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 $2.2B and $416.4M respectively. Cirrus Logic's EBIT is $326.6M making its interest coverage ratio -18.2. It has cash and short-term investments of $516.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -18.2x |
Cash | US$516.77m |
Equity | US$1.80b |
Total liabilities | US$416.35m |
Total assets | US$2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HYI's short term assets ($1.2B) exceed its short term liabilities ($178.6M).
Long Term Liabilities: 0HYI's short term assets ($1.2B) exceed its long term liabilities ($237.8M).
Debt to Equity History and Analysis
Debt Level: 0HYI is debt free.
Reducing Debt: 0HYI had no debt 5 years ago.
Debt Coverage: 0HYI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0HYI has no debt, therefore coverage of interest payments is not a concern.