Clearfield Financials

CLFD Stock

USD 31.44 0.04 0.13%

Based on the measurements of operating efficiency obtained from Clearfield's historical financial statements, Clearfield may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Clearfield's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 44.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 12.3 M.

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Clearfield Balance Sheet Chart

At present, Clearfield's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 44.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 12.3 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

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Key indicators impacting Clearfield's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Debt Equity Ratio

0.0797

0.0839

Notably Down

Slightly volatile

Current Ratio

3.43

3.611

Notably Down

Pretty Stable

Investors should never underestimate Clearfield's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to research Clearfield's cash flow, debt, and profitability to make informed and accurate decisions about investing in Clearfield.

Net Income

(8.79 Million)

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Understanding current and past Clearfield Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Clearfield's financial statements are interrelated, with each one affecting the others. For example, an increase in Clearfield's assets may result in an increase in income on the income statement.

Clearfield Earnings Geography

Please note, the presentation of Clearfield's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Clearfield's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Clearfield's management manipulating its earnings.

Clearfield Stock Summary

Clearfield competes with Telesat Corp, Cerence, OneSpan, Vishay Precision, and Bandwidth. Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota. Clearfield operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 407 people.

Specialization	Information Technology, Technology Hardware & Equipment
Instrument	USA Stock View All
Exchange	NASDAQ Exchange
ISIN	US18482P1030
Business Address	7050 Winnetka Avenue
Sector	Communications Equipment
Industry	Information Technology
Benchmark	Dow Jones Industrial
Website	www.seeclearfield.com
Phone	763 476 6866
Currency	USD - US Dollar

Clearfield Key Financial Ratios

	Return On Equity	0.0247
	Profit Margin	(0.04) %
	Operating Margin	(0.05) %
	Price To Sales	2.81 X
	Revenue	150.13 M

More Fundamentals

Clearfield Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	229.1M	355.5M	315.3M	306.2M	352.1M	369.7M
Other Current Liab	18.0M	14.2M	16.5M	23.9M	27.5M	28.9M
Net Debt	20.2M	(21.3M)	(631K)	(12.7M)	(11.5M)	(12.0M)
Retained Earnings	94.8M	127.3M	115.0M	106.9M	122.9M	129.1M
Cash	16.7M	37.8M	14.1M	21.5M	24.7M	26.0M
Net Receivables	53.7M	28.4M	13.8M	18.0M	20.7M	21.7M
Inventory	82.2M	98.1M	56.1M	42.0M	48.3M	50.8M
Other Current Assets	1.8M	1.7M	30.7M	32.5M	37.4M	39.2M
Total Liab	81.5M	40.4M	39.5M	50.0M	57.5M	60.4M
Total Current Assets	160.1M	296.3M	229.6M	198.5M	228.3M	239.7M
Short Term Debt	7.8M	5.8M	5.1M	5.6M	6.5M	6.8M
Accounts Payable	24.1M	8.9M	2.8M	7.0M	8.1M	8.5M
Common Stock	137.3K	138K	153K	142K	158.7K	139.3K
Intangible Assets	6.4M	6.1M	4.7M	9.4M	10.8M	11.3M

Clearfield Key Income Statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Revenue	270.9M	268.7M	166.7M	150.1M	172.7M	181.3M
Gross Profit	112.9M	85.3M	28.9M	50.5M	58.1M	61.0M
Operating Income	63.8M	37.3M	(23.2M)	2.1M	2.4M	3.9M
Ebit	63.8M	37.3M	(15.8M)	8.7M	10.0M	10.5M
Ebitda	67.2M	43.3M	(8.3M)	14.8M	17.0M	17.9M
Cost Of Revenue	157.9M	183.4M	137.8M	99.6M	114.5M	120.3M
Income Before Tax	63.8M	41.6M	(16.3M)	8.7M	10.0M	10.5M
Net Income	49.4M	32.5M	(12.5M)	(8.1M)	(9.3M)	(8.8M)
Income Tax Expense	14.5M	9.1M	(3.8M)	2.4M	2.7M	2.8M
Research Development	895K	3.1M	3M	2.4M	2.8M	2.9M
Tax Provision	14.5M	9.1M	(3.8M)	2.4M	2.7M	3.9M
Net Interest Income	771.0K	500.1K	(311K)	(881K)	(506K)	0.0

Clearfield Key Cash Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	(43.7M)	(15.1M)	32.0M	13.6M	12.3M	12.9M
Change In Cash	3.4M	21.2M	(21.7M)	7.3M	8.4M	8.9M
Free Cash Flow	(8.1M)	11.6M	12.7M	24.7M	28.4M	29.8M
Depreciation	3.4M	6.1M	7.4M	4.3M	5.0M	5.2M
Other Non Cash Items	(29K)	(3.5M)	(4.4M)	17.0M	19.5M	20.5M
Capital Expenditures	9.1M	8.4M	9.6M	4.7M	5.5M	5.7M
Net Income	49.4M	32.5M	(12.5M)	(8.1M)	(9.3M)	(8.8M)
End Period Cash Flow	16.7M	37.8M	16.2M	21.5M	24.7M	12.6M
Investments	17.1M	(112.2M)	(6.9M)	(7.0M)	(6.3M)	(6.7M)

Clearfield Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Clearfield's current stock value. Our valuation model uses many indicators to compare Clearfield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Clearfield competition to find correlations between indicators driving Clearfield's intrinsic value. More Info.

Clearfield is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Clearfield is roughly 4.84 . At present, Clearfield's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Clearfield by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Most indicators from Clearfield's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearfield 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 Clearfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.At present, Clearfield's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.74, whereas Enterprise Value Over EBITDA is projected to grow to (10.96).

	2023	2024	2025	2026 (projected)
Gross Profit	28.9M	50.5M	58.1M	61.0M
Total Revenue	166.7M	150.1M	172.7M	181.3M

Gross Profit Total Revenue

Clearfield fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Currrent Assets Other	Short Term Debt	Accounts Payable	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.94	0.88	0.99	0.9	0.1	0.98	0.65	0.92	0.93	0.63	0.47	0.8	0.87	0.78	0.94	0.87	0.94	0.99	0.59	0.65	0.92	0.52	-0.37	-0.01	0.49
Other Current Liab	0.94		0.94	0.91	0.77	0.18	0.93	0.55	0.97	0.79	0.63	0.39	0.82	0.74	0.87	0.84	0.91	0.88	0.88	0.56	0.58	0.92	0.58	-0.34	0.04	0.49
Total Current Liabilities	0.88	0.94		0.83	0.85	0.38	0.9	0.52	0.88	0.66	0.85	0.4	0.94	0.85	0.66	0.7	0.99	0.76	0.84	0.79	0.43	0.96	0.82	-0.34	0.22	0.45
Total Stockholder Equity	0.99	0.91	0.83		0.87	0.02	0.97	0.67	0.91	0.96	0.55	0.48	0.73	0.83	0.79	0.97	0.8	0.95	0.99	0.51	0.67	0.88	0.43	-0.36	-0.06	0.49
Property Plant And Equipment Net	0.9	0.77	0.85	0.87		0.29	0.92	0.63	0.72	0.8	0.81	0.43	0.88	0.98	0.49	0.77	0.88	0.81	0.93	0.83	0.54	0.92	0.7	-0.38	0.13	0.38
Net Debt	0.1	0.18	0.38	0.02	0.29		0.2	-0.5	0.15	-0.17	0.53	-0.23	0.56	0.3	0.05	-0.16	0.45	0.11	0.08	0.65	0.18	0.38	0.57	0.09	0.41	-0.28
Retained Earnings	0.98	0.93	0.9	0.97	0.92	0.2		0.6	0.91	0.88	0.69	0.4	0.83	0.89	0.73	0.88	0.89	0.92	0.97	0.65	0.63	0.93	0.59	-0.43	0.1	0.42
Cash	0.65	0.55	0.52	0.67	0.63	-0.5	0.6		0.48	0.72	0.41	0.58	0.4	0.62	0.32	0.7	0.48	0.51	0.69	0.32	0.15	0.53	0.32	-0.41	-0.16	0.61
Non Current Assets Total	0.92	0.97	0.88	0.91	0.72	0.15	0.91	0.48		0.78	0.56	0.43	0.75	0.67	0.88	0.84	0.85	0.88	0.85	0.47	0.62	0.85	0.5	-0.35	0.1	0.53
Cash And Short Term Investments	0.93	0.79	0.66	0.96	0.8	-0.17	0.88	0.72	0.78		0.37	0.44	0.57	0.76	0.73	0.98	0.64	0.91	0.95	0.37	0.67	0.76	0.23	-0.31	-0.23	0.43
Net Receivables	0.63	0.63	0.85	0.55	0.81	0.53	0.69	0.41	0.56	0.37		0.38	0.87	0.85	0.2	0.38	0.87	0.43	0.63	0.93	0.12	0.79	0.97	-0.33	0.43	0.37
Common Stock Shares Outstanding	0.47	0.39	0.4	0.48	0.43	-0.23	0.4	0.58	0.43	0.44	0.38		0.32	0.43	0.26	0.53	0.37	0.39	0.47	0.27	0.24	0.33	0.31	-0.15	0.08	0.95
Non Current Liabilities Total	0.8	0.82	0.94	0.73	0.88	0.56	0.83	0.4	0.75	0.57	0.87	0.32		0.85	0.56	0.58	0.97	0.72	0.78	0.92	0.48	0.95	0.84	-0.32	0.19	0.34
Inventory	0.87	0.74	0.85	0.83	0.98	0.3	0.89	0.62	0.67	0.76	0.85	0.43	0.85		0.4	0.73	0.86	0.73	0.91	0.84	0.43	0.89	0.75	-0.34	0.17	0.36
Other Current Assets	0.78	0.87	0.66	0.79	0.49	0.05	0.73	0.32	0.88	0.73	0.2	0.26	0.56	0.4		0.79	0.64	0.87	0.71	0.21	0.76	0.69	0.15	-0.23	-0.25	0.38
Other Stockholder Equity	0.94	0.84	0.7	0.97	0.77	-0.16	0.88	0.7	0.84	0.98	0.38	0.53	0.58	0.73	0.79		0.67	0.92	0.94	0.36	0.66	0.77	0.26	-0.27	-0.22	0.53
Total Liab	0.87	0.91	0.99	0.8	0.88	0.45	0.89	0.48	0.85	0.64	0.87	0.37	0.97	0.86	0.64	0.67		0.76	0.83	0.85	0.45	0.97	0.84	-0.34	0.22	0.42
Property Plant And Equipment Gross	0.94	0.88	0.76	0.95	0.81	0.11	0.92	0.51	0.88	0.91	0.43	0.39	0.72	0.73	0.87	0.92	0.76		0.92	0.47	0.86	0.84	0.32	-0.34	-0.13	0.4
Total Current Assets	0.99	0.88	0.84	0.99	0.93	0.08	0.97	0.69	0.85	0.95	0.63	0.47	0.78	0.91	0.71	0.94	0.83	0.92		0.62	0.64	0.91	0.51	-0.36	-0.05	0.45
Short Long Term Debt Total	0.59	0.56	0.79	0.51	0.83	0.65	0.65	0.32	0.47	0.37	0.93	0.27	0.92	0.84	0.21	0.36	0.85	0.47	0.62		0.26	0.82	0.9	-0.24	0.29	0.22
Non Currrent Assets Other	0.65	0.58	0.43	0.67	0.54	0.18	0.63	0.15	0.62	0.67	0.12	0.24	0.48	0.43	0.76	0.66	0.45	0.86	0.64	0.26		0.54	0.01	-0.22	-0.19	0.22
Short Term Debt	0.92	0.92	0.96	0.88	0.92	0.38	0.93	0.53	0.85	0.76	0.79	0.33	0.95	0.89	0.69	0.77	0.97	0.84	0.91	0.82	0.54		0.73	-0.32	0.05	0.36
Accounts Payable	0.52	0.58	0.82	0.43	0.7	0.57	0.59	0.32	0.5	0.23	0.97	0.31	0.84	0.75	0.15	0.26	0.84	0.32	0.51	0.9	0.01	0.73		-0.25	0.5	0.31
Other Assets	-0.37	-0.34	-0.34	-0.36	-0.38	0.09	-0.43	-0.41	-0.35	-0.31	-0.33	-0.15	-0.32	-0.34	-0.23	-0.27	-0.34	-0.34	-0.36	-0.24	-0.22	-0.32	-0.25		-0.16	-0.22
Long Term Debt	-0.01	0.04	0.22	-0.06	0.13	0.41	0.1	-0.16	0.1	-0.23	0.43	0.08	0.19	0.17	-0.25	-0.22	0.22	-0.13	-0.05	0.29	-0.19	0.05	0.5	-0.16		0.06
Common Stock Total Equity	0.49	0.49	0.45	0.49	0.38	-0.28	0.42	0.61	0.53	0.43	0.37	0.95	0.34	0.36	0.38	0.53	0.42	0.4	0.45	0.22	0.22	0.36	0.31	-0.22	0.06

Click cells to compare fundamentals

Clearfield Account Relationship Matchups

Clearfield fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	229.1M	355.5M	315.3M	306.2M	352.1M	369.7M
Other Current Liab	18.0M	14.2M	16.5M	23.9M	27.5M	28.9M
Net Debt	20.2M	(21.3M)	(631K)	(12.7M)	(11.5M)	(12.0M)
Retained Earnings	94.8M	127.3M	115.0M	106.9M	122.9M	129.1M
Cash	16.7M	37.8M	14.1M	21.5M	24.7M	26.0M
Net Receivables	53.7M	28.4M	13.8M	18.0M	20.7M	21.7M
Inventory	82.2M	98.1M	56.1M	42.0M	48.3M	50.8M
Other Current Assets	1.8M	1.7M	30.7M	32.5M	37.4M	39.2M
Total Liab	81.5M	40.4M	39.5M	50.0M	57.5M	60.4M
Total Current Assets	160.1M	296.3M	229.6M	198.5M	228.3M	239.7M
Short Term Debt	7.8M	5.8M	5.1M	5.6M	6.5M	6.8M
Accounts Payable	24.1M	8.9M	2.8M	7.0M	8.1M	8.5M
Common Stock	137.3K	138K	153K	142K	158.7K	139.3K
Intangible Assets	6.4M	6.1M	4.7M	9.4M	10.8M	11.3M

Today, most investors in Clearfield Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Clearfield's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Clearfield growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.32

At present, Clearfield's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Clearfield February 12, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Clearfield help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Clearfield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Clearfield based on widely used predictive technical indicators. In general, we focus on analyzing Clearfield Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Clearfield's daily price indicators and compare them against related drivers.

	Information Ratio	(0.04)
	Maximum Drawdown	11.69
	Value At Risk	(4.80)
	Potential Upside	4.86

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Clearfield Financials

Clearfield Balance Sheet Chart

Net Income

(8.79 Million)

Clearfield Earnings Geography

Clearfield Stock Summary

Clearfield Key Financial Ratios

Clearfield Key Balance Sheet Accounts

Clearfield Key Income Statement Accounts

Clearfield Key Cash Accounts

Clearfield Financial Ratios Relationships

Clearfield fundamental ratios Correlations

Clearfield Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clearfield fundamental ratios Accounts

Price Earnings To Growth Ratio

1.32

Clearfield February 12, 2026 Opportunity Range

Complementary Tools for Clearfield Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets
Inventory	+ 0.98	Property Plant And Equipment Net

Cash	- 0.5	Net Debt
Other Assets	- 0.43	Retained Earnings
Other Assets	- 0.41	Cash
Other Assets	- 0.38	Property Plant And Equipment Net
Other Assets	- 0.37	Total Assets
Other Assets	- 0.36	Total Current Assets