Clearway Total Revenue vs Operating Income Analysis
CWEN Stock | USD 26.79 0.30 1.11% |
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 Total Revenue and its Operating Income 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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Total Revenue vs Operating Income
Total Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Class Total Revenue account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Clearway Energy's Total Revenue and Operating Income is 0.87. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income 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 Total Revenue and Operating Income 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 Revenue of Clearway Energy Class are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Clearway Energy's Total Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Clearway Energy Class generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Clearway Energy Class operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Clearway Energy Class is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 tightly coupled 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 18th of May 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 Expense | 312M | 232M | 337M | 245.9M | Depreciation And Amortization | 703M | 684M | 711M | 391.3M |
Clearway Energy fundamental ratios Correlations
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Clearway Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearway Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 104M | 109M | 116M | 117M | 134.6M | 98.9M | |
Total Assets | 9.7B | 10.6B | 12.8B | 12.3B | 14.7B | 9.0B | |
Short Long Term Debt Total | 7.0B | 7.3B | 8.3B | 7.4B | 8.7B | 5.8B | |
Other Current Liab | 16M | 38M | 540M | 121M | 51M | 80.7M | |
Total Current Liabilities | 2.1B | 634M | 1.6B | 617M | 906M | 765.6M | |
Total Stockholder Equity | 1.8B | 1.8B | 1.8B | 2.2B | 2.1B | 1.7B | |
Other Liab | 130M | 217M | 382M | 623M | 716.5M | 752.3M | |
Property Plant And Equipment Net | 6.3B | 7.6B | 8.2B | 7.9B | 10.1B | 5.9B | |
Current Deferred Revenue | 112M | 123M | 138M | 119M | 136M | 98.3M | |
Net Debt | 6.9B | 7.0B | 8.1B | 6.7B | 8.1B | 5.5B | |
Retained Earnings | (72M) | (84M) | (33M) | 463M | 361M | 379.1M | |
Accounts Payable | 105M | 89M | 181M | 55M | 161M | 105.5M | |
Cash | 155M | 268M | 179M | 657M | 535M | 276.3M | |
Non Current Assets Total | 9.1B | 9.9B | 11.3B | 11.0B | 13.1B | 8.2B | |
Non Currrent Assets Other | 103M | 115M | 107M | 40M | 157M | 95.7M | |
Other Assets | 195M | 218M | 202M | 70M | 80.5M | 76.5M | |
Long Term Debt | 5.0B | 6.6B | 6.9B | 6.5B | 7.5B | 5.1B | |
Cash And Short Term Investments | 155M | 268M | 179M | 657M | 535M | 276.3M | |
Net Receivables | 118M | 143M | 144M | 153M | 345M | 362.3M | |
Liabilities And Stockholders Equity | 9.7B | 10.6B | 12.8B | 12.3B | 14.7B | 9.0B | |
Non Current Liabilities Total | 5.4B | 7.2B | 7.9B | 7.7B | 8.8B | 5.5B | |
Other Current Assets | 295M | 255M | 1.2B | 80M | 68M | 64.6M | |
Other Stockholder Equity | 1.9B | 1.9B | 1.9B | 1.8B | 1.7B | 1.6B | |
Total Liab | 7.4B | 7.9B | 9.5B | 8.3B | 9.7B | 6.3B | |
Property Plant And Equipment Gross | 6.3B | 7.6B | 8.2B | 7.9B | 13.6B | 14.3B | |
Total Current Assets | 608M | 708M | 1.5B | 1.3B | 1.6B | 1.6B | |
Short Term Debt | 1.8B | 384M | 772M | 322M | 558M | 481.0M | |
Intangible Assets | 1.4B | 1.4B | 2.5B | 2.6B | 2.4B | 1.4B | |
Property Plant Equipment | 6.3B | 7.2B | 8.2B | 7.4B | 8.5B | 5.2B | |
Net Tangible Assets | 422M | 1.8B | (665M) | 2.2B | 2.6B | 2.7B | |
Long Term Debt Total | 5.0B | 6.6B | 6.9B | 6.5B | 7.5B | 5.6B | |
Capital Surpluse | 1.9B | 1.9B | 1.9B | 1.8B | 2.0B | 1.9B | |
Non Current Liabilities Other | 121M | 523M | 173M | 201M | 287M | 172.7M |
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Clearway Energy Class information on this page should be used as a complementary analysis to other Clearway Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running Clearway Energy's price analysis, check to measure Clearway Energy'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 Clearway Energy is operating at the current time. Most of Clearway Energy's value examination focuses on studying past and present price action to predict the probability of Clearway Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearway Energy's price. Additionally, you may evaluate how the addition of Clearway Energy to your portfolios can decrease your overall portfolio volatility.
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Is Clearway Energy'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 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.