Cirrus Share Based Compensation vs Capital Expenditure Analysis

CRUS Stock  USD 103.78  1.54  1.51%   
Trend analysis of Cirrus Logic balance sheet accounts such as Short Long Term Debt Total of 107.7 M, Other Current Liabilities of 115.7 M or Total Current Liabilities of 144.3 M provides information on Cirrus Logic's total assets, liabilities, and equity, which is the actual value of Cirrus Logic to its prevalent stockholders. By breaking down trends over time using Cirrus Logic balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Cirrus Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cirrus Logic at a specified time, usually calculated after every quarter, six months, or one year. Cirrus Logic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cirrus Logic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cirrus currently owns. An asset can also be divided into two categories, current and non-current.

Cirrus Logic Balance Sheet Chart

Cirrus Logic Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Cirrus Logic uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Cirrus Logic's Cash And Short Term Investments are comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 69.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 144.3 M in 2024.

Total Assets

Total assets refers to the total amount of Cirrus Logic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cirrus Logic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Cirrus Logic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cirrus Logic are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 14.19 in 2024, whereas Selling General Administrative is likely to drop slightly above 98.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit923.6M957.0M924.4M970.6M
Total Revenue1.8B1.9B1.8B1.9B

Cirrus Logic fundamental ratios Correlations

0.190.730.850.990.97-0.770.660.940.980.770.90.780.320.850.880.660.930.810.90.96-0.020.55-0.55-0.630.48
0.19-0.110.390.180.220.16-0.51-0.060.20.160.10.360.670.120.120.00.430.290.130.170.10.45-0.760.17-0.16
0.73-0.110.380.760.6-0.710.640.740.670.480.680.390.230.550.790.770.70.390.640.750.170.05-0.3-0.520.71
0.850.390.380.80.86-0.50.440.730.890.750.710.90.320.840.640.280.760.950.650.750.00.87-0.59-0.50.07
0.990.180.760.80.96-0.820.660.950.950.760.920.750.340.790.910.690.950.750.910.98-0.060.47-0.56-0.60.51
0.970.220.60.860.96-0.730.640.910.970.750.850.810.260.860.820.580.890.830.90.9-0.090.58-0.52-0.650.41
-0.770.16-0.71-0.5-0.82-0.73-0.71-0.9-0.68-0.54-0.85-0.46-0.13-0.43-0.84-0.6-0.71-0.41-0.75-0.840.25-0.10.310.56-0.47
0.66-0.510.640.440.660.64-0.710.770.660.670.580.45-0.420.610.560.560.390.490.560.61-0.230.110.23-0.680.53
0.94-0.060.740.730.950.91-0.90.770.890.710.930.630.170.760.870.70.840.70.890.95-0.070.38-0.38-0.670.55
0.980.20.670.890.950.97-0.680.660.890.770.80.830.250.920.810.560.870.880.850.87-0.010.63-0.5-0.690.39
0.770.160.480.750.760.75-0.540.670.710.770.620.73-0.010.650.540.570.640.660.510.72-0.190.44-0.21-0.550.4
0.90.10.680.710.920.85-0.850.580.930.80.620.590.370.650.840.670.890.620.860.97-0.050.4-0.56-0.360.5
0.780.360.390.90.750.81-0.460.450.630.830.730.590.230.720.560.240.680.870.540.66-0.050.71-0.52-0.510.05
0.320.670.230.320.340.26-0.13-0.420.170.25-0.010.370.230.120.40.110.590.160.290.380.30.39-0.920.13-0.03
0.850.120.550.840.790.86-0.430.610.760.920.650.650.720.120.630.470.70.920.750.710.180.7-0.33-0.670.36
0.880.120.790.640.910.82-0.840.560.870.810.540.840.560.40.630.630.880.580.880.910.050.33-0.57-0.60.46
0.660.00.770.280.690.58-0.60.560.70.560.570.670.240.110.470.630.680.260.680.74-0.09-0.09-0.19-0.40.96
0.930.430.70.760.950.89-0.710.390.840.870.640.890.680.590.70.880.680.670.880.950.020.48-0.77-0.450.49
0.810.290.390.950.750.83-0.410.490.70.880.660.620.870.160.920.580.260.670.650.660.120.84-0.45-0.590.09
0.90.130.640.650.910.9-0.750.560.890.850.510.860.540.290.750.880.680.880.650.9-0.040.36-0.5-0.570.55
0.960.170.750.750.980.9-0.840.610.950.870.720.970.660.380.710.910.740.950.660.9-0.050.41-0.58-0.50.56
-0.020.10.170.0-0.06-0.090.25-0.23-0.07-0.01-0.19-0.05-0.050.30.180.05-0.090.020.12-0.04-0.050.13-0.210.01-0.1
0.550.450.050.870.470.58-0.10.110.380.630.440.40.710.390.70.33-0.090.480.840.360.410.13-0.55-0.25-0.25
-0.55-0.76-0.3-0.59-0.56-0.520.310.23-0.38-0.5-0.21-0.56-0.52-0.92-0.33-0.57-0.19-0.77-0.45-0.5-0.58-0.21-0.550.020.01
-0.630.17-0.52-0.5-0.6-0.650.56-0.68-0.67-0.69-0.55-0.36-0.510.13-0.67-0.6-0.4-0.45-0.59-0.57-0.50.01-0.250.02-0.32
0.48-0.160.710.070.510.41-0.470.530.550.390.40.50.05-0.030.360.460.960.490.090.550.56-0.1-0.250.01-0.32
Click cells to compare fundamentals

Cirrus Logic Account Relationship Matchups

Cirrus Logic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.8B2.1B2.1B2.2B2.3B
Other Current Liab10.9M28.0M52.7M42.3M110.2M115.7M
Total Current Liabilities158.6M213.6M264.8M216.3M186.4M144.3M
Total Stockholder Equity1.2B1.4B1.6B1.7B1.8B1.9B
Property Plant And Equipment Net299.5M288.5M328.1M291.1M308.5M323.9M
Net Debt(149.2M)(299.7M)(192.0M)(304.7M)(347.5M)(330.2M)
Retained Earnings(201.7M)(112.7M)23.4M(9.3M)58.9M61.9M
Cash292.1M442.2M369.8M445.8M502.8M527.9M
Non Current Assets Total942.5M988.1M1.3B1.0B1.1B1.2B
Non Currrent Assets Other27.8M67.3M286.6M208.1M159.0M166.9M
Cash And Short Term Investments314.1M497.9M380.4M480.8M526.5M552.9M
Net Receivables154.0M108.7M240.3M150.5M162.5M85.1M
Common Stock Shares Outstanding60.5M60.1M59.1M57.2M56.0M69.8M
Liabilities And Stockholders Equity1.6B1.8B2.1B2.1B2.2B2.3B
Non Current Liabilities Total204.3M228.0M258.8M189.3M228.2M239.6M
Inventory146.7M173.3M138.4M233.5M227.2M238.6M
Other Current Assets11.8M25.1M40.1M57.0M189.9M199.4M
Other Stockholder Equity1.4B1.5B1.6B1.7B1.9B2.0B
Total Liab362.9M441.6M523.6M405.7M414.6M250.9M
Property Plant And Equipment Gross299.5M288.5M157.1M291.1M334.8M351.5M
Total Current Assets650.2M842.5M840.0M1.0B1.1B1.2B
Accumulated Other Comprehensive Income(3.5M)2.9M(2.0M)(2.5M)(2.6M)(2.7M)
Accounts Payable78.4M102.7M115.4M81.5M55.5M57.2M
Short Term Investments22.0M55.7M10.6M35.0M23.8M22.6M
Intangible Assets34.4M22.0M158.1M38.9M44.7M70.0M
Other Liab96.9M74.9M100.1M95.6M110.0M115.5M
Other Assets28.4M37.9M77.3M297.6M342.3M359.4M
Property Plant Equipment158.2M154.9M328.1M163.0M187.4M102.0M
Net Tangible Assets908.3M1.1B1.0B1.2B1.4B823.2M
Retained Earnings Total Equity(201.7M)(112.7M)23.4M(9.3M)(10.7M)(11.3M)
Capital Surpluse1.4B1.5B1.6B1.7B1.9B1.5B
Long Term Investments283.6M312.8M63.7M36.5M42.0M39.9M
Non Current Liabilities Other204.3M228.0M22.3M7.7M8.9M8.4M

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.
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 CorrelationCorrelation 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:
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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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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
32.951
Quarterly Revenue Growth
(0)
Return On Assets
0.1005
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.