Clearwater Inventory vs Non Currrent Assets Other Analysis

CWAN Stock  USD 20.20  0.64  3.27%   
Clearwater Analytics financial indicator trend analysis is way more than just evaluating Clearwater Analytics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearwater Analytics is a good investment. Please check the relationship between Clearwater Analytics Inventory and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearwater Analytics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearwater Analytics Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Clearwater Analytics' Inventory and Non Currrent Assets Other is 0.98. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Clearwater Analytics Holdings, assuming nothing else is changed. The correlation between historical values of Clearwater Analytics' Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Clearwater Analytics Holdings are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Clearwater Analytics' Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Clearwater Analytics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearwater Analytics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearwater Analytics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of the 7th of June 2024, Enterprise Value is likely to grow to about 5.2 B, while Tax Provision is likely to drop about 206.2 K.
 2021 2022 2023 2024 (projected)
Gross Profit184.2M215.6M259.1M204.5M
Total Revenue252.0M303.4M368.2M284.9M

Clearwater Analytics fundamental ratios Correlations

-0.80.950.940.940.870.930.940.39-0.920.540.940.950.890.980.99-0.840.980.98-0.86-0.810.970.820.97-0.680.99
-0.8-0.59-0.6-0.89-0.64-0.92-0.69-0.140.94-0.89-0.68-0.82-0.66-0.82-0.830.98-0.82-0.740.80.98-0.8-0.63-0.920.98-0.73
0.95-0.591.00.830.910.780.960.55-0.750.350.970.840.910.890.9-0.650.890.97-0.72-0.610.880.830.85-0.430.95
0.94-0.61.00.830.920.780.970.57-0.750.380.980.830.920.880.9-0.660.880.97-0.71-0.620.870.840.85-0.440.95
0.94-0.890.830.830.890.990.850.32-0.980.70.860.920.910.940.92-0.950.930.9-0.94-0.930.880.740.95-0.820.9
0.87-0.640.910.920.890.830.920.55-0.780.530.930.751.00.810.8-0.760.80.9-0.78-0.710.740.840.81-0.520.84
0.93-0.920.780.780.990.830.810.23-0.990.720.820.930.850.950.93-0.970.940.87-0.95-0.960.890.720.96-0.870.89
0.94-0.690.960.970.850.920.810.49-0.790.531.00.820.920.860.88-0.740.860.95-0.71-0.690.850.940.88-0.550.9
0.39-0.140.550.570.320.550.230.49-0.150.250.490.120.530.30.32-0.20.270.57-0.05-0.170.280.240.31-0.040.4
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0.54-0.890.350.380.70.530.720.530.25-0.710.50.480.530.530.54-0.870.510.53-0.53-0.880.490.490.69-0.910.43
0.94-0.680.970.980.860.930.821.00.49-0.80.50.830.930.870.89-0.740.870.96-0.73-0.690.860.930.88-0.540.92
0.95-0.820.840.830.920.750.930.820.12-0.950.480.830.780.980.97-0.840.990.88-0.92-0.820.970.740.95-0.730.95
0.89-0.660.910.920.911.00.850.920.53-0.80.530.930.780.830.82-0.780.820.91-0.81-0.730.760.830.83-0.550.86
0.98-0.820.890.880.940.810.950.860.3-0.950.530.870.980.830.99-0.851.00.94-0.9-0.830.980.730.97-0.730.98
0.99-0.830.90.90.920.80.930.880.32-0.930.540.890.970.820.99-0.841.00.95-0.86-0.821.00.760.98-0.720.99
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0.98-0.820.890.880.930.80.940.860.27-0.940.510.870.990.821.01.0-0.840.94-0.9-0.830.990.740.97-0.720.98
0.98-0.740.970.970.90.90.870.950.57-0.850.530.960.880.910.940.95-0.780.94-0.77-0.750.930.790.93-0.610.97
-0.860.8-0.72-0.71-0.94-0.78-0.95-0.71-0.050.95-0.53-0.73-0.92-0.81-0.9-0.860.88-0.9-0.770.86-0.83-0.65-0.870.75-0.83
-0.810.98-0.61-0.62-0.93-0.71-0.96-0.69-0.170.96-0.88-0.69-0.82-0.73-0.83-0.821.0-0.83-0.750.86-0.78-0.63-0.910.97-0.74
0.97-0.80.880.870.880.740.890.850.28-0.910.490.860.970.760.981.0-0.80.990.93-0.83-0.780.730.96-0.70.98
0.82-0.630.830.840.740.840.720.940.24-0.710.490.930.740.830.730.76-0.680.740.79-0.65-0.630.730.78-0.510.77
0.97-0.920.850.850.950.810.960.880.31-0.970.690.880.950.830.970.98-0.920.970.93-0.87-0.910.960.78-0.830.94
-0.680.98-0.43-0.44-0.82-0.52-0.87-0.55-0.040.89-0.91-0.54-0.73-0.55-0.73-0.720.95-0.72-0.610.750.97-0.7-0.51-0.83-0.61
0.99-0.730.950.950.90.840.890.90.4-0.880.430.920.950.860.980.99-0.770.980.97-0.83-0.740.980.770.94-0.61
Click cells to compare fundamentals

Clearwater Analytics Account Relationship Matchups

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Additional Information and Resources on Investing in Clearwater Stock

When determining whether Clearwater Analytics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearwater Analytics' 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 Clearwater Analytics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearwater Analytics Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearwater Analytics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Application Software 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 Clearwater Analytics. If investors know Clearwater 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 Clearwater Analytics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
1.887
Quarterly Revenue Growth
0.214
Return On Assets
0.0056
Return On Equity
(0.04)
The market value of Clearwater Analytics is measured differently than its book value, which is the value of Clearwater that is recorded on the company's balance sheet. Investors also form their own opinion of Clearwater Analytics' value that differs from its market value or its book value, called intrinsic value, which is Clearwater Analytics' 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 Clearwater Analytics' market value can be influenced by many factors that don't directly affect Clearwater Analytics' 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 Clearwater Analytics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearwater Analytics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearwater Analytics' 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.