Clearfield Free Cash Flow Yield vs Price Cash Flow Ratio Analysis
CLFD Stock | USD 29.98 0.92 2.98% |
Clearfield financial indicator trend analysis is way more than just evaluating Clearfield prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearfield is a good investment. Please check the relationship between Clearfield Free Cash Flow Yield and its Price Cash Flow Ratio accounts. 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 census. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
Free Cash Flow Yield vs Price Cash Flow Ratio
Free Cash Flow Yield vs Price Cash Flow Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearfield Free Cash Flow Yield account and Price Cash Flow Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Clearfield's Free Cash Flow Yield and Price Cash Flow Ratio is 0.0. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Clearfield, assuming nothing else is changed. The correlation between historical values of Clearfield's Free Cash Flow Yield and Price Cash Flow Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Clearfield are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Free Cash Flow Yield i.e., Clearfield's Free Cash Flow Yield and Price Cash Flow Ratio go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price Cash Flow Ratio
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 census. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.At present, Clearfield's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 112.9M | 85.3M | 28.9M | 17.5M | Total Revenue | 270.9M | 268.7M | 166.7M | 175.0M |
Clearfield fundamental ratios Correlations
Click cells to compare fundamentals
Clearfield Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearfield fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 95.3M | 125.9M | 229.1M | 355.5M | 315.3M | 331.0M | |
Other Current Liab | 5.4M | 8.5M | 18.0M | 5.7M | 11.4M | 11.9M | |
Total Current Liabilities | 10.4M | 20.5M | 51.7M | 29.0M | 24.4M | 25.6M | |
Total Stockholder Equity | 82.8M | 103.8M | 147.6M | 315.2M | 275.8M | 289.6M | |
Property Plant And Equipment Net | 7.6M | 7.3M | 31.5M | 35.4M | 39.8M | 41.7M | |
Net Debt | (13.7M) | (10.7M) | 20.2M | (15.1M) | 2.2M | 2.3M | |
Retained Earnings | 25.1M | 45.4M | 94.8M | 127.3M | 115.0M | 120.7M | |
Cash | 16.4M | 13.2M | 16.7M | 37.8M | 16.2M | 11.5M | |
Non Current Assets Total | 42.8M | 54.4M | 69.0M | 59.3M | 85.7M | 90.0M | |
Cash And Short Term Investments | 27.0M | 23.6M | 22.5M | 168.1M | 131.0M | 137.5M | |
Net Receivables | 10.5M | 19.4M | 53.7M | 28.4M | 21.3M | 22.4M | |
Common Stock Shares Outstanding | 13.6M | 13.8M | 13.9M | 15.0M | 14.6M | 12.2M | |
Liabilities And Stockholders Equity | 95.3M | 125.9M | 229.1M | 355.5M | 315.3M | 331.0M | |
Inventory | 14.4M | 27.5M | 82.2M | 98.1M | 66.8M | 70.1M | |
Other Current Assets | 585.4K | 953.9K | 1.8M | 1.7M | 10.5M | 11.1M | |
Other Stockholder Equity | 57.5M | 58.2M | 54.5M | 188.2M | 159.6M | 167.6M | |
Total Liab | 12.5M | 22.1M | 81.5M | 40.4M | 39.5M | 41.5M | |
Property Plant And Equipment Gross | 7.6M | 7.3M | 18.2M | 35.4M | 60.7M | 63.8M | |
Total Current Assets | 52.5M | 71.5M | 160.1M | 296.3M | 229.6M | 241.1M | |
Non Currrent Assets Other | 266.9K | 419.0K | 581K | 1.9M | 2.3M | 2.4M | |
Non Current Liabilities Total | 2.1M | 1.6M | 29.9M | 11.4M | 15.2M | 15.9M | |
Accounts Payable | 3.7M | 9.2M | 24.1M | 8.9M | 6.7M | 7.1M | |
Other Assets | 210.9K | 445.0K | 784.4K | (1K) | (900.0) | (855.0) | |
Common Stock Total Equity | 136.4K | 136.5K | 137.3K | 138K | 158.7K | 138.4K | |
Common Stock | 136.5K | 137.3K | 138K | 153K | 142K | 138.8K | |
Property Plant Equipment | 5.4M | 5.1M | 7.3M | 31.5M | 36.2M | 38.0M | |
Short Term Investments | 10.6M | 10.4M | 5.8M | 130.3M | 114.8M | 120.6M | |
Intangible Assets | 4.8M | 4.7M | 6.4M | 6.1M | 6.3M | 3.3M | |
Net Tangible Assets | 74.9M | 73.2M | 94.4M | 134.8M | 155.0M | 162.8M | |
Retained Earnings Total Equity | 17.8M | 25.1M | 45.4M | 94.8M | 109.0M | 114.5M | |
Capital Surpluse | 57.0M | 57.5M | 58.2M | 54.5M | 62.7M | 61.4M | |
Long Term Investments | 25.1M | 36.9M | 22.7M | 6.3M | 24.5M | 17.2M |
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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 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 census. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.