Clearway Non Current Liabilities Total vs Non Currrent Assets Other Analysis

CWEN Stock  USD 26.94  0.79  2.85%   
Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy Class is a good investment. Please check the relationship between Clearway Energy Non Current Liabilities Total and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Current Liabilities Total vs Non Currrent Assets Other

Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Class Non Current Liabilities Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clearway Energy's Non Current Liabilities Total and Non Currrent Assets Other is 0.72. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Clearway Energy Class, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Clearway Energy Class are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., Clearway Energy's Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Clearway Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearway Energy Class 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 Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Clearway Energy's Tax Provision is very stable compared to the past year. As of the 8th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop about 23.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense312M232M337M245.9M
Depreciation And Amortization703M684M711M391.3M

Clearway Energy fundamental ratios Correlations

0.90.890.340.620.860.650.90.960.890.320.370.610.90.490.340.880.610.540.310.870.870.440.760.880.79
0.90.990.440.630.950.681.00.90.980.340.430.731.00.710.40.980.730.610.240.990.960.470.870.990.83
0.890.990.410.670.960.60.980.91.00.230.390.690.990.730.460.990.690.550.310.990.960.490.921.00.8
0.340.440.410.50.270.340.410.480.420.040.530.080.410.170.150.380.080.14-0.120.410.210.910.260.450.3
0.620.630.670.50.560.320.610.680.69-0.060.510.170.630.450.340.560.170.290.520.570.540.670.580.670.49
0.860.950.960.270.560.570.940.820.950.280.320.710.960.670.520.970.710.50.240.950.970.350.920.950.76
0.650.680.60.340.320.570.690.640.580.850.390.650.660.31-0.160.590.650.87-0.070.630.590.130.380.620.9
0.91.00.980.410.610.940.690.90.980.350.460.721.00.730.390.970.720.620.270.980.950.440.850.980.84
0.960.90.90.480.680.820.640.90.90.280.350.610.90.530.260.880.610.50.340.880.830.560.760.90.77
0.890.981.00.420.690.950.580.980.90.20.410.650.990.740.480.990.650.540.330.980.960.520.921.00.79
0.320.340.230.04-0.060.280.850.350.280.20.080.590.320.0-0.40.230.590.68-0.310.290.3-0.280.050.250.6
0.370.430.390.530.510.320.390.460.350.410.08-0.010.420.430.170.36-0.010.370.080.350.260.50.130.40.45
0.610.730.690.080.170.710.650.720.610.650.59-0.010.720.41-0.060.71.00.48-0.060.740.75-0.010.570.690.61
0.91.00.990.410.630.960.661.00.90.990.320.420.720.730.420.980.720.60.270.990.970.450.880.990.83
0.490.710.730.170.450.670.310.730.530.740.00.430.410.730.460.730.410.490.260.720.710.250.710.720.59
0.340.40.460.150.340.52-0.160.390.260.48-0.40.17-0.060.420.460.5-0.060.030.320.440.480.360.670.450.16
0.880.980.990.380.560.970.590.970.880.990.230.360.70.980.730.50.70.550.240.990.970.460.930.990.79
0.610.730.690.080.170.710.650.720.610.650.59-0.011.00.720.41-0.060.70.48-0.060.740.75-0.010.570.690.61
0.540.610.550.140.290.50.870.620.50.540.680.370.480.60.490.030.550.480.00.570.590.020.440.560.91
0.310.240.31-0.120.520.24-0.070.270.340.33-0.310.08-0.060.270.260.320.24-0.060.00.230.260.120.320.290.13
0.870.990.990.410.570.950.630.980.880.980.290.350.740.990.720.440.990.740.570.230.970.450.910.990.8
0.870.960.960.210.540.970.590.950.830.960.30.260.750.970.710.480.970.750.590.260.970.290.930.960.79
0.440.470.490.910.670.350.130.440.560.52-0.280.5-0.010.450.250.360.46-0.010.020.120.450.290.410.510.24
0.760.870.920.260.580.920.380.850.760.920.050.130.570.880.710.670.930.570.440.320.910.930.410.910.66
0.880.991.00.450.670.950.620.980.91.00.250.40.690.990.720.450.990.690.560.290.990.960.510.910.8
0.790.830.80.30.490.760.90.840.770.790.60.450.610.830.590.160.790.610.910.130.80.790.240.660.8
Click cells to compare fundamentals

Clearway Energy Account Relationship Matchups

Clearway Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding104M109M116M117M134.6M98.9M
Total Assets9.7B10.6B12.8B12.3B14.7B9.0B
Short Long Term Debt Total7.0B7.3B8.3B7.4B8.7B5.8B
Other Current Liab16M38M540M121M51M80.7M
Total Current Liabilities2.1B634M1.6B617M906M765.6M
Total Stockholder Equity1.8B1.8B1.8B2.2B2.1B1.7B
Other Liab130M217M382M623M716.5M752.3M
Property Plant And Equipment Net6.3B7.6B8.2B7.9B10.1B5.9B
Current Deferred Revenue112M123M138M119M136M98.3M
Net Debt6.9B7.0B8.1B6.7B8.1B5.5B
Retained Earnings(72M)(84M)(33M)463M361M379.1M
Accounts Payable105M89M181M55M161M105.5M
Cash155M268M179M657M535M276.3M
Non Current Assets Total9.1B9.9B11.3B11.0B13.1B8.2B
Non Currrent Assets Other103M115M107M40M157M95.7M
Other Assets195M218M202M70M80.5M76.5M
Long Term Debt5.0B6.6B6.9B6.5B7.5B5.1B
Cash And Short Term Investments155M268M179M657M535M276.3M
Net Receivables118M143M144M153M345M362.3M
Liabilities And Stockholders Equity9.7B10.6B12.8B12.3B14.7B9.0B
Non Current Liabilities Total5.4B7.2B7.9B7.7B8.8B5.5B
Other Current Assets295M255M1.2B80M68M64.6M
Other Stockholder Equity1.9B1.9B1.9B1.8B1.7B1.6B
Total Liab7.4B7.9B9.5B8.3B9.7B6.3B
Property Plant And Equipment Gross6.3B7.6B8.2B7.9B13.6B14.3B
Total Current Assets608M708M1.5B1.3B1.6B1.6B
Short Term Debt1.8B384M772M322M558M481.0M
Intangible Assets1.4B1.4B2.5B2.6B2.4B1.4B
Property Plant Equipment6.3B7.2B8.2B7.4B8.5B5.2B
Net Tangible Assets422M1.8B(665M)2.2B2.6B2.7B
Long Term Debt Total5.0B6.6B6.9B6.5B7.5B5.6B
Capital Surpluse1.9B1.9B1.9B1.8B2.0B1.9B
Non Current Liabilities Other121M523M173M201M287M172.7M

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Additional Information and Resources on Investing in Clearway Stock

When determining whether Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy's 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 Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Independent Power and Renewable Electricity Producers 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 Clearway Energy. If investors know Clearway 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 Clearway Energy 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
2.083
Dividend Share
1.571
Earnings Share
0.65
Revenue Per Share
11.017
Quarterly Revenue Growth
(0.09)
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy'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 Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy'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 Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy'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.