Qorvo Balance Sheet Health
Financial Health criteria checks 5/6
Qorvo has a total shareholder equity of $3.4B and total debt of $2.0B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are $6.5B and $3.1B respectively. Qorvo's EBIT is $360.3M making its interest coverage ratio 13.9. It has cash and short-term investments of $1.1B.
Key information
57.5%
Debt to equity ratio
US$1.96b
Debt
| Interest coverage ratio | 13.9x |
| Cash | US$1.10b |
| Equity | US$3.41b |
| Total liabilities | US$3.09b |
| Total assets | US$6.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KSJ's short term assets ($2.5B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: 0KSJ's short term assets ($2.5B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: 0KSJ's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: 0KSJ's debt to equity ratio has increased from 23.9% to 57.5% over the past 5 years.
Debt Coverage: 0KSJ's debt is well covered by operating cash flow (46.1%).
Interest Coverage: 0KSJ's interest payments on its debt are well covered by EBIT (13.9x coverage).