Wolfspeed Balance Sheet Health
Financial Health criteria checks 2/6
Wolfspeed has a total shareholder equity of $628.9M and total debt of $6.2B, which brings its debt-to-equity ratio to 981.1%. Its total assets and total liabilities are $7.9B and $7.2B respectively.
Key information
981.1%
Debt to equity ratio
US$6.17b
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.69b |
| Equity | US$628.90m |
| Total liabilities | US$7.23b |
| Total assets | US$7.86b |
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 01Recent updates
Why Wolfspeed's $11 Billion Design Wins Aren't Enough
Dec 10Not Many Are Piling Into Wolfspeed, Inc. (NYSE:WOLF) Stock Yet As It Plummets 27%
Nov 13Wolfspeed: Anything But Getting Up To Speed
Nov 08Wolfspeed: Set Up For Big Future
Oct 17Wolfspeed: Undervalued Despite Competition In SiC
Oct 08Wolfspeed, Inc. (NYSE:WOLF) Might Not Be As Mispriced As It Looks After Plunging 41%
Sep 22Wolfspeed: More Concerning By The Day
Aug 29Wolfspeed: Designed For The Future
Aug 22Slammed 48% Wolfspeed, Inc. (NYSE:WOLF) Screens Well Here But There Might Be A Catch
Aug 08Wolfspeed: Down, But Not Out
Jul 09Potential Upside For Wolfspeed, Inc. (NYSE:WOLF) Not Without Risk
May 11Wolfspeed: Anything But Speed Of Progress
May 02Wolfspeed, 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 05Financial Position Analysis
Short Term Liabilities: WOLF's short term assets ($2.5B) exceed its short term liabilities ($782.9M).
Long Term Liabilities: WOLF's short term assets ($2.5B) do not cover its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: WOLF's net debt to equity ratio (712.7%) is considered high.
Reducing Debt: WOLF's debt to equity ratio has increased from 23.4% to 981.1% 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 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if WOLF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wolfspeed, Inc. is covered by 64 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexi Unger | Arete Research Services LLP |
| James Fontanelli | Arete Research Services LLP |
| Ishan Majumdar | Baptista Research |