Clearfield, Inc. balance sheet CLFD

As of Jun 30, 2026, Clearfield, Inc. had total assets of $267.1 million and total liabilities of $21.2 million. Total assets were down 15.1% from a year earlier. Stockholders' equity was $245.9 million. It held $155.1 million in cash and investments against $10.3 million of total debt, net cash of $144.8 million. The current ratio, current assets divided by current liabilities, was 12.53.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Sep 30, 2025
FY 2024
Sep 30, 2024
FY 2023
Sep 30, 2023
FY 2022
Sep 30, 2022
FY 2021
Sep 30, 2021
FY 2020
Sep 30, 2020
FY 2019
Sep 30, 2019
FY 2018
Sep 30, 2018
FY 2017
Sep 30, 2017
FY 2016
Sep 30, 2016
Assets
Cash
20
-39.6%
21
+51.9%
14
-62.6%
38
+127.2%
17
+26.0%
13
-19.7%
16
+63.2%
10
+17.9%
9
-53.9%
19
-33.8%
28
+55.0%
Short-term investments
81
-3.1%
84
-26.4%
115
-11.9%
130
+2145.5%
6
-44.1%
10
-2.0%
11
-21.8%
14
+51.4%
9
+50.4%
6
+7.4%
6
-30.3%
Long-term investments
54
+34.2%
60
+144.1%
25
+286.3%
6
-72.1%
23
-38.4%
37
+46.8%
25
+5.2%
24
+33.0%
18
-9.3%
20
+85.1%
11
+29.1%
Cash and investments
155
-1.4%
166
+8.0%
153
-12.0%
174
+286.0%
45
-25.3%
61
+16.0%
52
+9.8%
48
+34.0%
35
-20.0%
44
+0.1%
44
+29.0%
Receivables
22
-17.1%
18
+30.0%
14
-51.2%
28
-47.1%
54
+176.3%
19
+85.2%
10
+15.1%
9
-28.9%
13
+77.1%
7
-9.5%
8
+33.1%
Inventory
33
-37.9%
42
-25.1%
56
-42.8%
98
+19.3%
82
+198.7%
28
+91.0%
14
+59.9%
9
-10.3%
10
+18.9%
8
+1.0%
8
+16.6%
Total current assets
171
-19.6%
198
-13.5%
230
-22.5%
296
+85.0%
160
+123.9%
72
+36.1%
53
+23.6%
43
+3.4%
41
-0.1%
41
-19.5%
51
+25.4%
Property and equipment, net
9
-53.1%
10
-39.0%
16
-26.3%
22
+18.1%
18
+264.7%
5
+0.9%
5
-8.5%
5
+14.1%
5
-12.7%
5
-6.0%
6
+1.6%
Goodwill
—
5
-28.9%
7
+1.5%
7
+2.0%
6
+36.0%
5
+0.0%
5
+0.0%
5
+0.0%
5
+83.2%
3
+0.0%
3
+0.0%
Total assets
267
-15.1%
306
-2.9%
315
-11.3%
356
+55.2%
229
+82.0%
126
+32.1%
95
+16.4%
82
+10.3%
74
+6.8%
69
-1.6%
71
+22.5%
Liabilities and equity
Accounts payable
5
-41.1%
7
+152.5%
3
-68.7%
9
-63.1%
24
+161.7%
9
+149.8%
4
+16.3%
3
+34.3%
2
+35.8%
2
-32.4%
3
+9.1%
Total current liabilities
14
-62.0%
37
+50.3%
24
-16.0%
29
-43.9%
52
+152.5%
20
+96.6%
10
+57.6%
7
+32.7%
5
+17.4%
4
-42.2%
7
+45.8%
Total liabilities
21
-57.9%
50
+26.6%
40
-2.1%
40
-50.5%
82
+269.2%
22
+76.1%
13
+80.4%
7
+29.9%
5
+7.7%
5
-37.9%
8
+26.0%
Stockholders' equity
246
-7.0%
256
-7.1%
276
-12.5%
315
+113.6%
148
+42.1%
104
+25.5%
83
+10.4%
75
+8.8%
69
+6.7%
65
+3.1%
63
+22.1%
Debt
Debt due within a year
—
—
2
0
19
—
—
—
—
—
—
Long-term debt
—
—
—
—
—
0
—
—
—
—
—
Lease liabilities
10
-44.3%
9
-45.7%
16
+12.3%
14
+4.1%
14
+445.4%
3
-9.5%
3
—
—
—
—
Total debt
10
-50.6%
9
-52.3%
18
+27.8%
14
+4.1%
32
+1183.2%
3
-9.5%
3
—
—
—
—
Net cash
145
+6.0%
157
+16.2%
135
-15.6%
160
+409.8%
13
-78.0%
58
+17.4%
49
—
—
—
—
Ratios
Current ratio
12.53x
5.42x
9.43x
10.21x
3.10x
3.49x
5.04x
6.43x
8.25x
9.70x
6.96x
Debt to equity
0.04x
0.03x
0.07x
0.05x
0.22x
0.02x
0.03x
—
—
—
—
Debt to EBITDA
1.79x
1.06x
—
0.34x
0.48x
0.09x
0.26x
—
—
—
—
Return on equity
-2.94%
-3.14%
-4.52%
10.32%
33.45%
19.58%
8.81%
6.09%
6.21%
5.96%
12.80%
Return on assets
-2.70%
-2.63%
-3.95%
9.15%
21.54%
16.14%
7.65%
5.58%
5.76%
5.54%
11.35%
Book value per share
18.09
18.51
19.38
20.66
10.68
7.56
6.06
5.49
5.05
4.67
4.43
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Telephone & Telegraph Apparatus (SIC 3661)
Listed as
CLFD (Nasdaq)
Fiscal year ends
September 30
Incorporated in
MN
Headquarters
Brooklyn Park, MN
SEC filer status
Accelerated filer
SEC CIK
796505
Former names
APA Enterprises, Inc. (until Dec 21, 2007); APA OPTICS INC /MN/ (until Nov 5, 2004)

Other Telephone & Telegraph Apparatus companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.