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ClearSign Technologies (ClearSign Technologies) 3-Year RORE % : -22.22% (As of Dec. 2023)


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What is ClearSign Technologies 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. ClearSign Technologies's 3-Year RORE % for the quarter that ended in Dec. 2023 was -22.22%.

The industry rank for ClearSign Technologies's 3-Year RORE % or its related term are showing as below:

CLIR's 3-Year RORE % is ranked worse than
73.9% of 2808 companies
in the Industrial Products industry
Industry Median: 6.175 vs CLIR: -22.22

ClearSign Technologies 3-Year RORE % Historical Data

The historical data trend for ClearSign Technologies's 3-Year RORE % 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.

* Premium members only.

ClearSign Technologies 3-Year RORE % Chart

ClearSign Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.46 -19.19 -8.64 -12.31 -22.22

ClearSign Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.31 -14.52 -19.67 -22.41 -22.22

Competitive Comparison of ClearSign Technologies's 3-Year RORE %

For the Pollution & Treatment Controls subindustry, ClearSign Technologies's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ClearSign Technologies's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where ClearSign Technologies's 3-Year RORE % falls into.



ClearSign Technologies 3-Year RORE % Calculation

ClearSign Technologies's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.13--0.25 )/( -0.54-0 )
=0.12/-0.54
=-22.22 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


ClearSign Technologies  (NAS:CLIR) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


ClearSign Technologies 3-Year RORE % Related Terms

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ClearSign Technologies (ClearSign Technologies) Business Description

Traded in Other Exchanges
Address
8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133
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