Clene Current Deferred Revenue vs Property Plant And Equipment Net Analysis

CLNN Stock  USD 0.37  0.02  5.13%   
Clene financial indicator trend analysis is way more than just evaluating Clene Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clene Inc is a good investment. Please check the relationship between Clene Current Deferred Revenue and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clene Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue 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 Clene Inc Current Deferred Revenue account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Clene's Current Deferred Revenue and Property Plant And Equipment Net is -0.89. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Clene Inc, assuming nothing else is changed. The correlation between historical values of Clene's Current Deferred Revenue 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 Current Deferred Revenue of Clene Inc 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 Current Deferred Revenue i.e., Clene's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Clene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clene Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clene Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Clene reported last year Tax Provision of (215,000). As of the 21st of May 2024, Selling General Administrative is likely to grow to about 13.4 M, while Enterprise Value Over EBITDA is likely to drop (0.93).
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.7M45.8M39.4M36.0M
Cost Of Revenue289K26K1.8M1.9M

Clene fundamental ratios Correlations

0.530.70.75-0.710.340.560.86-0.640.420.880.440.780.38-0.24-0.580.880.380.80.430.890.780.750.39-0.60.43
0.53-0.060.73-0.90.460.880.51-0.060.950.660.740.790.76-0.690.220.410.760.770.510.570.330.790.8-0.920.72
0.7-0.060.16-0.15-0.13-0.080.42-0.84-0.130.4-0.070.24-0.150.21-0.670.56-0.150.26-0.010.490.580.2-0.1-0.02-0.08
0.750.730.16-0.930.720.930.89-0.330.70.960.850.990.75-0.75-0.190.820.750.990.820.90.620.960.79-0.90.85
-0.71-0.9-0.15-0.93-0.68-0.96-0.740.33-0.89-0.88-0.9-0.97-0.860.81-0.03-0.66-0.86-0.96-0.77-0.79-0.49-0.97-0.890.99-0.89
0.340.46-0.130.72-0.680.730.4-0.30.660.560.840.70.87-0.790.310.320.870.720.960.41-0.050.720.67-0.720.88
0.560.88-0.080.93-0.960.730.7-0.150.880.830.920.940.86-0.880.120.60.860.930.80.730.410.920.9-0.980.91
0.860.510.420.89-0.740.40.7-0.380.370.960.540.870.39-0.4-0.620.980.390.870.540.990.890.80.51-0.650.53
-0.64-0.06-0.84-0.330.33-0.3-0.15-0.38-0.12-0.47-0.23-0.41-0.170.180.33-0.48-0.17-0.42-0.41-0.47-0.32-0.34-0.10.25-0.26
0.420.95-0.130.7-0.890.660.880.37-0.120.570.840.750.9-0.810.440.260.90.740.670.430.090.790.85-0.930.84
0.880.660.40.96-0.880.560.830.96-0.470.570.720.960.59-0.58-0.420.940.590.970.690.980.780.920.68-0.810.71
0.440.74-0.070.85-0.90.840.920.54-0.230.840.720.870.96-0.940.290.460.960.860.90.570.220.90.96-0.931.0
0.780.790.240.99-0.970.70.940.87-0.410.750.960.870.78-0.77-0.160.810.781.00.810.90.610.970.83-0.930.86
0.380.76-0.150.75-0.860.870.860.39-0.170.90.590.960.78-0.890.440.291.00.780.860.430.030.850.91-0.90.96
-0.24-0.690.21-0.750.81-0.79-0.88-0.40.18-0.81-0.58-0.94-0.77-0.89-0.43-0.31-0.89-0.74-0.88-0.45-0.08-0.76-0.910.87-0.95
-0.580.22-0.67-0.19-0.030.310.12-0.620.330.44-0.420.29-0.160.44-0.43-0.70.44-0.170.2-0.58-0.81-0.080.29-0.170.3
0.880.410.560.82-0.660.320.60.98-0.480.260.940.460.810.29-0.31-0.70.30.810.470.980.920.740.43-0.560.45
0.380.76-0.150.75-0.860.870.860.39-0.170.90.590.960.781.0-0.890.440.30.780.860.430.040.850.91-0.90.96
0.80.770.260.99-0.960.720.930.87-0.420.740.970.861.00.78-0.74-0.170.810.780.810.90.610.980.81-0.920.86
0.430.51-0.010.82-0.770.960.80.54-0.410.670.690.90.810.86-0.880.20.470.860.810.560.130.790.75-0.790.94
0.890.570.490.9-0.790.410.730.99-0.470.430.980.570.90.43-0.45-0.580.980.430.90.560.880.830.55-0.70.57
0.780.330.580.62-0.49-0.050.410.89-0.320.090.780.220.610.03-0.08-0.810.920.040.610.130.880.560.29-0.370.18
0.750.790.20.96-0.970.720.920.8-0.340.790.920.90.970.85-0.76-0.080.740.850.980.790.830.560.88-0.930.89
0.390.8-0.10.79-0.890.670.90.51-0.10.850.680.960.830.91-0.910.290.430.910.810.750.550.290.88-0.910.93
-0.6-0.92-0.02-0.90.99-0.72-0.98-0.650.25-0.93-0.81-0.93-0.93-0.90.87-0.17-0.56-0.9-0.92-0.79-0.7-0.37-0.93-0.91-0.92
0.430.72-0.080.85-0.890.880.910.53-0.260.840.711.00.860.96-0.950.30.450.960.860.940.570.180.890.93-0.92
Click cells to compare fundamentals

Clene Account Relationship Matchups

Clene fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.9M10.0M3.6M3.9M3.7M4.4M
Total Current Liabilities4.3M11.7M6.0M13.9M25.3M26.6M
Net Tangible Assets(67.8M)341K12.6M3.2M3.7M3.9M
Retained Earnings(69.6M)(153.6M)(163.3M)(193.2M)(242.7M)(230.6M)
Accounts Payable889K1.1M1.9M3.0M1.5M1.8M
Other Stockholder Equity(70.9M)85.3M175.7M196.2M255.9M268.7M
Total Current Assets9.5M63.0M54.6M29.2M38.9M38.9M
Property Plant Equipment5.4M5.3M5.2M15.2M17.5M18.4M

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When determining whether Clene Inc is a strong investment it is important to analyze Clene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clene's future performance. For an informed investment choice regarding Clene Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clene Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is Clene's industry 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 Clene. If investors know Clene 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 Clene 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
0.614
Earnings Share
(0.47)
Revenue Per Share
0.006
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.52)
The market value of Clene Inc is measured differently than its book value, which is the value of Clene that is recorded on the company's balance sheet. Investors also form their own opinion of Clene's value that differs from its market value or its book value, called intrinsic value, which is Clene's 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 Clene's market value can be influenced by many factors that don't directly affect Clene's 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 Clene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clene'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.