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 DirectionPositive 
Relationship StrengthStrong

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

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
Click cells to compare fundamentals

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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