Clearfield Stock Total Asset

CLFD Stock  USD 30.27  0.21  0.70%   
Clearfield fundamentals help investors to digest information that contributes to Clearfield's financial success or failures. It also enables traders to predict the movement of Clearfield Stock. The fundamental analysis module provides a way to measure Clearfield's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clearfield stock.
Last ReportedProjected for Next Year
Total Assets315.3 M331 M
Intangibles To Total Assets 0.04  0.17 
The current year's Total Assets is expected to grow to about 331 M. The current year's Intangibles To Total Assets is expected to grow to 0.17.
  
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Clearfield Company Total Asset Analysis

Clearfield's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Clearfield Total Asset

    
  315.27 M  
Most of Clearfield's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clearfield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Clearfield Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Clearfield is extremely important. It helps to project a fair market value of Clearfield Stock properly, considering its historical fundamentals such as Total Asset. Since Clearfield's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clearfield's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clearfield's interrelated accounts and indicators.
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Clearfield Total Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Clearfield total asset as a starting point in their analysis.
   Clearfield Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Clearfield Total Assets

Total Assets

331.04 Million

At present, Clearfield's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Clearfield has a Total Asset of 315.27 M. This is 99.52% lower than that of the Communications Equipment sector and 97.06% lower than that of the Information Technology industry. The total asset for all United States stocks is 98.93% higher than that of the company.

Clearfield Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clearfield's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clearfield could also be used in its relative valuation, which is a method of valuing Clearfield by comparing valuation metrics of similar companies.
Clearfield is currently under evaluation in total asset category among its peers.

Clearfield Current Valuation Drivers

We derive many important indicators used in calculating different scores of Clearfield from analyzing Clearfield's financial statements. These drivers represent accounts that assess Clearfield's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clearfield's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap275.2M605.8M1.4B429.2M14.5M13.8M
Enterprise Value261.5M595.1M1.5B414.2M6.9M6.6M

Clearfield ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Clearfield's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Clearfield's managers, analysts, and investors.
Environmental
Governance
Social

Clearfield Institutional Holders

Institutional Holdings refers to the ownership stake in Clearfield that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clearfield's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clearfield's value.
Shares
Segall Bryant & Hamill2024-09-30
249.1 K
Morgan Stanley - Brokerage Accounts2024-06-30
243 K
Goldman Sachs Group Inc2024-06-30
238.6 K
Punch & Associates Inv Mgmt Inc2024-09-30
218.5 K
Divisadero Street Capital Management, Lp2024-09-30
209 K
Marshall Wace Asset Management Ltd2024-06-30
182.3 K
Federated Hermes Inc2024-09-30
177.5 K
G2 Investment Partners Management Llc2024-09-30
152.7 K
Dana Investment Advisors Inc2024-09-30
123.3 K
Blackrock Inc2024-06-30
M
Vanguard Group Inc2024-09-30
955 K

Clearfield Fundamentals

About Clearfield Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearfield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearfield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearfield based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Clearfield Piotroski F Score and Clearfield Altman Z Score analysis.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.