Clearfield Good Will from 2010 to 2024

CLFD Stock  USD 30.60  0.33  1.09%   
Clearfield's Good Will is increasing over the years with slightly volatile fluctuation. Good Will is expected to dwindle to about 4 M. Good Will is an intangible asset that arises when Clearfield acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2003-03-31
Previous Quarter
6.6 M
Current Value
6.6 M
Quarterly Volatility
515.4 M
 
Housing Crash
 
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 Good Will Growth Pattern

Below is the plot of the Good Will of Clearfield over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Clearfield's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Clearfield Good Will Regression Statistics

Arithmetic Mean4,021,174
Geometric Mean3,740,787
Coefficient Of Variation39.64
Mean Deviation1,365,710
Median4,003,507
Standard Deviation1,594,038
Sample Variance2.5T
Range4.1M
R-Value0.83
Mean Square Error852.7B
R-Squared0.69
Significance0.0001
Slope295,732
Total Sum of Squares35.6T

Clearfield Good Will History

2024M
20236.6 M
20226.5 M
20216.4 M
20174.7 M
20112.6 M
20102.5 M

About Clearfield Financial Statements

Clearfield stakeholders use historical fundamental indicators, such as Clearfield's Good Will, 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
Good Will6.6 MM

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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.