ClearSign Retained Earnings vs Net Debt Analysis

CLIR Stock

USD 1.12 0.09 8.74%

ClearSign Combustion financial indicator trend analysis is way more than just evaluating ClearSign Combustion prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ClearSign Combustion is a good investment. Please check the relationship between ClearSign Combustion Retained Earnings and its Net Debt accounts. 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.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ClearSign Combustion Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between ClearSign Combustion's Retained Earnings and Net Debt is 0.43. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of ClearSign Combustion, assuming nothing else is changed. The correlation between historical values of ClearSign Combustion's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ClearSign Combustion are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., ClearSign Combustion's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from ClearSign Combustion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of 11/28/2024, Enterprise Value is likely to grow to about 46.1 M, while Selling General Administrative is likely to drop slightly above 5 M.

	2021	2023	2024 (projected)
Net Interest Income	1K	285K	299.3K
Interest Income	1K	900.0	855.0

Net Interest Income Interest Income

ClearSign Combustion fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Short Term Debt
Total Assets		0.39	0.39	0.99	0.44	-0.91	-0.48	0.5	0.91	0.47	0.99	0.58	0.47	0.62	0.43	0.26	0.99	0.48	0.34	0.43	0.4	0.5	-0.39	0.17	0.3	0.5
Other Current Liab	0.39		0.72	0.34	-0.15	-0.13	-0.02	0.41	0.11	0.69	0.29	0.05	-0.02	0.08	0.6	-0.22	0.3	0.05	0.1	-0.09	-0.03	0.42	-0.34	-0.22	0.04	-0.21
Total Current Liabilities	0.39	0.72		0.29	0.07	-0.22	-0.53	0.44	0.23	0.56	0.28	0.48	0.46	0.56	0.95	0.2	0.31	0.49	0.46	0.33	0.05	0.74	-0.65	-0.06	0.34	-0.07
Total Stockholder Equity	0.99	0.34	0.29		0.43	-0.92	-0.43	0.47	0.92	0.42	0.99	0.53	0.42	0.57	0.33	0.24	0.99	0.43	0.29	0.39	0.39	0.42	-0.33	0.17	0.25	0.5
Property Plant And Equipment Net	0.44	-0.15	0.07	0.43		-0.39	-0.49	0.43	0.42	0.26	0.42	0.63	0.45	0.54	0.25	0.49	0.43	0.49	0.25	0.87	0.49	0.3	-0.33	0.13	0.24	0.56
Net Debt	-0.91	-0.13	-0.22	-0.92	-0.39		0.43	-0.3	-1.0	-0.35	-0.92	-0.52	-0.46	-0.54	-0.28	-0.31	-0.91	-0.44	-0.13	-0.39	-0.45	-0.38	0.4	-0.24	-0.34	-0.46
Retained Earnings	-0.48	-0.02	-0.53	-0.43	-0.49	0.43		-0.2	-0.45	-0.14	-0.46	-0.96	-0.98	-0.94	-0.66	-0.82	-0.49	-0.95	-0.65	-0.7	-0.12	-0.8	0.7	-0.21	-0.48	-0.45
Accounts Payable	0.5	0.41	0.44	0.47	0.43	-0.3	-0.2		0.32	0.46	0.44	0.29	0.11	0.26	0.44	-0.16	0.45	0.16	0.52	0.24	0.2	0.37	-0.08	0.01	0.23	0.04
Cash	0.91	0.11	0.23	0.92	0.42	-1.0	-0.45	0.32		0.35	0.92	0.53	0.46	0.58	0.3	0.31	0.92	0.44	0.18	0.42	0.48	0.4	-0.38	0.27	0.37	0.51
Non Current Assets Total	0.47	0.69	0.56	0.42	0.26	-0.35	-0.14	0.46	0.35		0.33	0.15	0.06	0.22	0.59	-0.1	0.32	0.06	0.05	0.12	0.6	0.59	-0.42	0.04	0.57	0.24
Cash And Short Term Investments	0.99	0.29	0.28	0.99	0.42	-0.92	-0.46	0.44	0.92	0.33		0.56	0.46	0.59	0.32	0.28	1.0	0.48	0.31	0.41	0.32	0.4	-0.33	0.17	0.21	0.48
Common Stock Total Equity	0.58	0.05	0.48	0.53	0.63	-0.52	-0.96	0.29	0.53	0.15	0.56		0.96	0.9	0.61	0.81	0.59	0.97	0.57	0.79	0.12	0.73	-0.71	0.22	0.39	0.43
Common Stock Shares Outstanding	0.47	-0.02	0.46	0.42	0.45	-0.46	-0.98	0.11	0.46	0.06	0.46	0.96		0.88	0.57	0.86	0.49	0.98	0.54	0.68	0.03	0.73	-0.73	0.16	0.39	0.36
Other Stockholder Equity	0.62	0.08	0.56	0.57	0.54	-0.54	-0.94	0.26	0.58	0.22	0.59	0.9	0.88		0.69	0.71	0.63	0.85	0.66	0.74	0.29	0.77	-0.58	0.25	0.5	0.61
Total Liab	0.43	0.6	0.95	0.33	0.25	-0.28	-0.66	0.44	0.3	0.59	0.32	0.61	0.57	0.69		0.31	0.35	0.59	0.49	0.47	0.2	0.85	-0.68	0.11	0.54	0.12
Property Plant And Equipment Gross	0.26	-0.22	0.2	0.24	0.49	-0.31	-0.82	-0.16	0.31	-0.1	0.28	0.81	0.86	0.71	0.31		0.3	0.84	0.3	0.7	-0.02	0.49	-0.64	-0.1	0.17	0.38
Total Current Assets	0.99	0.3	0.31	0.99	0.43	-0.91	-0.49	0.45	0.92	0.32	1.0	0.59	0.49	0.63	0.35	0.3		0.51	0.35	0.43	0.32	0.43	-0.35	0.18	0.22	0.49
Common Stock	0.48	0.05	0.49	0.43	0.49	-0.44	-0.95	0.16	0.44	0.06	0.48	0.97	0.98	0.85	0.59	0.84	0.51		0.53	0.73	-0.03	0.7	-0.76	0.13	0.29	0.27
Other Current Assets	0.34	0.1	0.46	0.29	0.25	-0.13	-0.65	0.52	0.18	0.05	0.31	0.57	0.54	0.66	0.49	0.3	0.35	0.53		0.32	0.02	0.54	-0.17	0.22	0.32	0.35
Property Plant Equipment	0.43	-0.09	0.33	0.39	0.87	-0.39	-0.7	0.24	0.42	0.12	0.41	0.79	0.68	0.74	0.47	0.7	0.43	0.73	0.32		0.29	0.41	-0.56	0.05	0.17	0.43
Short Long Term Debt Total	0.4	-0.03	0.05	0.39	0.49	-0.45	-0.12	0.2	0.48	0.6	0.32	0.12	0.03	0.29	0.2	-0.02	0.32	-0.03	0.02	0.29		0.28	-0.18	0.39	0.66	0.69
Other Liab	0.5	0.42	0.74	0.42	0.3	-0.38	-0.8	0.37	0.4	0.59	0.4	0.73	0.73	0.77	0.85	0.49	0.43	0.7	0.54	0.41	0.28		-0.68	0.13	0.74	0.36
Non Currrent Assets Other	-0.39	-0.34	-0.65	-0.33	-0.33	0.4	0.7	-0.08	-0.38	-0.42	-0.33	-0.71	-0.73	-0.58	-0.68	-0.64	-0.35	-0.76	-0.17	-0.56	-0.18	-0.68		0.01	-0.33	-0.07
Other Assets	0.17	-0.22	-0.06	0.17	0.13	-0.24	-0.21	0.01	0.27	0.04	0.17	0.22	0.16	0.25	0.11	-0.1	0.18	0.13	0.22	0.05	0.39	0.13	0.01		0.46	0.45
Non Current Liabilities Total	0.3	0.04	0.34	0.25	0.24	-0.34	-0.48	0.23	0.37	0.57	0.21	0.39	0.39	0.5	0.54	0.17	0.22	0.29	0.32	0.17	0.66	0.74	-0.33	0.46		0.52
Short Term Debt	0.5	-0.21	-0.07	0.5	0.56	-0.46	-0.45	0.04	0.51	0.24	0.48	0.43	0.36	0.61	0.12	0.38	0.49	0.27	0.35	0.43	0.69	0.36	-0.07	0.45	0.52

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ClearSign Combustion Account Relationship Matchups

ClearSign Combustion fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.9M	11.1M	9.4M	10.9M	7.6M	8.1M
Other Current Liab	226K	236K	13K	338K	813K	591.3K
Total Current Liabilities	1.3M	1.1M	731K	1.1M	2.3M	1.2M
Total Stockholder Equity	9.2M	9.5M	8.3M	9.6M	5.2M	6.7M
Net Debt	(8.0M)	(8.2M)	(7.1M)	(6.1M)	(5.5M)	(5.8M)
Retained Earnings	(68.0M)	(74.9M)	(82.8M)	(88.5M)	(93.7M)	(89.0M)
Accounts Payable	845K	435K	224K	296K	256K	444.5K
Cash	8.6M	8.8M	7.6M	6.5M	5.7M	5.4M
Non Current Assets Total	2.0M	1.7M	1.3M	1.2M	1.1M	1.7M
Cash And Short Term Investments	8.6M	8.8M	7.6M	9.1M	5.7M	6.1M
Common Stock Shares Outstanding	26.7M	27.8M	31.2M	35.3M	38.5M	40.4M
Liabilities And Stockholders Equity	10.9M	11.1M	9.4M	10.9M	7.6M	8.1M
Other Stockholder Equity	77.2M	84.4M	91.0M	98.1M	98.9M	53.9M
Total Liab	1.7M	1.6M	1.1M	1.4M	2.4M	1.4M
Total Current Assets	9.0M	9.4M	8.0M	9.7M	6.5M	6.5M
Accumulated Other Comprehensive Income	(1.4M)	(1.6M)	9K	(8K)	(17K)	(17.9K)
Other Current Assets	391K	466K	345K	577K	350K	353.6K
Property Plant Equipment	457K	665K	416K	530K	609.5K	379.7K
Short Long Term Debt Total	595K	669K	555K	359K	172K	163.4K
Non Current Liabilities Total	418K	500K	350K	226K	172K	256.1K
Short Term Debt	177K	338K	410K	266K	71K	67.5K
Intangible Assets	1.3M	1.3M	799K	798K	836K	1.1M
Retained Earnings Total Equity	(50.0M)	(59.5M)	(68.0M)	(74.9M)	(67.4M)	(64.0M)
Net Tangible Assets	15.2M	7.9M	8.2M	7.5M	8.6M	6.4M
Capital Surpluse	52.4M	76.4M	77.2M	84.4M	97.1M	57.3M
Current Deferred Revenue	50K	94K	84K	247K	1.1M	1.2M
Long Term Debt Total	195K	91K	418K	251K	288.7K	287.8K

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

0.61	EBON	Ebang International	Pair Corr
0.72	KVHI	KVH Industries	Pair Corr

Moving against ClearSign Stock

0.75	BKRKF	PT Bank Rakyat	Pair Corr
0.74	PPERF	Bank Mandiri Persero	Pair Corr
0.72	PPERY	Bank Mandiri Persero	Pair Corr
0.65	MCHP	Microchip Technology	Pair Corr
0.63	LGMK	LogicMark	Pair Corr

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 Correlation Correlation 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.

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