Carnegie Current Deferred Revenue vs Common Stock Total Equity Analysis

CCE Stock   0.04  0  2.63%   
Carnegie Clean financial indicator trend analysis is way more than just evaluating Carnegie Clean Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carnegie Clean Energy is a good investment. Please check the relationship between Carnegie Clean Current Deferred Revenue and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnegie Clean Energy. 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.

Current Deferred Revenue vs Common Stock Total Equity

Current Deferred Revenue vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carnegie Clean Energy Current Deferred Revenue account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Carnegie Clean's Current Deferred Revenue and Common Stock Total Equity is -0.06. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Carnegie Clean Energy, assuming nothing else is changed. The correlation between historical values of Carnegie Clean's Current Deferred Revenue and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Carnegie Clean Energy are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Current Deferred Revenue i.e., Carnegie Clean's Current Deferred Revenue and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Carnegie Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carnegie Clean Energy 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 Carnegie Clean Energy. 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.
Discontinued Operations is likely to gain to about 446 K in 2024, whereas Selling General Administrative is likely to drop slightly above 212.3 K in 2024.

Carnegie Clean fundamental ratios Correlations

0.480.350.990.13-0.660.590.890.97-0.950.860.17-0.130.16-0.370.560.570.040.830.38-0.110.420.620.58-0.270.69
0.480.870.410.24-0.10.110.510.42-0.50.460.160.11-0.21-0.160.420.770.180.520.720.130.390.560.73-0.820.42
0.350.870.240.60.13-0.060.40.3-0.370.360.250.21-0.24-0.010.320.910.530.490.620.230.660.720.89-0.680.54
0.990.410.240.03-0.710.620.870.97-0.930.850.14-0.160.22-0.390.540.46-0.060.790.33-0.150.330.540.49-0.20.62
0.130.240.60.030.23-0.210.20.12-0.170.20.50.28-0.30.210.120.730.990.42-0.120.290.910.760.66-0.050.71
-0.66-0.10.13-0.710.23-0.5-0.82-0.570.46-0.83-0.040.16-0.470.45-0.240.010.26-0.670.130.180.0-0.1-0.01-0.26-0.15
0.590.11-0.060.62-0.21-0.50.490.58-0.60.430.0-0.860.26-0.410.520.11-0.320.360.18-0.870.050.210.17-0.040.31
0.890.510.40.870.2-0.820.490.79-0.740.990.22-0.070.18-0.390.440.560.130.940.23-0.070.460.60.57-0.150.61
0.970.420.30.970.12-0.570.580.79-0.960.750.16-0.130.23-0.370.580.510.030.740.35-0.120.360.620.56-0.220.65
-0.95-0.5-0.37-0.93-0.170.46-0.6-0.74-0.96-0.71-0.280.2-0.070.27-0.52-0.6-0.08-0.73-0.430.17-0.42-0.67-0.630.35-0.72
0.860.460.360.850.2-0.830.430.990.75-0.710.24-0.020.16-0.270.370.520.140.950.17-0.010.440.570.52-0.10.58
0.170.160.250.140.5-0.040.00.220.16-0.280.240.04-0.210.18-0.310.350.520.49-0.210.10.410.560.280.030.36
-0.130.110.21-0.160.280.16-0.86-0.07-0.130.2-0.020.04-0.190.14-0.250.120.360.03-0.060.990.120.070.05-0.06-0.01
0.16-0.21-0.240.22-0.3-0.470.260.180.23-0.070.16-0.21-0.19-0.210.07-0.32-0.320.02-0.23-0.2-0.24-0.24-0.20.52-0.33
-0.37-0.16-0.01-0.390.210.45-0.41-0.39-0.370.27-0.270.180.14-0.21-0.43-0.030.26-0.2-0.120.250.04-0.06-0.020.03-0.07
0.560.420.320.540.12-0.240.520.440.58-0.520.37-0.31-0.250.07-0.430.430.040.330.31-0.310.330.430.43-0.360.48
0.570.770.910.460.730.010.110.560.51-0.60.520.350.12-0.32-0.030.430.650.660.520.150.850.890.96-0.60.83
0.040.180.53-0.060.990.26-0.320.130.03-0.080.140.520.36-0.320.260.040.650.36-0.220.370.860.70.560.010.64
0.830.520.490.790.42-0.670.360.940.74-0.730.950.490.030.02-0.20.330.660.360.140.050.590.770.64-0.150.7
0.380.720.620.33-0.120.130.180.230.35-0.430.17-0.21-0.06-0.23-0.120.310.52-0.220.14-0.030.070.250.58-0.860.23
-0.110.130.23-0.150.290.18-0.87-0.07-0.120.17-0.010.10.99-0.20.25-0.310.150.370.05-0.030.140.090.09-0.080.01
0.420.390.660.330.910.00.050.460.36-0.420.440.410.12-0.240.040.330.850.860.590.070.140.810.77-0.190.88
0.620.560.720.540.76-0.10.210.60.62-0.670.570.560.07-0.24-0.060.430.890.70.770.250.090.810.85-0.350.85
0.580.730.890.490.66-0.010.170.570.56-0.630.520.280.05-0.2-0.020.430.960.560.640.580.090.770.85-0.570.78
-0.27-0.82-0.68-0.2-0.05-0.26-0.04-0.15-0.220.35-0.10.03-0.060.520.03-0.36-0.60.01-0.15-0.86-0.08-0.19-0.35-0.57-0.32
0.690.420.540.620.71-0.150.310.610.65-0.720.580.36-0.01-0.33-0.070.480.830.640.70.230.010.880.850.78-0.32
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Carnegie Clean Account Relationship Matchups

Carnegie Clean fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.2M22.0M21.5M22.5M22.4M36.0M
Other Current Liab129.0K266.8K339.4K567.2K744.8K898.5K
Total Current Liabilities3.2M476.7K629.9K1.2M1.3M2.1M
Total Stockholder Equity17.9M21.4M20.7M21.2M21.1M32.9M
Property Plant And Equipment Net2.5M2.1M2.3M2.4M2.1M2.3M
Net Debt538.8K(1.6M)(927.4K)(693.0K)(3.7M)(3.9M)
Retained Earnings(186.2M)(187.2M)(189.1M)(188.7M)(191.0M)(181.5M)
Cash2.4M1.6M1.1M803.9K3.7M4.1M
Non Current Assets Total17.6M17.0M17.3M17.3M18.5M29.0M
Non Currrent Assets Other542.3K(16.4M)539.7K(16.7M)887.4K931.7K
Cash And Short Term Investments3.4M3.6M4.1M2.0M3.7M4.4M
Net Receivables169.8K1.4M137.9K3.1M127.1K120.8K
Common Stock Shares Outstanding169.0M246.6M300.2M309.5M313.6M556.7M
Liabilities And Stockholders Equity21.2M22.0M21.5M22.5M22.4M36.0M
Other Stockholder Equity900.3K(17.0M)(20.5M)1.0(20.3M)1.05
Total Liab3.3M544.9K785.9K1.3M1.3M1.2M
Property Plant And Equipment Gross2.5M3.1M3.4M3.8M3.8M2.5M
Total Current Assets3.6M5.0M4.2M5.2M3.9M5.6M
Accumulated Other Comprehensive Income887.8K963.0K1.6M899.5K979.5K930.5K
Short Term Debt2.9M47.2K69.4K73.2K34.2K32.5K
Common Stock203.2M207.7M208.3M209.1M211.2M221.7M
Accounts Payable210.6K162.8K221.1K559.0K481.1K457.1K
Other Current Assets32.2K42.8K791.063.8K85.2K81.0K
Short Long Term Debt Total3.0M47.2K167.6K110.9K34.2K32.5K
Current Deferred Revenue1.0(47.2K)(255.0K)(73.2K)(84.2K)(88.4K)
Non Current Liabilities Total100.4K68.2K156.0K64.5K39.2K37.2K
Property Plant Equipment2.5M2.1M2.3M2.4M2.7M2.1M
Other Assets542.3K539.3K1.0555.0K499.5K474.5K
Other Liab51.8K68.2K57.7K26.8K24.1K22.9K
Intangible Assets14.6M14.3M14.5M14.3M15.5M14.7M
Net Tangible Assets3.3M7.2M6.3M6.9M6.2M5.2M
Net Invested Capital20.7M21.4M20.7M21.2M21.1M31.1M
Net Working Capital340.0K4.6M3.6M4.0M2.7M2.5M

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