ClearSign Combustion Corporation (CLIR) - Net Assets

Latest as of December 2025: $9.53 Million USD

Based on the latest financial reports, ClearSign Combustion Corporation (CLIR) has net assets worth $9.53 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.18 Million) and total liabilities ($2.65 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. Check financial resilience of ClearSign Combustion Corporation to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$9.53 Million
% of Total Assets	78.24%
Annual Growth Rate	N/A
5-Year Change	15.07%
10-Year Change	324.69%
Growth Volatility	277.85

ClearSign Combustion Corporation - Net Assets Trend (2009–2025)

This chart illustrates how ClearSign Combustion Corporation's net assets have evolved over time, based on quarterly financial data. Also explore how large is ClearSign Combustion Corporation's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for ClearSign Combustion Corporation (2009–2025)

The table below shows the annual net assets of ClearSign Combustion Corporation from 2009 to 2025. For live valuation and market cap data, see ClearSign Combustion Corporation market cap and net worth.

Year	Net Assets	Change
2025-12-31	$9.53 Million	-30.76%
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 10339364400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	$1.00K	0.01%
Other Comprehensive Income	$-20.00K	-0.21%
Other Components	$114.06 Million	1196.86%
Total Equity	$9.53 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
West High Yield Resources Ltd V:WHY	$27.71 Million
PODIUM MINERALS F:55D	$27.71 Million
Daemyung Sonoseason Co.Ltd KQ:007720	$27.73 Million
Tigers Realm Coal Ltd AU:TIG	$27.74 Million
Arrive AI Inc. NASDAQ:ARAI	$27.69 Million
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS IS:ETILR	$27.68 Million
Izostal SA WAR:IZS	$27.67 Million
Zhejiang Yuancheng Landscape SHG:603388	$27.65 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 2024 to 2025, total equity changed from 13,764,000 to 9,530,000, a change of -4,234,000 (-30.8%).
Net loss of 5,496,000 reduced equity.
Other comprehensive income increased equity by 1,000.
Other factors increased equity by 1,261,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$-5.50 Million	-57.67%
Other Comprehensive Income	$1.00K	+0.01%
Other Changes	$1.26 Million	+13.23%
Total Change	$-	-30.76%

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: 2.98x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	$-0.61	$5.12	x
2010-12-31	$-1.23	$5.12	x
2011-12-31	$1.97	$5.12	x
2012-12-31	$11.37	$5.12	x
2013-12-31	$4.31	$5.12	x
2014-12-31	$3.11	$5.12	x
2015-12-31	$10.09	$5.12	x
2016-12-31	$1.74	$5.12	x
2017-12-31	$1.58	$5.12	x
2018-12-31	$7.39	$5.12	x
2019-12-31	$3.45	$5.12	x
2020-12-31	$3.43	$5.12	x
2021-12-31	$2.65	$5.12	x
2022-12-31	$2.70	$5.12	x
2023-12-31	$0.13	$5.12	x
2024-12-31	$2.81	$5.12	x
2025-12-31	$1.72	$5.12	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): -57.67%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -105.01%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.28x
Recent ROE (-57.67%) is above the historical average (-135.57%), 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
2025	-57.67%	-105.01%	0.43x	1.28x	$-6.45 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: $72,537,380
Average return on equity (ROE) among peers: -85.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ClearSign Combustion Corporation (CLIR)	$9.53 Million	0.00%	0.28x	$27.69 Million
Arq Inc (ARQ)	$76.17 Million	126.79%	0.41x	$70.02 Million
CECO Environmental Corp. (CECO)	$6.78 Million	-6.41%	5.32x	$1.94 Billion
Euro Tech Holdings Company Ltd (CLWT)	$17.82 Million	0.92%	0.33x	$9.01 Million
DevvStream Corp. Common Stock (DEVS)	$-7.56 Million	0.00%	0.00x	$1.36 Million
Energy Recovery Inc (ERII)	$86.92 Million	-3.57%	0.18x	$584.81 Million
Federal Signal Corporation (FSS)	$445.30 Million	12.33%	1.64x	$6.65 Billion
Fuel Tech Inc (FTEK)	$9.90 Million	-24.24%	0.07x	$39.61 Million
LiqTech International Inc (LIQT)	$15.13 Million	-31.89%	0.34x	$17.42 Million
Purecycle Technologies Holdings Corp (PCT)	$2.38 Million	-840.09%	12.98x	$1.42 Billion

About ClearSign Combustion Corporation

NASDAQ:CLIR USA Pollution & Treatment Controls

Market Cap

$27.69 Million

Market Cap Rank

#23965 Global

#4938 in USA

Share Price

$5.12

Change (1 day)

+2.40%

52-Week Range

$0.43 - $6.94

All Time High

$6.94