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Qorvo Debt-to-Equity

: 0.48 (As of Jun. 2022)
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Qorvo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0 Mil. Qorvo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $2,047 Mil. Qorvo's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $4,301 Mil. Qorvo's debt to equity for the quarter that ended in Jun. 2022 was 0.48.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Qorvo's Debt-to-Equity or its related term are showing as below:

QRVO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.21   Max: 0.61
Current: 0.48

During the past 10 years, the highest Debt-to-Equity Ratio of Qorvo was 0.61. The lowest was 0.01. And the median was 0.21.

QRVO's Debt-to-Equity is ranked worse than
68.8% of 798 companies
in the Semiconductors industry
Industry Median: 0.25 vs QRVO: 0.48

Qorvo Debt-to-Equity Historical Data

The historical data trend for Qorvo's Debt-to-Equity 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.

Qorvo Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.21 0.37 0.38 0.45

Qorvo Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.37 0.44 0.45 0.48

Competitive Comparison

For the Semiconductors subindustry, Qorvo's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Qorvo Debt-to-Equity Distribution

For the Semiconductors industry and Technology sector, Qorvo's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Qorvo's Debt-to-Equity falls into.



Qorvo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qorvo's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Qorvo's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* 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.


Qorvo  (NAS:QRVO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Qorvo Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Qorvo's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Qorvo Business Description

Qorvo logo
Traded in Other Exchanges
Address
7628 Thorndike Road, Greensboro, NC, USA, 27409-9421
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged with one another in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
Executives
Brown Grant officer: VP of Treasury & Interim CFO 7628 THORNDIKE ROAD GREENSBORO NC 27409
Chesley Philip officer: Pres. Infra & Defense 7628 THORNDIKE ROAD GREENSBORO NC 27409
Bruner Judy director C/O SANDISK CORPORATION 601 MCCARTHY BLVD. MILPITAS CA 95035
Fego Paul J officer: VP, Global Operations 15 SECOR ROAD PO BOX 5226 BROOKFIELD CT 06804
Spradley Susan Louise director C/O NORTEL NETWORKS 8200 DIXIE ROAD STE 100 BRAMPTON ONTARIO A6 L6T 5PT
Murphy Mark J. officer: Chief Financial Officer DELPHI AUTOMOTIVE PLC 5725 DELPHI DRIVE TROY MI 48098
Harrison Gina officer: VP and Corporate Controller 7628 THORNDIKE ROAD GREENSBORO NC 27409
Quinsey Ralph director C/O TRIQUINT SEMICONDUCTOR INC 2300 NE BROOKWOOD PKWY HILLSBORO OR 97124
Laber Michael J. officer: VP and Corporate Controller 2300 NE BROOKWOOD PARKWAY HILLSBORO OR 97124
Buhaly Steven J officer: CFO and Secretary 1195 NW LOMPTON DRIVE BEAVESTON OR 97006
Dileo Daniel A director C/O RF MICRO DEVICES 7628 THORNDIKE ROAD GREENSBORO NC 27409
Gibson C Scott director PMB 316, PO BOX 30,000 JACKSON WY 83002
Nelson Roderick director 2300 NE BROOKWOOD PARKWAY HILLSBORO OR 97124
Ho David H Y director 5500 WAYZATA BOULEVARD SUITE 600 GOLDEN VALLEY MN 55416
Wilkinson Walter H director C/O RF MICRO DEVICES, INC. 7628 THORNDIKE ROAD GREENSBORO NC 27409

Qorvo Headlines

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