Cirrus Net Tangible Assets from 2010 to 2024

CRUS Stock  USD 102.55  2.33  2.32%   
Cirrus Logic Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 823.2 M in 2024. Net Tangible Assets is the total assets of Cirrus Logic minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
1.2 B
Current Value
1.2 B
Quarterly Volatility
275.3 M
 
Yuan Drop
 
Covid
Check Cirrus Logic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cirrus Logic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.9 M, Interest Expense of 869.2 K or Selling General Administrative of 100.3 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0097 or PTB Ratio of 2.22. Cirrus financial statements analysis is a perfect complement when working with Cirrus Logic Valuation or Volatility modules.
  
Check out the analysis of Cirrus Logic Correlation against competitors.
For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

Latest Cirrus Logic's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Cirrus Logic over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Cirrus Logic's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cirrus Logic's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Cirrus Net Tangible Assets Regression Statistics

Arithmetic Mean764,458,327
Geometric Mean705,804,355
Coefficient Of Variation39.82
Mean Deviation239,501,148
Median761,463,000
Standard Deviation304,400,527
Sample Variance92659.7T
Range1B
R-Value0.84
Mean Square Error29571.5T
R-Squared0.70
Significance0.000093
Slope57,096,589
Total Sum of Squares1297235.5T

Cirrus Net Tangible Assets History

2024823.2 M
20231.4 B
20221.2 B
2021B
20201.1 B
2019908.3 M
2018786.2 M

About Cirrus Logic Financial Statements

Cirrus Logic shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Cirrus Logic investors may analyze each financial statement separately, they are all interrelated. The changes in Cirrus Logic's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cirrus Logic's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets1.4 B823.2 M

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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.