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Clearfield (Clearfield) Gross-Profit-to-Asset % : 3.48% (As of Mar. 2024)


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What is Clearfield Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Clearfield's annualized Gross Profit for the quarter that ended in Mar. 2024 was $11.3 Mil. Clearfield's average Total Assets over the quarter that ended in Mar. 2024 was $325.5 Mil. Therefore, Clearfield's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.48%.


Clearfield Gross-Profit-to-Asset % Historical Data

The historical data trend for Clearfield's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clearfield Gross-Profit-to-Asset % Chart

Clearfield Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.88 42.80 55.31 63.63 29.17

Clearfield Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.58 21.23 13.39 5.44 3.48

Competitive Comparison of Clearfield's Gross-Profit-to-Asset %

For the Communication Equipment subindustry, Clearfield's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clearfield's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Clearfield's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Clearfield's Gross-Profit-to-Asset % falls into.



Clearfield Gross-Profit-to-Asset % Calculation

Clearfield's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=85.279/( (229.128+355.517)/ 2 )
=85.279/292.3225
=29.17 %

Clearfield's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=11.328/( (335.629+315.403)/ 2 )
=11.328/325.516
=3.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Clearfield Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Clearfield's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Clearfield (Clearfield) Business Description

Industry
Traded in Other Exchanges
Address
7050 Winnetka Avenue North, Suite 100, Brooklyn Park, MN, USA, 55428
Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.
Executives
Carol Ann Wirsbinski director 7050 WINNETKA AVE. N., STE. 100, BROOKLYN PARK MN 55428
Ronald G Roth director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Jones Walter Louis Jr director 7050 WINNETKA AVE N,, SUITE 100, BROOKLYN PARK MN 55428
Roger G Harding director 7050 WINNETKA AVE. N. SUITE 100, BROOKLYN PARK MN 55428
Donald R. Hayward director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Daniel R Herzog other: Comptroller 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Cheri B Podzimek other: President of Subsidiary 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
John P Hill officer: Chief Operating Officer 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Charles N Hayssen director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Patrick Goepel director 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428
Clearfield, Inc. director, officer: Chief Executive Officer 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Zucherman Stephen L Md director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Reddan John G Jr director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Bruce G. Blackey officer: Chief Financial Officer 5480 NATHAN LANE #120, PLYMOUTH MN 55442
Anil K Jain director 4 WEST BAY LANE, NORTH OAKS MN 55127