Wolfspeed, Inc. financial data

Symbol
WOLF on NYSE
Industry
Semiconductors & Related Devices
Location
4600 Silicon Dr, Durham, North Carolina
State of incorporation
North Carolina
Fiscal year end
June 30
Former names
CREE, INC. (to 10/1/2021), CREE INC (to 8/5/2019), CREE RESEARCH INC /NC/ (to 5/11/1999)
Latest financial report
10-K - Q2 2024 - Aug 22, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 493 % -9.45%
Quick Ratio 55.9 % +7.27%
Return On Equity -8.69 % +66.2%
Return On Assets -11.1 % -180%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 127M shares +1.23%
Common Stock, Shares, Outstanding 126M shares +1.29%
Entity Public Float 5.43B USD -39.5%
Common Stock, Value, Issued 200K USD 0%
Weighted Average Number of Shares Outstanding, Basic 126M shares +1.06%
Weighted Average Number of Shares Outstanding, Diluted 126M shares +1.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 807M USD +6.42%
Research and Development Expense 202M USD +21.8%
Operating Income (Loss) -445M USD -42.8%
Nonoperating Income (Expense) -127M USD -345%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -242M USD +28.9%
Income Tax Expense (Benefit) 1.1M USD +57.1%
Net Income (Loss) Attributable to Parent -803M USD -336%
Earnings Per Share, Basic -6.88 USD/shares -160%
Earnings Per Share, Diluted -6.88 USD/shares -160%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.05B USD -40.5%
Cash, Cash Equivalents, and Short-term Investments 2.17B USD -26.4%
Accounts Receivable, after Allowance for Credit Loss, Current 147M USD -4.78%
Inventory, Net 441M USD +54.7%
Other Assets, Current 180M USD +36.7%
Assets, Current 3B USD -16.8%
Other Long-term Investments 79.3M USD
Deferred Income Tax Assets, Net 1.1M USD -8.33%
Operating Lease, Right-of-Use Asset 99.2M USD +1.22%
Intangible Assets, Net (Excluding Goodwill) 23.9M USD 0%
Goodwill 359M USD 0%
Other Assets, Noncurrent 867M USD +186%
Assets 7.98B USD +21.2%
Accrued Liabilities, Current 97.3M USD +162%
Contract with Customer, Liability, Current 62.3M USD +59.7%
Liabilities, Current 665M USD +5.96%
Deferred Income Tax Liabilities, Net 10.8M USD +177%
Operating Lease, Liability, Noncurrent 114M USD +1.79%
Other Liabilities, Noncurrent 256M USD +78.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -11.6M USD +53.8%
Retained Earnings (Accumulated Deficit) -2.93B USD -41.9%
Stockholders' Equity Attributable to Parent 882M USD -45.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 882M USD -45.6%
Liabilities and Equity 7.98B USD +21.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -147M USD -1061%
Net Cash Provided by (Used in) Financing Activities 938M USD
Net Cash Provided by (Used in) Investing Activities -786M USD -864%
Common Stock, Shares Authorized 400M shares +100%
Common Stock, Shares, Issued 126M shares +1.29%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 5M USD -93.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.05B USD -40.5%
Deferred Tax Assets, Valuation Allowance 734M USD +35%
Deferred Tax Assets, Gross 947M USD +33.8%
Operating Lease, Liability 121M USD +2.11%
Payments to Acquire Property, Plant, and Equipment 442M USD +310%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -792M USD -318%
Lessee, Operating Lease, Liability, to be Paid 164M USD -3.92%
Operating Lease, Liability, Current 6.9M USD +7.81%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13.7M USD +13.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.4M USD +20%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38.6M USD -8.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 13.4M USD -21.6%
Deferred Tax Assets, Operating Loss Carryforwards 507M USD +38.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 3M shares 0%
Unrecognized Tax Benefits 9.4M USD -4.08%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.4M USD +2.29%
Operating Lease, Payments 2.4M USD +140%
Additional Paid in Capital 3.82B USD +2.99%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 40.1M USD +19.7%
Deferred Tax Assets, Net of Valuation Allowance 212M USD +30.1%
Share-based Payment Arrangement, Expense 84.9M USD +16.8%
Interest Expense 201M USD +480%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%