ClearSign Technologies (ClearSign Technologies) Cash-to-Debt

: 23.39 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. ClearSign Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 23.39.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, ClearSign Technologies could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for ClearSign Technologies's Cash-to-Debt or its related term are showing as below:

CLIR' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.5 Med: 18.88 Max: No Debt
Current: 23.39

During the past 13 years, ClearSign Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 2.50. And the median was 18.88.

CLIR's Cash-to-Debt is ranked better than
83.18% of 2997 companies
in the Industrial Products industry
Industry Median: 1.2 vs CLIR: 23.39

ClearSign Technologies Cash-to-Debt Historical Data

The historical data trend for ClearSign Technologies's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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ClearSign Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

14.37

13.19

13.71

25.23

23.39

ClearSign Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																25.23	29.27	29.02	27.41	23.39

Competitive Comparison

For the Pollution & Treatment Controls subindustry, ClearSign Technologies's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ClearSign Technologies Cash-to-Debt Distribution

For the Industrial Products industry and Industrials sector, ClearSign Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ClearSign Technologies's Cash-to-Debt falls into.

ClearSign Technologies Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

ClearSign Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.684	/	(0.071	+	0.172)
	=	23.39

ClearSign Technologies's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.684	/	(0.071	+	0.172)
	=	23.39

ClearSign Technologies (NAS:CLIR) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

ClearSign Technologies Cash-to-Debt Related Terms

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ClearSign Technologies (ClearSign Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ClearSign Technologies Corp (NAS:CLIR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

4CC:Germany

Address

8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133

Website

https://www.clearsign.com

ClearSign Technologies Corp is engaged in providing solutions to some of the pressing productivity, energy efficiency, and pollution problems affecting the energy, oil, and gas production, boiler, and processing industries. It believes that its patented ClearSign Core technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and downstream refining), institutional, commercial, and industrial boiler, chemical, and petrochemical industries. The company offers products that include process burners, boiler burners, flares, and ClearSign Eye.

Executives

Lacy Catharine De	director	6 VILLAGE NORTH DR, #107, HILTON HEAD SC 29926
Gary J. Dielsi	director	18 PIERREPONT DRIVE, RIDGEFIELD CT 06877
Hoffman Robert Thurston Sr	director, 10 percent owner	119 WARREN AVENUE, SPRING LAKE NJ 07762
Bruce Alan Pate	director	23235 WALLING RD., GEYSERVILLE CA 95441
Brent Hinds	officer: VP and Controller	12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Judith S Schrecker	director	12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Susanne Meline	director	P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Deller Colin James	officer: Chief Executive Officer	C/O CLEARSIGN COMBUSTION CORP., 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Donald W Kendrick	officer: Chief Technology Officer	12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Brian Grant Fike	officer: Chief Financial Officer	12755 SE 73RD PLACE, NEWCASTLE WA 98056-1315
Stephen Michael Sock	officer: SVP, Business Development	4025 RAVENSWAY CT, PEARLAND TX 77584
Lon E Bell	director	C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
James M Simmons	director
Clirspv Llc	10 percent owner	119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762-1217
Princeton Opportunity Management Llc	10 percent owner	119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762