Clearfield Debt Ratio from 2010 to 2024

CLFD Stock  USD 30.60  0.62  2.07%   
Clearfield's Debt Ratio is increasing over the years with stable fluctuation. Debt Ratio is expected to dwindle to 0.01. During the period from 2010 to 2024 Clearfield Debt Ratio annual values regression line had geometric mean of  0.01 and mean square error of  0.0006. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.0163286
Current Value
0.01008489
Quarterly Volatility
0.02403725
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clearfield financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clearfield's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 531.3 M or Selling General Administrative of 54.7 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0 or PTB Ratio of 0.93. Clearfield financial statements analysis is a perfect complement when working with Clearfield Valuation or Volatility modules.
  
Check out the analysis of Clearfield Correlation against competitors.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.

Latest Clearfield's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Clearfield over the last few years. It is Clearfield's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clearfield's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Pretty Stable
   Debt Ratio   
       Timeline  

Clearfield Debt Ratio Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation168.68
Mean Deviation0.01
Median0.01
Standard Deviation0.02
Sample Variance0.0006
Range0.0947
R-Value0.28
Mean Square Error0.0006
R-Squared0.08
Significance0.31
Slope0
Total Sum of Squares0.01

Clearfield Debt Ratio History

2024 0.0101
2023 0.0163
2022 0.005941
2021 0.1
2020 0.007264
2011 0.006984
2010 0.0107

Other Fundumenentals of Clearfield

Clearfield Debt Ratio component correlations

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0.990.330.960.620.70.990.860.470.020.560.940.940.590.730.150.930.580.550.230.920.90.89-0.660.9
0.420.330.50.670.720.370.670.690.34-0.220.570.230.380.51-0.230.490.110.120.220.340.280.21-0.370.23
0.980.960.50.770.840.960.920.650.20.460.970.840.630.820.050.970.520.570.350.90.860.82-0.610.81
0.720.620.670.770.970.690.870.970.440.440.770.360.690.780.220.780.150.450.40.630.580.42-0.220.35
0.790.70.720.840.970.760.940.940.370.390.860.480.630.760.140.830.260.520.340.690.650.51-0.370.47
0.990.990.370.960.690.760.90.550.010.540.950.910.580.740.130.920.480.550.150.940.930.89-0.60.87
0.920.860.670.920.870.940.90.790.140.410.970.720.590.740.090.910.40.510.210.820.790.71-0.580.7
0.580.470.690.650.970.940.550.790.530.340.650.190.610.690.20.660.070.430.410.50.450.27-0.110.19
0.080.020.340.20.440.370.010.140.530.080.07-0.20.50.490.120.240.090.280.720.03-0.05-0.170.18-0.2
0.550.56-0.220.460.440.390.540.410.340.080.430.360.590.480.810.560.390.440.370.460.450.38-0.150.38
0.970.940.570.970.770.860.950.970.650.070.430.840.560.730.050.950.540.570.220.860.830.8-0.690.81
0.890.940.230.840.360.480.910.720.19-0.20.360.840.390.56-0.050.780.550.430.00.870.870.92-0.710.95
0.630.590.380.630.690.630.580.590.610.50.590.560.390.910.520.670.350.440.510.630.580.31-0.110.46
0.770.730.510.820.780.760.740.740.690.490.480.730.560.910.310.810.350.440.530.80.750.45-0.210.62
0.150.15-0.230.050.220.140.130.090.20.120.810.05-0.050.520.310.190.20.170.360.170.16-0.130.20.11
0.960.930.490.970.780.830.920.910.660.240.560.950.780.670.810.190.650.60.480.820.770.75-0.670.75
0.540.580.110.520.150.260.480.40.070.090.390.540.550.350.350.20.650.510.540.370.310.38-0.770.59
0.570.550.120.570.450.520.550.510.430.280.440.570.430.440.440.170.60.510.320.470.430.42-0.370.42
0.260.230.220.350.40.340.150.210.410.720.370.220.00.510.530.360.480.540.320.120.03-0.06-0.150.05
0.920.920.340.90.630.690.940.820.50.030.460.860.870.630.80.170.820.370.470.120.990.76-0.390.91
0.890.90.280.860.580.650.930.790.45-0.050.450.830.870.580.750.160.770.310.430.030.990.77-0.350.91
0.860.890.210.820.420.510.890.710.27-0.170.380.80.920.310.45-0.130.750.380.42-0.060.760.77-0.690.76
-0.64-0.66-0.37-0.61-0.22-0.37-0.6-0.58-0.110.18-0.15-0.69-0.71-0.11-0.210.2-0.67-0.77-0.37-0.15-0.39-0.35-0.69-0.61
0.860.90.230.810.350.470.870.70.19-0.20.380.810.950.460.620.110.750.590.420.050.910.910.76-0.61
Click cells to compare fundamentals

About Clearfield Financial Statements

Clearfield stakeholders use historical fundamental indicators, such as Clearfield's Debt Ratio, to determine how well the company is positioned to perform in the future. Although Clearfield investors may analyze each financial statement separately, they are all interrelated. For example, changes in Clearfield's assets and liabilities are reflected in the revenues and expenses on Clearfield's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Clearfield. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.02  0.01 
Cash Flow To Debt Ratio 4.32 (16.58)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Clearfield is a strong investment it is important to analyze Clearfield's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clearfield's future performance. For an informed investment choice regarding Clearfield Stock, refer to the following important reports:
Check out the analysis of Clearfield Correlation against competitors.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Communications Equipment 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 Clearfield. If investors know Clearfield 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 Clearfield 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
(0.85)
Earnings Share
(0.85)
Revenue Per Share
11.432
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
The market value of Clearfield is measured differently than its book value, which is the value of Clearfield that is recorded on the company's balance sheet. Investors also form their own opinion of Clearfield's value that differs from its market value or its book value, called intrinsic value, which is Clearfield'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 Clearfield's market value can be influenced by many factors that don't directly affect Clearfield'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 Clearfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearfield'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.