Clearsign Financial Statements From 2010 to 2022

CLIR
 Stock
  

USD 1.23  0.01  0.81%   

Clearsign Combustion financial statements provide useful quarterly and yearly information to potential Clearsign Combustion investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Clearsign Combustion financial statements helps investors assess Clearsign Combustion's valuation, profitability, and current liquidity needs.
There are over eighty-eight available fundamental signals for Clearsign Combustion, which can be analyzed over time and compared to other ratios. Please make sure to validate Clearsign Combustion's prevailing fundamental performance against the performance between 2010 and 2022 to make sure the trends are evolving in the right direction.
Clearsign Combustion Average Assets are relatively stable at the moment as compared to the past year. Clearsign Combustion reported last year Average Assets of 11.76 Million. As of 06/29/2022, Enterprise Value is likely to grow to about 38.7 M, while Revenue Per Employee is likely to drop slightly above 22.4 K.
  
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Check Clearsign Combustion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clearsign main balance sheet or income statement drivers, such as Direct Expenses of 924, Cost of Revenue of 1.1 M or Interest Expense of 895, as well as many exotic indicators such as PPandE Turnover of 1.52, Accounts Payable Turnover of 0.57 or Accrued Expenses Turnover of 0.82. Clearsign financial statements analysis is a perfect complement when working with Clearsign Combustion Valuation or Volatility modules. It can also supplement various Clearsign Combustion Technical models. Continue to the analysis of Clearsign Combustion Correlation against competitors.

Clearsign Combustion Revenues

640,542

Share

Clearsign Combustion Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.8 M9.4 MM
Increasing
Slightly volatile
Cash and Equivalents7.2 M7.6 M5.3 M
Increasing
Slightly volatile
Investments6.2 M6.2 M6.8 M
Decreasing
Slightly volatile
Investments Current6.2 M6.2 M6.8 M
Decreasing
Slightly volatile
Property Plant and Equipment Net520.8 K530 K406.1 K
Increasing
Slightly volatile
Trade and Non Trade Receivables44.3 K29.7 K71.3 K
Decreasing
Slightly volatile
Trade and Non Trade Payables229.9 K224 K503.4 K
Increasing
Stable
Goodwill and Intangible Assets820 K799 K1.3 M
Increasing
Stable
Total Liabilities1.4 M1.1 M1.3 M
Increasing
Slightly volatile
Shareholders Equity8.4 M8.3 M6.7 M
Increasing
Slightly volatile
Accumulated Other Comprehensive Income8.1 K8.1 K8.9 K
Decreasing
Slightly volatile
Current AssetsMM6.3 M
Increasing
Slightly volatile
Assets Non Current1.8 M1.3 M1.8 M
Increasing
Slightly volatile
Current Liabilities1.1 M731 K1.1 M
Increasing
Slightly volatile
Liabilities Non Current322.9 K350 K237.7 K
Increasing
Slightly volatile
Total Debt542.7 K555 K433.2 K
Increasing
Slightly volatile
Debt Current200.8 K205 K151.6 K
Increasing
Slightly volatile
Debt Non Current368.2 K350 K337.9 K
Increasing
Very volatile
Shareholders Equity USD8.4 M8.3 M6.7 M
Increasing
Slightly volatile
Cash and Equivalents USD7.2 M7.6 M5.3 M
Increasing
Slightly volatile
Total Debt USD542.7 K555 K433.2 K
Increasing
Slightly volatile
Accounts Payable625.9 K760.5 K583.9 K
Increasing
Slightly volatile
Receivables92.2 K92.7 K101.4 K
Decreasing
Slightly volatile

Clearsign Combustion Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues640.5 K698 K354.6 K
Increasing
Slightly volatile
Cost of Revenue1.1 M1.1 M313.4 K
Increasing
Slightly volatile
Selling General and Administrative Expense5.4 MM4.6 M
Increasing
Slightly volatile
Research and Development ExpenseM2.7 M2.6 M
Increasing
Slightly volatile
Operating Expenses8.3 M7.7 M7.1 M
Increasing
Slightly volatile
Interest Expense895900984
Decreasing
Slightly volatile
Weighted Average Shares25.9 M31.2 M16.2 M
Increasing
Slightly volatile
Weighted Average Shares Diluted25.9 M31.2 M16.2 M
Increasing
Slightly volatile
Revenues USD640.5 K698 K354.6 K
Increasing
Slightly volatile
Gross Profit(463.9 K)(452 K)(56.2 K)
Decreasing
Slightly volatile
Direct Expenses924900134.4 K
Decreasing
Very volatile

Clearsign Combustion Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals8.6 MM(2.5 M)
Increasing
Slightly volatile
Net Cash Flow from Financing8.2 M5.7 M8.2 M
Increasing
Stable
Issuance Repayment of Debt Securities 311.4 K288.6 K189.5 K
Increasing
Slightly volatile
Issuance Purchase of Equity Shares8.2 M5.7 M8.2 M
Increasing
Stable
Net Cash Flow from Investing(229.8 K)(213 K)(602.5 K)
Increasing
Very volatile
Effect of Exchange Rate Changes on Cash 8.1 K8.1 K8.9 K
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(1.2 M)(1.2 M)560.6 K
Decreasing
Very volatile
Share Based Compensation670.1 K713 K736.9 K
Decreasing
Stable
Depreciation Amortization and Accretion256.1 K260 K196.1 K
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Return on Invested Capital(8.33)(8.12)8.4683
Decreasing
Slightly volatile
Gross Margin(0.69)(0.67)(0.0816)
Decreasing
Slightly volatile
Asset Turnover0.05930.05980.0332
Increasing
Slightly volatile
Sales per Share0.02650.02180.0171
Increasing
Slightly volatile
Price to Sales Ratio65.5863.9495
Decreasing
Slightly volatile
Price to Book Value7.885.26110.7091
Decreasing
Stable
Debt to Equity Ratio0.130.1310.3893
Decreasing
Slightly volatile
Current Ratio9.4910.9776.3026
Increasing
Slightly volatile
Book Value per Share0.330.2650.4339
Decreasing
Stable
Tangible Assets Book Value per Share0.340.2740.4415
Decreasing
Stable
Total Assets Per Share0.420.370.4902
Decreasing
Very volatile
PPandE Turnover1.521.511.2254
Increasing
Slightly volatile
Cash and Equivalents Turnover0.420.390.2096
Increasing
Slightly volatile
Accounts Payable Turnover0.570.640.5123
Increasing
Slightly volatile
Accrued Expenses Turnover0.820.760.5205
Increasing
Slightly volatile
Quick Ratio4.494.524.9411
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets68.1963.218.5064
Increasing
Slightly volatile
Revenue to Assets0.02630.02560.0399
Increasing
Stable

Clearsign Combustion Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Capitalization46.3 M43.6 M52.8 M
Decreasing
Very volatile
Enterprise Value38.7 M35.3 M44.6 M
Decreasing
Very volatile
Invested Capital717.8 K781 K497.6 K
Increasing
Slightly volatile
Average Equity10.3 M10.3 M7.9 M
Increasing
Slightly volatile
Average Assets11.8 M11.8 M9.2 M
Increasing
Slightly volatile
Invested Capital AverageM971.8 K352.8 K
Increasing
Slightly volatile
Tangible Asset Value8.5 M8.6 M6.7 M
Increasing
Slightly volatile
Working Capital6.9 M7.3 M5.1 M
Increasing
Slightly volatile
Revenue Per Employee22.4 K26.5 K17.6 K
Increasing
Slightly volatile

Clearsign Fundamental Market Drivers

Short Percent Of Float1.77%
Forward Price Earnings-7.75
Shares Short Prior Month459.8k
Average Daily Volume Last 10 Day68.72k
Average Daily Volume In Three Month58.03k
Date Short Interest29th of April 2022
Fifty Day Average1.2520
Two Hundred Day Average1.4866

Clearsign Upcoming Events

Upcoming Quarterly Report30th of March 2022
Next Financial Report21st of June 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End30th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Clearsign Combustion Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Clearsign Combustion income statement, its balance sheet, and the statement of cash flows. Clearsign Combustion investors use historical funamental indicators, such as Clearsign Combustion's revenue or net income, to determine how well the company is positioned to perform in the future. Although Clearsign Combustion investors may use each financial statement separately, they are all related. The changes in Clearsign Combustion's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clearsign Combustion's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Clearsign Combustion Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Clearsign Combustion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue1.1 M1.1 M
Revenues698 K640.5 K
Revenue to Assets 0.0256  0.0263 
Revenue Per Employee26.5 K22.4 K
ClearSign Technologies Corporation designs and develops products and technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the Peoples Republic of China. ClearSign Technologies Corporation was incorporated in 2008 and is headquartered in Tulsa, Oklahoma. Clearsign Combustion operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.

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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.

Clearsign Combustion Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 equities. 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 CorrelationCorrelation Matching
Continue to the analysis of Clearsign Combustion Correlation against competitors. Note that the Clearsign Combustion information on this page should be used as a complementary analysis to other Clearsign Combustion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Clearsign Combustion's industry 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 Clearsign Combustion. If investors know Clearsign 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 Clearsign Combustion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
45.1 M
Return On Assets
-0.43
Return On Equity
-0.76
The market value of Clearsign Combustion is measured differently than its book value, which is the value of Clearsign that is recorded on the company's balance sheet. Investors also form their own opinion of Clearsign Combustion's value that differs from its market value or its book value, called intrinsic value, which is Clearsign Combustion'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 Clearsign Combustion's market value can be influenced by many factors that don't directly affect Clearsign Combustion'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 Clearsign Combustion's value and its price as these two are different measures arrived at by different means. Investors typically determine Clearsign Combustion value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearsign Combustion'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.