Clearway Historical Balance Sheet
Trend analysis of Clearway Energy Class balance sheet accounts such as Total Assets of 9.5 B, Short and Long Term Debt Total of 6 B or Other Current Liab of 131.7 M provides information on Clearway Energy's total assets, liabilities, and equity, which is the actual value of Clearway Energy Class to its prevalent stockholders. By breaking down trends over time using Clearway Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Clearway Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Clearway Energy Class at a specified time, usually calculated after every quarter, six months, or one year. Clearway Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clearway Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clearway currently owns. An asset can also be divided into two categories, current and non-current.
Clearway Energy Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Clearway Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Clearway Energy Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most accounts from Clearway Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Clearway Energy Class current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Clearway Energy's Other Stockholder Equity is very stable compared to the past year. As of the 27th of March 2025, Property Plant And Equipment Gross is likely to grow to about 15.3 B, while Common Stock Shares Outstanding is likely to drop about 101 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 7.4B | 8.7B | 7.7B | 6.0B | Total Assets | 12.3B | 14.7B | 14.3B | 9.5B |
Clearway Energy balance sheet Correlations
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Clearway Energy Account Relationship Matchups
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Clearway Energy balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Common Stock Shares Outstanding | 104M | 109M | 116M | 117M | 118M | 101.0M | |
Total Assets | 10.6B | 12.8B | 12.3B | 14.7B | 14.3B | 9.5B | |
Short Long Term Debt Total | 7.3B | 8.3B | 7.4B | 8.7B | 7.7B | 6.0B | |
Other Current Liab | 161M | 678M | 240M | 187M | 206M | 131.7M | |
Total Current Liabilities | 634M | 1.6B | 617M | 906M | 718M | 767.3M | |
Total Stockholder Equity | 1.8B | 1.8B | 2.2B | 2.1B | 5.6B | 5.8B | |
Other Liab | 130M | 217M | 382M | 623M | 716.5M | 752.3M | |
Property Plant And Equipment Net | 7.6B | 8.2B | 7.9B | 10.1B | 10.5B | 6.3B | |
Current Deferred Revenue | 123M | 138M | 119M | 136M | 156.4M | 98.3M | |
Net Debt | 7.0B | 8.1B | 6.7B | 8.1B | 7.4B | 5.7B | |
Retained Earnings | (84M) | (33M) | 463M | 361M | 254M | 266.7M | |
Accounts Payable | 89M | 181M | 55M | 161M | 82M | 104.4M | |
Cash | 268M | 179M | 657M | 535M | 332M | 282.6M | |
Non Current Assets Total | 9.9B | 11.3B | 11.0B | 13.1B | 13.3B | 8.7B | |
Non Currrent Assets Other | 115M | 107M | 40M | 284M | 337M | 353.9M | |
Other Assets | 195M | 218M | 202M | 70M | 80.5M | 76.5M | |
Long Term Debt | 6.6B | 6.9B | 6.5B | 7.5B | 6.8B | 5.3B | |
Cash And Short Term Investments | 268M | 179M | 657M | 575M | 332M | 285.8M | |
Net Receivables | 143M | 144M | 153M | 345M | 164M | 142.8M | |
Liabilities And Stockholders Equity | 10.6B | 12.8B | 12.3B | 14.7B | 14.3B | 9.5B | |
Non Current Liabilities Total | 7.2B | 7.9B | 7.7B | 8.8B | 8.0B | 5.7B | |
Inventory | 42M | 37M | 47M | 55M | 64M | 38.5M | |
Other Current Assets | 313M | 1.2B | 419M | 585M | 507M | 321.4M | |
Other Stockholder Equity | 1.9B | 1.9B | 1.8B | 1.7B | 5.3B | 5.6B | |
Total Liab | 7.9B | 9.5B | 8.3B | 9.7B | 8.8B | 6.5B | |
Property Plant And Equipment Gross | 7.6B | 8.2B | 7.9B | 13.6B | 14.6B | 15.3B | |
Total Current Assets | 708M | 1.5B | 1.3B | 1.6B | 1.1B | 793.0M | |
Accumulated Other Comprehensive Income | (14M) | (6M) | 9M | 7M | 3M | 3.2M | |
Short Term Debt | 384M | 772M | 322M | 558M | 430M | 480.5M | |
Intangible Assets | 1.4B | 2.5B | 2.6B | 2.4B | 2.1B | 1.5B | |
Property Plant Equipment | 6.3B | 7.2B | 8.2B | 7.4B | 8.5B | 5.2B | |
Net Tangible Assets | 422M | 1.8B | (665M) | 2.2B | 2.6B | 2.7B | |
Long Term Debt Total | 5.0B | 6.6B | 6.9B | 6.5B | 7.5B | 5.6B | |
Capital Surpluse | 1.9B | 1.9B | 1.9B | 1.8B | 2.0B | 1.9B | |
Non Current Liabilities Other | 523M | 173M | 201M | 287M | 325M | 188.1M |
Pair Trading with Clearway Energy
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 Clearway Energy 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 Clearway Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Clearway Stock
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0.79 | HTOO | Fusion Fuel Green | PairCorr |
0.75 | RNW | Renew Energy Global | PairCorr |
0.74 | FLNC | Fluence Energy | PairCorr |
0.74 | CEG | Constellation Energy Corp | PairCorr |
The ability to find closely correlated positions to Clearway Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearway Energy 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 Clearway Energy - 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 Clearway Energy Class to buy it.
The correlation of Clearway Energy 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 Clearway Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearway Energy Class 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 Clearway Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Independent Power and Renewable Electricity Producers 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 Clearway Energy. If investors know Clearway 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 Clearway Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy'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 Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy'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 Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy'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.