Qorvo, Inc. (QRVO)

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	Sep 28, 2024	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022	Apr 3, 2021	Mar 28, 2020
Cash & Equivalents	1,096	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	1,096	1,029	809.85	975.5	1,402	715.4
Cash Growth	55.12%	27.10%	-16.98%	-30.41%	95.93%	0.49%
Accounts Receivable	580.96	412.96	304.52	568.85	457.43	367.17
Other Receivables	12.8	14.43	26.54	32.15	27.32	20.42
Receivables	593.76	427.39	331.05	601	484.76	387.59
Inventory	694.46	710.56	796.6	755.75	507.79	517.2
Prepaid Expenses	37.64	40.56	46.68	49.84	41.57	37.87
Other Current Assets	110.15	238.19	45.61	67.78	48.01	32.45
Total Current Assets	2,532	2,446	2,030	2,450	2,484	1,691
Property, Plant & Equipment	846.54	932.28	1,233	1,327	1,329	1,324
Long-Term Investments	24.8	23.25	20.41	31.09	35.37	22.52
Goodwill	2,438	2,535	2,761	2,776	2,643	2,614
Other Intangible Assets	445.72	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	215.77	83.69	71.83	213.6	60.42	54.44
Total Assets	6,503	6,555	6,692	7,509	7,221	6,561
Accounts Payable	321.88	252.99	210.7	327.92	313.87	246.95
Accrued Expenses	353.7	336.77	222.46	240.19	255.06	217.8
Current Portion of Long-Term Debt	412.18	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	245.98	126.09	39.33	1.04	5.79	0.64
Total Current Liabilities	1,334	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	209.93	134.12	101.47	87.49	72.83	64.36
Total Liabilities	3,093	2,998	2,789	2,956	2,592	2,268
Common Stock	3,516	3,651	3,821	4,036	4,245	4,290
Retained Earnings	-106.62	-89.6	84.5	512.14	355.04	-
Comprehensive Income & Other	1.15	-5.1	-3.18	5.23	29.65	2.29
Shareholders' Equity	3,410	3,556	3,903	4,553	4,629	4,293
Total Liabilities & Equity	6,503	6,555	6,692	7,509	7,221	6,561
Total Debt	1,961	2,054	2,137	2,127	1,816	1,648
Net Cash (Debt)	-864.97	-1,025	-1,327	-1,151	-414.2	-932.72
Net Cash Per Share	-9.01	-10.51	-12.88	-10.32	-3.57	-7.82
Filing Date Shares Outstanding	94.53	95.63	98.74	106.03	112.59	114.73
Total Common Shares Outstanding	94.66	95.8	98.65	106.3	112.56	114.63
Working Capital	1,199	1,216	1,474	1,775	1,802	1,151
Book Value Per Share	36.02	37.12	39.56	42.83	41.13	37.45
Tangible Book Value	526.66	512.39	604.28	1,103	1,376	869.5
Tangible Book Value Per Share	5.56	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.