Cirrus Logic Balance Sheet Health
Financial Health criteria checks 6/6
Cirrus Logic has a total shareholder equity of $1.8B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.3B and $418.0M respectively. Cirrus Logic's EBIT is $374.4M making its interest coverage ratio -15.5. It has cash and short-term investments of $517.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -15.5x |
| Cash | US$517.03m |
| Equity | US$1.85b |
| Total liabilities | US$418.00m |
| Total assets | US$2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRU's short term assets ($1.1B) exceed its short term liabilities ($201.7M).
Long Term Liabilities: CRU's short term assets ($1.1B) exceed its long term liabilities ($216.3M).
Debt to Equity History and Analysis
Debt Level: CRU is debt free.
Reducing Debt: CRU had no debt 5 years ago.
Debt Coverage: CRU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CRU has no debt, therefore coverage of interest payments is not a concern.