Clearway Ptb Ratio vs Dividend Yield Analysis

CWEN-A Stock  USD 27.76  0.17  0.61%   
Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy is a good investment. Please check the relationship between Clearway Energy Ptb Ratio and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway 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.

Ptb Ratio vs Dividend Yield

Ptb Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Ptb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Clearway Energy's Ptb Ratio and Dividend Yield is -0.11. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Clearway Energy, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Ptb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Clearway Energy are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Ptb Ratio i.e., Clearway Energy's Ptb Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Dividend Yield

Dividend Yield is Clearway Energy dividend as a percentage of Clearway Energy stock price. Clearway Energy dividend yield is a measure of Clearway Energy stock productivity, which can be interpreted as interest rate earned on an Clearway Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Clearway Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearway 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 Clearway 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.
At present, Clearway Energy's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 23.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense312M232M337M245.9M
Depreciation And Amortization664M701M727M387.2M

Clearway Energy fundamental ratios Correlations

0.90.890.50.620.860.90.960.890.320.370.610.90.490.610.540.870.870.70.760.880.810.750.530.82-0.52
0.90.990.580.630.951.00.90.980.340.430.731.00.710.730.610.990.960.720.870.990.820.840.510.96-0.77
0.890.990.530.670.960.980.91.00.230.390.690.990.730.690.550.990.960.690.921.00.780.790.570.94-0.8
0.50.580.530.510.380.560.620.540.180.560.240.550.230.240.290.540.350.90.330.570.450.680.220.66-0.28
0.620.630.670.510.560.610.680.69-0.060.510.170.630.450.170.290.570.540.670.580.670.50.530.950.59-0.46
0.860.950.960.380.560.940.820.950.280.320.710.960.670.710.50.950.970.560.920.950.750.720.50.89-0.8
0.91.00.980.560.610.940.90.980.350.460.721.00.730.720.620.980.950.710.850.980.830.830.490.95-0.75
0.960.90.90.620.680.820.90.90.280.350.610.90.530.610.50.880.830.770.760.90.780.780.560.86-0.51
0.890.981.00.540.690.950.980.90.20.410.650.990.740.650.540.980.960.70.921.00.780.780.590.93-0.8
0.320.340.230.18-0.060.280.350.280.20.080.590.320.00.590.680.290.30.320.050.250.60.62-0.110.42-0.09
0.370.430.390.560.510.320.460.350.410.08-0.010.420.43-0.010.370.350.260.610.130.40.460.450.320.38-0.17
0.610.730.690.240.170.710.720.610.650.59-0.010.720.411.00.480.740.750.350.570.690.590.680.140.77-0.56
0.91.00.990.550.630.961.00.90.990.320.420.720.730.720.60.990.970.70.880.990.810.820.520.95-0.78
0.490.710.730.230.450.670.730.530.740.00.430.410.730.410.490.720.710.370.710.720.550.50.410.62-0.71
0.610.730.690.240.170.710.720.610.650.59-0.011.00.720.410.480.740.750.350.570.690.590.680.140.77-0.56
0.540.610.550.290.290.50.620.50.540.680.370.480.60.490.480.570.590.580.440.560.910.820.230.54-0.51
0.870.990.990.540.570.950.980.880.980.290.350.740.990.720.740.570.970.680.910.990.790.810.450.95-0.81
0.870.960.960.350.540.970.950.830.960.30.260.750.970.710.750.590.970.540.930.960.780.740.50.88-0.84
0.70.720.690.90.670.560.710.770.70.320.610.350.70.370.350.580.680.540.50.720.740.870.420.75-0.41
0.760.870.920.330.580.920.850.760.920.050.130.570.880.710.570.440.910.930.50.910.640.620.550.8-0.89
0.880.991.00.570.670.950.980.91.00.250.40.690.990.720.690.560.990.960.720.910.790.810.560.95-0.8
0.810.820.780.450.50.750.830.780.780.60.460.590.810.550.590.910.790.780.740.640.790.920.40.75-0.58
0.750.840.790.680.530.720.830.780.780.620.450.680.820.50.680.820.810.740.870.620.810.920.360.86-0.6
0.530.510.570.220.950.50.490.560.59-0.110.320.140.520.410.140.230.450.50.420.550.560.40.360.44-0.43
0.820.960.940.660.590.890.950.860.930.420.380.770.950.620.770.540.950.880.750.80.950.750.860.44-0.71
-0.52-0.77-0.8-0.28-0.46-0.8-0.75-0.51-0.8-0.09-0.17-0.56-0.78-0.71-0.56-0.51-0.81-0.84-0.41-0.89-0.8-0.58-0.6-0.43-0.71
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Clearway Energy Account Relationship Matchups

Clearway Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding104M109M116M117M134.6M98.9M
Total Assets9.7B10.6B12.8B12.3B14.7B9.0B
Short Long Term Debt Total7.0B7.3B8.3B7.4B8.7B5.8B
Other Current Liab16M161M678M240M187M124.4M
Total Current Liabilities2.1B634M1.6B617M906M765.6M
Total Stockholder Equity1.8B1.8B1.8B2.2B2.1B1.7B
Property Plant And Equipment Net6.3B7.6B8.2B7.9B10.1B5.9B
Current Deferred Revenue112M123M138M119M136M98.3M
Net Debt6.9B7.0B8.1B6.7B8.1B5.5B
Retained Earnings(72M)(84M)(33M)463M361M379.1M
Accounts Payable105M89M181M55M161M105.5M
Cash155M268M179M657M535M276.3M
Non Current Assets Total9.1B9.9B11.3B11.0B13.1B8.2B
Non Currrent Assets Other103M115M107M40M157M95.7M
Cash And Short Term Investments155M268M179M657M535M276.3M
Net Receivables118M143M144M153M345M362.3M
Liabilities And Stockholders Equity9.7B10.6B12.8B12.3B14.7B9.0B
Non Current Liabilities Total5.4B7.2B7.9B7.7B8.8B5.5B
Other Current Assets295M313M1.2B419M625M656.3M
Other Stockholder Equity1.9B1.9B1.9B1.8B1.7B1.6B
Total Liab7.4B7.9B9.5B8.3B9.7B6.3B
Property Plant And Equipment Gross6.3B7.6B8.2B7.9B13.6B14.3B
Total Current Assets608M708M1.5B1.3B1.6B1.6B
Short Term Debt1.8B384M772M322M558M481.0M
Intangible Assets1.4B1.4B2.5B2.6B2.4B1.4B
Net Tangible Assets422M1.8B(665M)2.2B2.6B2.7B
Long Term Debt5.0B6.6B6.9B6.5B7.5B6.0B
Non Current Liabilities Other121M523M173M201M287M172.7M
Property Plant Equipment6.3B7.2B8.2B7.4B8.5B6.1B
Other Liab130M217M382M623M716.5M752.3M
Other Assets195M218M202M70M63M59.9M
Long Term Investments1.2B741M381M364M360M561.0M

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Other Information on Investing in Clearway Stock

Balance Sheet is a snapshot of the financial position of Clearway Energy at a specified time, usually calculated after every quarter, six months, or one year. Clearway Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clearway Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clearway currently owns. An asset can also be divided into two categories, current and non-current.