Cirrus Retained Earnings vs Other Current Assets Analysis

CRUS Stock

USD 89.71 1.18 1.33%

Cirrus Logic financial indicator trend analysis is way more than just evaluating Cirrus Logic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cirrus Logic is a good investment. Please check the relationship between Cirrus Logic Retained Earnings and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cirrus Logic Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Cirrus Logic's Retained Earnings and Other Current Assets is 0.51. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Cirrus Logic, assuming nothing else is changed. The correlation between historical values of Cirrus Logic's Retained Earnings and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Cirrus Logic are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., Cirrus Logic's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Cirrus Logic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cirrus Logic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.At this time, Cirrus Logic's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 7.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 98.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	923.6M	957.0M	1.1B	1.2B
Total Revenue	1.8B	1.9B	2.2B	2.3B

Gross Profit Total Revenue

Cirrus Logic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.19	0.47	0.86	0.99	0.97	-0.73	0.63	0.95	0.98	0.82	0.91	0.91	0.4	0.84	0.9	0.79	0.94	0.8	0.9	0.96	-0.03	0.59	-0.54	-0.61	-0.54
Short Long Term Debt Total	0.19		-0.07	0.4	0.18	0.21	0.15	-0.52	-0.05	0.2	0.12	0.11	0.27	0.69	0.13	0.1	0.27	0.43	0.3	0.13	0.17	0.09	0.47	-0.75	0.16	-0.75
Other Current Liab	0.47	-0.07		0.41	0.48	0.36	-0.54	0.42	0.45	0.49	0.22	0.38	0.44	0.26	0.39	0.54	0.28	0.41	0.43	0.29	0.41	0.33	0.29	-0.34	-0.43	-0.34
Total Current Liabilities	0.86	0.4	0.41		0.82	0.85	-0.54	0.48	0.76	0.88	0.72	0.73	0.86	0.36	0.84	0.65	0.73	0.79	0.96	0.7	0.77	-0.01	0.85	-0.56	-0.51	-0.56
Total Stockholder Equity	0.99	0.18	0.48	0.82		0.96	-0.78	0.63	0.95	0.95	0.81	0.93	0.89	0.42	0.77	0.92	0.81	0.95	0.74	0.91	0.98	-0.06	0.52	-0.55	-0.58	-0.55
Property Plant And Equipment Net	0.97	0.21	0.36	0.85	0.96		-0.7	0.62	0.92	0.97	0.79	0.86	0.91	0.34	0.85	0.83	0.75	0.9	0.81	0.91	0.91	-0.09	0.6	-0.5	-0.64	-0.5
Net Debt	-0.73	0.15	-0.54	-0.54	-0.78	-0.7		-0.67	-0.86	-0.65	-0.53	-0.8	-0.56	-0.19	-0.39	-0.79	-0.64	-0.66	-0.43	-0.7	-0.78	0.26	-0.19	0.32	0.53	0.32
Retained Earnings	0.63	-0.52	0.42	0.48	0.63	0.62	-0.67		0.74	0.65	0.67	0.54	0.56	-0.39	0.59	0.55	0.51	0.34	0.51	0.52	0.57	-0.24	0.18	0.26	-0.67	0.26
Cash	0.95	-0.05	0.45	0.76	0.95	0.92	-0.86	0.74		0.9	0.77	0.93	0.79	0.26	0.75	0.89	0.77	0.84	0.7	0.89	0.95	-0.07	0.44	-0.38	-0.65	-0.38
Non Current Assets Total	0.98	0.2	0.49	0.88	0.95	0.97	-0.65	0.65	0.9		0.8	0.82	0.93	0.33	0.91	0.82	0.72	0.88	0.87	0.86	0.88	-0.01	0.66	-0.49	-0.68	-0.49
Non Currrent Assets Other	0.82	0.12	0.22	0.72	0.81	0.79	-0.53	0.67	0.77	0.8		0.7	0.82	0.11	0.65	0.66	0.87	0.7	0.62	0.6	0.8	-0.18	0.4	-0.21	-0.54	-0.21
Cash And Short Term Investments	0.91	0.11	0.38	0.73	0.93	0.86	-0.8	0.54	0.93	0.82	0.7		0.74	0.45	0.63	0.86	0.74	0.89	0.62	0.87	0.97	-0.05	0.45	-0.55	-0.35	-0.55
Net Receivables	0.91	0.27	0.44	0.86	0.89	0.91	-0.56	0.56	0.79	0.93	0.82	0.74		0.37	0.81	0.7	0.7	0.84	0.81	0.71	0.82	-0.06	0.67	-0.52	-0.58	-0.52
Common Stock Shares Outstanding	0.4	0.69	0.26	0.36	0.42	0.34	-0.19	-0.39	0.26	0.33	0.11	0.45	0.37		0.17	0.47	0.24	0.67	0.22	0.39	0.48	0.28	0.38	-0.94	0.09	-0.94
Non Current Liabilities Total	0.84	0.13	0.39	0.84	0.77	0.85	-0.39	0.59	0.75	0.91	0.65	0.63	0.81	0.17		0.62	0.53	0.69	0.92	0.74	0.69	0.19	0.76	-0.33	-0.66	-0.33
Inventory	0.9	0.1	0.54	0.65	0.92	0.83	-0.79	0.55	0.89	0.82	0.66	0.86	0.7	0.47	0.62		0.74	0.89	0.56	0.9	0.93	0.03	0.33	-0.52	-0.58	-0.52
Other Current Assets	0.79	0.27	0.28	0.73	0.81	0.75	-0.64	0.51	0.77	0.72	0.87	0.74	0.7	0.24	0.53	0.74		0.76	0.6	0.66	0.82	-0.12	0.35	-0.38	-0.49	-0.38
Other Stockholder Equity	0.94	0.43	0.41	0.79	0.95	0.9	-0.66	0.34	0.84	0.88	0.7	0.89	0.84	0.67	0.69	0.89	0.76		0.68	0.88	0.95	0.02	0.55	-0.77	-0.43	-0.77
Total Liab	0.8	0.3	0.43	0.96	0.74	0.81	-0.43	0.51	0.7	0.87	0.62	0.62	0.81	0.22	0.92	0.56	0.6	0.68		0.67	0.66	0.11	0.87	-0.44	-0.59	-0.44
Property Plant And Equipment Gross	0.9	0.13	0.29	0.7	0.91	0.91	-0.7	0.52	0.89	0.86	0.6	0.87	0.71	0.39	0.74	0.9	0.66	0.88	0.67		0.9	-0.04	0.43	-0.5	-0.55	-0.5
Total Current Assets	0.96	0.17	0.41	0.77	0.98	0.91	-0.78	0.57	0.95	0.88	0.8	0.97	0.82	0.48	0.69	0.93	0.82	0.95	0.66	0.9		-0.05	0.46	-0.56	-0.48	-0.56
Short Term Debt	-0.03	0.09	0.33	-0.01	-0.06	-0.09	0.26	-0.24	-0.07	-0.01	-0.18	-0.05	-0.06	0.28	0.19	0.03	-0.12	0.02	0.11	-0.04	-0.05		0.12	-0.21	0.01	-0.21
Accounts Payable	0.59	0.47	0.29	0.85	0.52	0.6	-0.19	0.18	0.44	0.66	0.4	0.45	0.67	0.38	0.76	0.33	0.35	0.55	0.87	0.43	0.46	0.12		-0.57	-0.29	-0.57
Common Stock Total Equity	-0.54	-0.75	-0.34	-0.56	-0.55	-0.5	0.32	0.26	-0.38	-0.49	-0.21	-0.55	-0.52	-0.94	-0.33	-0.52	-0.38	-0.77	-0.44	-0.5	-0.56	-0.21	-0.57		0.02	1.0
Short Term Investments	-0.61	0.16	-0.43	-0.51	-0.58	-0.64	0.53	-0.67	-0.65	-0.68	-0.54	-0.35	-0.58	0.09	-0.66	-0.58	-0.49	-0.43	-0.59	-0.55	-0.48	0.01	-0.29	0.02		0.02
Common Stock	-0.54	-0.75	-0.34	-0.56	-0.55	-0.5	0.32	0.26	-0.38	-0.49	-0.21	-0.55	-0.52	-0.94	-0.33	-0.52	-0.38	-0.77	-0.44	-0.5	-0.56	-0.21	-0.57	1.0	0.02

Click cells to compare fundamentals

Cirrus Logic Account Relationship Matchups

Cirrus Logic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.8B	2.1B	2.1B	2.4B	2.5B
Other Current Liab	10.9M	28.0M	52.7M	42.3M	38.1M	30.6M
Total Current Liabilities	158.6M	213.6M	264.8M	216.3M	248.8M	142.6M
Total Stockholder Equity	1.2B	1.4B	1.6B	1.7B	1.9B	2.0B
Property Plant And Equipment Net	299.5M	288.5M	328.1M	291.1M	334.8M	351.5M
Net Debt	(149.2M)	(299.7M)	(192.0M)	(304.7M)	(274.2M)	(260.5M)
Retained Earnings	(201.7M)	(112.7M)	23.4M	(9.3M)	(8.4M)	(8.8M)
Cash	292.1M	442.2M	369.8M	445.8M	512.7M	538.3M
Non Current Assets Total	942.5M	988.1M	1.3B	1.0B	1.2B	1.3B
Non Currrent Assets Other	27.8M	67.3M	286.6M	208.1M	239.3M	251.3M
Cash And Short Term Investments	314.1M	497.9M	380.4M	480.8M	552.9M	580.5M
Net Receivables	154.0M	108.7M	240.3M	150.5M	173.0M	181.7M
Common Stock Shares Outstanding	60.5M	60.1M	59.1M	57.2M	65.8M	70.0M
Liabilities And Stockholders Equity	1.6B	1.8B	2.1B	2.1B	2.4B	2.5B
Non Current Liabilities Total	204.3M	228.0M	258.8M	189.3M	217.7M	228.6M
Inventory	146.7M	173.3M	138.4M	233.5M	268.5M	281.9M
Other Current Assets	11.8M	25.1M	40.1M	57.0M	51.3M	36.4M
Other Stockholder Equity	1.4B	1.5B	1.6B	1.7B	1.9B	2.0B
Total Liab	362.9M	441.6M	523.6M	405.7M	466.5M	245.3M
Property Plant And Equipment Gross	299.5M	288.5M	157.1M	291.1M	334.8M	351.5M
Total Current Assets	650.2M	842.5M	840.0M	1.0B	1.2B	1.2B
Accumulated Other Comprehensive Income	(3.5M)	2.9M	(2.0M)	(2.5M)	(2.9M)	(3.1M)
Accounts Payable	78.4M	102.7M	115.4M	81.5M	73.3M	57.6M
Short Term Investments	22.0M	55.7M	10.6M	35.0M	31.5M	29.9M
Intangible Assets	34.4M	22.0M	158.1M	38.9M	44.7M	70.0M
Other Liab	96.9M	74.9M	100.1M	95.6M	110.0M	115.5M
Other Assets	28.4M	37.9M	77.3M	297.6M	342.3M	359.4M
Property Plant Equipment	158.2M	154.9M	328.1M	163.0M	187.4M	102.0M
Net Tangible Assets	908.3M	1.1B	1.0B	1.2B	1.4B	823.2M
Retained Earnings Total Equity	(201.7M)	(112.7M)	23.4M	(9.3M)	(10.7M)	(11.3M)
Capital Surpluse	1.4B	1.5B	1.6B	1.7B	1.9B	1.5B
Long Term Investments	283.6M	312.8M	63.7M	36.5M	42.0M	39.9M
Non Current Liabilities Other	204.3M	228.0M	22.3M	7.7M	8.9M	8.4M

Cirrus Logic Investors Sentiment

The influence of Cirrus Logic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cirrus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Cirrus Logic's public news can be used to forecast risks associated with an investment in Cirrus. The trend in average sentiment can be used to explain how an investor holding Cirrus can time the market purely based on public headlines and social activities around Cirrus Logic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Cirrus Logic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cirrus Logic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cirrus Logic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cirrus Logic.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cirrus Logic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cirrus Logic's short interest history, or implied volatility extrapolated from Cirrus Logic options trading.

Pair Trading with Cirrus Logic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cirrus Logic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cirrus Logic will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cirrus Stock

0.72

TSM

Taiwan Semiconductor Aggressive Push

Pair Corr

Moving against Cirrus Stock

0.49	TWLO	Twilio Inc Financial Report 14th of May 2024	Pair Corr
0.41	UIS	Unisys Financial Report 7th of May 2024	Pair Corr

The ability to find closely correlated positions to Cirrus Logic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cirrus Logic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cirrus Logic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cirrus Logic to buy it.

The correlation of Cirrus Logic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cirrus Logic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cirrus Logic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cirrus Logic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cirrus Logic is a strong investment it is important to analyze Cirrus Logic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cirrus Logic's future performance. For an informed investment choice regarding Cirrus Stock, refer to the following important reports:

How To Invest In Cirrus

Details

Is Cirrus Stock a good investment?

Details

What is Cirrus Logic's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Cirrus Stock analysis

When running Cirrus Logic's price analysis, check to measure Cirrus Logic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.

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Is Cirrus Logic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cirrus Logic. If investors know Cirrus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cirrus Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.366

Earnings Share

3.16

Revenue Per Share

32.758

Quarterly Revenue Growth

0.048

Return On Assets

0.0931

The market value of Cirrus Logic is measured differently than its book value, which is the value of Cirrus that is recorded on the company's balance sheet. Investors also form their own opinion of Cirrus Logic's value that differs from its market value or its book value, called intrinsic value, which is Cirrus Logic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cirrus Logic's market value can be influenced by many factors that don't directly affect Cirrus Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cirrus Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cirrus Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cirrus Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cirrus Retained Earnings vs Other Current Assets Analysis

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Other Current Assets

Cirrus Logic fundamental ratios Correlations

Cirrus Logic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cirrus Logic fundamental ratios Accounts

Cirrus Logic Investors Sentiment

Pair Trading with Cirrus Logic

Moving together with Cirrus Stock

Moving against Cirrus Stock

Complementary Tools for Cirrus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net

Common Stock	- 0.94	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.94	Common Stock Shares Outstanding
Cash	- 0.86	Net Debt
Cash And Short Term Investments	- 0.8	Net Debt
Inventory	- 0.79	Net Debt
Total Current Assets	- 0.78	Net Debt