Cirrus Logic Financials

CRUS Stock  USD 105.52  1.89  1.76%   
Based on the measurements of operating efficiency obtained from Cirrus Logic's historical financial statements, Cirrus Logic may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Cirrus Logic's Cash And Short Term Investments are comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 69.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 144.3 M in 2024. Key indicators impacting Cirrus Logic's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.110.1535
Way Down
Slightly volatile
Return On Assets0.110.123
Moderately Down
Slightly volatile
Return On Equity0.140.1511
Significantly Down
Slightly volatile
Debt Equity Ratio0.0080.0114
Way Down
Slightly volatile
Current Ratio4.385.9347
Way Down
Pretty Stable
Investors should never underestimate Cirrus Logic's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cirrus Logic's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cirrus Logic.

Net Income

288.3 Million

  
Understanding current and past Cirrus Logic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cirrus Logic's financial statements are interrelated, with each one affecting the others. For example, an increase in Cirrus Logic's assets may result in an increase in income on the income statement.

Cirrus Logic Earnings Geography

Please note, the imprecision that can be found in Cirrus Logic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cirrus Logic. Check Cirrus Logic's Beneish M Score to see the likelihood of Cirrus Logic's management manipulating its earnings.

Cirrus Logic Stock Summary

Cirrus Logic competes with First Solar, Sunrun, Canadian Solar, SolarEdge Technologies, and Sunnova Energy. Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas. Cirrus Logic operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 1591 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1727551004
CUSIP172755100
LocationTexas; U.S.A
Business Address800 West 6th
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.cirrus.com
Phone512 851 4000
CurrencyUSD - US Dollar

Cirrus Logic Key Financial Ratios

Cirrus Logic Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.8B2.1B2.1B2.2B2.3B
Other Current Liab10.9M81.7M120.0M116.4M37.6M47.8M
Net Debt(149.2M)(299.7M)(192.0M)(304.7M)(347.5M)(330.2M)
Retained Earnings(201.7M)(112.7M)23.4M(9.3M)58.9M61.9M
Cash292.1M442.2M369.8M445.8M502.8M527.9M
Net Receivables154.0M108.7M240.3M150.5M162.5M85.1M
Inventory146.7M173.3M138.4M233.5M227.2M238.6M
Other Current Assets11.8M62.7M80.9M153.2M189.9M199.4M
Total Liab362.9M441.6M523.6M405.7M414.6M250.9M
Total Current Assets650.2M842.5M840.0M1.0B1.1B1.2B
Accounts Payable78.4M102.7M115.4M81.5M55.5M57.2M
Intangible Assets34.4M22.0M158.1M38.9M29.6M28.1M
Other Liab96.9M74.9M100.1M95.6M110.0M115.5M
Other Assets28.4M37.9M77.3M297.6M342.3M359.4M
Net Tangible Assets908.3M1.1B1.0B1.2B1.4B823.2M
Capital Surpluse1.4B1.5B1.6B1.7B1.9B1.5B

Cirrus Logic Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory17.8M(26.5M)42.5M(95.0M)6.2M6.5M
Change In Cash75.9M150.0M(72.4M)76.0M57.0M59.8M
Free Cash Flow274.2M328.5M94.7M302.9M383.3M402.5M
Depreciation68.2M47.1M62.1M71.2M48.3M39.7M
Other Non Cash Items23.0M101K1.0M100.2M4.4M6.6M
Capital Expenditures21.6M20.5M30.0M36.7M38.3M30.0M
Net Income159.5M217.3M326.4M176.7M274.6M288.3M
End Period Cash Flow292.1M442.2M369.8M445.8M502.8M527.9M
Change To Netincome70.9M51.3M52.4M147.3M169.4M177.8M
Investments(78.6M)(57.2M)288.5M(33.3M)(163.0M)(154.9M)
Change Receivables(33.1M)45.3M(124.8M)89.8M103.3M108.4M

Cirrus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cirrus Logic's current stock value. Our valuation model uses many indicators to compare Cirrus Logic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cirrus Logic competition to find correlations between indicators driving Cirrus Logic's intrinsic value. More Info.
Cirrus Logic is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.62  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cirrus Logic is roughly  1.62 . At this time, Cirrus Logic's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cirrus Logic by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Cirrus Logic Systematic Risk

Cirrus Logic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cirrus Logic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cirrus Logic correlated with the market. If Beta is less than 0 Cirrus Logic generally moves in the opposite direction as compared to the market. If Cirrus Logic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cirrus Logic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cirrus Logic is generally in the same direction as the market. If Beta > 1 Cirrus Logic moves generally in the same direction as, but more than the movement of the benchmark.

Cirrus Logic Thematic Clasifications

Cirrus Logic is part of Semiconductor investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials
SemiconductorView
This theme covers Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials. Get More Thematic Ideas
Today, most investors in Cirrus Logic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cirrus Logic's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cirrus Logic growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.42)

At this time, Cirrus Logic's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Cirrus Logic November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cirrus Logic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cirrus Logic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cirrus Logic based on widely used predictive technical indicators. In general, we focus on analyzing Cirrus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cirrus Logic's daily price indicators and compare them against related drivers.

Additional Tools for Cirrus Stock Analysis

When running Cirrus Logic's price analysis, check to measure Cirrus Logic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.