Company logo

CLFD - Clearfield, Inc.

NASDAQ -> Technology -> Communication Equipment
Minneapolis, United States
Type: Equity

CLFD price evolution
CLFD
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 1 May 2023
Current assets
Cash $34.48 $37.83 $31.39 $137.08
Short term investments $128.35 $130.29 $130.73 $19.98
Net receivables $17.36 $28.39 $31.94 $39.38
Inventory $94.61 $98.06 $105 $100.84
Total current assets $276.62 $296.25 $303.14 $300.94
Long term investments $6.5 $6.34 $6.56 $8.53
Property, plant & equipment $36.17 $35.39 $36.09 $33.03
Goodwill & intangible assets $12.6 $12.62 $12.93 $13.05
Total noncurrent assets $59.01 $59.26 $58.06 $56.45
Total investments $134.86 $136.63 $137.28 $28.51
Total assets $335.63 $355.52 $361.2 $357.39
Current liabilities
Accounts payable $7.37 $8.89 $11.64 $16.68
Deferred revenue
Short long term debt $9.56 $12.14 $14.62 $12.01
Total current liabilities $24.95 $29 $36.91 $40.05
Long term debt $9.97 $10.63 $11.57 $11.12
Total noncurrent liabilities $10.58 $11.35 $12.35 $11.95
Total debt $19.53 $22.77 $26.19 $23.13
Total liabilities $35.53 $40.35 $49.27 $52
Shareholders' equity
Retained earnings $122.15 $127.34 $124.64 $119.42
Other shareholder equity $0.48 -$0.54 -$0.27 -$0.23
Total shareholder equity $300.1 $315.16 $311.93 $305.4
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $37.83 $16.65 $13.22 $16.45
Short term investments $130.29 $5.8 $10.37 $10.58
Net receivables $28.39 $53.7 $19.44 $10.5
Inventory $98.06 $82.21 $27.52 $14.41
Total current assets $296.25 $160.12 $71.51 $52.52
Long term investments $6.34 $22.75 $36.91 $25.14
Property, plant & equipment $35.39 $31.48 $7.3 $7.65
Goodwill & intangible assets $12.62 $12.78 $9.4 $9.54
Total noncurrent assets $59.26 $69.01 $54.4 $42.77
Total investments $136.63 $28.55 $47.29 $35.73
Total assets $355.52 $229.13 $125.91 $95.3
Current liabilities
Accounts payable $8.89 $24.12 $9.21 $3.69
Deferred revenue
Short long term debt $12.14 $7.78 $0.91 $0.67
Total current liabilities $29 $51.69 $20.47 $10.41
Long term debt $10.63 $29.08 $1.62 $2.13
Total noncurrent liabilities $11.35 $29.85 $1.62 $2.13
Total debt $22.77 $36.85 $2.53 $2.79
Total liabilities $40.35 $81.55 $22.09 $12.54
Shareholders' equity
Retained earnings $127.34 $94.8 $45.44 $25.11
Other shareholder equity -$0.54 -$1.9
Total shareholder equity $315.16 $147.58 $103.82 $82.75
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $49.69 $61.28 $71.81
Cost of revenue $37.69 $42.21 $48.25
Gross Profit $11.99 $19.07 $23.56
Operating activities
Research & development
Selling, general & administrative $10.28 $13.45 $11.51
Total operating expenses $10.28 $13.45 $11.51
Operating income $1.72 $5.63 $12.05
Income from continuing operations
EBIT $3.59 $7.25 $13.45
Income tax expense $0.57 $1.84 $2.97
Interest expense $0.33 $0.2 $0.11
Net income
Net income $2.7 $5.22 $10.36
Income (for common shares) $2.7 $5.22 $10.36
(in millions $) 31 Jan 2024 31 Jan 2023 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $93.07
Cost of revenue $55.16
Gross Profit $37.91
Operating activities
Research & development
Selling, general & administrative $29.53
Total operating expenses $29.53
Operating income $8.38
Income from continuing operations
EBIT $9.15
Income tax expense $1.86
Interest expense
Net income
Net income $7.29
Income (for common shares) $7.29
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income -$5.27 $2.7 $5.22 $10.36
Operating activities
Depreciation $1.7 $1.64 $1.59 $1.47
Business acquisitions & disposals
Stock-based compensation $1.27 $1.07 $1.06 $0.78
Total cash flows from operations $7.83 $6.53 $3.34 $9.04
Investing activities
Capital expenditures -$2.41 -$1.85 -$1.73 -$2.58
Investments $3.32 $1.98 -$107.46 $100.5
Total cash flows from investing $0.91 $0.13 -$109.19 $97.91
Financing activities
Dividends paid
Sale and purchase of stock -$12.17 -$0.27 $0.31
Net borrowings
Total cash flows from financing -$12.17 -$0.27 $0.29 -$0.13
Effect of exchange rate $0.09 $0.05 -$0.13 -$0.06
Change in cash and equivalents -$3.34 $6.44 -$105.7 $106.77
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $32.53 $49.36 $20.33 $7.29
Operating activities
Depreciation $6.05 $3.41 $2.3 $2.42
Business acquisitions & disposals -$16.19
Stock-based compensation $3.58 $2.34 $1.28 $0.77
Total cash flows from operations $20.01 $1 $10.9 $6.66
Investing activities
Capital expenditures -$8.38 -$9.15 -$2.05 -$1.81
Investments -$103.86 $17.14 -$11.55 $1.77
Total cash flows from investing -$112.25 -$8.2 -$13.6 -$0.04
Financing activities
Dividends paid
Sale and purchase of stock $130.61 -$0.86 -$0.07 -$0.07
Net borrowings -$16.7 $16.7
Total cash flows from financing $113.42 $10.65 -$0.54 -$0.25
Effect of exchange rate -$0 -$0.02
Change in cash and equivalents $21.18 $3.43 -$3.23 $6.37
Fundamentals
Market cap $447.89M
Enterprise value $432.93M
Shares outstanding 14.99M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 1.49
Book/Share 19.99
Cash/Share 2.30
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.13
Net debt/EBITDA N/A
Current ratio 11.09
Quick ratio 7.29