Clearfield Debt-to-Equity Ratio Growth & History (CLFD)
Clearfield's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Clearfield company overviewClearfield annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.03 | −0.03 | −48.64% |
| 2024 | 2024-09-30 | 0.07 | 0.02 | +46.03% |
| 2023 | 2023-09-30 | 0.05 | −0.17 | −79.28% |
| 2022 | 2022-09-30 | 0.22 | 0.20 | +802.70% |
| 2021 | 2021-09-30 | 0.02 | −0.01 | −27.85% |
| 2020 | 2020-09-30 | 0.03 | 0.03 | — |
| 2019 | 2019-09-30 | 0.00 | — | — |
Clearfield quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.04 | −0.04 | −46.90% |
| Q2 2026 | 2026-03-31 | 0.05 | −0.03 | −41.29% |
| Q1 2026 | 2025-12-31 | 0.03 | −0.05 | −58.23% |
| Q4 2025 | 2025-09-30 | 0.03 | −0.03 | −48.64% |
| Q3 2025 | 2025-06-30 | 0.08 | 0.01 | +16.74% |
| Q2 2025 | 2025-03-31 | 0.08 | 0.02 | +42.67% |
| Q1 2025 | 2024-12-31 | 0.08 | — | — |
| Q4 2024 | 2024-09-30 | 0.07 | 0.02 | +46.03% |
| Q3 2024 | 2024-06-30 | 0.07 | 0.02 | +37.49% |
| Q2 2024 | 2024-03-31 | 0.05 | 0.01 | +12.07% |
| Q4 2023 | 2023-09-30 | 0.05 | −0.17 | −79.28% |
| Q3 2023 | 2023-06-30 | 0.05 | −0.05 | −49.41% |
| Q2 2023 | 2023-03-31 | 0.05 | −0.07 | −57.54% |
| Q1 2023 | 2022-12-31 | 0.05 | 0.04 | +211.32% |
| Q4 2022 | 2022-09-30 | 0.22 | 0.20 | +802.70% |
| Q3 2022 | 2022-06-30 | 0.10 | 0.07 | +240.03% |
| Q2 2022 | 2022-03-31 | 0.11 | 0.08 | +242.16% |
| Q1 2022 | 2021-12-31 | 0.02 | −0.02 | −54.70% |
| Q4 2021 | 2021-09-30 | 0.02 | −0.01 | −27.85% |
| Q3 2021 | 2021-06-30 | 0.03 | −0.01 | −23.63% |
| Q2 2021 | 2021-03-31 | 0.03 | −0.01 | −20.86% |
| Q1 2021 | 2020-12-31 | 0.04 | 0.00 | +14.10% |
| Q4 2020 | 2020-09-30 | 0.03 | 0.03 | — |
| Q3 2020 | 2020-06-30 | 0.04 | — | — |
| Q2 2020 | 2020-03-31 | 0.04 | — | — |
| Q1 2020 | 2019-12-31 | 0.03 | — | — |
| Q4 2019 | 2019-09-30 | 0.00 | — | — |
Clearfield debt-to-equity ratio trends
Over the last five fiscal years, Clearfield's debt-to-equity ratio increased from 0.03 to 0.03, a change of 0.00. The latest reported quarter, Q3 2026, shows 0.04.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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