ClearSign Historical Income Statement

CLIR Stock  USD 1.18  0.05  4.42%   
Historical analysis of ClearSign Combustion income statement accounts such as Interest Expense of 234.3 K, Other Operating Expenses of 7.3 M or Research Development of 702 K can show how well ClearSign Combustion performed in making a profits. Evaluating ClearSign Combustion income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ClearSign Combustion's future profits or losses.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining ClearSign Combustion latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ClearSign Combustion is a good buy for the upcoming year.
  
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.

About ClearSign Income Statement Analysis

ClearSign Combustion Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ClearSign Combustion shareholders. The income statement also shows ClearSign investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ClearSign Combustion Income Statement Chart

At this time, ClearSign Combustion's Interest Expense is relatively stable compared to the past year. As of 11/25/2024, Total Operating Expenses is likely to grow to about 7 M, while Other Operating Expenses is likely to drop slightly above 7.3 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ClearSign Combustion. It is also known as ClearSign Combustion overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from ClearSign Combustion's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Interest Expense is relatively stable compared to the past year. As of 11/25/2024, Total Operating Expenses is likely to grow to about 7 M, while Other Operating Expenses is likely to drop slightly above 7.3 M.
 2021 2023 2024 (projected)
Net Interest Income1K285K299.3K
Interest Income1K900.0855.0

ClearSign Combustion income statement Correlations

0.340.8-0.75-0.740.48-0.720.77-0.70.86-0.670.37-0.490.370.20.42-0.450.17-0.220.28-0.380.06-0.15
0.340.040.120.12-0.490.14-0.030.220.320.220.94-0.770.820.80.730.38-0.36-0.580.87-0.490.57-0.79
0.80.04-0.98-0.980.82-0.970.99-0.950.91-0.940.15-0.110.30.130.36-0.830.4-0.010.13-0.18-0.04-0.07
-0.750.12-0.981.0-0.891.0-0.990.99-0.860.990.030.0-0.110.03-0.180.89-0.48-0.10.040.120.21-0.07
-0.740.12-0.981.0-0.91.0-0.990.99-0.860.990.030.0-0.110.02-0.180.89-0.48-0.110.040.120.21-0.07
0.48-0.490.82-0.89-0.9-0.90.86-0.930.56-0.92-0.390.24-0.17-0.24-0.11-0.950.570.33-0.340.17-0.30.35
-0.720.14-0.971.01.0-0.9-0.991.0-0.850.990.05-0.02-0.10.03-0.160.9-0.49-0.120.050.10.22-0.08
0.77-0.030.99-0.99-0.990.86-0.99-0.980.89-0.970.06-0.070.210.090.25-0.860.470.070.06-0.15-0.12-0.02
-0.70.22-0.950.990.99-0.931.0-0.98-0.810.990.13-0.07-0.020.1-0.10.91-0.5-0.150.130.060.26-0.16
0.860.320.91-0.86-0.860.56-0.850.89-0.81-0.820.36-0.290.390.260.42-0.60.28-0.150.31-0.380.06-0.19
-0.670.22-0.940.990.99-0.920.99-0.970.99-0.820.14-0.080.00.12-0.070.91-0.5-0.160.150.060.27-0.18
0.370.940.150.030.03-0.390.050.060.130.360.14-0.660.940.790.90.3-0.3-0.570.92-0.540.54-0.89
-0.49-0.77-0.110.00.00.24-0.02-0.07-0.07-0.29-0.08-0.66-0.59-0.62-0.49-0.260.260.46-0.620.45-0.430.53
0.370.820.3-0.11-0.11-0.17-0.10.21-0.020.390.00.94-0.590.850.950.1-0.25-0.520.91-0.350.61-0.91
0.20.80.130.030.02-0.240.030.090.10.260.120.79-0.620.850.650.18-0.1-0.230.92-0.230.74-0.84
0.420.730.36-0.18-0.18-0.11-0.160.25-0.10.42-0.070.9-0.490.950.650.03-0.3-0.620.78-0.360.46-0.82
-0.450.38-0.830.890.89-0.950.9-0.860.91-0.60.910.3-0.260.10.180.03-0.58-0.290.26-0.080.29-0.28
0.17-0.360.4-0.48-0.480.57-0.490.47-0.50.28-0.5-0.30.26-0.25-0.1-0.3-0.580.83-0.08-0.27-0.320.27
-0.22-0.58-0.01-0.1-0.110.33-0.120.07-0.15-0.15-0.16-0.570.46-0.52-0.23-0.62-0.290.83-0.280.03-0.270.43
0.280.870.130.040.04-0.340.050.060.130.310.150.92-0.620.910.920.780.26-0.08-0.28-0.510.6-0.91
-0.38-0.49-0.180.120.120.170.1-0.150.06-0.380.06-0.540.45-0.35-0.23-0.36-0.08-0.270.03-0.510.130.36
0.060.57-0.040.210.21-0.30.22-0.120.260.060.270.54-0.430.610.740.460.29-0.32-0.270.60.13-0.46
-0.15-0.79-0.07-0.07-0.070.35-0.08-0.02-0.16-0.19-0.18-0.890.53-0.91-0.84-0.82-0.280.270.43-0.910.36-0.46
Click cells to compare fundamentals

ClearSign Combustion Account Relationship Matchups

ClearSign Combustion income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization240K210K260K292K299K211.7K
Other Operating Expenses8.6M6.9M8.8M6.3M8.4M7.3M
Operating Income(8.6M)(6.9M)(8.1M)(5.9M)(6.0M)(6.3M)
Ebit(8.6M)(6.9M)(7.9M)(5.8M)(6.0M)(6.3M)
Research Development3.1M2.0M2.7M505K739K702.1K
Ebitda(8.3M)(6.7M)(7.6M)(5.5M)(5.7M)(6.0M)
Total Operating Expenses8.6M6.7M7.7M6.0M6.8M7.0M
Net Income(8.4M)(6.8M)(7.9M)(5.4M)(5.2M)(5.5M)
Selling General Administrative5.5M4.6M5.0M5.7M6.1M5.0M
Income Before Tax(8.5M)(6.9M)(7.9M)(5.8M)(5.2M)(5.5M)
Total Other Income Expense Net101K46K253K359K787K826.4K
Income Tax Expense(104K)(48K)(2K)(359K)(323.1K)(306.9K)
Gross Profit(1K)(279K)(452K)116K817K857.9K
Cost Of Revenue1K279K1.1M258K1.6M1.7M
Net Income From Continuing Ops(8.5M)(6.9M)(7.9M)(5.8M)(5.6M)(5.8M)
Net Income Applicable To Common Shares(9.5M)(8.5M)(6.9M)(7.9M)(7.1M)(7.5M)
Interest Income71K101K2K1K900.0855.0
Net Interest Income101K2K1K83K285K299.3K
Reconciled Depreciation240K210K260K292K399K309.4K

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

  0.67EHGO Eshallgo Class A Downward RallyPairCorr
  0.76CSCO Cisco Systems Aggressive PushPairCorr
  0.73INTC Intel Fiscal Year End 23rd of January 2025 PairCorr

Moving against ClearSign Stock

  0.75MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.68KO Coca Cola Aggressive PushPairCorr
  0.64BA 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.
Pair CorrelationCorrelation Matching

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.