ClearSign Historical Financial Ratios
| CLIR Stock | USD 1.18 0.05 4.42% |
ClearSign Combustion is presently reporting on over 107 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 8.64 or Days Sales Outstanding of 77.7 will help investors to properly organize and evaluate ClearSign Combustion financial condition quickly.
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About ClearSign Financial Ratios Analysis
ClearSign CombustionFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate ClearSign Combustion investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on ClearSign financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across ClearSign Combustion history.
ClearSign Combustion Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing ClearSign Combustion stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ClearSign Combustion sales, a figure that is much harder to manipulate than other ClearSign Combustion multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to ClearSign Combustion. There are two different methods for calculating ClearSign Combustion invested capital: operating approach and financing approach. Understanding ClearSign Combustion invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most ratios from ClearSign Combustion's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into ClearSign Combustion current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 ClearSign Combustion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in ClearSign Stock, please use our How to Invest in ClearSign Combustion guide.At this time, ClearSign Combustion's Receivables Turnover is relatively stable compared to the past year. As of 11/25/2024, Graham Net Net is likely to grow to 0.18, while Book Value Per Share is likely to drop 0.13.
| 2023 | 2024 (projected) | Payables Turnover | 6.2 | 6.51 | Days Of Inventory On Hand | 0.001177 | 0.001119 |
ClearSign Combustion fundamentals Correlations
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ClearSign Combustion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ClearSign Combustion fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 102.43 | 43.84 | 71.0 | 51.02 | 17.78 | 16.9 | |
| Ptb Ratio | 2.2 | 8.55 | 5.2 | 2.0 | 8.23 | 8.64 | |
| Days Sales Outstanding | 124.37 | 26.86 | 43.29 | 96.62 | 72.15 | 77.7 | |
| Book Value Per Share | 0.16 | 0.74 | 0.35 | 0.34 | 0.27 | 0.13 | |
| Free Cash Flow Yield | (0.38) | (0.36) | (0.0755) | (0.27) | (0.0803) | (0.0843) | |
| Operating Cash Flow Per Share | (0.37) | (0.26) | (0.21) | (0.14) | (0.084) | (0.0882) | |
| Stock Based Compensation To Revenue | 0.68 | 0.42 | 1.12 | 1.0 | 0.26 | 0.25 | |
| Capex To Depreciation | 1.74 | 0.92 | 0.82 | 0.56 | 0.47 | 0.45 | |
| Pb Ratio | 2.2 | 8.55 | 5.2 | 2.0 | 8.23 | 8.64 | |
| Ev To Sales | 100.78 | 27.53 | 59.38 | 34.74 | 15.52 | 14.74 | |
| Free Cash Flow Per Share | (0.39) | (0.27) | (0.22) | (0.15) | (0.0892) | (0.0936) | |
| Roic | (0.57) | (0.9) | (0.69) | (0.96) | (1.14) | (1.19) | |
| Net Income Per Share | (0.42) | (0.31) | (0.25) | (0.15) | (0.13) | (0.14) | |
| Payables Turnover | 0.001183 | 0.64 | 4.73 | 0.87 | 6.2 | 6.51 | |
| Sales General And Administrative To Revenue | 9.56 | 10.73 | 8.26 | 15.32 | 2.52 | 2.4 | |
| Research And Ddevelopement To Revenue | 8.73 | 7.62 | 4.42 | 1.35 | 0.31 | 0.29 | |
| Capex To Revenue | 0.78 | 0.95 | 0.35 | 0.44 | 0.0832 | 0.0791 | |
| Cash Per Share | 0.0812 | 0.7 | 0.32 | 0.24 | 0.26 | 0.15 | |
| Pocfratio | (2.94) | (13.68) | (6.43) | (3.82) | (13.22) | (13.88) | |
| Capex To Operating Cash Flow | (0.0606) | (0.0325) | (0.0318) | (0.0329) | (0.0619) | (0.065) | |
| Pfcf Ratio | (2.77) | (13.24) | (6.23) | (3.7) | (12.45) | (13.07) | |
| Roe | (0.57) | (0.91) | (0.72) | (0.95) | (1.0) | (1.05) | |
| Ev To Operating Cash Flow | (1.79) | (12.31) | (5.37) | (2.6) | (11.54) | (12.11) | |
| Pe Ratio | (2.42) | (11.93) | (5.46) | (3.53) | (8.23) | (8.64) | |
| Ev To Free Cash Flow | (1.69) | (11.92) | (5.21) | (2.52) | (10.86) | (11.41) | |
| Current Ratio | 6.92 | 8.69 | 10.98 | 8.49 | 2.89 | 4.38 | |
| Receivables Turnover | 2.93 | 13.59 | 8.43 | 3.78 | 5.06 | 7.3 | |
| Graham Number | 1.56 | 1.38 | 1.23 | 0.96 | 0.64 | 0.61 | |
| Shareholders Equity Per Share | 0.16 | 0.74 | 0.35 | 0.34 | 0.27 | 0.13 | |
| Debt To Equity | 0.0192 | 0.044 | 0.0248 | 0.0139 | 0.0137 | 0.013 | |
| Capex Per Share | 0.0157 | 0.006969 | 0.00682 | 0.004641 | 0.005195 | 0.004935 |
Pair Trading with ClearSign Combustion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ClearSign Combustion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ClearSign Combustion will appreciate offsetting losses from the drop in the long position's value.Moving together with ClearSign Stock
| 0.67 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.76 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.73 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against ClearSign Stock
| 0.75 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.68 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.64 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to ClearSign Combustion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClearSign Combustion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ClearSign Combustion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ClearSign Combustion to buy it.
The correlation of ClearSign Combustion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ClearSign Combustion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClearSign Combustion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ClearSign Combustion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ClearSign Stock Analysis
When running ClearSign Combustion's price analysis, check to measure ClearSign Combustion'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 ClearSign Combustion is operating at the current time. Most of ClearSign Combustion's value examination focuses on studying past and present price action to predict the probability of ClearSign Combustion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ClearSign Combustion's price. Additionally, you may evaluate how the addition of ClearSign Combustion to your portfolios can decrease your overall portfolio volatility.