Clearfield Inc
For the period ended Sep 30, 2024. Filed Nov 15, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 15, 2024
CLFD$30.55+6.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| CLEARFIELD, INC. | ||
|---|---|---|
| CONSOLIDATED BALANCE SHEETS | ||
| (IN THOUSANDS, EXCEPT SHARE DATA) | ||
| September 30, 2024 | September 30, 2023 | |
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $16,167 | $37,827 |
| Short-term investments | 114,825 | 130,286 |
| Accounts receivables, net | 21,309 | 28,392 |
| Inventories, net | 66,766 | 98,055 |
| Other current assets | 10,528 | 1,695 |
| Total current assets | 229,595 | 296,255 |
| Property, plant and equipment, net | 23,953 | 21,527 |
| Other Assets | ||
| Long-term investments | 24,505 | 6,343 |
| Goodwill | 6,627 | 6,528 |
| Intangible assets, net | 6,343 | 6,092 |
| Right-of-use lease assets | 15,797 | 13,861 |
| Deferred tax asset | 6,135 | 3,039 |
| Other | 2,320 | 1,872 |
| Total other assets | 61,727 | 37,735 |
| Total Assets | $315,275 | $355,517 |
| Liabilities and Shareholders’ Equity | ||
| Current Liabilities | ||
| Current portion of lease liability | $3,357 | $3,737 |
| Current maturities of long-term debt | - | 2,112 |
| Accounts payable | 6,720 | 8,891 |
| Accrued compensation | 6,977 | 5,571 |
| Accrued expenses | 4,378 | 2,404 |
| Factoring liability | 2,920 | 6,289 |
| Total current liabilities | 24,352 | 29,004 |
| Other Liabilities | ||
| Long-term debt, net of current maturities | 2,228 | - |
| Long-term portion of lease liability | 12,771 | 10,629 |
| Deferred tax liability | 161 | 721 |
| Total liabilities | 39,512 | 40,354 |
| Shareholders’ Equity | ||
| Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding | - | - |
| Common stock, authorized 50,000,000, $.01 par value; 14,229,107 and 15,254,725 shares issued and outstanding as of September 30, 2024 and September 30, 2023, respectively | 142 | 153 |
| Additional paid-in capital | 159,580 | 188,218 |
| Accumulated other comprehensive income (loss) | 1,079 | (544) |
| Retained earnings | 114,962 | 127,336 |
| Total shareholders’ equity | 275,763 | 315,163 |
| Total Liabilities and Shareholders’ Equity | $315,275 | $355,517 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.