Clean Total Stockholder Equity vs Property Plant Equipment 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 Total Stockholder Equity and its Property Plant Equipment 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.
Total Stockholder Equity vs Property Plant Equipment
Total Stockholder Equity vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clean Air Metals Total Stockholder Equity account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Clean Air's Total Stockholder Equity and Property Plant Equipment is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant Equipment 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 Total Stockholder Equity and Property Plant Equipment 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 Stockholder Equity of Clean Air Metals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Stockholder Equity i.e., Clean Air's Total Stockholder Equity and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant Equipment
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
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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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