ClearSign Combustion Corporation
ClearSign Technologies Corporation designs and develops products and technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong. The company's technologies include ClearSign core burner technology consists of an industrial burner body and a downstream porous … Read more
ClearSign Combustion Corporation (CLIR) - Net Assets
Latest net assets as of September 2025: $9.08 Million USD
Based on the latest financial reports, ClearSign Combustion Corporation (CLIR) has net assets worth $9.08 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.75 Million) and total liabilities ($3.67 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.08 Million |
| % of Total Assets | 71.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | 44.26% |
| 10-Year Change | 9.43% |
| Growth Volatility | 284.99 |
ClearSign Combustion Corporation - Net Assets Trend (2009–2024)
This chart illustrates how ClearSign Combustion Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ClearSign Combustion Corporation (2009–2024)
The table below shows the annual net assets of ClearSign Combustion Corporation from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.76 Million | +165.10% |
| 2023-12-31 | $5.19 Million | -45.64% |
| 2022-12-31 | $9.55 Million | +15.33% |
| 2021-12-31 | $8.28 Million | -13.20% |
| 2020-12-31 | $9.54 Million | +3.41% |
| 2019-12-31 | $9.23 Million | -45.22% |
| 2018-12-31 | $16.84 Million | +592.52% |
| 2017-12-31 | $2.43 Million | +8.38% |
| 2016-12-31 | $2.24 Million | -82.16% |
| 2015-12-31 | $12.58 Million | +325.08% |
| 2014-12-31 | $2.96 Million | -21.88% |
| 2013-12-31 | $3.79 Million | -56.14% |
| 2012-12-31 | $8.64 Million | +887.63% |
| 2011-12-31 | $874.42K | +376.01% |
| 2010-12-31 | $-316.81K | -67.33% |
| 2009-12-31 | $-189.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ClearSign Combustion Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9789764400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00K | 0.04% |
| Other Comprehensive Income | $-21.00K | -0.15% |
| Other Components | $112.80 Million | 819.50% |
| Total Equity | $13.76 Million | 100.00% |
ClearSign Combustion Corporation Competitors by Market Cap
The table below lists competitors of ClearSign Combustion Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SIKRI GROUP ASA NK-02
F:57U0
|
$28.71 Million |
|
Azimut Exploration Inc
OTCQX:AZMTF
|
$28.72 Million |
|
MoneyHero Limited Class A Ordinary Shares
NASDAQ:MNY
|
$28.73 Million |
|
Syntek Semiconductor Co Ltd
TWO:5302
|
$28.73 Million |
|
Sareum Hldgs Plc
LSE:SAR
|
$28.71 Million |
|
VELA TECHNOL.PLC LS-0001
F:IBNN
|
$28.70 Million |
|
Mahamaya Steel Industries Limited
NSE:MAHASTEEL
|
$28.70 Million |
|
THERANEXUS EO -25
F:3VG
|
$28.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ClearSign Combustion Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,192,000 to 13,764,000, a change of 8,572,000 (165.1%).
- Net loss of 5,299,000 reduced equity.
- Share repurchases of 15,000 reduced equity.
- New share issuances of 12,967,000 increased equity.
- Other comprehensive income decreased equity by 4,000.
- Other factors increased equity by 923,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.30 Million | -38.5% |
| Share Repurchases | $15.00K | -0.11% |
| Share Issuances | $12.97 Million | +94.21% |
| Other Comprehensive Income | $-4.00K | -0.03% |
| Other Changes | $923.00K | +6.71% |
| Total Change | $- | 165.10% |
Book Value vs Market Value Analysis
This analysis compares ClearSign Combustion Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 15.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $-0.06 | $4.36 | x |
| 2010-12-31 | $-0.12 | $4.36 | x |
| 2011-12-31 | $0.20 | $4.36 | x |
| 2012-12-31 | $1.14 | $4.36 | x |
| 2013-12-31 | $0.43 | $4.36 | x |
| 2014-12-31 | $0.31 | $4.36 | x |
| 2015-12-31 | $1.01 | $4.36 | x |
| 2016-12-31 | $0.17 | $4.36 | x |
| 2017-12-31 | $0.16 | $4.36 | x |
| 2018-12-31 | $0.74 | $4.36 | x |
| 2019-12-31 | $0.35 | $4.36 | x |
| 2020-12-31 | $0.34 | $4.36 | x |
| 2021-12-31 | $0.27 | $4.36 | x |
| 2022-12-31 | $0.27 | $4.36 | x |
| 2023-12-31 | $0.13 | $4.36 | x |
| 2024-12-31 | $0.28 | $4.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ClearSign Combustion Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -38.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -147.36%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.16x
- Recent ROE (-38.50%) is above the historical average (-140.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-509.84K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-363.91K |
| 2011 | -340.37% | 0.00% | 0.00x | 1.87x | $-3.06 Million |
| 2012 | -48.51% | 0.00% | 0.00x | 1.06x | $-5.05 Million |
| 2013 | -139.52% | -5682.80% | 0.02x | 1.24x | $-5.66 Million |
| 2014 | -246.57% | 0.00% | 0.00x | 1.55x | $-7.59 Million |
| 2015 | -62.79% | -12947.54% | 0.00x | 1.13x | $-9.16 Million |
| 2016 | -497.91% | -1799.19% | 0.16x | 1.69x | $-11.40 Million |
| 2017 | -398.03% | -1792.59% | 0.13x | 1.71x | $-9.92 Million |
| 2018 | -56.80% | -1805.09% | 0.03x | 1.10x | $-11.25 Million |
| 2019 | -90.84% | 0.00% | 0.00x | 1.19x | $-9.30 Million |
| 2020 | -71.68% | -15540.91% | 0.00x | 1.17x | $-7.79 Million |
| 2021 | -95.27% | -1299.84% | 0.06x | 1.13x | $-8.72 Million |
| 2022 | -60.28% | -1539.57% | 0.03x | 1.14x | $-6.71 Million |
| 2023 | -100.04% | -216.15% | 0.32x | 1.47x | $-5.71 Million |
| 2024 | -38.50% | -147.36% | 0.23x | 1.16x | $-6.68 Million |
Industry Comparison
This section compares ClearSign Combustion Corporation's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ClearSign Combustion Corporation (CLIR) | $9.08 Million | 0.00% | 0.40x | $28.71 Million |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.34 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |