Wolfspeed Financials

WOLF Stock  USD 6.44  0.58  8.26%   
Based on the measurements of operating efficiency obtained from Wolfspeed's historical financial statements, Wolfspeed is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Wolfspeed's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Wolfspeed's current Total Stockholder Equity is estimated to increase to about 1.4 B, while Common Stock Shares Outstanding is projected to decrease to roughly 95.5 M. Key indicators impacting Wolfspeed's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio7.336.9846
Sufficiently Up
Slightly volatile
Current Ratio8.94.5086
Way Up
Very volatile
Investors should never underestimate Wolfspeed'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 Wolfspeed's cash flow, debt, and profitability to make informed and accurate decisions about investing in Wolfspeed.

Net Income

(820.99 Million)

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

Wolfspeed Earnings Geography

Wolfspeed Stock Summary

Wolfspeed competes with NXP Semiconductors, Analog Devices, Microchip Technology, Monolithic Power, and ON Semiconductor. Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride technologies Europe, China, the United States, Japan, South Korea, and internationally. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina. Wolfspeed operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 4017 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS9778521024
CUSIP225447101 977852102
LocationNorth Carolina; U.S.A
Business Address4600 Silicon Drive,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.wolfspeed.com
Phone919 407 5300
CurrencyUSD - US Dollar

Wolfspeed Key Financial Ratios

Wolfspeed Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.4B3.9B6.6B8.0B8.4B
Other Current Liab185.3M376.1M265.4M566.5M542.6M569.7M
Net Debt350M460.1M582.2M4.2B5.2B5.5B
Retained Earnings(1.0B)(1.6B)(1.8B)(2.1B)(2.9B)(2.8B)
Accounts Payable88.1M44.2M57.8M44.9M53M63.8M
Cash448.8M379M449.5M(9.7M)1.0B1.1B
Net Receivables79M102.3M150.2M265.3M289.8M304.3M
Inventory121.9M166.6M227M327.5M461.2M484.3M
Other Current Assets8.7M55.2M182.5M97.5M74M130.7M
Total Liab1.1B1.3B1.5B5.0B7.1B7.5B
Total Current Assets1.6B1.5B1.8B3.6B3.0B3.1B
Intangible Assets156.9M140.5M125.4M115.9M23.9M22.7M
Good Will620.3M530M349.7M359.2M413.1M466.2M
Other Liab47.9M40.1M58.5M35.4M40.7M45.0M
Net Tangible Assets1.4B2.0B2.0B1.6B1.9B1.8B
Other Assets292.6M164M189.4M209.1M188.2M162.9M
Long Term Debt783.8M823.9M1.0B4.2B6.2B6.5B
Net Invested Capital2.9B2.9B3.5B5.8B7.0B4.2B
Net Working Capital1.3B1.0B1.4B3.0B2.3B1.7B
Short Term Debt3.6M10.1M16.7M6.9M7.4M8.7M

Wolfspeed Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue470.7M525.6M746.2M921.9M807.2M695.7M
Gross Profit158.5M164.6M249.3M279.5M77.4M73.5M
Operating Income(222.6M)(238.4M)(248.1M)(380.6M)(372M)(353.4M)
Ebit(205.8M)(294.8M)(261.0M)(235.6M)(326.2M)(309.9M)
Ebitda(108.7M)(173.9M)(131.2M)(71.6M)(145.2M)(137.9M)
Cost Of Revenue312.2M361M496.9M642.4M729.8M455.6M
Income Before Tax(205.6M)(340.2M)(286.1M)(328.5M)(572.5M)(543.9M)
Net Income(197.6M)(341.3M)(295.1M)(329.9M)(864.2M)(821.0M)
Income Tax Expense12.7M(8M)1.1M9M1.4M1.0M
Research Development152M177.8M196.4M225.4M201.9M105.4M
Tax Provision12.7M200K1.1M9M1.4M1.2M
Net Interest Income(18.5M)(35.3M)(13.3M)15.6M(111.3M)(105.7M)
Interest Expense34.9M45.4M25.1M42.6M246.3M258.6M

Wolfspeed Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(8.5M)(44.6M)(68.8M)(97.5M)(152.3M)(144.7M)
Change In Cash(51.7M)(69.8M)70.5M1.3B(711.1M)(675.5M)
Free Cash Flow(263.3M)(701.9M)(804.8M)(1.1B)(3.0B)(2.9B)
Depreciation97.1M120.9M129.8M164M181M94.8M
Other Non Cash Items66.1M94.7M51.7M6.6M(70.7M)(67.2M)
Capital Expenditures234.3M576.4M650.6M962.3M2.3B2.4B
Net Income(197.6M)(341.3M)(295.1M)(329.9M)(573.6M)(544.9M)
End Period Cash Flow448.8M379M449.5M1.8B1.0B1.1B
Dividends Paid16.9M36.2M29.1M19.2M17.3M16.4M
Investments(245.2M)5M(7.5M)(1.1B)(1.9B)(1.8B)
Net Borrowings416.3M(400K)749.5M2.6B3.0B3.1B
Change To Netincome41.9M117.4M(1M)86.2M77.6M133.6M

Wolfspeed Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Wolfspeed's current stock value. Our valuation model uses many indicators to compare Wolfspeed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wolfspeed competition to find correlations between indicators driving Wolfspeed's intrinsic value. More Info.
Wolfspeed 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, Wolfspeed's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Wolfspeed 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.

Wolfspeed Systematic Risk

Wolfspeed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wolfspeed 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Wolfspeed correlated with the market. If Beta is less than 0 Wolfspeed generally moves in the opposite direction as compared to the market. If Wolfspeed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wolfspeed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wolfspeed is generally in the same direction as the market. If Beta > 1 Wolfspeed moves generally in the same direction as, but more than the movement of the benchmark.

Wolfspeed Thematic Clasifications

Wolfspeed is part of Electronic Equipment 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. USA Equities from Electronic Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Electronic EquipmentView
This theme covers USA Equities from Electronic Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Wolfspeed Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wolfspeed'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 Wolfspeed growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0195)

At this time, Wolfspeed's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Wolfspeed November 22, 2024 Opportunity Range

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

Complementary Tools for Wolfspeed Stock analysis

When running Wolfspeed's price analysis, check to measure Wolfspeed'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 Wolfspeed is operating at the current time. Most of Wolfspeed's value examination focuses on studying past and present price action to predict the probability of Wolfspeed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolfspeed's price. Additionally, you may evaluate how the addition of Wolfspeed to your portfolios can decrease your overall portfolio volatility.
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