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
- Ciena Corp CIEN
- Fabrinet FN
- ADTRAN Holdings, Inc. ADTN
- Audiocodes Ltd AUDC
- Franklin Wireless Corp FKWL
- Voip-pal.com Inc VPLM
- Clearone Inc CLRO
- DNA X, Inc. SONM
Source: SEC EDGAR filings. This is company-reported data, not investment advice.