Cleanaway Waste Revenue vs. Return On Asset

CWY Stock   2.88  0.01  0.35%   
Based on the measurements of profitability obtained from Cleanaway Waste's financial statements, Cleanaway Waste Management may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Cleanaway Waste's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2004-09-30
Previous Quarter
1.8 B
Current Value
1.9 B
Quarterly Volatility
411.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Cleanaway Waste profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cleanaway Waste to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cleanaway Waste Management utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cleanaway Waste's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cleanaway Waste Management over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Cleanaway Waste's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleanaway Waste is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleanaway Waste'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.

Cleanaway Waste Mana Return On Asset vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cleanaway Waste's current stock value. Our valuation model uses many indicators to compare Cleanaway Waste value to that of its competitors to determine the firm's financial worth.
Cleanaway Waste Management is the top company in revenue category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Revenue to Return On Asset for Cleanaway Waste Management is about  111,794,561,934 . At this time, Cleanaway Waste's Total Revenue is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cleanaway Waste's earnings, one of the primary drivers of an investment's value.

Cleanaway Revenue vs. Competition

Cleanaway Waste Management is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 41.16 Trillion. Cleanaway Waste adds roughly 3.7 Billion in revenue claiming only tiny portion of equities under Industrials industry.

Cleanaway Return On Asset vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Cleanaway Waste

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
3.7 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Cleanaway Waste

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0331
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Cleanaway Return On Asset Comparison

Cleanaway Waste is currently under evaluation in return on asset category among its peers.

Cleanaway Waste Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cleanaway Waste, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cleanaway Waste will eventually generate negative long term returns. The profitability progress is the general direction of Cleanaway Waste's change in net profit over the period of time. It can combine multiple indicators of Cleanaway Waste, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income37.4 M28.6 M
Operating Income341.5 M182.2 M
Net Income Applicable To Common Shares24.8 M23.6 M
Net Income156.6 M164.4 M
Income Before Tax225.8 M237.1 M
Income Tax Expense67.6 M71 M
Total Other Income Expense Net-115.7 M-121.5 M
Net Income From Continuing Ops158.2 M166.1 M
Interest Income3.3 M3.1 M
Net Interest Income-115.7 M-109.9 M
Change To Netincome95.6 M100.3 M

Cleanaway Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cleanaway Waste. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cleanaway Waste position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cleanaway Waste's important profitability drivers and their relationship over time.

Use Cleanaway Waste in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cleanaway Waste position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cleanaway Waste will appreciate offsetting losses from the drop in the long position's value.

Cleanaway Waste Pair Trading

Cleanaway Waste Management Pair Trading Analysis

The ability to find closely correlated positions to Cleanaway Waste could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cleanaway Waste when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cleanaway Waste - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cleanaway Waste Management to buy it.
The correlation of Cleanaway Waste is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cleanaway Waste moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cleanaway Waste Mana moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cleanaway Waste can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cleanaway Waste position

In addition to having Cleanaway Waste in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Small Value Funds Thematic Idea Now

Small Value Funds
Small Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
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Additional Tools for Cleanaway Stock Analysis

When running Cleanaway Waste's price analysis, check to measure Cleanaway Waste'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 Cleanaway Waste is operating at the current time. Most of Cleanaway Waste's value examination focuses on studying past and present price action to predict the probability of Cleanaway Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleanaway Waste's price. Additionally, you may evaluate how the addition of Cleanaway Waste to your portfolios can decrease your overall portfolio volatility.