Wolfspeed Inc

NYSE WOLF

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Wolfspeed Inc Interest Expense To Sales 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 169.21%

Wolfspeed Inc Interest Expense To Sales 2 year CAGR is 169.21% for the Trailing 12 Months (TTM) ending March 31, 2024, a 485.88% change year over year. The interest expense to sales ratio is a financial metric that represents the proportion of a company's revenue that is used to cover its interest expenses. It is calculated by dividing the company's interest expense by its total revenue. This ratio indicates the financial burden of interest payments on the company's operating income. A higher ratio suggests that a significant portion of the company's revenue is being used to service interest obligations, potentially affecting its profitability. 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 Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2023 was 2.33%, a -43.05% change year over year.
  • Wolfspeed Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2022 was 4.09%, a -44.64% change year over year.
  • Wolfspeed Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2021 was 7.39%, a 112.30% change year over year.
  • Wolfspeed Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2020 was 3.48%.
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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