Clearford Water Systems Inc
Clearford Water Systems Inc. provides unified water infrastructure solutions in Canada. The company operates and manages privately owned communal water and wastewater treatment systems, including communal drinking water systems, recirculating sand filters, well and surface water treatment plants, reverse osmosis, membrane bioreactor plants, facultative lagoons, sequencing batch reactors, remote w… Read more
Clearford Water Systems Inc (CLIRF) - Net Assets
Latest net assets as of September 2021: $-47.44 Million USD
Based on the latest financial reports, Clearford Water Systems Inc (CLIRF) has net assets worth $-47.44 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.65 Million) and total liabilities ($63.09 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 | $-47.44 Million |
| % of Total Assets | -303.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 538.92 |
Clearford Water Systems Inc - Net Assets Trend (2001–2020)
This chart illustrates how Clearford Water Systems Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Clearford Water Systems Inc (2001–2020)
The table below shows the annual net assets of Clearford Water Systems Inc from 2001 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $-52.41 Million | -55.75% |
| 2019-12-31 | $-33.65 Million | -4.56% |
| 2018-12-31 | $-32.18 Million | -51.60% |
| 2017-12-31 | $-21.23 Million | -13.09% |
| 2016-12-31 | $-18.77 Million | -42.65% |
| 2015-12-31 | $-13.16 Million | -50.18% |
| 2014-12-31 | $-8.76 Million | -96.66% |
| 2013-12-31 | $-4.46 Million | -90.19% |
| 2012-12-31 | $-2.34 Million | -288.98% |
| 2011-12-31 | $-602.26K | -198.64% |
| 2010-12-31 | $610.57K | +895.54% |
| 2009-12-31 | $-76.75K | -104.13% |
| 2008-12-31 | $1.86 Million | -1.96% |
| 2007-12-31 | $1.90 Million | -61.68% |
| 2006-12-31 | $4.95 Million | +1571.39% |
| 2005-12-31 | $296.09K | +666.37% |
| 2004-12-31 | $38.64K | -93.80% |
| 2003-12-31 | $622.94K | -58.56% |
| 2002-12-31 | $1.50 Million | +151.15% |
| 2001-12-31 | $598.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clearford Water Systems Inc'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 8254467200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.79 Million | % |
| Other Comprehensive Income | $-54.87K | % |
| Other Components | $13.37 Million | % |
| Total Equity | $-52.41 Million | 100.00% |
Clearford Water Systems Inc Competitors by Market Cap
The table below lists competitors of Clearford Water Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fauji Fertilizer Company Ltd
KAR:FFC
|
$16.82K |
|
Union Korea Pharm. Co. Ltd.
KO:080720
|
$16.82K |
|
Bioretec Oyj
HE:BRETECN0125
|
$16.83K |
|
Megawide Construction Corp Preferred
PSE:MWP4
|
$16.85K |
|
CHWRD
PINK:CHWRD
|
$16.80K |
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
$16.80K |
|
Advent Hotels International Limited
NSE:ADVENTHTL
|
$16.78K |
|
GICP11
SA:GICP11
|
$16.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clearford Water Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -33,680,705 to -52,410,516, a change of -18,729,811.
- Net loss of 8,911,277 reduced equity.
- Other comprehensive income decreased equity by 13,771,732.
- Other factors increased equity by 3,953,198.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.91 Million | -17.0% |
| Other Comprehensive Income | $-13.77 Million | -26.28% |
| Other Changes | $3.95 Million | +7.54% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Clearford Water Systems Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.04 | $0.00 | x |
| 2002-12-31 | $0.09 | $0.00 | x |
| 2003-12-31 | $0.03 | $0.00 | x |
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.01 | $0.00 | x |
| 2006-12-31 | $0.20 | $0.00 | x |
| 2007-12-31 | $0.07 | $0.00 | x |
| 2008-12-31 | $0.07 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.02 | $0.00 | x |
| 2011-12-31 | $-0.01 | $0.00 | x |
| 2012-12-31 | $-0.04 | $0.00 | x |
| 2013-12-31 | $-0.07 | $0.00 | x |
| 2014-12-31 | $-0.13 | $0.00 | x |
| 2015-12-31 | $-0.17 | $0.00 | x |
| 2016-12-31 | $-0.22 | $0.00 | x |
| 2017-12-31 | $-0.24 | $0.00 | x |
| 2018-12-31 | $-0.32 | $0.00 | x |
| 2019-12-31 | $-0.33 | $0.00 | x |
| 2020-12-31 | $-0.51 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clearford Water Systems Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -60.70%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-160.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -143.48% | -5937.15% | 0.02x | 1.34x | $-918.66K |
| 2002 | -52.95% | -406.86% | 0.11x | 1.16x | $-946.31K |
| 2003 | -145.87% | -376.22% | 0.27x | 1.46x | $-970.95K |
| 2004 | -1553.83% | -98.79% | 2.53x | 6.22x | $-604.20K |
| 2005 | -784.86% | -10248.41% | 0.02x | 4.39x | $-2.35 Million |
| 2006 | -60.28% | -13.40% | 0.60x | 7.55x | $-3.48 Million |
| 2007 | -189.58% | -14.71% | 0.73x | 17.69x | $-3.78 Million |
| 2008 | 173.36% | 1098.84% | 0.11x | 1.49x | $3.04 Million |
| 2009 | 0.00% | -50665.95% | 0.01x | 0.00x | $-2.02 Million |
| 2010 | -457.70% | -1627.99% | 0.18x | 1.59x | $-2.86 Million |
| 2011 | 0.00% | -3866.30% | 0.39x | 0.00x | $-3.92 Million |
| 2012 | 0.00% | -401.18% | 0.23x | 0.00x | $-3.32 Million |
| 2013 | 0.00% | -306.32% | 0.25x | 0.00x | $-3.56 Million |
| 2014 | 0.00% | -955.48% | 0.07x | 0.00x | $-4.21 Million |
| 2015 | 0.00% | -176.10% | 0.47x | 0.00x | $-5.50 Million |
| 2016 | 0.00% | -159.01% | 0.52x | 0.00x | $-4.12 Million |
| 2017 | 0.00% | -146.02% | 0.27x | 0.00x | $-3.54 Million |
| 2018 | 0.00% | -187.13% | 0.46x | 0.00x | $-8.79 Million |
| 2019 | 0.00% | -103.96% | 0.72x | 0.00x | $-6.86 Million |
| 2020 | 0.00% | -60.70% | 0.82x | 0.00x | $-3.67 Million |
Industry Comparison
This section compares Clearford Water Systems Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clearford Water Systems Inc (CLIRF) | $-47.44 Million | -143.48% | N/A | $16.81K |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |