Navitas Semiconductor Corp financial data

Symbol
NVTS on Nasdaq
Industry
Semiconductors & Related Devices
Location
3520 Challenger St., Torrance, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Live Oak Acquisition Corp II (to 10/14/2021)
Latest financial report
10-Q - Q3 2024 - Nov 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 487 % -13.3%
Quick Ratio 70.1 % +20.6%
Debt-to-equity 25.3 % +33.7%
Return On Equity -20 % +36.9%
Return On Assets -17.1 % +34.8%
Operating Margin -130 % +30.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 183M shares
Common Stock, Shares, Outstanding 184M shares +5.67%
Entity Public Float 1.22B USD +246%
Common Stock, Value, Issued 21K USD +10.5%
Weighted Average Number of Shares Outstanding, Basic 185M shares +5.47%
Weighted Average Number of Shares Outstanding, Diluted 185M shares -0.51%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 91.4M USD +39%
Research and Development Expense 75.1M USD +12.6%
Operating Income (Loss) -118M USD +3.31%
Nonoperating Income (Expense) 40.9M USD -71.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -77.6M USD +42.2%
Income Tax Expense (Benefit) -249K USD +98.1%
Net Income (Loss) Attributable to Parent -77.3M USD +35.6%
Earnings Per Share, Basic -0.4 USD/shares +52.9%
Earnings Per Share, Diluted -0.4 USD/shares +51.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 98.6M USD -44.2%
Accounts Receivable, after Allowance for Credit Loss, Current 21.1M USD +20%
Inventory, Net 21.3M USD +33.8%
Assets, Current 145M USD -32.4%
Property, Plant and Equipment, Net 13.1M USD +55.6%
Operating Lease, Right-of-Use Asset 7.27M USD +22.1%
Intangible Assets, Net (Excluding Goodwill) 76.9M USD -20.1%
Goodwill 163M USD 0%
Other Assets, Noncurrent 8.65M USD +57.3%
Assets 419M USD -15.1%
Employee-related Liabilities, Current 8.5M USD -45.1%
Contract with Customer, Liability, Current 8.07M USD
Liabilities, Current 26M USD -42.8%
Deferred Income Tax Liabilities, Net 1.04M USD -43.2%
Operating Lease, Liability, Noncurrent 5.99M USD +25.2%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 38.6M USD -57.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7K USD 0%
Retained Earnings (Accumulated Deficit) -345M USD -28.9%
Stockholders' Equity Attributable to Parent 381M USD -0.14%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 381M USD -5.58%
Liabilities and Equity 419M USD -15.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -19.8M USD -150%
Net Cash Provided by (Used in) Financing Activities 2.02M USD +816%
Net Cash Provided by (Used in) Investing Activities -5.4M USD -197%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 184M shares +5.67%
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 -23.2M USD -143%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 98.6M USD -44.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 66.7M USD +65.9%
Operating Lease, Liability 7.86M USD +28.2%
Depreciation 2.78M USD +41.6%
Payments to Acquire Property, Plant, and Equipment 2.9M USD +256%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -77.3M USD +35.6%
Lessee, Operating Lease, Liability, to be Paid 8.7M USD +24.9%
Property, Plant and Equipment, Gross 20.2M USD +53.6%
Operating Lease, Liability, Current 1.87M USD +38.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.99M USD +49.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.08M USD +28.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure -18.1%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 839K USD +0.84%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.87M USD +52.1%
Deferred Tax Assets, Operating Loss Carryforwards 60M USD +19.7%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.71M USD +40.5%
Operating Lease, Payments 566K USD +24.7%
Additional Paid in Capital 726M USD +8.17%
Amortization of Intangible Assets 19M USD +2.26%
Deferred Tax Assets, Net of Valuation Allowance 19.3M USD -11.7%
Share-based Payment Arrangement, Expense 50.2M USD -5.16%