Wolfspeed (Wolfspeed) Cash And Cash Equivalents : $904.4 Mil (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Wolfspeed Cash And Cash Equivalents?

Wolfspeed's quarterly cash and cash equivalents increased from Jun. 2023 ($1,757.00 Mil) to Sep. 2023 ($1,762.00 Mil) but then stayed the same from Sep. 2023 ($1,762.00 Mil) to Dec. 2023 ($904.40 Mil).

Wolfspeed's annual cash and cash equivalents increased from Jun. 2021 ($379.00 Mil) to Jun. 2022 ($449.50 Mil) and increased from Jun. 2022 ($449.50 Mil) to Jun. 2023 ($1,757.00 Mil).

Wolfspeed Cash And Cash Equivalents Historical Data

The historical data trend for Wolfspeed's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wolfspeed Cash And Cash Equivalents Chart

Wolfspeed Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

500.50

448.80

379.00

449.50

1,757.00

Wolfspeed Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,085.10	795.10	1,757.00	1,762.00	904.40

Wolfspeed Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Wolfspeed (NYSE:WOLF) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Wolfspeed Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Wolfspeed's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Wolfspeed (Wolfspeed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wolfspeed Inc (NYSE:WOLF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CR6A:Germany

Address

4600 Silicon Drive, Durham, NC, USA, 27703

Website

https://www.wolfspeed.com

Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.

Executives

Neill Reynolds	officer: Executive Vice President & CFO	4600 SILICON DR, DURHAM NC 27703
Le Duy Loan T	director	C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Gregg A Lowe	director, officer: PRESIDENT, CEO AND DIRECTOR	400 W CESAR CHAVEZ STREET, AUSTIN TX 78701
John B Replogle	director	C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Stacy J Smith	director	2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Glenda Dorchak	director	C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Clyde Hosein	director	C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Marvin Riley	director	5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Thomas H Werner	director	3939 NORTH FIRST STREET, SAN JOSE CA 95134
Anne Clem Whitaker	director	109 BRIERY BRANCH COURT, MORRISVILLE NC 27560
John C Hodge	director	C/O SILICON IMAGE, INC., 1060 E. ARQUES AVE., SUNNYVALE CA 94085
David Todd Emerson	officer: EVP, GM LED	4600 SILICON DRIVE, DURHAM NC 27703
Michael E Mcdevitt	officer: INTER. CHIEF FINANCIAL OFFICER	713 WALCOTT WAY, CARY NC 27519
Daniel J Castillo	officer: EVP Cree & President-Lighting	2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Darren R Jackson	director	C/O BEST BUY INC, 7075 FLYING CLOUD DR, EDEN PRAIRIE MN 55344