Clear Net Invested Capital vs Net Working Capital Analysis

YOU Stock

USD 27.79 0.44 1.61%

Clear Secure financial indicator trend analysis is way more than just evaluating Clear Secure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clear Secure is a good investment. Please check the relationship between Clear Secure Net Invested Capital and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clear Secure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clear Secure Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Clear Secure's Net Invested Capital and Net Working Capital is 0.98. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Clear Secure, assuming nothing else is changed. The correlation between historical values of Clear Secure's Net Invested Capital and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Clear Secure are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Clear Secure's Net Invested Capital and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Working Capital

Most indicators from Clear Secure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clear Secure 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clear Secure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.At this time, Clear Secure's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.58 in 2024, whereas Tax Provision is likely to drop (876.8 K) in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	12.4M	22.6M	21.6M	16.1M
Interest Income	349K	6.6M	7.6M	8.0M

Depreciation And Amortization Interest Income

Clear Secure fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.94	0.94	0.92	-0.97	0.96	0.92	0.95	0.75	0.89	0.76	-0.63	0.98	-0.26	0.88	1.0	0.22	-0.97	-0.95	0.99	0.87	0.96	0.94	0.9	0.94	0.92
Other Current Liab	0.94		0.99	0.74	-0.87	0.88	0.94	0.98	0.83	0.74	0.92	-0.76	0.95	-0.48	0.84	0.92	0.03	-0.87	-0.86	0.96	0.88	0.99	0.97	0.88	0.98	0.74
Total Current Liabilities	0.94	0.99		0.76	-0.87	0.89	0.95	1.0	0.83	0.78	0.87	-0.74	0.95	-0.5	0.9	0.93	-0.03	-0.87	-0.83	0.96	0.9	0.99	0.92	0.82	1.0	0.76
Total Stockholder Equity	0.92	0.74	0.76		-0.95	0.93	0.74	0.78	0.52	0.95	0.51	-0.35	0.86	-0.02	0.83	0.94	0.44	-0.95	-0.93	0.86	0.71	0.77	0.78	0.78	0.76	1.0
Other Liab	-0.97	-0.87	-0.87	-0.95		-1.0	-0.81	-0.88	-0.68	-0.96	-0.73	0.49	-0.92	0.29	-0.87	-0.98	-0.32	1.0	0.98	-0.92	-0.83	-0.88	-0.9	-0.89	-0.86	-0.95
Net Tangible Assets	0.96	0.88	0.89	0.93	-1.0		0.84	0.9	0.72	0.95	0.74	-0.53	0.92	-0.36	0.89	0.97	0.23	-0.99	-0.96	0.93	0.87	0.9	0.89	0.87	0.88	0.93
Property Plant And Equipment Net	0.92	0.94	0.95	0.74	-0.81	0.84		0.95	0.92	0.68	0.74	-0.87	0.97	-0.37	0.78	0.88	-0.15	-0.81	-0.79	0.97	0.94	0.97	0.88	0.81	0.98	0.74
Current Deferred Revenue	0.95	0.98	1.0	0.78	-0.88	0.9	0.95		0.83	0.79	0.85	-0.74	0.96	-0.48	0.91	0.93	-0.03	-0.88	-0.84	0.97	0.91	0.99	0.91	0.82	1.0	0.78
Net Debt	0.75	0.83	0.83	0.52	-0.68	0.72	0.92	0.83		0.49	0.71	-0.95	0.84	-0.56	0.58	0.7	-0.41	-0.67	-0.66	0.83	0.96	0.86	0.77	0.75	0.86	0.52
Retained Earnings	0.89	0.74	0.78	0.95	-0.96	0.95	0.68	0.79	0.49		0.6	-0.27	0.8	-0.24	0.91	0.92	0.38	-0.96	-0.9	0.81	0.71	0.76	0.75	0.72	0.76	0.95
Accounts Payable	0.76	0.92	0.87	0.51	-0.73	0.74	0.74	0.85	0.71	0.6		-0.63	0.76	-0.67	0.71	0.75	0.02	-0.73	-0.73	0.78	0.74	0.87	0.89	0.8	0.84	0.51
Cash	-0.63	-0.76	-0.74	-0.35	0.49	-0.53	-0.87	-0.74	-0.95	-0.27	-0.63		-0.76	0.45	-0.42	-0.57	0.49	0.49	0.5	-0.74	-0.85	-0.79	-0.69	-0.66	-0.79	-0.35
Non Current Assets Total	0.98	0.95	0.95	0.86	-0.92	0.92	0.97	0.96	0.84	0.8	0.76	-0.76		-0.28	0.83	0.97	0.08	-0.92	-0.91	1.0	0.92	0.98	0.94	0.9	0.96	0.86
Non Currrent Assets Other	-0.26	-0.48	-0.5	-0.02	0.29	-0.36	-0.37	-0.48	-0.56	-0.24	-0.67	0.45	-0.28		-0.42	-0.24	0.54	0.28	0.2	-0.3	-0.54	-0.44	-0.34	-0.24	-0.47	-0.02
Other Assets	0.88	0.84	0.9	0.83	-0.87	0.89	0.78	0.91	0.58	0.91	0.71	-0.42	0.83	-0.42		0.9	0.13	-0.87	-0.78	0.85	0.75	0.84	0.75	0.63	0.88	0.83
Cash And Short Term Investments	1.0	0.92	0.93	0.94	-0.98	0.97	0.88	0.93	0.7	0.92	0.75	-0.57	0.97	-0.24	0.9		0.28	-0.98	-0.96	0.97	0.84	0.94	0.93	0.89	0.92	0.94
Net Receivables	0.22	0.03	-0.03	0.44	-0.32	0.23	-0.15	-0.03	-0.41	0.38	0.02	0.49	0.08	0.54	0.13	0.28		-0.32	-0.4	0.1	-0.23	0.01	0.22	0.28	-0.08	0.44
Common Stock Total Equity	-0.97	-0.87	-0.87	-0.95	1.0	-0.99	-0.81	-0.88	-0.67	-0.96	-0.73	0.49	-0.92	0.28	-0.87	-0.98	-0.32		0.98	-0.92	-0.83	-0.88	-0.9	-0.89	-0.86	-0.95
Common Stock Shares Outstanding	-0.95	-0.86	-0.83	-0.93	0.98	-0.96	-0.79	-0.84	-0.66	-0.9	-0.73	0.5	-0.91	0.2	-0.78	-0.96	-0.4	0.98		-0.91	-0.8	-0.87	-0.93	-0.95	-0.82	-0.93
Short Term Investments	0.99	0.96	0.96	0.86	-0.92	0.93	0.97	0.97	0.83	0.81	0.78	-0.74	1.0	-0.3	0.85	0.97	0.1	-0.92	-0.91		0.91	0.98	0.95	0.9	0.97	0.86
Non Current Liabilities Total	0.87	0.88	0.9	0.71	-0.83	0.87	0.94	0.91	0.96	0.71	0.74	-0.85	0.92	-0.54	0.75	0.84	-0.23	-0.83	-0.8	0.91		0.92	0.83	0.81	0.92	0.71
Inventory	0.96	0.99	0.99	0.77	-0.88	0.9	0.97	0.99	0.86	0.76	0.87	-0.79	0.98	-0.44	0.84	0.94	0.01	-0.88	-0.87	0.98	0.92		0.96	0.89	0.99	0.77
Other Current Assets	0.94	0.97	0.92	0.78	-0.9	0.89	0.88	0.91	0.77	0.75	0.89	-0.69	0.94	-0.34	0.75	0.93	0.22	-0.9	-0.93	0.95	0.83	0.96		0.97	0.91	0.78
Other Stockholder Equity	0.9	0.88	0.82	0.78	-0.89	0.87	0.81	0.82	0.75	0.72	0.8	-0.66	0.9	-0.24	0.63	0.89	0.28	-0.89	-0.95	0.9	0.81	0.89	0.97		0.82	0.78
Total Liab	0.94	0.98	1.0	0.76	-0.86	0.88	0.98	1.0	0.86	0.76	0.84	-0.79	0.96	-0.47	0.88	0.92	-0.08	-0.86	-0.82	0.97	0.92	0.99	0.91	0.82		0.76
Net Invested Capital	0.92	0.74	0.76	1.0	-0.95	0.93	0.74	0.78	0.52	0.95	0.51	-0.35	0.86	-0.02	0.83	0.94	0.44	-0.95	-0.93	0.86	0.71	0.77	0.78	0.78	0.76

Click cells to compare fundamentals

Clear Secure Account Relationship Matchups

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 Clear Stock Analysis

When running Clear Secure's price analysis, check to measure Clear Secure'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 Clear Secure is operating at the current time. Most of Clear Secure's value examination focuses on studying past and present price action to predict the probability of Clear Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clear Secure's price. Additionally, you may evaluate how the addition of Clear Secure to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Clear Net Invested Capital vs Net Working Capital Analysis

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Working Capital

Clear Secure fundamental ratios Correlations

Clear Secure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Clear Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Other Liab
Total Liab	+ 1.0	Current Deferred Revenue

Net Tangible Assets	- 1.0	Other Liab
Common Stock Total Equity	- 0.99	Net Tangible Assets
Common Stock Total Equity	- 0.98	Cash And Short Term Investments
Cash And Short Term Investments	- 0.98	Other Liab
Common Stock Total Equity	- 0.97	Total Assets
Other Liab	- 0.97	Total Assets