Clearway Energy Financials

CWEN-A Stock  USD 27.76  0.17  0.61%   
Based on the key measurements obtained from Clearway Energy's financial statements, Clearway Energy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Clearway Energy's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 362.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 98.9 M. Key indicators impacting Clearway Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.424.1238
Way Down
Slightly volatile
Operating Income244.3 M263 M
Significantly Down
Slightly volatile
Current Ratio0.861.7219
Way Down
Slightly volatile
Investors should never underestimate Clearway Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Clearway Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in Clearway Energy.

Net Income

85.8 Million

  
Understanding current and past Clearway Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Clearway Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Clearway Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Clearway Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Clearway Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Clearway Energy's management manipulating its earnings.

Clearway Energy Stock Summary

Clearway Energy competes with Atlantica Sustainable, Brookfield Renewable, Nextera Energy, Brookfield Renewable, and Clearway Energy. Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC. Clearway Energy operates under Utilities - Regulated Electric classification in USA and is traded on New York Stock Exchange. It employs 269 people.
Specialization
Utilities, Utilities - Renewable
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS18539C1053
Business Address300 Carnegie Center,
SectorIndependent Power and Renewable Electricity Producers
IndustryUtilities
BenchmarkDow Jones Industrial
Websiteinvestor.clearwayenergy.com
Phone609 608 1525
CurrencyUSD - US Dollar

Clearway Energy Key Financial Ratios

Clearway Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets9.7B10.6B12.8B12.3B14.7B9.0B
Other Current Liab16M161M678M240M187M124.4M
Net Debt6.9B7.0B8.1B6.7B8.1B5.5B
Retained Earnings(72M)(84M)(33M)463M361M379.1M
Accounts Payable105M89M181M55M161M105.5M
Cash155M268M179M657M535M276.3M
Net Receivables118M143M144M153M345M362.3M
Other Current Assets295M313M1.2B419M625M656.3M
Total Liab7.4B7.9B9.5B8.3B9.7B6.3B
Total Current Assets608M708M1.5B1.3B1.6B1.6B
Short Term Debt1.8B384M772M322M558M481.0M
Intangible Assets1.4B1.4B2.5B2.6B2.4B1.4B
Net Tangible Assets422M1.8B(665M)2.2B2.6B2.7B
Long Term Debt5.0B6.6B6.9B6.5B7.5B6.0B
Other Liab130M217M382M623M716.5M752.3M
Other Assets195M218M202M70M63M59.9M

Clearway Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense404M415M312M232M337M245.9M
Total Revenue1.0B1.2B1.3B1.2B1.3B906.8M
Gross Profit690M833M835M755M841M590.6M
Operating Income352M333M267M247M263M244.3M
Ebitda826M835M958M2.3B1.0B788.2M
Cost Of Revenue342M366M451M435M473M316.2M
Net Income(96M)(62M)(75M)1.1B79M85.8M
Income Tax Expense72M62M(8M)222M(2M)(1.9M)
Minority Interest413M(87M)126M(478M)49M51.5M
Tax Provision(8M)8M12M222M52M57.6M
Net Interest Income(404M)(415M)(312M)(232M)(291M)(305.6M)

Clearway Energy Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(166M)48M189M342M55M63.3M
Free Cash Flow249M421M550M675M408M304.2M
Depreciation474M522M655M684M711M384.1M
Other Non Cash Items24M17M15M(1.2B)62M65.1M
Dividends Paid155M211M268M353M(311M)(295.5M)
Capital Expenditures228M124M151M112M294M147.7M
Net Income(96M)(62M)(75M)1.1B(14M)(13.3M)
End Period Cash Flow417M465M654M996M1.1B1.1B
Net Borrowings(269M)(463M)(319M)(1.2B)(1.1B)(1.0B)
Investments(468M)68M26M1.1B(306M)(290.7M)

Clearway Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Clearway Energy's current stock value. Our valuation model uses many indicators to compare Clearway Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Clearway Energy competition to find correlations between indicators driving Clearway Energy's intrinsic value. More Info.
Clearway Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Clearway Energy's Return On Equity is projected to increase slightly based on the last few years of reporting. 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 Clearway Energy's earnings, one of the primary drivers of an investment's value.

Clearway Energy Systematic Risk

Clearway Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Clearway Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Clearway Energy correlated with the market. If Beta is less than 0 Clearway Energy generally moves in the opposite direction as compared to the market. If Clearway Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Clearway Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Clearway Energy is generally in the same direction as the market. If Beta > 1 Clearway Energy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Clearway Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Clearway Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Clearway Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.42)

At present, Clearway Energy's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Clearway Energy November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Clearway Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Clearway Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Clearway Energy based on widely used predictive technical indicators. In general, we focus on analyzing Clearway Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Clearway Energy's daily price indicators and compare them against related drivers.

Complementary Tools for Clearway Stock analysis

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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