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 DirectionPositive 
Relationship StrengthInsignificant

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

0.830.75-0.89-0.07-0.080.80.350.630.54-0.110.55-0.670.490.740.460.50.530.50.640.2-0.11-0.860.69-0.640.69
0.830.88-0.840.440.00.820.450.790.780.410.77-0.460.540.710.360.820.780.790.820.170.44-0.830.8-0.770.83
0.750.88-0.940.480.460.980.780.930.950.30.95-0.730.790.880.630.910.950.910.980.580.31-0.940.94-0.910.91
-0.89-0.84-0.94-0.23-0.35-0.96-0.66-0.8-0.8-0.03-0.810.81-0.7-0.88-0.6-0.73-0.79-0.72-0.88-0.53-0.030.98-0.90.84-0.85
-0.070.440.48-0.230.40.350.330.510.640.650.640.130.190.10.170.690.660.640.580.110.75-0.30.57-0.610.6
-0.080.00.46-0.350.40.450.790.480.590.030.6-0.550.60.440.520.460.580.490.550.860.02-0.370.48-0.510.38
0.80.820.98-0.960.350.450.740.890.90.130.9-0.790.750.880.750.810.890.820.940.590.13-0.970.93-0.90.9
0.350.450.78-0.660.330.790.740.80.840.290.85-0.830.960.860.560.790.840.820.830.930.24-0.640.63-0.650.57
0.630.790.93-0.80.510.480.890.80.960.320.97-0.680.80.80.690.90.960.950.960.560.34-0.860.87-0.910.9
0.540.780.95-0.80.640.590.90.840.960.441.0-0.640.810.80.630.961.00.980.990.630.46-0.830.89-0.910.89
-0.110.410.3-0.030.650.030.130.290.320.440.420.140.340.21-0.170.640.470.580.370.080.980.020.12-0.140.17
0.550.770.95-0.810.640.60.90.850.971.00.42-0.650.810.80.650.961.00.970.990.640.44-0.840.9-0.920.89
-0.67-0.46-0.730.810.13-0.55-0.79-0.83-0.68-0.640.14-0.65-0.87-0.92-0.63-0.53-0.63-0.58-0.7-0.830.210.75-0.60.57-0.51
0.490.540.79-0.70.190.60.750.960.80.810.340.81-0.870.940.530.790.810.820.810.870.26-0.640.57-0.580.52
0.740.710.88-0.880.10.440.880.860.80.80.210.8-0.920.940.550.770.80.780.840.760.15-0.810.69-0.650.63
0.460.360.63-0.60.170.520.750.560.690.63-0.170.65-0.630.530.550.440.620.520.650.52-0.19-0.690.67-0.70.65
0.50.820.91-0.730.690.460.810.790.90.960.640.96-0.530.790.770.440.970.990.950.540.65-0.730.8-0.810.81
0.530.780.95-0.790.660.580.890.840.961.00.471.0-0.630.810.80.620.970.980.990.620.49-0.820.88-0.90.88
0.50.790.91-0.720.640.490.820.820.950.980.580.97-0.580.820.780.520.990.980.950.580.59-0.740.8-0.830.81
0.640.820.98-0.880.580.550.940.830.960.990.370.99-0.70.810.840.650.950.990.950.620.38-0.890.93-0.930.91
0.20.170.58-0.530.110.860.590.930.560.630.080.64-0.830.870.760.520.540.620.580.620.01-0.470.44-0.440.33
-0.110.440.31-0.030.750.020.130.240.340.460.980.440.210.260.15-0.190.650.490.590.380.01-0.010.19-0.210.24
-0.86-0.83-0.940.98-0.3-0.37-0.97-0.64-0.86-0.830.02-0.840.75-0.64-0.81-0.69-0.73-0.82-0.74-0.89-0.47-0.01-0.950.92-0.92
0.690.80.94-0.90.570.480.930.630.870.890.120.9-0.60.570.690.670.80.880.80.930.440.19-0.95-0.990.98
-0.64-0.77-0.910.84-0.61-0.51-0.9-0.65-0.91-0.91-0.14-0.920.57-0.58-0.65-0.7-0.81-0.9-0.83-0.93-0.44-0.210.92-0.99-0.99
0.690.830.91-0.850.60.380.90.570.90.890.170.89-0.510.520.630.650.810.880.810.910.330.24-0.920.98-0.99
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Clean Air Account Relationship Matchups

Clean Air fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab394.7K230.8K393.9K240.7K3.3M3.5M
Total Current Liabilities693.1K1.9M3.0M623.7K3.5M3.7M
Net Tangible Assets1.3M23.2M31.0M38.9M44.7M46.9M
Retained Earnings(75.5M)(76.7M)(78.9M)(83.7M)(87.1M)(91.4M)
Accounts Payable47.1K230.8K855.4K368.6K51.5K48.9K
Net Receivables67.5K561.9K469.1K5.2M120.8K114.8K
Other Stockholder Equity234.7K6.7M9.1M14.0M16.1M17.0M
Total Current Assets2.0M7.6M1.3M12.3M6.7M4.2M
Common Stock73.6M93.3M100.8M108.5M124.8M92.8M
Total Assets2.0M27.1M35.1M42.3M39.2M26.8M
Short Long Term Debt Total251.3K3.7M2.6M26.5K30.4K28.9K
Total Stockholder Equity1.3M23.2M31.0M38.9M35.7M24.0M
Net Debt(1.3M)(3.0M)2.0M(6.8M)(6.2M)(5.9M)
Cash1.5M6.7M542.6K6.9M5.9M4.1M
Cash And Short Term Investments1.5M6.7M542.6K6.9M7.9M8.3M
Common Stock Shares Outstanding23.6M106.5M131.7M219.6M224.0M152.5M
Liabilities And Stockholders Equity2.0M27.1M35.1M42.3M48.6M51.1M
Total Liab693.1K3.9M4.0M3.4M3.5M2.9M
Net Invested Capital1.5M26.9M33.6M38.9M35.7M25.2M
Accumulated Other Comprehensive Income2.9M6.7M9.1M14.0M16.1M17.0M
Capital Stock73.6M93.3M100.8M108.5M108.7M102.1M
Net Working Capital1.3M5.7M(1.6M)11.7M3.2M3.8M
Short Term Debt251.3K1.7M1.7M14.3K16.5K15.7K

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