Wolfspeed, Inc. financial data

Symbol
WOLF on NYSE
Industry
Semiconductors & Related Devices
Location
4600 Silicon Dr, Durham, NC
State of incorporation
NC
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-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 430 % -22.9%
Quick Ratio 59.7 % +23.6%
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 128M shares +1.91%
Common Stock, Shares, Outstanding 127M shares +1.25%
Entity Public Float 5.43B USD -39.5%
Common Stock, Value, Issued 200K USD 0%
Weighted Average Number of Shares Outstanding, Basic 127M shares +1.3%
Weighted Average Number of Shares Outstanding, Diluted 127M shares +1.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 805M USD +4.96%
Research and Development Expense 209M USD +23.1%
Operating Income (Loss) -581M USD -69.1%
Nonoperating Income (Expense) -150M USD -478%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -282M USD -128%
Income Tax Expense (Benefit) 1.3M USD +62.5%
Net Income (Loss) Attributable to Parent -803M USD -336%
Earnings Per Share, Basic -5.95 USD/shares -6.25%
Earnings Per Share, Diluted -5.95 USD/shares -6.25%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 726M USD -58.8%
Cash, Cash Equivalents, and Short-term Investments 1.69B USD -49.6%
Accounts Receivable, after Allowance for Credit Loss, Current 145M USD -5.71%
Inventory, Net 468M USD +37.3%
Other Assets, Current 98.9M USD -35.7%
Assets, Current 2.46B USD -39.7%
Other Long-term Investments 79.3M USD
Deferred Income Tax Assets, Net 1.1M USD -8.33%
Operating Lease, Right-of-Use Asset 108M USD +9.4%
Intangible Assets, Net (Excluding Goodwill) 23.7M USD -4.05%
Goodwill 359M USD 0%
Other Assets, Noncurrent 251M USD -36%
Assets 7.86B USD +7.45%
Accrued Liabilities, Current 97.3M USD +162%
Contract with Customer, Liability, Current 62.9M USD +40.4%
Liabilities, Current 783M USD +4.48%
Deferred Income Tax Liabilities, Net 10.8M USD +157%
Operating Lease, Liability, Noncurrent 122M USD +7.46%
Other Liabilities, Noncurrent 257M USD +76.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.3M USD +81.5%
Retained Earnings (Accumulated Deficit) -3.21B USD -30.5%
Stockholders' Equity Attributable to Parent 629M USD -49.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 629M USD -49.5%
Liabilities and Equity 7.86B USD +7.45%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -132M USD +10.4%
Net Cash Provided by (Used in) Financing Activities 4.8M USD -99.5%
Net Cash Provided by (Used in) Investing Activities -193M USD +75.4%
Common Stock, Shares Authorized 400M shares +100%
Common Stock, Shares, Issued 127M shares +1.25%
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 -320M USD -6496%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 726M USD -58.8%
Deferred Tax Assets, Valuation Allowance 734M USD +35%
Deferred Tax Assets, Gross 947M USD +33.8%
Operating Lease, Liability 130M USD +7.97%
Payments to Acquire Property, Plant, and Equipment 437M USD -1.13%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -792M USD -318%
Lessee, Operating Lease, Liability, to be Paid 177M USD +7.07%
Operating Lease, Liability, Current 7.7M USD +16.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.4M USD +2.86%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.7M USD +31.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 42.8M USD +6.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14.3M USD +20.2%
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 9.9M USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 14.4M USD +25.2%
Operating Lease, Payments 3.4M USD +41.7%
Additional Paid in Capital 3.84B USD +3.08%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 71.1M USD +77.3%
Deferred Tax Assets, Net of Valuation Allowance 212M USD +30.1%
Share-based Payment Arrangement, Expense 88.9M USD +22.5%
Interest Expense 201M USD +480%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%