-0.81-0.88-0.68-0.96-0.730.49-0.920.29-0.87-0.98-0.321.00.98-0.92-0.83-0.88-0.9-0.89-0.86-0.95
0.960.880.890.93-1.00.840.90.720.950.74-0.530.92-0.360.890.970.23-0.99-0.960.930.870.90.890.870.880.93
0.920.940.950.74-0.810.840.950.920.680.74-0.870.97-0.370.780.88-0.15-0.81-0.790.970.940.970.880.810.980.74
0.950.981.00.78-0.880.90.950.830.790.85-0.740.96-0.480.910.93-0.03-0.88-0.840.970.910.990.910.821.00.78
0.750.830.830.52-0.680.720.920.830.490.71-0.950.84-0.560.580.7-0.41-0.67-0.660.830.960.860.770.750.860.52
0.890.740.780.95-0.960.950.680.790.490.6-0.270.8-0.240.910.920.38-0.96-0.90.810.710.760.750.720.760.95
0.760.920.870.51-0.730.740.740.850.710.6-0.630.76-0.670.710.750.02-0.73-0.730.780.740.870.890.80.840.51
-0.63-0.76-0.74-0.350.49-0.53-0.87-0.74-0.95-0.27-0.63-0.760.45-0.42-0.570.490.490.5-0.74-0.85-0.79-0.69-0.66-0.79-0.35
0.980.950.950.86-0.920.920.970.960.840.80.76-0.76-0.280.830.970.08-0.92-0.911.00.920.980.940.90.960.86
-0.26-0.48-0.5-0.020.29-0.36-0.37-0.48-0.56-0.24-0.670.45-0.28-0.42-0.240.540.280.2-0.3-0.54-0.44-0.34-0.24-0.47-0.02
0.880.840.90.83-0.870.890.780.910.580.910.71-0.420.83-0.420.90.13-0.87-0.780.850.750.840.750.630.880.83
1.00.920.930.94-0.980.970.880.930.70.920.75-0.570.97-0.240.90.28-0.98-0.960.970.840.940.930.890.920.94
0.220.03-0.030.44-0.320.23-0.15-0.03-0.410.380.020.490.080.540.130.28-0.32-0.40.1-0.230.010.220.28-0.080.44
-0.97-0.87-0.87-0.951.0-0.99-0.81-0.88-0.67-0.96-0.730.49-0.920.28-0.87-0.98-0.320.98-0.92-0.83-0.88-0.9-0.89-0.86-0.95
-0.95-0.86-0.83-0.930.98-0.96-0.79-0.84-0.66-0.9-0.730.5-0.910.2-0.78-0.96-0.40.98-0.91-0.8-0.87-0.93-0.95-0.82-0.93
0.990.960.960.86-0.920.930.970.970.830.810.78-0.741.0-0.30.850.970.1-0.92-0.910.910.980.950.90.970.86
0.870.880.90.71-0.830.870.940.910.960.710.74-0.850.92-0.540.750.84-0.23-0.83-0.80.910.920.830.810.920.71
0.960.990.990.77-0.880.90.970.990.860.760.87-0.790.98-0.440.840.940.01-0.88-0.870.980.920.960.890.990.77
0.940.970.920.78-0.90.890.880.910.770.750.89-0.690.94-0.340.750.930.22-0.9-0.930.950.830.960.970.910.78
0.90.880.820.78-0.890.870.810.820.750.720.8-0.660.9-0.240.630.890.28-0.89-0.950.90.810.890.970.820.78
0.940.981.00.76-0.860.880.981.00.860.760.84-0.790.96-0.470.880.92-0.08-0.86-0.820.970.920.990.910.820.76
0.920.740.761.0-0.950.930.740.780.520.950.51-0.350.86-0.020.830.940.44-0.95-0.930.860.710.770.780.780.76
Click cells to compare fundamentals

Clear Secure Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.