Cirrus Historical Balance Sheet
CRUS Stock | USD 108.82 4.00 3.82% |
Trend analysis of Cirrus Logic balance sheet accounts such as Short Long Term Debt Total of 109.2 M, Other Current Liabilities of 47.8 M or Total Current Liabilities of 144.3 M provides information on Cirrus Logic's total assets, liabilities, and equity, which is the actual value of Cirrus Logic to its prevalent stockholders. By breaking down trends over time using Cirrus Logic balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Cirrus Logic latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cirrus Logic is a good buy for the upcoming year.
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About Cirrus Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Cirrus Logic at a specified time, usually calculated after every quarter, six months, or one year. Cirrus Logic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cirrus Logic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cirrus currently owns. An asset can also be divided into two categories, current and non-current.
Cirrus Logic Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Cirrus Logic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cirrus Logic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Cirrus Logic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cirrus Logic are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Cirrus Logic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cirrus Logic current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.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.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 177.8M | 141.1M | 155.2M | 109.2M | Total Assets | 2.1B | 2.1B | 2.2B | 2.3B |
Cirrus Logic balance sheet Correlations
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Cirrus Logic Account Relationship Matchups
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Cirrus Logic balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.8B | 2.1B | 2.1B | 2.2B | 2.3B | |
Other Current Liab | 10.9M | 81.7M | 120.0M | 116.4M | 37.6M | 47.8M | |
Total Current Liabilities | 158.6M | 213.6M | 264.8M | 216.3M | 186.4M | 144.3M | |
Total Stockholder Equity | 1.2B | 1.4B | 1.6B | 1.7B | 1.8B | 1.9B | |
Property Plant And Equipment Net | 299.5M | 288.5M | 328.1M | 291.1M | 308.5M | 323.9M | |
Net Debt | (149.2M) | (299.7M) | (192.0M) | (304.7M) | (347.5M) | (330.2M) | |
Retained Earnings | (201.7M) | (112.7M) | 23.4M | (9.3M) | 58.9M | 61.9M | |
Cash | 292.1M | 442.2M | 369.8M | 445.8M | 502.8M | 527.9M | |
Non Current Assets Total | 942.5M | 988.1M | 1.3B | 1.0B | 1.1B | 1.2B | |
Non Currrent Assets Other | 27.8M | 67.3M | 286.6M | 208.1M | 129.4M | 135.9M | |
Cash And Short Term Investments | 314.1M | 497.9M | 380.4M | 480.8M | 526.5M | 552.9M | |
Net Receivables | 154.0M | 108.7M | 240.3M | 150.5M | 162.5M | 85.1M | |
Common Stock Shares Outstanding | 60.5M | 60.1M | 59.1M | 57.2M | 56.0M | 69.8M | |
Liabilities And Stockholders Equity | 1.6B | 1.8B | 2.1B | 2.1B | 2.2B | 2.3B | |
Non Current Liabilities Total | 204.3M | 228.0M | 258.8M | 189.3M | 228.2M | 239.6M | |
Inventory | 146.7M | 173.3M | 138.4M | 233.5M | 227.2M | 238.6M | |
Other Current Assets | 11.8M | 62.7M | 80.9M | 153.2M | 189.9M | 199.4M | |
Other Stockholder Equity | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B | 885.9M | |
Total Liab | 362.9M | 441.6M | 523.6M | 405.7M | 414.6M | 250.9M | |
Property Plant And Equipment Gross | 299.5M | 288.5M | 157.1M | 291.1M | 561.9M | 590.0M | |
Total Current Assets | 650.2M | 842.5M | 840.0M | 1.0B | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (3.5M) | 2.9M | (2.0M) | (2.5M) | (2.6M) | (2.7M) | |
Accounts Payable | 78.4M | 102.7M | 115.4M | 81.5M | 55.5M | 57.2M | |
Short Term Investments | 22.0M | 55.7M | 10.6M | 35.0M | 23.8M | 22.6M | |
Intangible Assets | 34.4M | 22.0M | 158.1M | 38.9M | 29.6M | 28.1M | |
Other Liab | 96.9M | 74.9M | 100.1M | 95.6M | 110.0M | 115.5M | |
Other Assets | 28.4M | 37.9M | 77.3M | 297.6M | 342.3M | 359.4M | |
Property Plant Equipment | 158.2M | 154.9M | 328.1M | 163.0M | 187.4M | 102.0M | |
Net Tangible Assets | 908.3M | 1.1B | 1.0B | 1.2B | 1.4B | 823.2M | |
Retained Earnings Total Equity | (201.7M) | (112.7M) | 23.4M | (9.3M) | (10.7M) | (11.3M) | |
Capital Surpluse | 1.4B | 1.5B | 1.6B | 1.7B | 1.9B | 1.5B | |
Long Term Investments | 283.6M | 312.8M | 63.7M | 36.5M | 173.4M | 126.0M | |
Non Current Liabilities Other | 204.3M | 228.0M | 22.3M | 7.7M | 41.6M | 39.5M |
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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.