Qorvo
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Qorvo's balance sheet done over the years? Its assets were worth $6,554,635,000 last year, which is less than in the previous period. 46% of Qorvo’s total assets is currently financed by debt. Its liabilities reached the amount of $2,998,263,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2015 | 6892379000 | 719.21M | 10.43% |
|---|---|---|---|
| 2016 | 6596819000 | 1.59B | 24.21% |
| 2017 | 6522323000 | 1.62B | 24.92% |
| 2018 | 6381519000 | 1.60B | 25.17% |
| 2019 | 5808024000 | 1.44B | 24.94% |
| 2020 | 6560682000 | 2.26B | 34.57% |
| 2021 | 7221470000 | 2.59B | 35.89% |
| 2022 | 7509072000 | 2.95B | 39.36% |
| 2023 | 6691903000 | 2.78B | 41.68% |
| 2024 | 6554635000 | 2.99B | 45.74% |
QRVO Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.02B | 808.75M | 972.59M | 1.39B | 714.93M | 711.03M | 926.03M | 545.46M | 425.88M | 299.81M |
Short term investments | 0 | 1.09M | 2.90M | 3.80M | 459K | 901K | 0 | 0 | 186.80M | 244.83M |
Net receivables | 427.38M | 331.05M | 568.85M | 457.43M | 367.17M | 378.17M | 345.95M | 357.94M | 363.73M | 353.83M |
Inventory | 710.55M | 796.59M | 755.74M | 507.78M | 517.19M | 511.79M | 472.29M | 430.45M | 427.55M | 346.9M |
Other current assets | 278.83M | 93.38M | 152.67M | 120.70M | 91.19M | 83.84M | 99.51M | 163.96M | 41.38M | 228.91M |
Total current assets | 2.44B | 2.02B | 2.44B | 2.48B | 1.69B | 1.68B | 1.84B | 1.46B | 1.50B | 1.50B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 932.27M | 1.14B | 1.25B | 1.26B | 1.25B | 1.36B | 1.37B | 1.39B | 1.04B | 883.37M |
Goodwill | 2.53B | 2.76B | 2.77B | 2.64B | 2.61B | 2.17B | 2.17B | 2.17B | 2.13B | 2.14B |
Intangible assets | 509.38M | 537.70M | 674.78M | 611.15M | 808.89M | 408.21M | 860.33M | 1.40B | 1.81B | 2.30B |
Long term investments | 23.25M | 20.40M | 31.08M | 35.37M | 22.51M | 97.78M | 63.76M | 35.49M | 26.05M | 4.08M |
Other non-current assets | 109.09M | 155.32M | 287.28M | 123.34M | 119.54M | 46.76M | 65.61M | 41.26M | 66.45M | -93.20M |
Total non-current assets | 4.10B | 4.66B | 5.05B | 4.73B | 4.87B | 4.12B | 4.53B | 5.06B | 5.08B | 5.39B |
Total assets | 6.55B | 6.69B | 7.50B | 7.22B | 6.56B | 5.80B | 6.38B | 6.52B | 6.59B | 6.89B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -19.35M | -17.39M | 249.96M | 210.90M | 0 | 0 | 0 | 0 | 0 |
Short term debt | 438.74M | 0 | 17.39M | 5.09M | 6.89M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 1.23B | 555.76M | 675.12M | 681.58M | 539.00M | 435.61M | 441.27M | 418.82M | 373.80M | 325.31M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.54B | 2.11B | 2.04B | 1.74B | 1.56B | 919.27M | 983.29M | 989.15M | 988.13M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 218.90M | 116.11M | 233.62M | 167.91M | 161.78M | 93.12M | 118.30M | 86.10M | 83.05M | 83.72M |
Total non-current liabilities | 1.76B | 2.23B | 2.28B | 1.91B | 1.72B | 1.01B | 1.16B | 1.20B | 1.22B | 393.90M |
Total liabilities | 2.99B | 2.78B | 2.95B | 2.59B | 2.26B | 1.44B | 1.60B | 1.62B | 1.59B | 719.21M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |