Clearwater Historical Income Statement
| CWAN Stock | USD 25.20 0.16 0.63% |
Historical analysis of Clearwater Analytics income statement accounts such as Net Interest Income of 6 M, Depreciation And Amortization of 6.2 M or Interest Expense of 11.8 M can show how well Clearwater Analytics Holdings performed in making a profits. Evaluating Clearwater Analytics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Clearwater Analytics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Clearwater Analytics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Clearwater Analytics is a good buy for the upcoming year.
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About Clearwater Income Statement Analysis
Clearwater Analytics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Clearwater Analytics shareholders. The income statement also shows Clearwater investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Clearwater Analytics Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Clearwater Analytics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Clearwater Analytics' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement 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, 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. At this time, Clearwater Analytics' Net Interest Income is very stable compared to the past year. As of the 27th of September 2024, Interest Expense is likely to grow to about 11.8 M, 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 |
Clearwater Analytics income statement Correlations
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Clearwater Analytics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
Moving against Clearwater Stock
| 0.91 | ML | MoneyLion | PairCorr |
| 0.88 | AI | C3 Ai Inc | PairCorr |
| 0.87 | EB | Eventbrite Class A | PairCorr |
| 0.84 | PD | Pagerduty | PairCorr |
| 0.8 | DMAN | Innovativ Media Group | PairCorr |
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.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 Earnings Calls module to check upcoming earnings announcements updated hourly across public 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 (0.02) | Revenue Per Share 1.923 | Quarterly Revenue Growth 0.188 | Return On Assets 0.0178 | Return On Equity (0.01) |
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.