Clear Other Current Assets vs Common Stock Shares Outstanding Analysis

YOU Stock  USD 27.22  0.06  0.22%   
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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clear Secure Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Clear Secure's Other Current Assets and Common Stock Shares Outstanding is -0.93. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Clear Secure are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Clear Secure's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Amortization12.4M22.6M21.6M16.1M
Interest Income349K6.6M7.6M8.0M

Clear Secure fundamental ratios Correlations

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-0.97-0.87-0.87-0.95-1.0-0.81-0.88-0.68-0.96-0.730.49-0.920.29-0.87-0.98-0.321.00.98-0.92-0.83-0.88-0.9-0.89-0.86-0.95
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0.220.03-0.030.44-0.320.23-0.15-0.03-0.410.380.020.490.080.540.130.28-0.32-0.40.1-0.230.010.220.28-0.080.44
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0.990.960.960.86-0.920.930.970.970.830.810.78-0.741.0-0.30.850.970.1-0.92-0.910.910.980.950.90.970.86
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Clear Secure Account Relationship Matchups

Thematic Opportunities

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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.