Wolfspeed Balance Sheet Health
Financial Health criteria checks 3/6
Wolfspeed has a total shareholder equity of $1.2B and total debt of $5.2B, which brings its debt-to-equity ratio to 449.3%. Its total assets and total liabilities are $7.3B and $6.1B respectively.
Key information
449.3%
Debt to equity ratio
US$5.17b
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.64b |
| Equity | US$1.15b |
| Total liabilities | US$6.14b |
| Total assets | US$7.29b |
Recent financial health updates
Wolfspeed (NYSE:WOLF) Is Carrying A Fair Bit Of Debt
Nov 15
Wolfspeed (NYSE:WOLF) Is Making Moderate Use Of Debt
Jun 01Is Wolfspeed (NYSE:WOLF) Using Too Much Debt?
Feb 13Health Check: How Prudently Does Wolfspeed (NYSE:WOLF) Use Debt?
Jul 25Recent updates
Wolfspeed, Inc. (NYSE:WOLF) Shares Could Be 36% Below Their Intrinsic Value Estimate
Mar 15Is There Now An Opportunity In Wolfspeed, Inc. (NYSE:WOLF)?
Feb 23Wolfspeed: Capitalize On Strong EV Growth, Compelling Valuation
Feb 13Investors Give Wolfspeed, Inc. (NYSE:WOLF) Shares A 30% Hiding
Jan 18Wolfspeed: Lower Growth Already Priced In
Jan 10Wolfspeed: An Interesting Battleground Stock
Dec 07Wolfspeed (NYSE:WOLF) Is Carrying A Fair Bit Of Debt
Nov 15Wolfspeed: Major Headwinds Ahead
Nov 15Wolfspeed Shows Some Progress
Nov 01At US$34.28, Is It Time To Put Wolfspeed, Inc. (NYSE:WOLF) On Your Watch List?
Oct 19Wolfspeed: Poised For Supercharged Growth
Oct 03Wolfspeed, Inc.'s (NYSE:WOLF) Intrinsic Value Is Potentially 28% Above Its Share Price
Aug 24Some Wolfspeed, Inc. (NYSE:WOLF) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 24Wolfspeed: Accounting Change Spooks Investors, But The Story Hasn't Changed
Aug 18New Supply Agreement Boosts Investor Confidence In Wolfspeed, But Execution Is Crucial
Jul 05Wolfspeed: DHL Shipping Is Still A Lot Cheaper Than A $2B Fab Close To A German Customer
Jun 28At US$50.80, Is Wolfspeed, Inc. (NYSE:WOLF) Worth Looking At Closely?
Jun 27Wolfspeed: High Valuation, Low Certainty
Jun 07Wolfspeed (NYSE:WOLF) Is Making Moderate Use Of Debt
Jun 01It's Down 32% But Wolfspeed, Inc. (NYSE:WOLF) Could Be Riskier Than It Looks
May 05Is Wolfspeed (NYSE:WOLF) Using Too Much Debt?
Feb 13Wolfspeed will reportedly announce a new $2.2B German chip plant
Feb 01Wolfspeed Q2 2023 Earnings Preview
Jan 24Wolfspeed promotes Elif Balkas to chief technology officer
Jan 11Wolfspeed extends silicon carbide wafer supply deal with major semiconductor company
Dec 15Wolfspeed: Superb 45% Revenue Growth
Oct 23Wolfspeed: Buy At The Pullback Despite Increasing Competition
Oct 11Wolfspeed: Separating Automotive SiC Hype From Reality
Sep 21Wolfspeed to build silicon carbide wafer plant in North Carolina
Sep 09Wolfspeed: Full Speed Ahead
Aug 29Wolfspeed Q4 2022 Earnings Preview
Aug 16Wolfspeed: A Potential Deflation Enabler But Comes With Risks
Jul 27Health Check: How Prudently Does Wolfspeed (NYSE:WOLF) Use Debt?
Jul 25A Look At The Intrinsic Value Of Wolfspeed, Inc. (NYSE:WOLF)
Jun 02Wolfspeed: New Factory Sets Bullish Expectations
May 17Financial Position Analysis
Short Term Liabilities: WOLF's short term assets ($3.4B) exceed its short term liabilities ($671.2M).
Long Term Liabilities: WOLF's short term assets ($3.4B) do not cover its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: WOLF's net debt to equity ratio (220.1%) is considered high.
Reducing Debt: WOLF's debt to equity ratio has increased from 20.6% to 449.3% 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: WOLF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WOLF has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 51.2% each year.