Clean Other Stockholder Equity vs Other Current Liab 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 Other Stockholder Equity and its Other Current Liab 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.
Other Stockholder Equity vs Other Current Liab
Other Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Air Metals Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Clean Air's Other Stockholder Equity and Other Current Liab is 0.8. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab 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 Other Stockholder Equity and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Clean Air Metals are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., Clean Air's Other Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Other Current Liab
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
Click cells to compare fundamentals
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 |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Clean Stock Analysis
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.