Clearway Energy Class Stock Return On Asset

CWEN Stock  USD 26.79  0.30  1.11%   
Clearway Energy Class 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.
As of the 19th of May 2024, Return On Assets is likely to grow to 0.01.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Clearway Energy Class 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

    
  0.0095  
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 Class 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.
0.950.90.980.340.430.980.610.240.990.840.510.960.99-0.770.390.980.920.670.360.360.750.18-0.38
0.950.820.950.280.320.970.50.240.950.720.50.890.95-0.80.510.950.960.560.550.340.580.12-0.27
0.90.820.90.280.350.880.50.340.90.780.560.860.92-0.50.310.910.840.630.380.450.790.1-0.34
0.980.950.90.20.410.990.540.331.00.780.590.930.98-0.80.340.980.950.570.490.430.690.05-0.3
0.340.280.280.20.080.230.68-0.310.250.62-0.110.420.27-0.090.570.280.150.87-0.37-0.120.610.7-0.69
0.430.320.350.410.080.360.370.080.40.450.320.380.45-0.17-0.110.330.280.35-0.070.30.540.0-0.36
0.980.970.880.990.230.360.550.240.990.780.460.920.98-0.810.440.990.960.570.470.280.650.18-0.31
0.610.50.50.540.680.370.550.00.560.820.230.540.56-0.510.590.580.520.880.010.180.820.5-0.92
0.240.240.340.33-0.310.080.240.00.29-0.030.630.10.31-0.22-0.040.230.310.00.420.620.2-0.580.13
0.990.950.91.00.250.40.990.560.290.810.560.950.99-0.80.340.980.940.60.430.40.710.1-0.32
0.840.720.780.780.620.450.780.82-0.030.810.360.860.81-0.60.370.820.70.880.050.270.910.44-0.66
0.510.50.560.59-0.110.320.460.230.630.560.360.440.54-0.43-0.110.460.560.250.570.980.44-0.65-0.1
0.960.890.860.930.420.380.920.540.10.950.860.440.94-0.710.280.920.830.690.210.290.730.23-0.32
0.990.950.920.980.270.450.980.560.310.990.810.540.94-0.750.370.980.920.620.410.390.740.12-0.32
-0.77-0.8-0.5-0.8-0.09-0.17-0.81-0.51-0.22-0.8-0.6-0.43-0.71-0.75-0.32-0.76-0.79-0.37-0.48-0.27-0.39-0.040.2
0.390.510.310.340.57-0.110.440.59-0.040.340.37-0.110.280.37-0.320.450.490.530.3-0.190.310.58-0.56
0.980.950.910.980.280.330.990.580.230.980.820.460.920.98-0.760.450.950.610.460.30.70.21-0.36
0.920.960.840.950.150.280.960.520.310.940.70.560.830.92-0.790.490.950.490.650.40.560.04-0.3
0.670.560.630.570.870.350.570.880.00.60.880.250.690.62-0.370.530.610.49-0.120.210.910.53-0.8
0.360.550.380.49-0.37-0.070.470.010.420.430.050.570.210.41-0.480.30.460.65-0.120.48-0.04-0.430.12
0.360.340.450.43-0.120.30.280.180.620.40.270.980.290.39-0.27-0.190.30.40.210.480.4-0.7-0.1
0.750.580.790.690.610.540.650.820.20.710.910.440.730.74-0.390.310.70.560.91-0.040.40.32-0.71
0.180.120.10.050.70.00.180.5-0.580.10.44-0.650.230.12-0.040.580.210.040.53-0.43-0.70.32-0.52
-0.38-0.27-0.34-0.3-0.69-0.36-0.31-0.920.13-0.32-0.66-0.1-0.32-0.320.2-0.56-0.36-0.3-0.80.12-0.1-0.71-0.52
Click cells to compare fundamentals
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

8.97 Billion

At this time, Clearway Energy's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Clearway Energy Class has a Return On Asset of 0.0095. This is 99.61% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The return on asset for all United States stocks is 106.79% 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 related companies.

Clearway Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Clearway Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Clearway Energy's managers, analysts, and investors.
Environmental
Governance
Social

Clearway Fundamentals

About Clearway Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearway Energy Class'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 Class 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock:
Check out Clearway Energy Piotroski F Score and Clearway Energy Altman Z Score analysis.
Note that the Clearway Energy Class information on this page should be used as a complementary analysis to other Clearway Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Clearway Stock analysis

When running Clearway Energy's price analysis, check to measure Clearway Energy'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 Clearway Energy is operating at the current time. Most of Clearway Energy's value examination focuses on studying past and present price action to predict the probability of Clearway Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearway Energy's price. Additionally, you may evaluate how the addition of Clearway Energy to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is Clearway Energy's industry 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.
Quarterly Earnings Growth
2.083
Dividend Share
1.571
Earnings Share
0.65
Revenue Per Share
11.017
Quarterly Revenue Growth
(0.09)
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.