Clearfield Historical Balance Sheet
CLFD Stock | USD 31.27 0.28 0.89% |
Trend analysis of Clearfield balance sheet accounts such as Other Current Liab of 13.7 M, Total Current Liabilities of 29.4 M or Total Stockholder Equity of 333 M provides information on Clearfield's total assets, liabilities, and equity, which is the actual value of Clearfield to its prevalent stockholders. By breaking down trends over time using Clearfield balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Clearfield 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 Clearfield is a good buy for the upcoming year.
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About Clearfield Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Clearfield at a specified time, usually calculated after every quarter, six months, or one year. Clearfield Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clearfield and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clearfield currently owns. An asset can also be divided into two categories, current and non-current.
Clearfield Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Clearfield assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Clearfield books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Clearfield balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Clearfield are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Most accounts from Clearfield's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Clearfield current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 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 Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 29.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 12.2 M.
2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 5.7M | 11.4M | 13.1M | 13.7M | Total Assets | 355.5M | 315.3M | 362.6M | 380.7M |
Clearfield balance sheet Correlations
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Clearfield balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 125.9M | 229.1M | 355.5M | 315.3M | 362.6M | 380.7M | |
Other Current Liab | 8.5M | 18.0M | 5.7M | 11.4M | 13.1M | 13.7M | |
Total Current Liabilities | 20.5M | 51.7M | 29.0M | 24.4M | 28.0M | 29.4M | |
Total Stockholder Equity | 103.8M | 147.6M | 315.2M | 275.8M | 317.1M | 333.0M | |
Property Plant And Equipment Net | 7.3M | 31.5M | 35.4M | 39.8M | 45.7M | 48.0M | |
Net Debt | (10.7M) | 20.2M | (15.1M) | 2.2M | 2.0M | 2.1M | |
Retained Earnings | 45.4M | 94.8M | 127.3M | 115.0M | 132.2M | 138.8M | |
Cash | 13.2M | 16.7M | 37.8M | 16.2M | 18.6M | 11.5M | |
Non Current Assets Total | 54.4M | 69.0M | 59.3M | 85.7M | 98.5M | 103.5M | |
Cash And Short Term Investments | 23.6M | 22.5M | 168.1M | 131.0M | 150.6M | 158.2M | |
Net Receivables | 19.4M | 53.7M | 28.4M | 21.3M | 24.5M | 25.7M | |
Common Stock Shares Outstanding | 13.8M | 13.9M | 15.0M | 14.6M | 16.8M | 12.2M | |
Liabilities And Stockholders Equity | 125.9M | 229.1M | 355.5M | 315.3M | 362.6M | 380.7M | |
Inventory | 27.5M | 82.2M | 98.1M | 66.8M | 76.8M | 80.6M | |
Other Current Assets | 953.9K | 1.8M | 1.7M | 10.5M | 12.1M | 12.7M | |
Other Stockholder Equity | 58.2M | 54.5M | 188.2M | 159.6M | 183.5M | 192.7M | |
Total Liab | 22.1M | 81.5M | 40.4M | 39.5M | 45.4M | 47.7M | |
Property Plant And Equipment Gross | 7.3M | 18.2M | 35.4M | 60.7M | 69.8M | 73.3M | |
Total Current Assets | 71.5M | 160.1M | 296.3M | 229.6M | 264.0M | 277.2M | |
Non Currrent Assets Other | 419.0K | 581K | 1.9M | 2.3M | 2.7M | 2.8M | |
Non Current Liabilities Total | 1.6M | 29.9M | 11.4M | 15.2M | 17.4M | 18.3M | |
Short Long Term Debt Total | 2.5M | 36.9M | 22.8M | 18.4M | 21.1M | 22.2M | |
Short Term Debt | 1.8M | 7.8M | 5.8M | 6.3M | 7.2M | 7.6M | |
Accounts Payable | 9.2M | 24.1M | 8.9M | 6.7M | 7.7M | 8.1M | |
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 | 137.3K | 138K | 153K | 142K | 163.3K | 138.8K | |
Property Plant Equipment | 5.4M | 5.1M | 7.3M | 31.5M | 36.2M | 38.0M | |
Short Term Investments | 10.4M | 5.8M | 130.3M | 114.8M | 132.0M | 138.7M | |
Intangible Assets | 4.7M | 6.4M | 6.1M | 6.3M | 7.3M | 7.7M | |
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 | 36.9M | 22.7M | 6.3M | 24.5M | 28.2M | 17.2M |
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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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 (0.63) | Revenue Per Share | Quarterly Revenue Growth 0.036 | Return On Assets |
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.