Cirrus Logic Inc (CRUS)

Solvency ratios

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00
Financial leverage ratio 1.19 1.23 1.24 1.33 1.32

Cirrus Logic Inc's solvency ratios indicate a strong financial position with consistently low levels of debt relative to assets, capital, and equity over the years analyzed. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio all stand at 0.00, highlighting that the company has financed its operations primarily through equity rather than debt.

Furthermore, the Financial leverage ratio has also shown a declining trend from 1.32 in March 31, 2021, to 1.19 in March 31, 2025. This downward trend signifies that the company is relying less on debt to fund its operations compared to its equity. Overall, Cirrus Logic Inc's solvency ratios suggest a strong financial position and a conservative approach to capital structure management.


Coverage ratios

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Interest coverage 386.51 284.67 389.89 233.02

Interest coverage for Cirrus Logic Inc has shown a consistent and strong trend over the past few years. The ratio has increased steadily from 233.02 in March 2021 to 389.89 in March 2022, indicating the company's ability to cover its interest expenses nearly four times over. This improvement continued in March 2023, with interest coverage at 284.67, although slightly lower than the previous year. By March 2024, the interest coverage ratio rose again to 386.51, demonstrating a robust financial position and the ability to comfortably meet interest obligations. However, the absence of data for March 2025 makes it difficult to assess the most current position. Overall, Cirrus Logic Inc's interest coverage has been strong and stable, suggesting the company has a healthy cash flow to service its debt obligations.