Clearfield Net Tangible Assets from 2010 to 2026

CLFD Stock  USD 29.08  1.39  4.56%   
Clearfield's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 162.8 M this year. Net Tangible Assets is the total assets of Clearfield minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
292.4 M
Current Value
299 M
Quarterly Volatility
61.4 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Clearfield financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clearfield's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 0.0 or Selling General Administrative of 58.5 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0 or PTB Ratio of 0.91. Clearfield financial statements analysis is a perfect complement when working with Clearfield Valuation or Volatility modules.
  
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Check out the analysis of Clearfield Correlation against competitors.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
Analyzing Clearfield's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing Clearfield's current valuation and future prospects.

Latest Clearfield's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Clearfield over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Clearfield's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clearfield's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Clearfield Net Tangible Assets Regression Statistics

Arithmetic Mean87,010,299
Geometric Mean74,724,490
Coefficient Of Variation53.16
Mean Deviation40,278,122
Median73,215,720
Standard Deviation46,257,639
Sample Variance2139.8T
Range139.1M
R-Value0.97
Mean Square Error113.8T
R-Squared0.95
Slope8,929,100
Total Sum of Squares34236.3T

Clearfield Net Tangible Assets History

2026162.8 M
2025155 M
2021134.8 M
202094.4 M
201973.2 M
201874.9 M
201768.9 M

About Clearfield Financial Statements

Clearfield stakeholders use historical fundamental indicators, such as Clearfield's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Clearfield investors may analyze each financial statement separately, they are all interrelated. For example, changes in Clearfield's assets and liabilities are reflected in the revenues and expenses on Clearfield's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Clearfield. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets155 M162.8 M

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When determining whether Clearfield is a strong investment it is important to analyze Clearfield's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clearfield's future performance. For an informed investment choice regarding Clearfield Stock, refer to the following important reports:
Check out the analysis of Clearfield Correlation against competitors.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Will Communications Equipment sector continue expanding? Could Clearfield diversify its offerings? Factors like these will boost the valuation of Clearfield. Projected growth potential of Clearfield fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Clearfield data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.85)
Earnings Share
0.46
Revenue Per Share
10.732
Quarterly Revenue Growth
0.023
Return On Assets
0.0043
Investors evaluate Clearfield using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Clearfield's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Clearfield's market price to deviate significantly from intrinsic value.
It's important to distinguish between Clearfield's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Clearfield should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Clearfield's market price signifies the transaction level at which participants voluntarily complete trades.