Clearwater Income Tax Expense vs Ebit Analysis

CWAN Stock

USD 30.49 0.04 0.13%

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 Income Tax Expense and its Ebit 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.

Income Tax Expense vs Ebit

Income Tax Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearwater Analytics Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Clearwater Analytics' Income Tax Expense and Ebit is -0.5. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit 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' Income Tax Expense and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Clearwater Analytics Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Tax Expense i.e., Clearwater Analytics' Income Tax Expense and Ebit go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Tax Expense

Ebit

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 15th of November 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)
Interest Expense	25.7M	1.1M	6.4M	11.8M
Depreciation And Amortization	3.0M	11.1M	9.9M	6.2M

Interest Expense Depreciation And Amortization

Clearwater Analytics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		-0.8	0.93	0.94	0.94	0.87	0.93	0.94	0.39	-0.92	0.54	0.94	0.95	0.89	0.98	0.99	-0.84	0.98	0.98	-0.86	-0.81	0.97	0.82	0.97	-0.68	0.99
Short Long Term Debt Total	-0.8		-0.64	-0.6	-0.89	-0.64	-0.92	-0.69	-0.14	0.94	-0.89	-0.68	-0.82	-0.66	-0.82	-0.83	0.98	-0.82	-0.74	0.8	0.98	-0.8	-0.63	-0.92	0.98	-0.73
Other Current Liab	0.93	-0.64		0.97	0.84	0.9	0.79	0.93	0.7	-0.75	0.47	0.94	0.78	0.9	0.87	0.89	-0.69	0.87	0.99	-0.67	-0.66	0.86	0.75	0.86	-0.5	0.93
Total Current Liabilities	0.94	-0.6	0.97		0.83	0.92	0.78	0.97	0.57	-0.75	0.38	0.98	0.83	0.92	0.88	0.9	-0.66	0.88	0.97	-0.71	-0.62	0.87	0.84	0.85	-0.44	0.95
Total Stockholder Equity	0.94	-0.89	0.84	0.83		0.89	0.99	0.85	0.32	-0.98	0.7	0.86	0.92	0.91	0.94	0.92	-0.95	0.93	0.9	-0.94	-0.93	0.88	0.74	0.95	-0.82	0.9
Other Liab	0.87	-0.64	0.9	0.92	0.89		0.83	0.92	0.55	-0.78	0.53	0.93	0.75	1.0	0.81	0.8	-0.76	0.8	0.9	-0.78	-0.71	0.74	0.84	0.81	-0.52	0.84
Net Tangible Assets	0.93	-0.92	0.79	0.78	0.99	0.83		0.81	0.23	-0.99	0.72	0.82	0.93	0.85	0.95	0.93	-0.97	0.94	0.87	-0.95	-0.96	0.89	0.72	0.96	-0.87	0.89
Property Plant And Equipment Net	0.94	-0.69	0.93	0.97	0.85	0.92	0.81		0.49	-0.79	0.53	1.0	0.82	0.92	0.86	0.88	-0.74	0.86	0.95	-0.71	-0.69	0.85	0.94	0.88	-0.55	0.9
Current Deferred Revenue	0.39	-0.14	0.7	0.57	0.32	0.55	0.23	0.49		-0.15	0.25	0.49	0.12	0.53	0.3	0.32	-0.2	0.27	0.57	-0.05	-0.17	0.28	0.24	0.31	-0.04	0.4
Net Debt	-0.92	0.94	-0.75	-0.75	-0.98	-0.78	-0.99	-0.79	-0.15		-0.71	-0.8	-0.95	-0.8	-0.95	-0.93	0.97	-0.94	-0.85	0.95	0.96	-0.91	-0.71	-0.97	0.89	-0.88
Retained Earnings	0.54	-0.89	0.47	0.38	0.7	0.53	0.72	0.53	0.25	-0.71		0.5	0.48	0.53	0.53	0.54	-0.87	0.51	0.53	-0.53	-0.88	0.49	0.49	0.69	-0.91	0.43
Accounts Payable	0.94	-0.68	0.94	0.98	0.86	0.93	0.82	1.0	0.49	-0.8	0.5		0.83	0.93	0.87	0.89	-0.74	0.87	0.96	-0.73	-0.69	0.86	0.93	0.88	-0.54	0.92
Cash	0.95	-0.82	0.78	0.83	0.92	0.75	0.93	0.82	0.12	-0.95	0.48	0.83		0.78	0.98	0.97	-0.84	0.99	0.88	-0.92	-0.82	0.97	0.74	0.95	-0.73	0.95
Non Current Assets Total	0.89	-0.66	0.9	0.92	0.91	1.0	0.85	0.92	0.53	-0.8	0.53	0.93	0.78		0.83	0.82	-0.78	0.82	0.91	-0.81	-0.73	0.76	0.83	0.83	-0.55	0.86
Non Currrent Assets Other	0.98	-0.82	0.87	0.88	0.94	0.81	0.95	0.86	0.3	-0.95	0.53	0.87	0.98	0.83		0.99	-0.85	1.0	0.94	-0.9	-0.83	0.98	0.73	0.97	-0.73	0.98
Other Assets	0.99	-0.83	0.89	0.9	0.92	0.8	0.93	0.88	0.32	-0.93	0.54	0.89	0.97	0.82	0.99		-0.84	1.0	0.95	-0.86	-0.82	1.0	0.76	0.98	-0.72	0.99
Long Term Debt	-0.84	0.98	-0.69	-0.66	-0.95	-0.76	-0.97	-0.74	-0.2	0.97	-0.87	-0.74	-0.84	-0.78	-0.85	-0.84		-0.84	-0.78	0.88	1.0	-0.8	-0.68	-0.92	0.95	-0.77
Cash And Short Term Investments	0.98	-0.82	0.87	0.88	0.93	0.8	0.94	0.86	0.27	-0.94	0.51	0.87	0.99	0.82	1.0	1.0	-0.84		0.94	-0.9	-0.83	0.99	0.74	0.97	-0.72	0.98
Net Receivables	0.98	-0.74	0.99	0.97	0.9	0.9	0.87	0.95	0.57	-0.85	0.53	0.96	0.88	0.91	0.94	0.95	-0.78	0.94		-0.77	-0.75	0.93	0.79	0.93	-0.61	0.97
Common Stock Shares Outstanding	-0.86	0.8	-0.67	-0.71	-0.94	-0.78	-0.95	-0.71	-0.05	0.95	-0.53	-0.73	-0.92	-0.81	-0.9	-0.86	0.88	-0.9	-0.77		0.86	-0.83	-0.65	-0.87	0.75	-0.83
Non Current Liabilities Total	-0.81	0.98	-0.66	-0.62	-0.93	-0.71	-0.96	-0.69	-0.17	0.96	-0.88	-0.69	-0.82	-0.73	-0.83	-0.82	1.0	-0.83	-0.75	0.86		-0.78	-0.63	-0.91	0.97	-0.74
Inventory	0.97	-0.8	0.86	0.87	0.88	0.74	0.89	0.85	0.28	-0.91	0.49	0.86	0.97	0.76	0.98	1.0	-0.8	0.99	0.93	-0.83	-0.78		0.73	0.96	-0.7	0.98
Other Current Assets	0.82	-0.63	0.75	0.84	0.74	0.84	0.72	0.94	0.24	-0.71	0.49	0.93	0.74	0.83	0.73	0.76	-0.68	0.74	0.79	-0.65	-0.63	0.73		0.78	-0.51	0.77
Other Stockholder Equity	0.97	-0.92	0.86	0.85	0.95	0.81	0.96	0.88	0.31	-0.97	0.69	0.88	0.95	0.83	0.97	0.98	-0.92	0.97	0.93	-0.87	-0.91	0.96	0.78		-0.83	0.94
Total Liab	-0.68	0.98	-0.5	-0.44	-0.82	-0.52	-0.87	-0.55	-0.04	0.89	-0.91	-0.54	-0.73	-0.55	-0.73	-0.72	0.95	-0.72	-0.61	0.75	0.97	-0.7	-0.51	-0.83		-0.61
Deferred Long Term Liab	0.99	-0.73	0.93	0.95	0.9	0.84	0.89	0.9	0.4	-0.88	0.43	0.92	0.95	0.86	0.98	0.99	-0.77	0.98	0.97	-0.83	-0.74	0.98	0.77	0.94	-0.61

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Clearwater Analytics Account Relationship Matchups

Pair Trading with Clearwater Analytics

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 Clearwater Analytics 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 Clearwater Analytics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Clearwater Stock

0.86	DJCO	Daily Journal Corp	Pair Corr
0.73	AI	C3 Ai Inc	Pair Corr
0.85	AZ	A2Z Smart Technologies Tech Boost	Pair Corr
0.86	BL	Blackline	Pair Corr

Moving against Clearwater Stock

0.53	VERB	VERB TECHNOLOGY PANY	Pair Corr
0.46	DMAN	Innovativ Media Group	Pair Corr

The ability to find closely correlated positions to Clearwater Analytics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearwater Analytics 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 Clearwater Analytics - 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 Clearwater Analytics Holdings to buy it.

The correlation of Clearwater Analytics 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 Clearwater Analytics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearwater Analytics 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 Clearwater Analytics 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.

Pair Correlation Correlation Matching

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:

How To Invest In Clearwater

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Is Clearwater Stock a good investment?

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What is Clearwater Analytics' Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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.

Revenue Per Share

1.984

Quarterly Revenue Growth

0.224

Return On Assets

0.0325

Return On Equity

0.0091

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.

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Clearwater Income Tax Expense vs Ebit Analysis

Income Tax Expense vs Ebit

Income Tax Expense vs Ebit Correlation Analysis

Correlation Coefficient

Income Tax Expense

Ebit

Clearwater Analytics fundamental ratios Correlations

Clearwater Analytics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Clearwater Analytics

Moving together with Clearwater Stock

Moving against Clearwater Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Other Liab
Accounts Payable	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Non Currrent Assets Other
Cash And Short Term Investments	+ 1.0	Other Assets
Inventory	+ 1.0	Other Assets
Non Current Liabilities Total	+ 1.0	Long Term Debt

Net Debt	- 0.99	Net Tangible Assets
Net Debt	- 0.98	Total Stockholder Equity
Other Stockholder Equity	- 0.97	Net Debt
Long Term Debt	- 0.97	Net Tangible Assets
Non Current Liabilities Total	- 0.96	Net Tangible Assets
Non Currrent Assets Other	- 0.95	Net Debt