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ClearSign Combustion

Nasdaq:CLIR
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CLIR
Nasdaq
$25M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems in the United States. The last earnings update was 9 days ago. More info.


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  • ClearSign Combustion has significant price volatility in the past 3 months.
CLIR Share Price and Events
7 Day Returns
2.2%
NasdaqCM:CLIR
0.7%
US Electronic
1.2%
US Market
1 Year Returns
-57.3%
NasdaqCM:CLIR
-0.3%
US Electronic
3%
US Market
CLIR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ClearSign Combustion (CLIR) 2.2% -20.3% -6.9% -57.3% -76.1% -90.4%
US Electronic 0.7% 1.1% 21.2% -0.3% 59.3% 59.2%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • CLIR underperformed the Electronic industry which returned -0.3% over the past year.
  • CLIR underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
CLIR
Industry
5yr Volatility vs Market

CLIR Value

 Is ClearSign Combustion undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for ClearSign Combustion. This is due to cash flow or dividend data being unavailable. The share price is $0.94.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ClearSign Combustion's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ClearSign Combustion's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CLIR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.42
NasdaqCM:CLIR Share Price ** NasdaqCM (2019-03-20) in USD $0.94
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.54x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ClearSign Combustion.

NasdaqCM:CLIR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CLIR Share Price ÷ EPS (both in USD)

= 0.94 ÷ -0.42

-2.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ClearSign Combustion is loss making, we can't compare its value to the US Electronic industry average.
  • ClearSign Combustion is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does ClearSign Combustion's expected growth come at a high price?
Raw Data
NasdaqCM:CLIR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.54x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ClearSign Combustion, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ClearSign Combustion's assets?
Raw Data
NasdaqCM:CLIR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.63
NasdaqCM:CLIR Share Price * NasdaqCM (2019-03-20) in USD $0.94
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqCM:CLIR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CLIR Share Price ÷ Book Value per Share (both in USD)

= 0.94 ÷ 0.63

1.48x

* Primary Listing of ClearSign Combustion.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ClearSign Combustion is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess ClearSign Combustion's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. ClearSign Combustion has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CLIR Future Performance

 How is ClearSign Combustion expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ClearSign Combustion has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ClearSign Combustion expected to grow at an attractive rate?
  • Unable to compare ClearSign Combustion's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ClearSign Combustion's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare ClearSign Combustion's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CLIR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CLIR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CLIR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -8 -10
2018-09-30 1 -9 -10
2018-06-30 1 -9 -10
2018-03-31 1 -8 -10
2017-12-31 1 -8 -10
2017-09-30 1 -8 -9
2017-06-30 1 -8 -11
2017-03-31 1 -8 -11
2016-12-31 1 -9 -11
2016-09-30 0 -8 -11
2016-06-30 0 -8 -10
2016-03-31 0 -7 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ClearSign Combustion is high growth as no earnings estimate data is available.
  • Unable to determine if ClearSign Combustion is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CLIR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ClearSign Combustion Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CLIR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.42
2018-09-30 -0.48
2018-06-30 -0.55
2018-03-31 -0.59
2017-12-31 -0.63
2017-09-30 -0.64
2017-06-30 -0.76
2017-03-31 -0.82
2016-12-31 -0.86
2016-09-30 -0.89
2016-06-30 -0.74
2016-03-31 -0.69

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ClearSign Combustion will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine ClearSign Combustion's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. ClearSign Combustion's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. ClearSign Combustion's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess ClearSign Combustion's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ClearSign Combustion has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CLIR Past Performance

  How has ClearSign Combustion performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ClearSign Combustion's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ClearSign Combustion does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ClearSign Combustion's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ClearSign Combustion's 1-year growth to the US Electronic industry average as it is not currently profitable.
Earnings and Revenue History
ClearSign Combustion's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ClearSign Combustion Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CLIR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.53 -9.50 5.52 3.83
2018-09-30 0.71 -9.55 5.46 3.99
2018-06-30 0.71 -9.73 5.34 4.30
2018-03-31 0.71 -9.58 5.11 4.41
2017-12-31 0.54 -9.68 5.42 4.45
2017-09-30 0.72 -9.39 5.01 4.44
2017-06-30 0.98 -10.77 4.70 4.38
2017-03-31 0.98 -10.96 4.80 4.47
2016-12-31 0.62 -11.17 4.75 4.62
2016-09-30 0.32 -11.42 4.75 4.39
2016-06-30 0.06 -9.54 5.05 3.95
2016-03-31 0.06 -8.90 4.91 3.46
2015-12-31 0.06 -7.90 4.65 2.72
2015-09-30 -7.64 4.24 2.29
2015-06-30 -7.40 4.04 2.18
2015-03-31 -7.23 4.02 2.02
2014-12-31 -7.30 4.04 2.06
2014-09-30 0.04 -6.15 3.98 2.10
2014-06-30 0.09 -5.80 3.80 2.01
2014-03-31 0.09 -5.57 3.63 1.96
2013-12-31 0.09 -5.29 3.45 1.85
2013-09-30 0.05 -5.30 3.57 1.76
2013-06-30 -5.07 3.53 1.56
2013-03-31 -4.68 3.33 1.38
2012-12-31 -4.19 3.03 1.18
2012-09-30 -3.60 2.55 1.07
2012-06-30 -3.26 2.35 0.92
2012-03-31 -2.95 1.92 0.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if ClearSign Combustion has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if ClearSign Combustion has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if ClearSign Combustion improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess ClearSign Combustion's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ClearSign Combustion has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CLIR Health

 How is ClearSign Combustion's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ClearSign Combustion's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ClearSign Combustion is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ClearSign Combustion's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ClearSign Combustion's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 53.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ClearSign Combustion Company Filings, last reported 2 months ago.

NasdaqCM:CLIR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 16.91 0.31 15.87
2018-09-30 19.33 0.24 18.08
2018-06-30 9.92 0.28 8.36
2018-03-31 12.14 0.32 11.20
2017-12-31 2.43 0.35 1.25
2017-09-30 4.86 0.39 3.51
2017-06-30 7.18 0.43 5.46
2017-03-31 9.25 0.47 7.53
2016-12-31 2.24 0.50 1.26
2016-09-30 4.35 0.00 3.56
2016-06-30 7.98 0.00 5.37
2016-03-31 10.20 0.00 7.88
2015-12-31 12.58 0.00 10.99
2015-09-30 14.87 0.00 12.68
2015-06-30 16.56 0.00 14.61
2015-03-31 18.05 0.00 16.19
2014-12-31 2.96 0.00 1.85
2014-09-30 5.05 0.00 3.28
2014-06-30 6.58 0.00 4.73
2014-03-31 8.07 0.00 6.50
2013-12-31 3.79 0.00 2.69
2013-09-30 4.91 0.00 3.99
2013-06-30 6.20 0.00 5.16
2013-03-31 7.47 0.00 6.66
2012-12-31 8.64 0.00 8.03
2012-09-30 9.79 0.00 9.64
2012-06-30 10.90 0.00 10.76
2012-03-31 0.08 0.04 0.24
  • ClearSign Combustion's level of debt (1.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1.8% today).
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.

  • ClearSign Combustion has sufficient cash runway for 1.8 years based on current free cash flow.
  • ClearSign Combustion has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 1.5% each year.
X
Financial health checks
We assess ClearSign Combustion's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ClearSign Combustion has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CLIR Dividends

 What is ClearSign Combustion's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ClearSign Combustion dividends.
If you bought $2,000 of ClearSign Combustion shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ClearSign Combustion's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ClearSign Combustion's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CLIR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ClearSign Combustion has not reported any payouts.
  • Unable to verify if ClearSign Combustion's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ClearSign Combustion's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ClearSign Combustion has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ClearSign Combustion's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ClearSign Combustion afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ClearSign Combustion has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CLIR Management

 What is the CEO of ClearSign Combustion's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Hoffman
AGE 59
TENURE AS CEO 0.2 years
CEO Bio

Mr. Robert T. Hoffman, Sr., has been Director of ClearSign Combustion Corp. since July 20, 2018. Mr. Hoffman serves as Chairman at ClearSign Combustion Corp. since November 6, 2018 and has been its Interim Chief Executive Officer since January 1, 2019.

CEO Compensation
  • Insufficient data for Robert to compare compensation growth.
  • Insufficient data for Robert to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the ClearSign Combustion management team in years:

0.9
Average Tenure
58.5
Average Age
  • The average tenure for the ClearSign Combustion management team is less than 2 years, this suggests a new team.
Management Team

Donald Kendrick

TITLE
Chief Technology Officer
COMPENSATION
$357K
AGE
52
TENURE
2.6 yrs

Steve Pirnat

TITLE
Consultant
COMPENSATION
$637K
AGE
66
TENURE
0.2 yrs

Roberto Ruiz

TITLE
Consultant
COMPENSATION
$361K
AGE
61
TENURE
0.2 yrs

Robert Hoffman

TITLE
Chairman & Interim CEO
AGE
59
TENURE
0.2 yrs

Jim James Deller

TITLE
President
TENURE
0.2 yrs

Brian Fike

TITLE
Interim CFO
AGE
49
TENURE
1.8 yrs

Louis Basenese

TITLE
Vice President of Corporate Communications

Steve Sock

TITLE
Senior Vice President of Business Development
TENURE
1.7 yrs

Jim Harmon

TITLE
Consultant
COMPENSATION
$333K
AGE
58
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the ClearSign Combustion board of directors in years:

0.3
Average Tenure
63.5
Average Age
  • The average tenure for the ClearSign Combustion board of directors is less than 3 years, this suggests a new board.
Board of Directors

Robert Hoffman

TITLE
Chairman & Interim CEO
AGE
59
TENURE
0.3 yrs

Lon Bell

TITLE
Independent Director
COMPENSATION
$100K
AGE
76
TENURE
7.3 yrs

Jim Simmons

TITLE
Director
AGE
68
TENURE
0.2 yrs

Susanne Meline

TITLE
Director
AGE
50
TENURE
1.1 yrs

Bruce Pate

TITLE
Director & Board Observer
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Dec 18 Buy Donald Kendrick Individual 18. Dec 18 18. Dec 18 10,000 $1.14 $11,400
30. Jul 18 Buy Princeton Opportunity Management LLC Company 20. Jul 18 20. Jul 18 5,213,543 $2.25 $11,730,472
X
Management checks
We assess ClearSign Combustion's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ClearSign Combustion has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CLIR News

Simply Wall St News

Should You Be Concerned About ClearSign Combustion Corporation's (NASDAQ:CLIR) Earnings Growth?

Below, I will examine ClearSign Combustion Corporation's (NASDAQ:CLIR) track record on a high level, to give you some insight into how the company has been performing against its long term trend and its industry peers. … Did CLIR's recent performance beat its trend and industry. … CLIR is loss-making, with the most recent trailing twelve-month earnings of -US$9.6m (from 31 December 2018), which compared to last year has become.

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ClearSign Combustion Corporation (NASDAQ:CLIR) Insiders Increased Their Holdings

So shareholders might well want to know whether insiders have been buying or selling shares in ClearSign Combustion Corporation (NASDAQ:CLIR). … ClearSign Combustion Insider Transactions Over The Last Year. … In total, ClearSign Combustion insiders bought more than they sold over the last year

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How Has ClearSign Combustion Corporation's (NASDAQ:CLIR) Earnings Fared Against The Long Term Trend

Assessing ClearSign Combustion Corporation's (NASDAQ:CLIR) performance as a company requires looking at more than just a years' earnings data. … Below, I will run you through a simple sense check to build perspective on how ClearSign Combustion is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its electronic industry peers. … CLIR is loss-making, with the most recent trailing twelve-month earnings of -US$9.6m (from 30 September 2018), which compared to last year has become.

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Is ClearSign Combustion Corporation's (NASDAQ:CLIR) CEO Salary Justified?

Steve Pirnat has been the CEO of ClearSign Combustion Corporation (NASDAQ:CLIR) since 2015. … How Does Steve Pirnat's Compensation Compare With Similar Sized Companies. … It would therefore appear that ClearSign Combustion Corporation pays Steve Pirnat more than the median CEO remuneration at companies of a similar size, in the same market

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Are ClearSign Combustion Corporation's (NASDAQ:CLIR) Interest Costs Too High?

While small-cap stocks, such as ClearSign Combustion Corporation (NASDAQ:CLIR) with its market cap of US$40.59m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Has ClearSign Combustion Corporation (NASDAQ:CLIR) Improved Earnings Growth In Recent Times?

Check out our latest analysis for ClearSign Combustion How CLIR fared against its long-term earnings performance and its industry I like to use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For ClearSign Combustion, its most recent earnings (trailing twelve month) is -US$9.58M, which, in comparison to last year’s level, has become less negative. … This means ClearSign Combustion has historically performed better than recently, although it seems like earnings are now heading back towards a more favorable position once more.

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Who Are The Top Investors In ClearSign Combustion Corporation (NASDAQ:CLIR)?

In this analysis, my focus will be on developing a perspective on ClearSign Combustion Corporation’s (NASDAQ:CLIR) latest ownership structure, a less discussed, but important factor. … Check out our latest analysis for ClearSign Combustion NasdaqCM:CLIR Ownership_summary May 10th 18 Institutional Ownership CLIR's 14.55% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Next Steps: CLIR's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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ClearSign Combustion Corporation's (NASDAQ:CLIR) Single Biggest Risk For Investors

Looking at ClearSign Combustion’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … The measure of how fast ClearSign Combustion goes through its cash reserves over time is called the cash burn rate. … NasdaqCM:CLIR Income Statement Apr 10th 18 When will ClearSign Combustion need to raise more cash?

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Are ClearSign Combustion Corporation's (NASDAQ:CLIR) Interest Costs Too High?

CLIR has increased its debt level by about US$354.00K over the last 12 months made up of predominantly near term debt. … With this increase in debt, CLIR's cash and short-term investments stands at US$1.25M for investing into the business. … Investors' risk associated with debt is very low with CLIR, and the company has plenty of headroom and ability to raise debt should it need to in the future.Next Steps: CLIR’s low debt is also met with low coverage.

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Did ClearSign Combustion Corporation's (NASDAQ:CLIR) Recent Earnings Growth Beat The Trend?

After reading ClearSign Combustion Corporation's (NASDAQ:CLIR) most recent earnings announcement (30 September 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Check out our latest analysis for ClearSign Combustion How Did CLIR's Recent Performance Stack Up Against Its Past? … I like to use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.

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CLIR Company Info

Description

ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems in the United States. Its Duplex, Duplex Plug & Play, and Electrodynamic Combustion Control platform technologies enhance the performance of combustion systems in a range of markets, including energy, commercial/industrial boiler, chemical, petrochemical, and power industries. ClearSign Combustion Corporation was founded in 2008 and is headquartered in Seattle, Washington.

Details
Name: ClearSign Combustion Corporation
CLIR
Exchange: NasdaqCM
Founded: 2008
$25,095,425
26,697,261
Website: http://www.clearsign.com
Address: ClearSign Combustion Corporation
12870 Interurban Avenue South,
Seattle,
Washington, 98168,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CLIR Common Stock Nasdaq Capital Market US USD 25. Apr 2012
DB 4CC Common Stock Deutsche Boerse AG DE EUR 25. Apr 2012
LSE 0I0B Common Stock London Stock Exchange GB USD 25. Apr 2012
Number of employees
Current staff
Staff numbers
17
ClearSign Combustion employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:36
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.