Cirrus Common Stock Total Equity vs Cash Analysis

CRUS Stock

USD 102.55 2.33 2.32%

Cirrus Logic financial indicator trend analysis is way more than just evaluating Cirrus Logic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cirrus Logic is a good investment. Please check the relationship between Cirrus Logic Common Stock Total Equity and its Cash accounts. 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.

Common Stock Total Equity vs Cash

Common Stock Total Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cirrus Logic Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cirrus Logic's Common Stock Total Equity and Cash is -0.38. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Cirrus Logic, assuming nothing else is changed. The correlation between historical values of Cirrus Logic's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Cirrus Logic are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., Cirrus Logic's Common Stock Total Equity and Cash go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

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Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash

Cash refers to the most liquid asset of Cirrus Logic, which is listed under current asset account on Cirrus Logic balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cirrus Logic customers. The amounts must be unrestricted with restricted cash listed in a different Cirrus Logic account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Cirrus Logic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.Selling General Administrative is likely to drop to about 100.3 M in 2024. Tax Provision is likely to drop to about 57.7 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	923.6M	957.0M	916.1M	961.9M
Total Revenue	1.8B	1.9B	1.8B	1.9B

Gross Profit Total Revenue

Cirrus Logic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.0	0.68	0.85	0.99	0.97	-0.77	0.66	0.94	0.98	0.74	0.9	0.78	0.32	0.85	0.88	0.77	0.74	0.81	0.83	0.96	0.08	0.55	-0.55	-0.63	-0.55
Short Long Term Debt Total	0.0		-0.15	0.22	-0.01	0.01	0.32	-0.67	-0.24	-0.01	0.03	-0.04	0.17	0.65	-0.07	-0.07	-0.08	0.42	0.09	-0.09	0.01	0.06	0.35	-0.67	0.36	-0.67
Other Current Liab	0.68	-0.15		0.75	0.67	0.63	-0.6	0.57	0.65	0.7	0.72	0.58	0.68	0.11	0.58	0.62	0.39	0.59	0.69	0.23	0.61	0.14	0.56	-0.31	-0.52	-0.31
Total Current Liabilities	0.85	0.22	0.75		0.8	0.86	-0.5	0.44	0.73	0.89	0.76	0.71	0.9	0.32	0.84	0.64	0.49	0.83	0.95	0.47	0.75	0.11	0.87	-0.59	-0.5	-0.59
Total Stockholder Equity	0.99	-0.01	0.67	0.8		0.96	-0.82	0.66	0.95	0.95	0.72	0.92	0.75	0.34	0.79	0.91	0.8	0.73	0.75	0.85	0.98	0.04	0.47	-0.56	-0.6	-0.56
Property Plant And Equipment Net	0.97	0.01	0.63	0.86	0.96		-0.73	0.64	0.91	0.97	0.73	0.85	0.81	0.26	0.86	0.82	0.71	0.73	0.83	0.79	0.9	0.02	0.58	-0.52	-0.65	-0.52
Net Debt	-0.77	0.32	-0.6	-0.5	-0.82	-0.73		-0.71	-0.9	-0.68	-0.51	-0.85	-0.46	-0.13	-0.43	-0.84	-0.69	-0.53	-0.41	-0.72	-0.84	0.17	-0.1	0.31	0.56	0.31
Retained Earnings	0.66	-0.67	0.57	0.44	0.66	0.64	-0.71		0.77	0.66	0.64	0.58	0.45	-0.42	0.61	0.56	0.66	0.17	0.49	0.59	0.61	-0.15	0.11	0.23	-0.68	0.23
Cash	0.94	-0.24	0.65	0.73	0.95	0.91	-0.9	0.77		0.89	0.67	0.93	0.63	0.17	0.76	0.87	0.81	0.61	0.7	0.85	0.95	0.03	0.38	-0.38	-0.67	-0.38
Non Current Assets Total	0.98	-0.01	0.7	0.89	0.95	0.97	-0.68	0.66	0.89		0.75	0.8	0.83	0.25	0.92	0.81	0.68	0.72	0.88	0.75	0.87	0.1	0.63	-0.5	-0.69	-0.5
Non Currrent Assets Other	0.74	0.03	0.72	0.76	0.72	0.73	-0.51	0.64	0.67	0.75		0.58	0.75	-0.02	0.64	0.5	0.71	0.49	0.68	0.44	0.68	-0.09	0.48	-0.21	-0.54	-0.21
Cash And Short Term Investments	0.9	-0.04	0.58	0.71	0.92	0.85	-0.85	0.58	0.93	0.8	0.58		0.59	0.37	0.65	0.84	0.77	0.68	0.62	0.81	0.97	0.05	0.4	-0.56	-0.36	-0.56
Net Receivables	0.78	0.17	0.68	0.9	0.75	0.81	-0.46	0.45	0.63	0.83	0.75	0.59		0.23	0.72	0.56	0.39	0.82	0.87	0.39	0.66	0.05	0.71	-0.52	-0.51	-0.52
Common Stock Shares Outstanding	0.32	0.65	0.11	0.32	0.34	0.26	-0.13	-0.42	0.17	0.25	-0.02	0.37	0.23		0.12	0.4	0.06	0.51	0.16	0.22	0.38	0.28	0.39	-0.92	0.13	-0.92
Non Current Liabilities Total	0.85	-0.07	0.58	0.84	0.79	0.86	-0.43	0.61	0.76	0.92	0.64	0.65	0.72	0.12		0.63	0.57	0.56	0.92	0.66	0.71	0.28	0.7	-0.33	-0.67	-0.33
Inventory	0.88	-0.07	0.62	0.64	0.91	0.82	-0.84	0.56	0.87	0.81	0.5	0.84	0.56	0.4	0.63		0.71	0.69	0.58	0.8	0.91	0.11	0.33	-0.57	-0.6	-0.57
Other Current Assets	0.77	-0.08	0.39	0.49	0.8	0.71	-0.69	0.66	0.81	0.68	0.71	0.77	0.39	0.06	0.57	0.71		0.37	0.43	0.87	0.84	-0.05	0.09	-0.22	-0.48	-0.22
Other Stockholder Equity	0.74	0.42	0.59	0.83	0.73	0.73	-0.53	0.17	0.61	0.72	0.49	0.68	0.82	0.51	0.56	0.69	0.37		0.76	0.45	0.71	0.14	0.63	-0.8	-0.32	-0.8
Total Liab	0.81	0.09	0.69	0.95	0.75	0.83	-0.41	0.49	0.7	0.88	0.68	0.62	0.87	0.16	0.92	0.58	0.43	0.76		0.48	0.66	0.23	0.84	-0.45	-0.59	-0.45
Property Plant And Equipment Gross	0.83	-0.09	0.23	0.47	0.85	0.79	-0.72	0.59	0.85	0.75	0.44	0.81	0.39	0.22	0.66	0.8	0.87	0.45	0.48		0.87	0.02	0.13	-0.36	-0.51	-0.36
Total Current Assets	0.96	0.01	0.61	0.75	0.98	0.9	-0.84	0.61	0.95	0.87	0.68	0.97	0.66	0.38	0.71	0.91	0.84	0.71	0.66	0.87		0.05	0.41	-0.58	-0.5	-0.58
Short Term Debt	0.08	0.06	0.14	0.11	0.04	0.02	0.17	-0.15	0.03	0.1	-0.09	0.05	0.05	0.28	0.28	0.11	-0.05	0.14	0.23	0.02	0.05		0.19	-0.24	-0.05	-0.24
Accounts Payable	0.55	0.35	0.56	0.87	0.47	0.58	-0.1	0.11	0.38	0.63	0.48	0.4	0.71	0.39	0.7	0.33	0.09	0.63	0.84	0.13	0.41	0.19		-0.55	-0.25	-0.55
Common Stock Total Equity	-0.55	-0.67	-0.31	-0.59	-0.56	-0.52	0.31	0.23	-0.38	-0.5	-0.21	-0.56	-0.52	-0.92	-0.33	-0.57	-0.22	-0.8	-0.45	-0.36	-0.58	-0.24	-0.55		0.02	1.0
Short Term Investments	-0.63	0.36	-0.52	-0.5	-0.6	-0.65	0.56	-0.68	-0.67	-0.69	-0.54	-0.36	-0.51	0.13	-0.67	-0.6	-0.48	-0.32	-0.59	-0.51	-0.5	-0.05	-0.25	0.02		0.02
Common Stock	-0.55	-0.67	-0.31	-0.59	-0.56	-0.52	0.31	0.23	-0.38	-0.5	-0.21	-0.56	-0.52	-0.92	-0.33	-0.57	-0.22	-0.8	-0.45	-0.36	-0.58	-0.24	-0.55	1.0	0.02

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Cirrus Logic Account Relationship Matchups

Cirrus Logic fundamental ratios 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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