Clearsign Fundamentals

CLIR
 Stock
  

USD 1.26  0.05  4.13%   

Clearsign Combustion fundamentals help investors to digest information that contributes to Clearsign Combustion's financial success or failures. It also enables traders to predict the movement of Clearsign Stock. The fundamental analysis module provides a way to measure Clearsign Combustion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clearsign Combustion stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Clearsign Combustion Direct Expenses is relatively stable at the moment as compared to the past year. Clearsign Combustion reported last year Direct Expenses of 900.00. As of 07/02/2022, Cost of Revenue is likely to grow to about 1.1 M, while Earning Before Interest and Taxes EBIT is likely to drop (8.5 M).

Clearsign Number of Shares Shorted Analysis

Clearsign Combustion's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
 2016 2017 2021 2022 (projected)
Accounts Payable Turnover0.990.710.640.57
PPandE Turnover4.641.681.511.52
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
More About Number of Shares Shorted | All Equity Analysis

Current Clearsign Combustion Number of Shares Shorted

    
  453.1 K  
Most of Clearsign Combustion's fundamental indicators, such as Number of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clearsign Combustion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Compare to competition

Based on the recorded statements, Clearsign Combustion has 453.1 K of outstending shares currently sold short by investors. This is 85.41% lower than that of the Industrials sector and 69.58% lower than that of the Pollution & Treatment Controls industry. The number of shares shorted for all United States stocks is 90.37% higher than that of the company.

Clearsign Combustion Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Clearsign Combustion's current stock value. Our valuation model uses many indicators to compare Clearsign Combustion value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Clearsign Combustion competition to find correlations between indicators driving Clearsign Combustion's intrinsic value. More Info.
Clearsign Combustion is number one stock in debt to equity category among related companies. It is number one stock in number of shares shorted category among related companies making about  6,762,687  of Number of Shares Shorted per Debt to Equity. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Clearsign Combustion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Clearsign Combustion's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Clearsign Combustion's earnings, one of the primary drivers of an investment's value.

Clearsign Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clearsign Combustion's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clearsign Combustion could also be used in its relative valuation, which is a method of valuing Clearsign Combustion by comparing valuation metrics of similar companies.
Clearsign Combustion is currently under evaluation in working capital category among related companies.

Clearsign Combustion Current Valuation Drivers

We derive many important indicators used in calculating different scores of Clearsign Combustion from analyzing Clearsign Combustion's financial statements. These drivers represent accounts that assess Clearsign Combustion's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clearsign Combustion's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(557.12 K)(537.78 K)(527.78 K)(565.27 K)(650.06 K)(701.38 K)
Average Assets7.49 M16.37 M13.58 M10.44 M11.76 M11.79 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(9.38 M)(9.23 M)(8.24 M)(6.67 M)(7.63 M)(8.23 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(9.38 M)(9.23 M)(8.24 M)(6.67 M)(7.63 M)(8.23 M)
Earnings before Tax(9.68 M)(9.5 M)(8.48 M)(6.88 M)(7.89 M)(8.51 M)
Average Equity5.93 M14.57 M11.89 M8.61 M10.33 M10.27 M
Enterprise Value53.06 M9.35 M12.93 M78.1 M35.34 M38.65 M
Free Cash Flow(8.35 M)(8.48 M)(6.92 M)(5.98 M)(6.78 M)(7.32 M)
Invested Capital(122 K)6.6 M402 K584 K781 K717.84 K
Invested Capital Average334.25 K1.43 M2.84 M419.25 K971.75 K1.05 M
Market Capitalization56.18 M27.19 M20.36 M88.03 M43.57 M46.34 M
Tangible Asset Value2.31 M16.88 M9.66 M9.82 M8.56 M8.54 M
Working Capital263 K14.77 M7.68 M8.3 M7.29 M6.94 M

Clearsign Fundamentals

About Clearsign Combustion Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearsign Combustion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearsign Combustion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearsign Combustion based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clearsign Combustion without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Clearsign Combustion Piotroski F Score and Clearsign Combustion Altman Z Score analysis. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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
44 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.