Cleanaway Cash vs Other Liab 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 Other Liab 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 Other Liab

Cash vs Other Liab 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 Other Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cleanaway Waste's Cash and Other Liab is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Liab 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 Other Liab 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 Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Cash i.e., Cleanaway Waste's Cash and Other Liab go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Other Liab

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 Income204.1M154.7M341.5M182.2M
Total Revenue3.0B3.5B3.7B1.9B

Cleanaway Waste fundamental ratios Correlations

0.850.930.940.080.940.4-0.30.810.980.97-0.020.50.970.680.920.820.630.890.980.240.870.990.290.90.91
0.850.890.720.160.850.39-0.460.780.860.830.020.420.880.630.670.960.810.820.870.250.810.890.270.660.75
0.930.890.790.180.970.37-0.480.850.930.920.190.380.960.60.740.840.590.950.930.380.930.930.280.720.74
0.940.720.79-0.10.790.5-0.040.660.910.94-0.080.550.820.550.990.70.520.710.860.180.680.910.370.980.88
0.080.160.18-0.10.13-0.2-0.730.210.14-0.03-0.15-0.520.220.42-0.180.230.130.30.220.040.310.15-0.1-0.180.2
0.940.850.970.790.130.29-0.480.90.940.930.190.410.970.620.760.810.570.960.940.40.950.940.210.720.78
0.40.390.370.5-0.20.290.310.10.360.410.020.230.290.10.440.370.250.20.380.090.130.360.980.420.32
-0.3-0.46-0.48-0.04-0.73-0.480.31-0.47-0.39-0.25-0.110.24-0.48-0.410.02-0.49-0.37-0.59-0.42-0.32-0.62-0.380.280.05-0.29
0.810.780.850.660.210.90.1-0.470.810.840.330.320.870.610.60.720.410.920.80.510.930.830.010.60.63
0.980.860.930.910.140.940.36-0.390.810.96-0.050.50.960.670.890.810.650.890.960.240.870.980.250.860.91
0.970.830.920.94-0.030.930.41-0.250.840.960.150.490.920.580.910.780.520.870.910.390.860.960.280.90.83
-0.020.020.19-0.08-0.150.190.02-0.110.33-0.050.15-0.310.03-0.3-0.16-0.04-0.470.28-0.080.870.28-0.020.02-0.15-0.34
0.50.420.380.55-0.520.410.230.240.320.50.49-0.310.420.140.620.340.550.220.43-0.330.210.450.10.640.44
0.970.880.960.820.220.970.29-0.480.870.960.920.030.420.730.790.860.660.950.980.260.950.980.20.760.86
0.680.630.60.550.420.620.1-0.410.610.670.58-0.30.140.730.530.630.530.660.730.040.660.720.050.470.71
0.920.670.740.99-0.180.760.440.020.60.890.91-0.160.620.790.530.660.540.650.840.080.630.880.30.990.88
0.820.960.840.70.230.810.37-0.490.720.810.78-0.040.340.860.630.660.840.790.870.190.780.880.250.650.79
0.630.810.590.520.130.570.25-0.370.410.650.52-0.470.550.660.530.540.840.480.71-0.290.480.680.140.530.73
0.890.820.950.710.30.960.2-0.590.920.890.870.280.220.950.660.650.790.480.90.51.00.910.130.620.72
0.980.870.930.860.220.940.38-0.420.80.960.91-0.080.430.980.730.840.870.710.90.170.890.980.290.810.92
0.240.250.380.180.040.40.09-0.320.510.240.390.87-0.330.260.040.080.19-0.290.50.170.50.240.080.05-0.02
0.870.810.930.680.310.950.13-0.620.930.870.860.280.210.950.660.630.780.481.00.890.50.890.060.60.71
0.990.890.930.910.150.940.36-0.380.830.980.96-0.020.450.980.720.880.880.680.910.980.240.890.240.860.91
0.290.270.280.37-0.10.210.980.280.010.250.280.020.10.20.050.30.250.140.130.290.080.060.240.280.22
0.90.660.720.98-0.180.720.420.050.60.860.9-0.150.640.760.470.990.650.530.620.810.050.60.860.280.86
0.910.750.740.880.20.780.32-0.290.630.910.83-0.340.440.860.710.880.790.730.720.92-0.020.710.910.220.86
Click cells to compare fundamentals

Cleanaway Waste Account Relationship Matchups

Cleanaway Waste fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.8B5.8B6.1B6.4B3.5B
Other Current Liab333.5M325.9M571.9M545M552.4M580.0M
Total Current Liabilities532.3M564M897.9M884.7M999.4M577.7M
Total Stockholder Equity2.6B2.6B2.6B2.9B3.0B1.8B
Retained Earnings(142.6M)(86.9M)(106.9M)(194.3M)(146.8M)(154.1M)
Accounts Payable116.2M148.6M219M226.3M235.7M122.2M
Cash79.8M69.4M66.5M102.1M120.6M79.5M
Other Assets85.1M76.3M31.5M20.3M23.3M22.2M
Long Term Debt625.3M996.4M1.6B950.4M1.1B797.3M
Net Receivables352.6M376.1M532.7M551.7M557.4M297.7M
Good Will1.8B1.9B2.4B2.4B2.4B1.5B
Inventory19.4M22.1M26.7M31.2M58.2M56.7M
Other Current Assets18.6M24.9M47.0M29.7M40.2M25.3M
Total Liab2.1B2.2B3.2B3.1B3.4B1.7B
Intangible Assets2.3B2.3B3.1B3.1B626.2M1.1B
Common Stock2.7B2.7B2.7B3.1B3.1B1.8B
Property Plant Equipment1.6B1.7B2.0B2.2B2.5B2.6B
Other Liab423.6M423.3M696.8M706.4M812.4M853.0M
Short Long Term Debt Total1.1B1.1B1.7B1.6B1.7B905.2M
Property Plant And Equipment Net1.6B1.7B2.0B2.2B2.4B1.3B
Current Deferred Revenue6.5M5.7M6.4M11.8M6.2M9.5M
Net Debt985.6M1.0B1.6B1.5B1.6B837.5M
Non Current Assets Total4.2B4.3B5.2B5.4B5.6B3.6B
Cash And Short Term Investments79.8M69.4M66.5M102.1M120.6M69.4M
Common Stock Shares Outstanding2.1B2.1B2.1B2.2B2.2B1.8B
Liabilities And Stockholders Equity4.7B4.8B5.8B6.1B6.4B4.2B
Non Current Liabilities Total1.6B1.6B2.3B2.2B2.4B1.2B
Property Plant And Equipment Gross1.6B3.6B4.1B4.6B5.0B5.2B
Total Current Assets470.4M492.5M655.5M714.7M776.4M557.1M
Accumulated Other Comprehensive Income23.9M25.1M31.6M34M37.4M28.6M
Short Term Debt63.1M78.4M102.1M94.7M111M153.0M
Non Currrent Assets Other(1.8B)(1.8B)(2.4B)(2.4B)1.6M1.7M
Other Stockholder Equity(2.5B)(2.6B)(2.6B)(2.9B)(2.6B)(2.5B)
Net Tangible Assets275.4M313.5M(449M)(131M)(117.9M)(112.0M)
Long Term Investments34.5M41.6M52.2M7.8M52.6M55.2M
Short Long Term Debt13.5M17.1M69.6M76.9M88.4M92.9M
Long Term Debt Total995.8M996.4M1.6B1.5B1.7B915.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cleanaway Stock Analysis

When running Cleanaway Waste's price analysis, check to measure Cleanaway Waste's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cleanaway Waste is operating at the current time. Most of Cleanaway Waste's value examination focuses on studying past and present price action to predict the probability of Cleanaway Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleanaway Waste's price. Additionally, you may evaluate how the addition of Cleanaway Waste to your portfolios can decrease your overall portfolio volatility.