Clearway Energy Stock Return On Asset

CWEN-A Stock  USD 27.94  0.29  1.03%   
Clearway Energy fundamentals help investors to digest information that contributes to Clearway Energy's financial success or failures. It also enables traders to predict the movement of Clearway Stock. The fundamental analysis module provides a way to measure Clearway Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clearway Energy stock.
The current year's Return On Assets is expected to grow to 0.01.
  
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Clearway Energy Company Return On Asset Analysis

Clearway Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Clearway Energy Return On Asset

    
  0.0088  
Most of Clearway Energy's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clearway Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Clearway Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Clearway Energy is extremely important. It helps to project a fair market value of Clearway Stock properly, considering its historical fundamentals such as Return On Asset. Since Clearway Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clearway Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clearway Energy's interrelated accounts and indicators.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Clearway Total Assets

Total Assets

9.46 Billion

At present, Clearway Energy's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Clearway Energy has a Return On Asset of 0.0088. This is 99.64% lower than that of the Independent Power and Renewable Electricity Producers sector and 99.61% lower than that of the Utilities industry. The return on asset for all United States stocks is 106.29% lower than that of the firm.

Clearway Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clearway Energy's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clearway Energy could also be used in its relative valuation, which is a method of valuing Clearway Energy by comparing valuation metrics of similar companies.
Clearway Energy is currently under evaluation in return on asset category among its peers.

Clearway Fundamentals

About Clearway Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearway Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearway Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearway Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Clearway Stock

Clearway Energy financial ratios help investors to determine whether Clearway Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Clearway with respect to the benefits of owning Clearway Energy security.