ClearOne Financial Statements From 2010 to 2024

CLRO Stock  USD 0.57  0.01  1.79%   
ClearOne financial statements provide useful quarterly and yearly information to potential ClearOne 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 ClearOne financial statements helps investors assess ClearOne's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ClearOne's valuation are summarized below:
Gross Profit
12.8 M
Profit Margin
(0.23)
Market Capitalization
13.7 M
Enterprise Value Revenue
0.6597
Revenue
15 M
We have found one hundred twenty available fundamental signals for ClearOne, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate ClearOne's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 6th of November 2024, Market Cap is likely to grow to about 35.1 M, while Enterprise Value is likely to drop about 8.3 M.

ClearOne Total Revenue

31.3 Million

Check ClearOne financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ClearOne's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 623.5 K or Selling General Administrative of 8.2 M, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 1.06 or PTB Ratio of 0.55. ClearOne financial statements analysis is a perfect complement when working with ClearOne Valuation or Volatility modules.
  
Check out the analysis of ClearOne Correlation against competitors.
To learn how to invest in ClearOne Stock, please use our How to Invest in ClearOne guide.

ClearOne Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets42.3 M50.7 M65.5 M
Very volatile
Short and Long Term Debt Total631.8 K665 K3.7 M
Very volatile
Other Current Liabilities3.2 M1.9 M3.2 M
Pretty Stable
Total Current Liabilities7.6 M4.3 M8.8 M
Pretty Stable
Total Stockholder Equity33.3 M44.7 M54.7 M
Very volatile
Property Plant And Equipment Net2.4 M1.5 M1.9 M
Slightly volatile
Non Current Assets TotalM7.4 M24.8 M
Very volatile
Net Receivables3.1 M3.3 M10.9 M
Slightly volatile
Common Stock Shares Outstanding25.2 M24 M13.7 M
Slightly volatile
Liabilities And Stockholders Equity42.3 M50.7 M65.5 M
Very volatile
Non Current Liabilities Total1.5 M1.7 MM
Slightly volatile
Inventory7.7 M10.6 M11.1 M
Very volatile
Other Current Assets8.5 M8.1 M3.3 M
Slightly volatile
Other Stockholder Equity34 M46 M49.2 M
Slightly volatile
Total Liabilities9.1 MM10.8 M
Very volatile
Property Plant And Equipment Gross2.5 M1.6 M1.9 M
Slightly volatile
Total Current Assets28 M43.3 M40.1 M
Very volatile
Short Term Debt363.9 K383 KM
Slightly volatile
Cash18.7 M17.8 M12.4 M
Pretty Stable
Cash And Short Term Investments11.1 M21.3 M14.2 M
Slightly volatile
Accounts Payable2.3 M1.9 M2.9 M
Pretty Stable
Common Stock Total Equity11.3 K21.9 K12.9 K
Slightly volatile
Common Stock29 K27.6 K15 K
Slightly volatile
Current Deferred Revenue28.5 K30 KM
Slightly volatile
Other Assets4.7 M9.4 M6.7 M
Slightly volatile
Property Plant Equipment2.1 M2.1 M1.9 M
Very volatile
Good Will8.2 M16.1 M9.8 M
Slightly volatile
Intangible Assets1.6 M1.7 M7.4 M
Slightly volatile
Other Liabilities929 K589.5 KM
Slightly volatile
Net Tangible Assets39.9 M23.8 M45.1 M
Slightly volatile
Capital Surpluse54.5 M72.9 M52.3 M
Slightly volatile
Non Current Liabilities Other907.9 K907.2 K1.1 M
Pretty Stable
Deferred Long Term Asset Charges7.9 M7.5 M4.7 M
Slightly volatile
Net Invested Capital63 M89.5 M59.5 M
Slightly volatile
Net Working Capital83.7 M79.7 M33.8 M
Slightly volatile
Capital Stock21.8 K27.6 K19 K
Slightly volatile
Long Term Debt TotalM3.7 M2.6 M
Slightly volatile
Capital Lease Obligations1.4 MM2.2 M
Slightly volatile
Short and Long Term Debt2.9 M4.3 M1.5 M
Slightly volatile

ClearOne Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.3 M753 K1.8 M
Slightly volatile
Selling General Administrative8.2 M4.6 M6.2 M
Slightly volatile
Total Revenue31.3 M18.7 M35.8 M
Slightly volatile
Gross Profit6.3 M6.6 M18.8 M
Slightly volatile
Other Operating Expenses31.7 M20.2 M36.1 M
Very volatile
Cost Of Revenue14.6 M12.1 M16.3 M
Very volatile
Total Operating Expenses7.7 M8.1 M19.2 M
Pretty Stable
Research Development5.7 M3.7 M6.5 M
Pretty Stable
Selling And Marketing Expenses6.6 M4.9 M8.3 M
Slightly volatile
Non Recurring10.2 M11.4 M12.4 M
Slightly volatile
Reconciled Depreciation2.8 M4.1 M2.2 M
Slightly volatile

ClearOne Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow934.8 K984 K10.8 M
Slightly volatile
Capital Expenditures356.2 K375 K2.3 M
Slightly volatile
End Period Cash Flow18.7 M17.8 M12.5 M
Pretty Stable
Change To Netincome1.1 M1.1 M2.2 M
Very volatile
Net Borrowings771.2 K811.8 K2.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.021.38341.3203
Pretty Stable
Dividend Yield1.061.010.4475
Slightly volatile
PTB Ratio0.550.57911.224
Slightly volatile
Days Sales Outstanding72.0263.9882131
Slightly volatile
Book Value Per Share2.381.86514.8985
Slightly volatile
Average Payables2.4 M2.3 M2.4 M
Slightly volatile
PB Ratio0.550.57911.224
Slightly volatile
Inventory Turnover1.081.13561.4982
Slightly volatile
Days Of Inventory On Hand337321258
Slightly volatile
Payables Turnover9.826.20366.4996
Very volatile
Sales General And Administrative To Revenue0.310.24390.1965
Slightly volatile
Average Inventory3.5 M3.6 M3.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.120.19630.1763
Slightly volatile
Capex To Revenue0.0190.020.0805
Slightly volatile
Cash Per Share0.820.88971.3935
Slightly volatile
Days Payables Outstanding42.2358.836863.138
Pretty Stable
Intangibles To Total Assets0.03170.03330.1536
Very volatile
Current Ratio10.6610.15645.2432
Slightly volatile
Tangible Book Value Per Share2.01.79463.9537
Slightly volatile
Receivables Turnover6.725.70424.9699
Slightly volatile
Graham Number0.940.99048.2544
Slightly volatile
Shareholders Equity Per Share2.381.86514.8985
Slightly volatile
Capex Per Share0.01490.01570.1775
Pretty Stable
Average Receivables6.8 M12.5 M12.6 M
Very volatile
Revenue Per Share0.740.78073.31
Slightly volatile
Operating Cycle223385375
Slightly volatile
Price Book Value Ratio0.550.57911.224
Slightly volatile
Days Of Payables Outstanding42.2358.836863.138
Pretty Stable
Ebt Per Ebit0.01840.01940.881
Slightly volatile
Company Equity Multiplier1.751.13451.3165
Pretty Stable
Long Term Debt To Capitalization0.01390.01470.0747
Slightly volatile
Quick Ratio8.057.66523.7298
Slightly volatile
Cash Ratio4.394.18171.4747
Pretty Stable
Cash Conversion Cycle187327315
Slightly volatile
Days Of Inventory Outstanding337321258
Slightly volatile
Days Of Sales Outstanding72.0263.9882131
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.040.99311.8022
Pretty Stable
Price To Book Ratio0.550.57911.224
Slightly volatile
Fixed Asset Turnover11.1812.305320.0622
Slightly volatile
Price Sales Ratio1.021.38341.3203
Pretty Stable
Asset Turnover0.350.3690.6168
Slightly volatile
Gross Profit Margin0.40.35490.4972
Slightly volatile
Price Fair Value0.550.57911.224
Slightly volatile

ClearOne Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap35.1 M25.9 M48.2 M
Pretty Stable

ClearOne Fundamental Market Drivers

Cash And Short Term Investments21.3 M

ClearOne Upcoming Events

29th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About ClearOne Financial Statements

ClearOne investors utilize fundamental indicators, such as revenue or net income, to predict how ClearOne Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue30 K28.5 K
Total Revenue18.7 M31.3 M
Cost Of Revenue12.1 M14.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.24  0.31 
Research And Ddevelopement To Revenue 0.20  0.12 
Capex To Revenue 0.02  0.02 
Revenue Per Share 0.78  0.74 
Ebit Per Revenue(0.35)(0.33)

Pair Trading with ClearOne

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 ClearOne 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 ClearOne will appreciate offsetting losses from the drop in the long position's value.

Moving against ClearOne Stock

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The ability to find closely correlated positions to ClearOne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClearOne 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 ClearOne - 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 ClearOne to buy it.
The correlation of ClearOne is a statistical measure of how it moves in relation to other instruments. 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 ClearOne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClearOne 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 ClearOne 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
When determining whether ClearOne offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ClearOne's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearone Stock:
Check out the analysis of ClearOne Correlation against competitors.
To learn how to invest in ClearOne Stock, please use our How to Invest in ClearOne guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Communications Equipment space 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 ClearOne. If investors know ClearOne 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 ClearOne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
(0.14)
Revenue Per Share
0.625
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.12)
The market value of ClearOne is measured differently than its book value, which is the value of ClearOne that is recorded on the company's balance sheet. Investors also form their own opinion of ClearOne's value that differs from its market value or its book value, called intrinsic value, which is ClearOne'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 ClearOne's market value can be influenced by many factors that don't directly affect ClearOne'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 ClearOne's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearOne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearOne'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.