Wolfspeed Balance Sheet Health
Financial Health criteria checks 2/6
Wolfspeed has a total shareholder equity of $1.0B and total debt of $5.7B, which brings its debt-to-equity ratio to 553.9%. Its total assets and total liabilities are $7.7B and $6.7B respectively.
Key information
553.9%
Debt to equity ratio
US$5.66b
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.55b |
| Equity | US$1.02b |
| Total liabilities | US$6.67b |
| Total assets | US$7.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CR6A's short term assets ($3.3B) exceed its short term liabilities ($727.0M).
Long Term Liabilities: CR6A's short term assets ($3.3B) do not cover its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: CR6A's net debt to equity ratio (304.5%) is considered high.
Reducing Debt: CR6A's debt to equity ratio has increased from 22.4% to 553.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CR6A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CR6A has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 51.8% each year.