Clarus Balance Sheet Health
Financial Health criteria checks 5/6
Clarus has a total shareholder equity of $196.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $249.0M and $52.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$36.69m |
| Equity | US$196.39m |
| Total liabilities | US$52.64m |
| Total assets | US$249.03m |
Recent financial health updates
Analysis Article • Sep 14
Here's Why We're Not At All Concerned With Clarus' (NASDAQ:CLAR) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Analysis Article • Dec 05
Clarus (NASDAQ:CLAR) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent updates
Narrative Update • Apr 21
CLAR: Future Guidance And Higher Margins Will Support Upside Potential
Analysts have trimmed their price target on Clarus from about $4.25 to roughly $3.71. This reflects updated views on fair value, assumptions for revenue growth and profit margins, and a lower expected future P/E multiple.
Narrative Update • Apr 06
CLAR: Forward Sales Guidance Will Drive Future Re Rating Potential
Analysts have slightly revised their price target on Clarus to $5.78. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E that leave their overall valuation view broadly intact.Narrative Update • Mar 23
CLAR: Forward Guidance And Impairment Charges Will Drive Re Rating Potential
Analysts have nudged their Clarus price target to align with updated inputs on the discount rate, revenue growth, profit margin, and future P/E assumptions. This reflects a modest recalibration of expectations rather than a major shift in outlook.Narrative Update • Mar 08
CLAR: Forward Guidance And Impairment Charges Will Support Re Rating Potential
Analysts have adjusted their price target for Clarus from $6.82 to $5.78, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E as the key drivers of this change. What's in the News Clarus issued earnings guidance for fiscal 2026, targeting sales in a range of $255 million to $265 million (Company guidance).Seeking Alpha • Feb 18
Clarus: It's Too Early To Play This Turnaround (Downgrade)
Summary Clarus Corporation is rated 'Sell' due to ongoing weak financial performance and lack of near-term turnaround visibility. Revenue, profits, and cash flows have deteriorated, with the stock down 83.7% since March 2022 despite large and growing addressable markets. Management has withdrawn 2025 guidance, faces negative cash flow, and is pursuing restructuring, SKU rationalization, and price hikes to offset tariffs. CLAR's $27.5 million net cash position provides optionality, but not enough to counterbalance operational and market headwinds. Read the full article on Seeking AlphaAnalysis Article • Sep 10
Clarus Corporation's (NASDAQ:CLAR) Popularity With Investors Is Clear
There wouldn't be many who think Clarus Corporation's ( NASDAQ:CLAR ) price-to-sales (or "P/S") ratio of 0.6x is worth...Analysis Article • Jun 10
Investor Optimism Abounds Clarus Corporation (NASDAQ:CLAR) But Growth Is Lacking
There wouldn't be many who think Clarus Corporation's ( NASDAQ:CLAR ) price-to-sales (or "P/S") ratio of 0.5x is worth...Analysis Article • May 12
Clarus' (NASDAQ:CLAR) Dividend Will Be $0.025
Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend of $0.025 per share on the 28th of May...
New Narrative • Apr 03
Outdoor Margin Improvements And 2025 Adventure Launches Will Spur Success
Enhancements in inventory and core business processes are expected to improve margins and boost future profitability.Seeking Alpha • Mar 13
Clarus: The Uphill Battle Might Be Worth Joining Now
Summary Clarus is a turnaround play, betting on recovery in discretionary spending and undergoing business transformation with a focus on profitability and no long-term debt. The company has valuable niche brands in Outdoor and Adventure segments, with a clean balance sheet and a modest dividend yield of 2.5%. Despite past acquisition challenges, Clarus is taking strategic actions like geographical expansion, bolt-on acquisitions, and operational streamlining to drive future profitability. Risks include dependency on auto sales, tariffs, and ongoing litigations, but the balance sheet provides downside protection, making it a potential long-term investment. Read the full article on Seeking AlphaAnalysis Article • Mar 10
Clarus (NASDAQ:CLAR) Is Paying Out A Dividend Of $0.025
Clarus Corporation ( NASDAQ:CLAR ) will pay a dividend of $0.025 on the 26th of March. The dividend yield is 2.3% based...Analysis Article • Nov 12
Clarus (NASDAQ:CLAR) Is Due To Pay A Dividend Of $0.025
Clarus Corporation's ( NASDAQ:CLAR ) investors are due to receive a payment of $0.025 per share on 27th of November...Seeking Alpha • Nov 05
Clarus Corp: Why CLAR Is Languishing At A Sub-$100M EV
Summary Clarus Corp. faces a challenging year, but its strong brands, large cash balance, and no debt position it for future growth. Clarus's enterprise value is under $100 million, but its brands could privately sell for $300-$500 million, implying a stock price of $10-$15/sh. The stock is trading at ~$4/sh due to non-fundamental selling by large holders, but management is aligned and motivated to close the value gap. Black Diamond Equipment, a Clarus brand, has grown consistently over 25 years, contradicting market perceptions of decline. Read the full article on Seeking AlphaSeeking Alpha • Oct 30
Clarus: A Turnaround Play Starting To Take Shape, Hold For Now
Summary Clarus' future value lies in how effectively management can revamp the Black Diamond Equipment label and scale the Adventure segment in the US Market. Black Diamonds on-going SKU reduction efforts and improved product assortment will better position the company to achieve its profitability goals. The push to grow the Adventure business segment in the North American market through organic growth and small bolt-on acquisitions wisely parallels the rise of overlanding in the U.S. The potential sale of the Pieps GmbH label will further reduce SKUs in the company’s Outdoor segment and provide additional funding to acquire more businesses, boosting Adventure growth domestically. Read the full article on Seeking AlphaSeeking Alpha • Sep 27
Clarus Corporation: Still Trying To Normalize From Pandemic
Summary Clarus Corporation's shares recently hit nine-year lows due to a downward revision in FY '24 Adj. EBITDA outlook, driven by weak U.S. roof rack demand and expansion efforts. However, the company has no debt, sports a 2.2% dividend yield, and expects $1.85 per share in cash by YE24, and trades at a low P/E ratio. The stock has also seen some recent insider buying. An analysis of Clarus Corporation follows in the paragraphs below. Read the full article on Seeking AlphaSeeking Alpha • Sep 15
Clarus: Near Breakevens But Sales Push Could Come With New Launches
Summary Clarus has no net debt after selling its precision sports business but faces weak end markets and needs sales to benefit from operating leverage. Despite worsened EBITDA guidance, Clarus expects significant profitability improvement by Q4 due to new product launches and strong summer season in Australia/New Zealand. The outdoor segment, led by Black Diamond, should have potential from climbing gear. Multiples are compressed if applying some peer margins, and we think climbing could be a bit of a growth engine for the business. Read the full article on Seeking AlphaAnalysis Article • Sep 14
Here's Why We're Not At All Concerned With Clarus' (NASDAQ:CLAR) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Analysis Article • Aug 07
Slammed 27% Clarus Corporation (NASDAQ:CLAR) Screens Well Here But There Might Be A Catch
Unfortunately for some shareholders, the Clarus Corporation ( NASDAQ:CLAR ) share price has dived 27% in the last...Seeking Alpha • Jun 10
Clarus: Early Signs Of A Turnaround, But A Tough Climb Ahead
Summary We recap the Q1 results from Clarus Corp. The company is attempting to jumpstart growth by focusing on core strengths. We expect shares to remain volatile until sales rebound. Read the full article on Seeking AlphaAnalysis Article • May 05
Clarus (NASDAQ:CLAR) Has Announced A Dividend Of $0.025
Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend of $0.025 per share on the 20th of May...Analysis Article • Mar 15
Analyst Forecasts Just Became More Bearish On Clarus Corporation (NASDAQ:CLAR)
Market forces rained on the parade of Clarus Corporation ( NASDAQ:CLAR ) shareholders today, when the analysts...Analysis Article • Mar 09
Clarus (NASDAQ:CLAR) Will Pay A Dividend Of $0.025
The board of Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend on the 28th of March, with...Seeking Alpha • Feb 16
Clarus Corporation: Worst Is Over But Pain Remains
Summary Clarus’ revenue has grown well during the last decade (CAGR: +11%), although this is primarily driven by M&A, with its organic trajectory less compelling. The company has struggled to achieve consistency in its financial performance, with an imbalance of focus between brand/business optimization and new M&A we feel. Clarus has shown minimal margin improvement since FY18, despite revenue almost doubling, implying inherently weak operational capabilities. Clarus is underperforming its peers and the outlook appears worse with a lack of M&A to boost revenue. Clarus’ valuation does not scream value in a world where the risk-free rate is ~5%. We suggest investors avoid this stock. Read the full article on Seeking AlphaSeeking Alpha • Jan 23
Clarus: Debt Problem Solved With Precision Disposal
Summary Clarus Corporation has made a disposal of a more problematic division in terms of growth and ESG that put it on our radar as having possibly untapped value. While the disposal was a good move and handles the company debt, and the residual businesses are interesting, there is a lacking value proposition. If growth could improve in Black Diamond, possibly driven by an emerging DTC channel, that could help the Clarus Corporation case, but macro is a factor here. Read the full article on Seeking AlphaAnalysis Article • Dec 30
Clarus Corporation (NASDAQ:CLAR) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Those holding Clarus Corporation ( NASDAQ:CLAR ) shares would be relieved that the share price has rebounded 27% in the...Analysis Article • Dec 05
Clarus (NASDAQ:CLAR) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Nov 09
Analysts Just Made A Major Revision To Their Clarus Corporation (NASDAQ:CLAR) Revenue Forecasts
One thing we could say about the analysts on Clarus Corporation ( NASDAQ:CLAR ) - they aren't optimistic, having just...Financial Position Analysis
Short Term Liabilities: CLAR's short term assets ($171.4M) exceed its short term liabilities ($40.5M).
Long Term Liabilities: CLAR's short term assets ($171.4M) exceed its long term liabilities ($12.1M).
Debt to Equity History and Analysis
Debt Level: CLAR is debt free.
Reducing Debt: CLAR has no debt compared to 5 years ago when its debt to equity ratio was 16.9%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLAR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CLAR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 14:32 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Clarus Corporation is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Laurent Vasilescu | BNP Paribas |
| Alexander Perry | BofA Global Research |
| Anna Glaessgen | B. Riley Securities, Inc. |