Clean Harbors Net Worth

Clean Harbors Net Worth Breakdown

  CLH
The net worth of Clean Harbors is the difference between its total assets and liabilities. Clean Harbors' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Clean Harbors' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Clean Harbors' net worth can be used as a measure of its financial health and stability which can help investors to decide if Clean Harbors is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Clean Harbors stock.

Clean Harbors Net Worth Analysis

Clean Harbors' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Clean Harbors' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Clean Harbors' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Clean Harbors' net worth analysis. One common approach is to calculate Clean Harbors' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Clean Harbors' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Clean Harbors' net worth. This approach calculates the present value of Clean Harbors' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Clean Harbors' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Clean Harbors' net worth. This involves comparing Clean Harbors' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Clean Harbors' net worth relative to its peers.

Enterprise Value

941.47 Million

To determine if Clean Harbors is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Clean Harbors' net worth research are outlined below:
Clean Harbors is unlikely to experience financial distress in the next 2 years
Over 92.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Acquisition by Lauren States of 836 shares of Clean Harbors subject to Rule 16b-3

Clean Harbors Quarterly Good Will

1.49 Billion

Clean Harbors uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Clean Harbors. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Clean Harbors' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of March 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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6th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Clean Harbors' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Clean Harbors is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clean Harbors backward and forwards among themselves. Clean Harbors' institutional investor refers to the entity that pools money to purchase Clean Harbors' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Pictet Asset Manangement Sa2024-06-30
983.3 K
Geode Capital Management, Llc2024-09-30
847.7 K
Dimensional Fund Advisors, Inc.2024-09-30
661 K
Norges Bank2024-06-30
595.4 K
Handelsbanken Fonder Ab2024-09-30
570.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
561.1 K
Marshall Wace Asset Management Ltd2024-06-30
537.3 K
Hood River Capital Management Llc2024-09-30
524.7 K
Bank Of New York Mellon Corp2024-06-30
454.7 K
Vanguard Group Inc2024-09-30
4.6 M
Blackrock Inc2024-06-30
4.5 M
Note, although Clean Harbors' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Clean Harbors' market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 13.61 B.

Market Cap

3.99 Billion

Project Clean Harbors' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.09 
Return On Capital Employed 0.11  0.11 
Return On Assets 0.06  0.06 
Return On Equity 0.17  0.18 
The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.
When accessing Clean Harbors' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Clean Harbors' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Clean Harbors' profitability and make more informed investment decisions.

Evaluate Clean Harbors' management efficiency

Clean Harbors has Return on Asset of 0.0628 % which means that on every $100 spent on assets, it made $0.0628 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1768 %, implying that it generated $0.1768 on every 100 dollars invested. Clean Harbors' management efficiency ratios could be used to measure how well Clean Harbors manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Clean Harbors' Return On Tangible Assets are increasing as compared to previous years. The Clean Harbors' current Return On Assets is estimated to increase to 0.06, while Return On Capital Employed is projected to decrease to 0.11. As of now, Clean Harbors' Other Current Assets are increasing as compared to previous years. The Clean Harbors' current Total Current Assets is estimated to increase to about 2.2 B, while Net Tangible Assets are projected to decrease to under 1.4 B.
Last ReportedProjected for Next Year
Book Value Per Share 41.57  43.64 
Tangible Book Value Per Share 6.60  6.93 
Enterprise Value Over EBITDA 11.60  7.18 
Price Book Value Ratio 4.20  4.44 
Enterprise Value Multiple 11.60  7.18 
Price Fair Value 4.20  4.44 
Enterprise Value896.6 M941.5 M
The decision-making processes within Clean Harbors are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue
2.7692
Revenue
5.8 B
Quarterly Revenue Growth
0.12
Revenue Per Share
107.451
Return On Equity
0.1768
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Clean Harbors insiders, such as employees or executives, is commonly permitted as long as it does not rely on Clean Harbors' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Clean Harbors insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Clean Harbors Corporate Filings

F4
19th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
19th of September 2024
Other Reports
ViewVerify
Clean Harbors time-series forecasting models is one of many Clean Harbors' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Clean Harbors' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Clean Harbors Earnings per Share Projection vs Actual

Clean Harbors Corporate Directors

Rod MarlinIndependent DirectorProfile
John WelchIndependent DirectorProfile
Eugene BanucciLead Independent DirectorProfile
John PrestonIndependent DirectorProfile
When determining whether Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' 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 Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Harbors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Environmental & Facilities Services 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 Clean Harbors. If investors know Clean 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 Clean Harbors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.262
Earnings Share
7.68
Revenue Per Share
107.451
Quarterly Revenue Growth
0.12
Return On Assets
0.0628
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.