Clear Free Cash Flow from 2010 to 2024
| CCO Stock | USD 1.57 0.01 0.64% |
Free Cash Flow | First Reported 2005-03-31 | Previous Quarter 5.2 M | Current Value 21 M | Quarterly Volatility 88.6 M |
Check Clear Channel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clear Channel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 319.8 M, Interest Expense of 275.4 M or Selling General Administrative of 645 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 6.0E-4 or Days Sales Outstanding of 110. Clear financial statements analysis is a perfect complement when working with Clear Channel Valuation or Volatility modules.
Clear | Free Cash Flow |
Latest Clear Channel's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of Clear Channel Outdoor over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Clear Channel's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clear Channel's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
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Free Cash Flow |
| Timeline |
Clear Free Cash Flow Regression Statistics
| Arithmetic Mean | (324,733) | |
| Geometric Mean | 99,866,114 | |
| Coefficient Of Variation | (49,232) | |
| Mean Deviation | 130,534,418 | |
| Median | (17,938,000) | |
| Standard Deviation | 159,872,862 | |
| Sample Variance | 25559.3T | |
| Range | 507.7M | |
| R-Value | (0.85) | |
| Mean Square Error | 7526.8T | |
| R-Squared | 0.73 | |
| Significance | 0.000054 | |
| Slope | (30,471,429) | |
| Total Sum of Squares | 357830.6T |
Clear Free Cash Flow History
Other Fundumenentals of Clear Channel Outdoor
Clear Channel Free Cash Flow component correlations
About Clear Channel Financial Statements
Clear Channel investors utilize fundamental indicators, such as Free Cash Flow, to predict how Clear Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | -147.5 M | -140.1 M | |
| Free Cash Flow Yield | (0.17) | (0.16) | |
| Free Cash Flow Per Share | (0.31) | (0.29) | |
| EV To Free Cash Flow | (52.89) | (50.24) | |
| Price To Free Cash Flows Ratio | (5.94) | (5.65) | |
| Free Cash Flow Operating Cash Flow Ratio | (4.72) | (4.48) |
Pair Trading with Clear Channel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clear Channel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clear Channel will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Clear Channel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clear Channel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clear Channel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clear Channel Outdoor to buy it.
The correlation of Clear Channel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clear Channel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clear Channel Outdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clear Channel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Clear Channel Correlation against competitors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clear Channel. If investors know Clear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clear Channel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share (0.30) | Revenue Per Share 4.59 | Quarterly Revenue Growth 0.061 | Return On Assets 0.039 |
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.