Cirrus Return On Assets from 2010 to 2024
| CRUS Stock | USD 110.02 2.20 1.96% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.1230395 | Current Value 0.13 | Quarterly Volatility 0.04734161 |
Check Cirrus Logic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cirrus main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.7 M, Interest Expense of 21.6 M or Selling General Administrative of 98.7 M, as well as many exotic indicators such as Price To Sales Ratio of 2.95, Dividend Yield of 0.0097 or PTB Ratio of 2.88. Cirrus financial statements analysis is a perfect complement when working with Cirrus Logic Valuation or Volatility modules.
Cirrus | Return On Assets |
Latest Cirrus Logic's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Cirrus Logic over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Cirrus Logic's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cirrus Logic's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Cirrus Return On Assets Regression Statistics
| Arithmetic Mean | 0.13 | |
| Geometric Mean | 0.12 | |
| Coefficient Of Variation | 36.11 | |
| Mean Deviation | 0.04 | |
| Median | 0.12 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.0992 | |
| R-Value | (0.54) | |
| Mean Square Error | 0 | |
| R-Squared | 0.29 | |
| Significance | 0.04 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.03 |
Cirrus Return On Assets History
About Cirrus Logic Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cirrus Logic income statement, its balance sheet, and the statement of cash flows. Cirrus Logic investors use historical funamental indicators, such as Cirrus Logic's Return On Assets, to determine how well the company is positioned to perform in the future. Although Cirrus Logic investors may use each financial statement separately, they are all related. The changes in Cirrus Logic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cirrus Logic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cirrus Logic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cirrus Logic. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.12 | 0.13 |
Pair Trading with Cirrus Logic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cirrus Logic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cirrus Logic will appreciate offsetting losses from the drop in the long position's value.Moving together with Cirrus Stock
| 0.76 | ADI | Analog Devices Earnings Call This Week | PairCorr |
Moving against Cirrus Stock
| 0.46 | MRAM | Everspin Technologies | PairCorr |
The ability to find closely correlated positions to Cirrus Logic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cirrus Logic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cirrus Logic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cirrus Logic to buy it.
The correlation of Cirrus Logic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cirrus Logic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cirrus Logic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cirrus Logic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cirrus Logic Correlation against competitors. For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Cirrus Logic's price analysis, check to measure Cirrus Logic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.
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Is Cirrus Logic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cirrus Logic. If investors know Cirrus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cirrus Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.366 | Earnings Share 4.9 | Revenue Per Share 32.951 | Quarterly Revenue Growth (0) | Return On Assets 0.1005 |
The market value of Cirrus Logic is measured differently than its book value, which is the value of Cirrus that is recorded on the company's balance sheet. Investors also form their own opinion of Cirrus Logic's value that differs from its market value or its book value, called intrinsic value, which is Cirrus Logic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cirrus Logic's market value can be influenced by many factors that don't directly affect Cirrus Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cirrus Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cirrus Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cirrus Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.