Cleanaway Cash vs Net Receivables Analysis

CWY Stock

2.82 0.02 0.70%

Cleanaway Waste financial indicator trend analysis is way more than just evaluating Cleanaway Waste Mana prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cleanaway Waste Mana is a good investment. Please check the relationship between Cleanaway Waste Cash and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleanaway Waste Management. 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.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cleanaway Waste Mana Cash account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Cleanaway Waste's Cash and Net Receivables is 0.36. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Cleanaway Waste Management, assuming nothing else is changed. The correlation between historical values of Cleanaway Waste's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Cleanaway Waste Management are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Cleanaway Waste's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Cleanaway Waste Mana, which is listed under current asset account on Cleanaway Waste Management balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cleanaway Waste customers. The amounts must be unrestricted with restricted cash listed in a different Cleanaway Waste account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Cleanaway Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cleanaway Waste Mana 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 Cleanaway Waste Management. 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.

Selling General Administrative is likely to gain to about 1.4 B in 2024, whereas Discontinued Operations is likely to drop slightly above 7 M in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	204.1M	154.7M	341.5M	182.2M
Total Revenue	3.0B	3.5B	3.7B	1.9B

Operating Income Total Revenue

Cleanaway Waste fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding
Total Assets		0.85	0.93	0.94	0.08	0.94	0.4	-0.3	0.81	0.98	0.97	-0.02	0.5	0.97	0.68	0.92	0.82	0.63	0.89	0.98	0.24	0.87	0.99	0.29	0.9	0.91
Other Current Liab	0.85		0.89	0.72	0.16	0.85	0.39	-0.46	0.78	0.86	0.83	0.02	0.42	0.88	0.63	0.67	0.96	0.81	0.82	0.87	0.25	0.81	0.89	0.27	0.66	0.75
Total Current Liabilities	0.93	0.89		0.79	0.18	0.97	0.37	-0.48	0.85	0.93	0.92	0.19	0.38	0.96	0.6	0.74	0.84	0.59	0.95	0.93	0.38	0.93	0.93	0.28	0.72	0.74
Total Stockholder Equity	0.94	0.72	0.79		-0.1	0.79	0.5	-0.04	0.66	0.91	0.94	-0.08	0.55	0.82	0.55	0.99	0.7	0.52	0.71	0.86	0.18	0.68	0.91	0.37	0.98	0.88
Retained Earnings	0.08	0.16	0.18	-0.1		0.13	-0.2	-0.73	0.21	0.14	-0.03	-0.15	-0.52	0.22	0.42	-0.18	0.23	0.13	0.3	0.22	0.04	0.31	0.15	-0.1	-0.18	0.2
Accounts Payable	0.94	0.85	0.97	0.79	0.13		0.29	-0.48	0.9	0.94	0.93	0.19	0.41	0.97	0.62	0.76	0.81	0.57	0.96	0.94	0.4	0.95	0.94	0.21	0.72	0.78
Cash	0.4	0.39	0.37	0.5	-0.2	0.29		0.31	0.1	0.36	0.41	0.02	0.23	0.29	0.1	0.44	0.37	0.25	0.2	0.38	0.09	0.13	0.36	0.98	0.42	0.32
Other Assets	-0.3	-0.46	-0.48	-0.04	-0.73	-0.48	0.31		-0.47	-0.39	-0.25	-0.11	0.24	-0.48	-0.41	0.02	-0.49	-0.37	-0.59	-0.42	-0.32	-0.62	-0.38	0.28	0.05	-0.29
Long Term Debt	0.81	0.78	0.85	0.66	0.21	0.9	0.1	-0.47		0.81	0.84	0.33	0.32	0.87	0.61	0.6	0.72	0.41	0.92	0.8	0.51	0.93	0.83	0.01	0.6	0.63
Net Receivables	0.98	0.86	0.93	0.91	0.14	0.94	0.36	-0.39	0.81		0.96	-0.05	0.5	0.96	0.67	0.89	0.81	0.65	0.89	0.96	0.24	0.87	0.98	0.25	0.86	0.91
Good Will	0.97	0.83	0.92	0.94	-0.03	0.93	0.41	-0.25	0.84	0.96		0.15	0.49	0.92	0.58	0.91	0.78	0.52	0.87	0.91	0.39	0.86	0.96	0.28	0.9	0.83
Inventory	-0.02	0.02	0.19	-0.08	-0.15	0.19	0.02	-0.11	0.33	-0.05	0.15		-0.31	0.03	-0.3	-0.16	-0.04	-0.47	0.28	-0.08	0.87	0.28	-0.02	0.02	-0.15	-0.34
Other Current Assets	0.5	0.42	0.38	0.55	-0.52	0.41	0.23	0.24	0.32	0.5	0.49	-0.31		0.42	0.14	0.62	0.34	0.55	0.22	0.43	-0.33	0.21	0.45	0.1	0.64	0.44
Total Liab	0.97	0.88	0.96	0.82	0.22	0.97	0.29	-0.48	0.87	0.96	0.92	0.03	0.42		0.73	0.79	0.86	0.66	0.95	0.98	0.26	0.95	0.98	0.2	0.76	0.86
Intangible Assets	0.68	0.63	0.6	0.55	0.42	0.62	0.1	-0.41	0.61	0.67	0.58	-0.3	0.14	0.73		0.53	0.63	0.53	0.66	0.73	0.04	0.66	0.72	0.05	0.47	0.71
Common Stock	0.92	0.67	0.74	0.99	-0.18	0.76	0.44	0.02	0.6	0.89	0.91	-0.16	0.62	0.79	0.53		0.66	0.54	0.65	0.84	0.08	0.63	0.88	0.3	0.99	0.88
Property Plant Equipment	0.82	0.96	0.84	0.7	0.23	0.81	0.37	-0.49	0.72	0.81	0.78	-0.04	0.34	0.86	0.63	0.66		0.84	0.79	0.87	0.19	0.78	0.88	0.25	0.65	0.79
Other Liab	0.63	0.81	0.59	0.52	0.13	0.57	0.25	-0.37	0.41	0.65	0.52	-0.47	0.55	0.66	0.53	0.54	0.84		0.48	0.71	-0.29	0.48	0.68	0.14	0.53	0.73
Short Long Term Debt Total	0.89	0.82	0.95	0.71	0.3	0.96	0.2	-0.59	0.92	0.89	0.87	0.28	0.22	0.95	0.66	0.65	0.79	0.48		0.9	0.5	1.0	0.91	0.13	0.62	0.72
Property Plant And Equipment Net	0.98	0.87	0.93	0.86	0.22	0.94	0.38	-0.42	0.8	0.96	0.91	-0.08	0.43	0.98	0.73	0.84	0.87	0.71	0.9		0.17	0.89	0.98	0.29	0.81	0.92
Current Deferred Revenue	0.24	0.25	0.38	0.18	0.04	0.4	0.09	-0.32	0.51	0.24	0.39	0.87	-0.33	0.26	0.04	0.08	0.19	-0.29	0.5	0.17		0.5	0.24	0.08	0.05	-0.02
Net Debt	0.87	0.81	0.93	0.68	0.31	0.95	0.13	-0.62	0.93	0.87	0.86	0.28	0.21	0.95	0.66	0.63	0.78	0.48	1.0	0.89	0.5		0.89	0.06	0.6	0.71
Non Current Assets Total	0.99	0.89	0.93	0.91	0.15	0.94	0.36	-0.38	0.83	0.98	0.96	-0.02	0.45	0.98	0.72	0.88	0.88	0.68	0.91	0.98	0.24	0.89		0.24	0.86	0.91
Cash And Short Term Investments	0.29	0.27	0.28	0.37	-0.1	0.21	0.98	0.28	0.01	0.25	0.28	0.02	0.1	0.2	0.05	0.3	0.25	0.14	0.13	0.29	0.08	0.06	0.24		0.28	0.22
Common Stock Total Equity	0.9	0.66	0.72	0.98	-0.18	0.72	0.42	0.05	0.6	0.86	0.9	-0.15	0.64	0.76	0.47	0.99	0.65	0.53	0.62	0.81	0.05	0.6	0.86	0.28		0.86
Common Stock Shares Outstanding	0.91	0.75	0.74	0.88	0.2	0.78	0.32	-0.29	0.63	0.91	0.83	-0.34	0.44	0.86	0.71	0.88	0.79	0.73	0.72	0.92	-0.02	0.71	0.91	0.22	0.86

Click cells to compare fundamentals

Cleanaway Waste Account Relationship Matchups

Cleanaway Waste fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7B	4.8B	5.8B	6.1B	6.4B	3.5B
Other Current Liab	333.5M	325.9M	571.9M	545M	552.4M	580.0M
Total Current Liabilities	532.3M	564M	897.9M	884.7M	999.4M	577.7M
Total Stockholder Equity	2.6B	2.6B	2.6B	2.9B	3.0B	1.8B
Retained Earnings	(142.6M)	(86.9M)	(106.9M)	(194.3M)	(146.8M)	(154.1M)
Accounts Payable	116.2M	148.6M	219M	226.3M	235.7M	122.2M
Cash	79.8M	69.4M	66.5M	102.1M	120.6M	79.5M
Other Assets	85.1M	76.3M	31.5M	20.3M	23.3M	22.2M
Long Term Debt	625.3M	996.4M	1.6B	950.4M	1.1B	797.3M
Net Receivables	352.6M	376.1M	532.7M	551.7M	557.4M	297.7M
Good Will	1.8B	1.9B	2.4B	2.4B	2.4B	1.5B
Inventory	19.4M	22.1M	26.7M	31.2M	58.2M	56.7M
Other Current Assets	18.6M	24.9M	47.0M	29.7M	40.2M	25.3M
Total Liab	2.1B	2.2B	3.2B	3.1B	3.4B	1.7B
Intangible Assets	2.3B	2.3B	3.1B	3.1B	626.2M	1.1B
Common Stock	2.7B	2.7B	2.7B	3.1B	3.1B	1.8B
Property Plant Equipment	1.6B	1.7B	2.0B	2.2B	2.5B	2.6B
Other Liab	423.6M	423.3M	696.8M	706.4M	812.4M	853.0M
Short Long Term Debt Total	1.1B	1.1B	1.7B	1.6B	1.7B	905.2M
Property Plant And Equipment Net	1.6B	1.7B	2.0B	2.2B	2.4B	1.3B
Current Deferred Revenue	6.5M	5.7M	6.4M	11.8M	6.2M	9.5M
Net Debt	985.6M	1.0B	1.6B	1.5B	1.6B	837.5M
Non Current Assets Total	4.2B	4.3B	5.2B	5.4B	5.6B	3.6B
Cash And Short Term Investments	79.8M	69.4M	66.5M	102.1M	120.6M	69.4M
Common Stock Shares Outstanding	2.1B	2.1B	2.1B	2.2B	2.2B	1.8B
Liabilities And Stockholders Equity	4.7B	4.8B	5.8B	6.1B	6.4B	4.2B
Non Current Liabilities Total	1.6B	1.6B	2.3B	2.2B	2.4B	1.2B
Property Plant And Equipment Gross	1.6B	3.6B	4.1B	4.6B	5.0B	5.2B
Total Current Assets	470.4M	492.5M	655.5M	714.7M	776.4M	557.1M
Accumulated Other Comprehensive Income	23.9M	25.1M	31.6M	34M	37.4M	28.6M
Short Term Debt	63.1M	78.4M	102.1M	94.7M	111M	153.0M
Non Currrent Assets Other	(1.8B)	(1.8B)	(2.4B)	(2.4B)	1.6M	1.7M
Other Stockholder Equity	(2.5B)	(2.6B)	(2.6B)	(2.9B)	(2.6B)	(2.5B)
Net Tangible Assets	275.4M	313.5M	(449M)	(131M)	(117.9M)	(112.0M)
Long Term Investments	34.5M	41.6M	52.2M	7.8M	52.6M	55.2M
Short Long Term Debt	13.5M	17.1M	69.6M	76.9M	88.4M	92.9M
Long Term Debt Total	995.8M	996.4M	1.6B	1.5B	1.7B	915.8M

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