Qorvo, Inc. (LON:0KSJ)

Qorvo Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 28, 2024	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022	Apr 3, 2021	Mar 28, 2020
Cash & Equivalents	769.43	1,029	808.76	972.59	1,398	714.94
Short-Term Investments	-	0.08	1.09	2.91	3.8	0.46
Cash & Short-Term Investments	769.43	1,029	809.85	975.5	1,402	715.4
Cash Growth	-28.22%	27.10%	-16.98%	-30.41%	95.93%	0.49%
Accounts Receivable	427.86	412.96	304.52	568.85	457.43	367.17
Other Receivables	10.86	14.43	26.54	32.15	27.32	20.42
Receivables	438.72	427.39	331.05	601	484.76	387.59
Inventory	656.22	710.56	796.6	755.75	507.79	517.2
Prepaid Expenses	38.37	40.56	46.68	49.84	41.57	37.87
Other Current Assets	194.13	238.19	45.61	67.78	48.01	32.45
Total Current Assets	2,097	2,446	2,030	2,450	2,484	1,691
Property, Plant & Equipment	820.87	932.28	1,233	1,327	1,329	1,324
Long-Term Investments	25.69	23.25	20.41	31.09	35.37	22.52
Goodwill	2,437	2,535	2,761	2,776	2,643	2,614
Other Intangible Assets	332.34	509.38	537.7	674.79	611.16	808.89
Long-Term Deferred Tax Assets	-	25.4	38.06	36.82	59.06	45.75
Other Long-Term Assets	250.1	83.69	71.83	213.6	60.42	54.44
Total Assets	5,963	6,555	6,692	7,509	7,221	6,561
Accounts Payable	283.34	252.99	210.7	327.92	313.87	246.95
Accrued Expenses	268.34	336.77	222.46	240.19	255.06	217.8
Current Portion of Long-Term Debt	-	438.74	0.31	0.79	5.09	6.89
Current Portion of Leases	-	15.6	19.36	17.39	15.07	15.92
Current Income Taxes Payable	-	59.9	63.6	87.8	86.7	50.8
Other Current Liabilities	256.19	126.09	39.33	1.04	5.79	0.64
Total Current Liabilities	807.86	1,230	555.76	675.13	681.58	539
Long-Term Debt	1,549	1,549	2,046	2,045	1,741	1,565
Long-Term Leases	-	50.58	70.82	64.09	54.79	60.33
Long-Term Deferred Tax Liabilities	-	34.21	14.65	84.63	41.91	39.35
Other Long-Term Liabilities	225.57	134.12	101.47	87.49	72.83	64.36
Total Liabilities	2,583	2,998	2,789	2,956	2,592	2,268
Common Stock	3,456	3,651	3,821	4,036	4,245	4,290
Retained Earnings	-65.35	-89.6	84.5	512.14	355.04	-
Comprehensive Income & Other	-10.07	-5.1	-3.18	5.23	29.65	2.29
Shareholders' Equity	3,380	3,556	3,903	4,553	4,629	4,293
Total Liabilities & Equity	5,963	6,555	6,692	7,509	7,221	6,561
Total Debt	1,549	2,054	2,137	2,127	1,816	1,648
Net Cash (Debt)	-779.8	-1,025	-1,327	-1,151	-414.2	-932.72
Net Cash Per Share	-8.12	-10.51	-12.88	-10.32	-3.57	-7.82
Filing Date Shares Outstanding	93.4	95.63	98.74	106.03	112.59	114.73
Total Common Shares Outstanding	93.56	95.8	98.65	106.3	112.56	114.63
Working Capital	1,289	1,216	1,474	1,775	1,802	1,151
Book Value Per Share	36.13	37.12	39.56	42.83	41.13	37.45
Tangible Book Value	610.86	512.39	604.28	1,103	1,376	869.5
Tangible Book Value Per Share	6.53	5.35	6.13	10.37	12.22	7.59
Land	-	23.04	25.84	25.84	25.84	25.84
Buildings	-	354.04	463.89	432.31	411.18	404.08
Machinery	-	2,091	2,430	2,402	2,282	2,146
Construction In Progress	-	86.23	130.09	128.32	108.56	99.17

Source: S&P Capital IQ. Standard template. Financial Sources.