GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cirrus Logic Inc (NAS:CRUS) » Definitions » Equity-to-Asset

CRUS (Cirrus Logic) Equity-to-Asset : 0.82 (As of Sep. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Cirrus Logic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cirrus Logic's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,928 Mil. Cirrus Logic's Total Assets for the quarter that ended in Sep. 2024 was $2,356 Mil. Therefore, Cirrus Logic's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.82.

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

CRUS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.77   Max: 0.85
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Cirrus Logic was 0.85. The lowest was 0.66. And the median was 0.77.

CRUS's Equity-to-Asset is ranked better than
79.05% of 1012 companies
in the Semiconductors industry
Industry Median: 0.63 vs CRUS: 0.82

Cirrus Logic Equity-to-Asset Historical Data

The historical data trend for Cirrus Logic's Equity-to-Asset 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.

Cirrus Logic Equity-to-Asset Chart

Cirrus Logic Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.76 0.75 0.80 0.81

Cirrus Logic Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial 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 0.81 0.81 0.81 0.82 0.82

Competitive Comparison of Cirrus Logic's Equity-to-Asset

For the Semiconductors subindustry, Cirrus Logic's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Cirrus Logic's Equity-to-Asset Distribution in the Semiconductors Industry

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

* The bar in red indicates where Cirrus Logic's Equity-to-Asset falls into.



Cirrus Logic Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Cirrus Logic's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1817.014/2231.576
=0.81

Cirrus Logic's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1928.127/2356.139
=0.82

* 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.


Cirrus Logic  (NAS:CRUS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Cirrus Logic Equity-to-Asset Related Terms

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


Cirrus Logic Business Description

Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and HPMS Products. These products include aAmplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.
Executives
Jeffrey W Baumgartner officer: VP, R&D 800 W. 6TH STREET, AUSTIN TX 78701
Carl Jackson Alberty officer: VP of MSP 800 W. 6TH STREET, AUSTIN TX 78701
Andrew Brannan officer: VP, Worldwide Sales WESTFIELD HOUSE, 26 WESTFIELD ROAD, EDINBURGH X0 EH11 2QB
Justin E Dougherty officer: VP, Engineering Operation 800 W. 6TH STREET, AUSTIN TX 78701
Scott Thomas officer: VP General Counsel C/O CIRRUS LOGIC INC, 800 WEST 6TH STREET, AUSTIN TX 78701
David J. Tupman director 1028 CHURCH ST., SAN FRANCISCO CA 94114
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Venkatesh Nathamuni officer: Chief Financial Officer 800 W. 6TH STREET, AUSTIN TX 78701
Le Duy Loan T director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Scott Arnold Anderson officer: SVP & GM Mixed Signal Audio 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Timothy R Dehne director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Denise Grode officer: Chief Human Resources Officer 800 W. 6TH STREET, AUSTIN TX 78701
Allan Hughes officer: VP, Cirrus Logic Internat WESTFIELD HOUSE, 26 WESTFIELD ROAD, EDINBURGH X0 EH11 2QB
Thurman K Case officer: VP and CFO C/O CIRRUS LOGIC INC, 800 W. 6TH STREET, AUSTIN TX 78701
John Forsyth director, officer: CEO 800 W. 6TH STREET, AUSTIN TX 78701