CSIMarket
 


Cirrus Logic Inc   (CRUS)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


Cirrus Logic Inc 's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Cirrus Logic Inc 's ROA in the third quarter of 2024?
Cirrus Logic Inc achieved a return on average assets (ROA) of 8.34 % in its third quarter of 2024, which is below Cirrus Logic Inc 's average return on assets, which stands at 10.93%.

ROA has improved compared to 6.71% in the second quarter of 2024, due to net income growth.

However, within the Technology sector 82 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 30 2023 quarter, so far to 562, from total ROA ranking in the second quarter of 2024 at 914.

What is ROA?


Return On Assets (Dec 30 2023)
III. Quarter
(Sep 23 2023)
II. Quarter
(Jun 24 2023)
I. Quarter
(Mar 25 2023)
IV. Quarter
(Dec 24 2022)
III. Quarter
Y / Y Total Assets Change 2.37 % -2.75 % -2.34 % -2.8 % 4.73 %
Y / Y Net Income Change 34.06 % -13.51 % -60.71 % - -18.93 %
Net Income (TTM) in million 176 141 153 177 298
Return On Assets (TTM) 8.34 % 6.71 % 7.22 % 8.32 % 13.9 %
CRUS's Total Ranking # 562 # 914 # 909 # 813 # 529
Total Assets (TTM) in million 2,217 2,104 2,057 2,064 2,166
Seq. Total Assets Change 5.35 % 2.33 % -0.36 % -4.71 % 0.08 %
Seq. Net Income Change 83.97 % 383.38 % - - 18.68 %



Return On Assets Company Ranking
Within: No.
Industry # 16
Sector # 83
Overall # 561

Return On Assets Statistics
High Average Low
19.52 %
10.93 %
5.12 %
(Dec 24 2016)   (Dec. 30, 2014)





Financial Statements
Cirrus Logic Inc 's Assets $ 2,217 million CRUS's Balance sheet
Cirrus Logic Inc 's Income $ 139 million Quarterly CRUS's Income Statement
CRUS's Income by Division See CRUS's Income by Division



Annual Return On Assets (Mar 25 2023)
FY 2023
(Mar 26 2022)
FY 2022
(Mar 27 2021)
FY 2021
(Mar 28 2020)
FY 2020
(Mar 30 2019)
FY 2019
Y / Y Total Assets Change -2.8 % 15.99 % 14.94 % 17.75 % -5.42 %
Total Assets in million 2,064 2,123 1,831 1,593 1,353
Y / Y Net Income Change -45.86 % 50.16 % 36.27 % 77.24 % -44.45 %
Net Income in million 177 326 217 159 90
Return On Assets 8.56 % 15.37 % 11.87 % 10.01 % 6.65 %




Comment on CRUS's ROA in the fiscal year ending 2023
In the fiscal year 2023 Cirrus Logic Inc 's ROA decreased compared to previous year to 8.56 %, due to deterioration of net income -45.86 % to $176.70 million, from $326.36 million a year ago, as CRUS's assets were $2,063.97 million.


More Return On Assets Ratios
CRUS's' Return on Assets at Yahoo Finance
Semiconductors Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
CRUS's Roa Ratio versus Semiconductors Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CRUS's Competitors
Roa for Cirrus Logic Inc 's Suppliers
Return On Assets for CRUS's Customers

You may also want to know
CRUS's Roi CRUS's Inventory Turnover Ratio CRUS's Growth Rates CRUS's Dividend Comparisons
CRUS's Profitability Ratios CRUS's Asset Turnover Ratio CRUS's Dividend Growth
CRUS's Roe CRUS's Valuation Ratios CRUS's Financial Strength Ratios CRUS's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 30 2023, within Technology Sector ROA
Aehr Test Systems  21.59 %
Qualys Inc   20.56 %
Cadence Design Systems Inc   19.44 %
Kla Corporation  19.27 %
Adobe Inc   19.15 %
Alphabet Inc   19.02 %
Meta Platforms Inc   18.68 %
Super Micro Computer Inc   17.90 %
Stmicroelectronics N v   17.27 %
Marathon Digital Holdings Inc   17.26 %
On Semiconductor Corporation  16.96 %
Logitech International S a   16.67 %
Immersion Corporation  16.57 %
Geospace Technologies Corp  16.53 %
M tron Industries Inc   15.97 %
Transact Technologies Inc  15.95 %
Fortinet Inc   15.80 %
Qualcomm Inc  15.49 %
Dropbox Inc   15.21 %
Match Group Inc   15.06 %
Palo Alto Networks Inc  14.74 %
Thomson Reuters Corporation  14.42 %
Microchip Technology Incorporated  14.37 %
Verisk Analytics Inc   14.26 %
Photronics Inc   13.84 %
Synopsys Inc   13.75 %
Jack Henry and Associates Inc   13.73 %
Optex Systems Holdings Inc   13.66 %
Motorola Solutions inc   13.61 %
Cisco Systems Inc   13.46 %


Date modified: 2024-02-07T10:11:25+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com