Clean Free Cash Flow Yield vs Ptb Ratio Analysis
AIR Stock | 0.06 0.01 10.00% |
Clean Air financial indicator trend analysis is way more than just evaluating Clean Air Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clean Air Metals is a good investment. Please check the relationship between Clean Air Free Cash Flow Yield and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Air Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Free Cash Flow Yield vs Ptb Ratio
Free Cash Flow Yield vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Air Metals Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Clean Air's Free Cash Flow Yield and Ptb Ratio is 0.17. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Clean Air Metals, assuming nothing else is changed. The correlation between historical values of Clean Air's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Clean Air Metals are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Clean Air's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Clean Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clean Air Metals 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 Clean Air Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Clean Air's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 13.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.
Clean Air fundamental ratios Correlations
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Clean Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clean Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 394.7K | 230.8K | 393.9K | 240.7K | 3.3M | 3.5M | |
Total Current Liabilities | 693.1K | 1.9M | 3.0M | 623.7K | 3.5M | 3.7M | |
Net Tangible Assets | 1.3M | 23.2M | 31.0M | 38.9M | 44.7M | 46.9M | |
Retained Earnings | (75.5M) | (76.7M) | (78.9M) | (83.7M) | (87.1M) | (91.4M) | |
Accounts Payable | 47.1K | 230.8K | 855.4K | 368.6K | 51.5K | 48.9K | |
Net Receivables | 67.5K | 561.9K | 469.1K | 5.2M | 120.8K | 114.8K | |
Other Stockholder Equity | 234.7K | 6.7M | 9.1M | 14.0M | 16.1M | 17.0M | |
Total Current Assets | 2.0M | 7.6M | 1.3M | 12.3M | 6.7M | 4.2M | |
Common Stock | 73.6M | 93.3M | 100.8M | 108.5M | 124.8M | 92.8M | |
Total Assets | 2.0M | 27.1M | 35.1M | 42.3M | 39.2M | 26.8M | |
Short Long Term Debt Total | 251.3K | 3.7M | 2.6M | 26.5K | 30.4K | 28.9K | |
Total Stockholder Equity | 1.3M | 23.2M | 31.0M | 38.9M | 35.7M | 24.0M | |
Net Debt | (1.3M) | (3.0M) | 2.0M | (6.8M) | (6.2M) | (5.9M) | |
Cash | 1.5M | 6.7M | 542.6K | 6.9M | 5.9M | 4.1M | |
Cash And Short Term Investments | 1.5M | 6.7M | 542.6K | 6.9M | 7.9M | 8.3M | |
Common Stock Shares Outstanding | 23.6M | 106.5M | 131.7M | 219.6M | 224.0M | 152.5M | |
Liabilities And Stockholders Equity | 2.0M | 27.1M | 35.1M | 42.3M | 48.6M | 51.1M | |
Total Liab | 693.1K | 3.9M | 4.0M | 3.4M | 3.5M | 2.9M | |
Net Invested Capital | 1.5M | 26.9M | 33.6M | 38.9M | 35.7M | 25.2M | |
Accumulated Other Comprehensive Income | 2.9M | 6.7M | 9.1M | 14.0M | 16.1M | 17.0M | |
Capital Stock | 73.6M | 93.3M | 100.8M | 108.5M | 108.7M | 102.1M | |
Net Working Capital | 1.3M | 5.7M | (1.6M) | 11.7M | 3.2M | 3.8M | |
Short Term Debt | 251.3K | 1.7M | 1.7M | 14.3K | 16.5K | 15.7K |
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When running Clean Air's price analysis, check to measure Clean Air'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 Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.