Clearfield Financials

CLFD Stock  USD 38.37  0.51  1.35%   
Based on the measurements of operating efficiency obtained from Clearfield's historical financial statements, Clearfield is not in a good financial situation at this time. It has a very high probability of going through financial hardship in February. 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 29.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 12.2 M. Key indicators impacting Clearfield's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.0830.0874
Notably Down
Slightly volatile
Current Ratio3.313.4853
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 monitor Clearfield's cash flow, debt, and profitability to make informed and accurate decisions about investing in Clearfield.

Net Income

(13.6 Million)

  
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.
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 Comtech Telecommunicatio, Knowles Cor, Extreme Networks, KVH Industries, and NETGEAR. 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
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS18482P1030
CUSIP18482P103 001853100
LocationMinnesota; U.S.A
Business Address7050 Winnetka Avenue
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.seeclearfield.com
Phone763 476 6866
CurrencyUSD - US Dollar

Clearfield Key Financial Ratios

Clearfield Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets125.9M229.1M355.5M315.3M362.6M380.7M
Other Current Liab8.5M18.0M5.7M11.4M13.1M13.7M
Net Debt(10.7M)20.2M(15.1M)2.2M2.0M2.1M
Retained Earnings45.4M94.8M127.3M115.0M132.2M138.8M
Cash13.2M16.7M37.8M16.2M18.6M11.5M
Net Receivables19.4M53.7M28.4M21.3M24.5M25.7M
Inventory27.5M82.2M98.1M66.8M76.8M80.6M
Other Current Assets953.9K1.8M1.7M10.5M12.1M12.7M
Total Liab22.1M81.5M40.4M39.5M45.4M47.7M
Total Current Assets71.5M160.1M296.3M229.6M264.0M277.2M
Short Term Debt1.8M7.8M5.8M6.3M7.2M7.6M
Accounts Payable9.2M24.1M8.9M6.7M7.7M8.1M
Other Assets210.9K445.0K784.4K(1K)(900.0)(855.0)
Common Stock137.3K138K153K142K163.3K138.8K
Intangible Assets4.7M6.4M6.1M6.3M7.3M7.7M
Net Tangible Assets74.9M73.2M94.4M134.8M155.0M162.8M
Capital Surpluse57.0M57.5M58.2M54.5M62.7M61.4M

Clearfield Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense500.1K311K881K506K581.9K407.1K
Total Revenue140.8M270.9M268.7M166.7M191.7M201.3M
Gross Profit61.2M112.9M85.3M28.9M33.2M17.5M
Operating Income25.2M63.8M37.3M(23.2M)(26.7M)(25.4M)
Ebit25.2M63.8M37.3M(15.8M)(18.1M)(17.2M)
Ebitda27.5M67.2M43.3M(8.3M)(9.6M)(9.1M)
Cost Of Revenue79.6M157.9M183.4M137.8M158.5M166.4M
Income Before Tax25.7M63.8M41.6M(16.3M)(18.7M)(17.8M)
Net Income20.3M49.4M32.5M(12.5M)(14.3M)(13.6M)
Income Tax Expense5.4M14.5M9.1M(3.8M)(4.4M)(4.2M)
Research Development1.3M1.2M895K3.1M3.6M3.8M
Tax Provision5.4M14.5M9.1M(3.8M)(4.4M)(4.2M)
Net Interest Income500.1K(311K)(881K)(506K)(455.4K)(432.6K)

Clearfield Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(13.1M)(43.7M)(15.1M)32.0M28.8M30.2M
Change In Cash(3.2M)3.4M21.2M(21.7M)(19.5M)(18.5M)
Free Cash Flow8.9M(8.1M)11.6M12.7M14.6M15.3M
Depreciation2.3M3.4M6.1M7.4M8.5M8.9M
Other Non Cash Items202.3K(29K)(3.5M)(4.4M)(4.0M)(3.8M)
Capital Expenditures2.0M9.1M8.4M9.6M11.0M11.6M
Net Income20.3M49.4M32.5M(12.5M)(14.3M)(13.6M)
End Period Cash Flow13.2M16.7M37.8M16.2M18.6M12.4M
Investments(11.6M)17.1M(112.2M)(6.9M)(6.2M)(6.5M)
Change Receivables3.5M(1.4M)(9.2M)(24.2M)(21.8M)(20.7M)
Change To Netincome1.9M499.5K1.3M2.0M2.3M1.8M

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 . 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.

Clearfield Systematic Risk

Clearfield's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Clearfield volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Clearfield correlated with the market. If Beta is less than 0 Clearfield generally moves in the opposite direction as compared to the market. If Clearfield Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Clearfield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Clearfield is generally in the same direction as the market. If Beta > 1 Clearfield moves generally in the same direction as, but more than the movement of the benchmark.
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 January 18, 2025 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.

Complementary Tools for Clearfield Stock analysis

When running Clearfield's price analysis, check to measure Clearfield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clearfield is operating at the current time. Most of Clearfield's value examination focuses on studying past and present price action to predict the probability of Clearfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearfield's price. Additionally, you may evaluate how the addition of Clearfield to your portfolios can decrease your overall portfolio volatility.
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