Cirrus Logic Balance Sheet - Annual (NASDAQ:CRUS)

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$41.77 $0.79 (1.86%) CRUS stock closing price Feb 16, 2018 (Closing)

The Cirrus Logic balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Cirrus Logic stock analysis. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing Cirrus Logic revenue Cirrus Logic operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Cirrus Logic balance sheet for 2017 shows cash on hand of $351.16M. The company has a debt to equity ratio of 0.

View latest 10 year balance sheet data to check Cirrus Logic financial performance.
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Quarterly
Annual
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Fiscal year is Apr - Mar2017201620152014201320122011201020092008
Cash351.16M168.79M76.4M31.85M66.4M65.99M42.82M21.96M37.25M56.61M
Marketable Securities99.81M60.58M124.24M263.41M105.23M115.87M159.52M85.38M79.34M130.88M
Receivables119.97M88.53M112.6M63.22M69.28M44.15M39.09M23.96M13.3M22.65M
Inventory167.89M142.01M84.19M69.74M119.3M55.91M40.49M35.39M19.87M22.46M
Raw Materials----------
Work In Progress83.33M67.82M64.66M37.96M34.16M30.92M22.04M18.01M11.51M-
Finished Goods84.56M74.18M19.53M31.77M85.13M24.99M18.44M17.38M8.36M-
Notes Receivable----------
Other Current Assets37.08M46.2M54.46M47.1M84.3M69.64M37.52M18.14M5.35M10.04M
Total Current Assets
775.92M506.12M451.91M475.33M444.53M351.58M319.47M184.85M155.14M242.65M
Property Plant & Equipment290.09M252.17M216.7M161.31M151.08M122.93M85.14M67.96M64.46M-
Accumulated Depreciation121.95M89.51M72.35M57.66M50.45M55.95M50.58M49.29M45.1M-
Net Property Plant & Equipment
168.13M162.65M144.34M103.65M100.62M66.97M34.56M18.67M19.36M20.96M
Investment & Advances-20.63M60.07M89.24M64.91M2.91M12.7M34.27M3.62M-
Other Non-Current Assets----------
Deferred Charges32.84M25.77M25.59M25.06M16.67M89.07M102.13M---
Intangibles421.95M450.35M438.85M28.36M18.73M24.26M26.15M27.92M29.33M32.23M
Deposits & Other Assets14.6M16.34M27.99M3.08M5.87M9.64M1.59M1.88M2.01M2.45M
Total Assets
1.41B1.18B1.15B724.74M651.34M544.46M496.62M267.61M209.49M298.3M
Notes Payable----------
Accounts Payable73.81M71.61M112.21M51.93M60.82M38.1M27.63M20.34M9.88M16.16M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses55.27M36.19M39.54M17.93M27.29M22.64M17.57M15.06M12.43M25.16M
Income Taxes Payable----------
Other Current Liabilities14.99M20.3M24.81M12.65M4.95M12.22M6.84M6.48M5.91M6.58M
Total Current Liabilities
144.07M128.12M176.57M82.52M93.07M72.98M52.05M41.89M28.24M47.99M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt60M160.43M180.43M-------
Non-Current Capital Leases-------1.07M2.07M-
Other Long-Term Liabilities57.7M33.83M34.99M4.86M10.09M5.62M5.9M6.04M6.25M9.38M
Total Liabilities
261.77M322.4M392M87.38M103.17M78.6M58.24M49M36.56M57.37M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus1.26B1.2B1.16B1.08B1.04B1.01B991.87M952.73M945.39M937.64M
Retained Earnings-107.01M-344.34M-400.61M-440.63M-492.74M-541.6M-552.81M-733.55M-771.95M-696.55M
Treasury Stock----------
Other Liabilities-0.57M--2.11M-0.88M-0.91M-0.76M-0.75M-0.64M-0.57M-0.22M
Shareholders Equity1.15B859.48M756.77M637.35M548.17M465.85M438.37M218.6M172.92M240.93M
Total Liabilities & Shareholders Equity1.41B1.18B1.15B724.74M651.34M544.46M496.62M267.61M209.49M298.3M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Cirrus Logic stock price, and Cirrus Logic historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Cirrus Logic PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Cirrus Logic company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Cirrus Logic had total assets of $1.41B.
  • Liabilities: The total liabilities of Cirrus Logic for the year 2017 total to $261.77M. Liabilities for a company like Cirrus Logic include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Cirrus Logic Balance Sheet - Key Ratios

Current ratio
3.87
Debt to equity ratio
0
Asset turnover ratio
1.31
Receivables turnover
7.95
Price to book ratio
2.27