Clearfield, Inc. financial data

Symbol
CLFD on Nasdaq
Industry
Telephone & Telegraph Apparatus
Location
7050 Winnetka Ave. N., Suite 100, Brooklyn Park, MN
State of incorporation
Minnesota
Fiscal year end
September 30
Former names
APA Enterprises, Inc. (to 12/21/2007), APA OPTICS INC /MN/ (to 11/5/2004)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 983 % +61.6%
Quick Ratio 324 % +49.2%
Debt-to-equity 13.3 % -41.5%
Return On Equity -3.06 % -117%
Return On Assets -2.7 % -119%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14.2M shares -6.71%
Common Stock, Shares, Outstanding 14.2M shares -6.71%
Entity Public Float 603M USD -19.3%
Common Stock, Value, Issued 142K USD -7.19%
Weighted Average Number of Shares Outstanding, Basic 14.2M shares -6.59%
Weighted Average Number of Shares Outstanding, Diluted 14.2M shares -6.59%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 170M USD -46%
Cost of Revenue 139M USD -31.4%
Operating Income (Loss) -18.5M USD -132%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.7M USD -119%
Income Tax Expense (Benefit) -2.74M USD -120%
Net Income (Loss) Attributable to Parent -8.93M USD -119%
Earnings Per Share, Basic -0.63 USD/shares -120%
Earnings Per Share, Diluted -0.62 USD/shares -119%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 25.6M USD -18.4%
Accounts Receivable, after Allowance for Credit Loss, Current 27.6M USD -13.5%
Inventory, Net 74.9M USD -28.7%
Other Assets, Current 9.88M USD +142%
Assets, Current 236M USD -22.1%
Deferred Income Tax Assets, Net 5.51M USD +453%
Property, Plant and Equipment, Net 21.5M USD +0.79%
Operating Lease, Right-of-Use Asset 15.9M USD +7.89%
Intangible Assets, Net (Excluding Goodwill) 6.4M USD +0.87%
Goodwill 6.55M USD
Other Assets, Noncurrent 1.82M USD +22.4%
Assets 318M USD -11.9%
Accounts Payable, Current 9.05M USD -22.3%
Employee-related Liabilities, Current 7.15M USD -2.27%
Accrued Liabilities, Current 3.03M USD -9.18%
Liabilities, Current 28.2M USD -23.7%
Long-term Debt and Lease Obligation 2.14M USD
Deferred Income Tax Liabilities, Net 67K USD -91.4%
Operating Lease, Liability, Noncurrent 13.1M USD +13.6%
Liabilities 43.5M USD -11.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 15K USD
Retained Earnings (Accumulated Deficit) 116M USD -7.1%
Stockholders' Equity Attributable to Parent 275M USD -12%
Liabilities and Equity 318M USD -11.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.83M USD +610%
Net Cash Provided by (Used in) Financing Activities -12.2M USD
Net Cash Provided by (Used in) Investing Activities 908K USD
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 14.2M shares -6.71%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.34M USD -124%
Interest Paid, Excluding Capitalized Interest, Operating Activities 86K USD -58%
Deferred Tax Assets, Gross 4.51M USD +47.7%
Operating Lease, Liability 16.4M USD +7.02%
Payments to Acquire Property, Plant, and Equipment 6.94M USD -29.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -8.65M USD -118%
Lessee, Operating Lease, Liability, to be Paid 19.9M USD +17.6%
Property, Plant and Equipment, Gross 37.1M USD +25.3%
Operating Lease, Liability, Current 3.23M USD -13.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.22M USD +22.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.28M USD +1.54%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +83.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.5M USD +120%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.44M USD +5.63%
Deferred Tax Assets, Operating Loss Carryforwards 201K USD -21.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 500K shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.03M USD +91.3%
Operating Lease, Payments 4.2M USD +10.3%
Additional Paid in Capital 159M USD -15.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 427K USD +52.5%
Depreciation, Depletion and Amortization 7.19M USD +21%
Share-based Payment Arrangement, Expense 4.51M USD +41.2%
Interest Expense 712K USD -21.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%