Qorvo Financials
QRVO Stock | USD 67.87 2.21 3.37% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.21 | 0.559 |
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Current Ratio | 4.18 | 1.9885 |
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The essential information of the day-to-day investment outlook for Qorvo includes many different criteria found on its balance sheet. An individual investor should monitor Qorvo's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Qorvo.
Net Income |
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Qorvo | Select Account or Indicator |
Understanding current and past Qorvo Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Qorvo's financial statements are interrelated, with each one affecting the others. For example, an increase in Qorvo's assets may result in an increase in income on the income statement.
Qorvo Earnings Geography
Qorvo Stock Summary
Qorvo competes with NXP Semiconductors, ON Semiconductor, Texas Instruments, Analog Devices, and Lattice Semiconductor. Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company was founded in 1957 and is headquartered in Greensboro, North Carolina. Qorvo operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 8900 people.Specialization | Information Technology, Semiconductors & Semiconductor Equipment |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US74736K1016 |
CUSIP | 74736K101 |
Location | North Carolina; U.S.A |
Business Address | 7628 Thorndike Road, |
Sector | Semiconductors & Semiconductor Equipment |
Industry | Information Technology |
Benchmark | Dow Jones Industrial |
Website | www.qorvo.com |
Phone | 336 664 1233 |
Currency | USD - US Dollar |
Qorvo Key Financial Ratios
Return On Equity | -0.0391 | ||||
Profit Margin | (0.04) % | ||||
Operating Margin | 0.10 % | ||||
Price To Sales | 1.57 X | ||||
Revenue | 3.77 B |
Qorvo Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 7.2B | 7.5B | 6.7B | 6.6B | 3.6B | |
Other Current Liab | 74.2M | 112.7M | 347.2M | 345.1M | 478.5M | 502.4M | |
Retained Earnings | 0.0 | 355.0M | 512.1M | 84.5M | (89.6M) | (94.1M) | |
Accounts Payable | 247.0M | 313.9M | 327.9M | 210.7M | 253.0M | 143.1M | |
Cash | 714.9M | 1.4B | 972.6M | 808.8M | 1.0B | 1.1B | |
Other Assets | 100.2M | 119.5M | 324.1M | 193.4M | 222.4M | 233.5M | |
Long Term Debt | 1.6B | 1.7B | 2.0B | 2.0B | 1.5B | 1.6B | |
Inventory | 517.2M | 507.8M | 755.7M | 796.6M | 710.6M | 746.1M | |
Other Current Assets | 91.2M | 120.7M | 152.7M | 119.9M | 278.8M | 292.8M | |
Total Liab | 2.3B | 2.6B | 3.0B | 2.8B | 3.0B | 3.1B | |
Intangible Assets | 808.9M | 611.2M | 674.8M | 537.7M | 509.4M | 555.5M | |
Common Stock | 4.3B | 4.2B | 4.0B | 3.8B | 3.7B | 2.5B | |
Other Liab | 103.7M | 114.7M | 233.6M | 185.3M | 213.1M | 223.7M | |
Good Will | 2.6B | 2.6B | 2.8B | 2.8B | 2.5B | 2.7B | |
Net Debt | 852.3M | 344.7M | 1.1B | 1.2B | 958.8M | 481.7M | |
Net Receivables | 367.2M | 457.4M | 568.9M | 304.5M | 427.4M | 386.8M | |
Total Current Assets | 1.7B | 2.5B | 2.4B | 2.0B | 2.4B | 1.8B | |
Net Tangible Assets | 869.5M | 1.4B | 1.1B | 604.3M | 543.9M | 967.0M | |
Short Term Debt | 6.9M | 5.1M | 17.4M | 19.4M | 438.7M | 460.7M |
Qorvo Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 60.4M | 75.2M | 63.3M | 68.5M | 69.2M | 72.7M | |
Total Revenue | 3.2B | 4.0B | 4.6B | 3.6B | 3.8B | 1.9B | |
Gross Profit | 1.3B | 1.9B | 2.3B | 1.3B | 1.5B | 804.4M | |
Operating Income | (13.5M) | 426.5M | 883.0M | 183.2M | 91.7M | 96.3M | |
Research Development | 484.4M | 570.4M | 623.6M | 649.8M | 682.2M | 716.4M | |
Cost Of Revenue | 1.9B | 2.1B | 2.4B | 2.3B | 2.3B | 2.4B | |
Income Before Tax | 395.1M | 807.4M | 1.2B | 124.6M | 73.6M | 69.9M | |
Net Income | 334.3M | 733.6M | 1.0B | 103.2M | (70.3M) | (66.8M) | |
Income Tax Expense | 60.8M | 73.8M | 147.7M | 21.5M | 143.9M | 151.1M | |
Ebit | (13.5M) | 882.6M | 1.2B | 193.1M | 142.8M | 75.4M | |
Ebitda | 455.5M | 1.3B | 1.6B | 531.9M | 463.7M | 539.8M | |
Tax Provision | 60.8M | 73.8M | 147.7M | 21.5M | 143.9M | 151.1M | |
Interest Income | 7.0M | 11.0M | 12.1M | 6.9M | 6.2M | 8.0M | |
Net Interest Income | (48.3M) | (75.2M) | (63.3M) | (68.5M) | (69.2M) | (72.7M) |
Qorvo Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Capital Expenditures | 164.1M | 187.0M | 213.5M | 159.0M | 127.2M | 152.6M | |
Net Income | 334.3M | 733.6M | 1.0B | 103.2M | (70.3M) | (66.8M) | |
Change To Netincome | 50.1M | 133.8M | 178.3M | 77.1M | 88.7M | 76.7M | |
Change To Inventory | 10.3M | 9.4M | (236.2M) | (81.5M) | 92.9M | 97.6M | |
End Period Cash Flow | 715.6M | 1.4B | 972.8M | 808.9M | 1.0B | 699.2M | |
Change In Cash | 4.2M | 682.7M | (425.5M) | (163.9M) | 240.3M | 252.3M | |
Free Cash Flow | 781.5M | 1.1B | 835.8M | 684.3M | 706.0M | 559.6M | |
Depreciation | 468.9M | 456.1M | 361.4M | 338.8M | 320.9M | 464.5M | |
Other Non Cash Items | (14.7M) | 62.6M | 62.9M | 264.8M | 299.9M | 314.9M | |
Investments | 2.0M | (218.7M) | (596.0M) | (153.4M) | (136.5M) | (143.3M) | |
Net Borrowings | (145.3M) | 659M | 118.8M | 301.6M | 346.8M | 211.2M | |
Change Receivables | 21.0M | (91.3M) | (107.9M) | 264.8M | 304.5M | 319.7M |
Qorvo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Qorvo's current stock value. Our valuation model uses many indicators to compare Qorvo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Qorvo competition to find correlations between indicators driving Qorvo's intrinsic value. More Info.Qorvo Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Qorvo's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Qorvo's earnings, one of the primary drivers of an investment's value.Qorvo's Earnings Breakdown by Geography
Qorvo Inc Systematic Risk
Qorvo's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Qorvo 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.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Qorvo Inc correlated with the market. If Beta is less than 0 Qorvo generally moves in the opposite direction as compared to the market. If Qorvo Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Qorvo Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Qorvo is generally in the same direction as the market. If Beta > 1 Qorvo moves generally in the same direction as, but more than the movement of the benchmark.
Qorvo Thematic Clasifications
Qorvo Inc 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
This theme covers Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials. Get More Thematic Ideas
Semiconductor | View |
Today, most investors in Qorvo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Qorvo'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 Qorvo growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Qorvo November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Qorvo help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Qorvo Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Qorvo Inc based on widely used predictive technical indicators. In general, we focus on analyzing Qorvo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Qorvo's daily price indicators and compare them against related drivers.
Information Ratio | (0.21) | |||
Maximum Drawdown | 31.92 | |||
Value At Risk | (3.45) | |||
Potential Upside | 2.52 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qorvo. If investors know Qorvo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qorvo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share (1.45) | Revenue Per Share 41.112 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0341 |
The market value of Qorvo Inc is measured differently than its book value, which is the value of Qorvo that is recorded on the company's balance sheet. Investors also form their own opinion of Qorvo's value that differs from its market value or its book value, called intrinsic value, which is Qorvo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qorvo's market value can be influenced by many factors that don't directly affect Qorvo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qorvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qorvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qorvo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.