Wolfspeed Inc

NYSE WOLF

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Wolfspeed Inc Asset Coverage Ratio 3 year CAGR for the quarter ending March 31, 2024: -31.07%

Wolfspeed Inc Asset Coverage Ratio 3 year CAGR is -31.07% for the quarter ending March 31, 2024, a -2.04% change year over year. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Wolfspeed Inc Asset Coverage Ratio for the quarter ending March 31, 2023 was 1.76, a -50.87% change year over year.
  • Wolfspeed Inc Asset Coverage Ratio for the quarter ending March 31, 2022 was 3.59, a -13.04% change year over year.
  • Wolfspeed Inc Asset Coverage Ratio for the quarter ending March 31, 2021 was 4.13, a -21.25% change year over year.
  • Wolfspeed Inc Asset Coverage Ratio for the quarter ending March 31, 2020 was 5.25.
NYSE: WOLF

Wolfspeed Inc

CEO Mr. Gregg A. Lowe
IPO Date Feb. 9, 1993
Location United States
Headquarters 4600 Silicon Drive, Durham, NC, United States, 27703
Employees 4,802
Sector Technology
Industry Semiconductors
Description

Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.

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StockViz Staff

September 20, 2024

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