CLEARFIELD, INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $21.5M | $14.1M | $37.8M | $16.7M | $13.2M | $16.4M | $10.1M | $8.5M |
| Accounts Receivable | $18.0M | $13.8M | $28.4M | $53.7M | $19.4M | $10.5M | $9.1M | $12.8M |
| Inventory | $42.0M | $56.1M | $98.1M | $82.2M | $27.5M | $14.4M | $9.0M | $10.1M |
| Total Current Assets | $198.5M | $229.6M | $296.3M | $160.1M | $71.5M | $52.5M | $42.5M | $41.1M |
| Property, Plant & Equipment | $9.7M | $15.9M | $21.5M | $18.2M | $5.0M | $5.0M | $5.4M | $4.7M |
| Goodwill | $4.7M | $6.6M | $6.5M | $6.4M | $4.7M | $4.7M | $4.7M | $4.7M |
| Intangible Assets (Excl. Goodwill) | $9.4M | $4.7M | $6.1M | $6.4M | $4.7M | $5.0M | $5.1M | $5.5M |
| Total Assets | $306.2M | $315.3M | $355.5M | $229.1M | $125.9M | $95.3M | $81.9M | $74.2M |
| Liabilities | ||||||||
| Accounts Payable | $7.0M | $2.8M | $8.9M | $24.1M | $9.2M | $3.7M | $3.2M | $2.4M |
| Total Current Liabilities | $36.6M | $24.4M | $29.0M | $51.7M | $20.5M | $10.4M | $6.6M | $5.0M |
| Long-Term Debt | — | — | — | — | $0 | — | — | — |
| Total Liabilities | $50.0M | $39.5M | $40.4M | $81.5M | $22.1M | $12.5M | $7.0M | $5.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $106.9M | $115.0M | $127.3M | $94.8M | $45.4M | $25.1M | $17.8M | $13.3M |
| Total Stockholders' Equity | $256.2M | $275.8M | $315.2M | $147.6M | $103.8M | $82.8M | $74.9M | $68.9M |