Qorvo Inc (QRVO) - Total Assets
Based on the latest financial reports, Qorvo Inc (QRVO) holds total assets worth $5.83 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore how well can Qorvo Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Qorvo Inc - Total Assets Trend (2000–2026)
This chart illustrates how Qorvo Inc's total assets have evolved over time, based on quarterly financial data. See what is Qorvo Inc's book value for net asset value and shareholders' equity analysis.
Qorvo Inc - Asset Composition Analysis
Current Asset Composition (March 2026)
Qorvo Inc's total assets of $5.83 Billion consist of 39.6% current assets and 60.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.9% |
| Accounts Receivable | $398.68 Million | 6.8% |
| Inventory | $553.72 Million | 9.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $121.51 Million | 2.1% |
| Goodwill | $2.35 Billion | 40.4% |
Asset Composition Trend (2000–2026)
This chart illustrates how Qorvo Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see QRVO company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qorvo Inc's current assets represent 39.6% of total assets in 2026, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 20.9% of total assets in 2026, up from 8.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 3.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 40.4% of total assets.
Qorvo Inc Competitors by Total Assets
Key competitors of Qorvo Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GlobalWafers Co Ltd
TWO:6488
|
Taiwan | NT$218.34 Billion |
|
Amlogic Shanghai Co Ltd
SHG:688099
|
China | CN¥8.35 Billion |
|
Nexchip Semiconductor Corp. A
SHG:688249
|
China | CN¥51.21 Billion |
|
Union Semiconductor (Hefei) Co. Ltd. A
SHG:688403
|
China | CN¥5.05 Billion |
|
Melexis NV
BR:MELE
|
Belgium | €903.27 Million |
|
Goke Microelectronics Co Ltd
SHE:300672
|
China | CN¥6.94 Billion |
|
Bestechnic (Shanghai) Co. Ltd. A
SHG:688608
|
China | CN¥7.49 Billion |
|
Nations Technologies Inc
SHE:300077
|
China | CN¥3.57 Billion |
Qorvo Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.24 | 2.77 | 3.37 |
| Quick Ratio | 2.46 | 1.95 | 2.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.59 Billion | $1.38 Billion | $1.67 Billion |
Qorvo Inc - Advanced Valuation Insights
This section examines the relationship between Qorvo Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.21 |
| Latest Market Cap to Assets Ratio | 1.29 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $5.83 Billion |
| Market Capitalization | $7.54 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Qorvo Inc's assets above their book value (1.29x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Qorvo Inc's assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Qorvo Inc (2000–2026)
The table below shows the annual total assets of Qorvo Inc from 2000 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | $5.83 Billion | -1.81% |
| 2025-03-31 | $5.93 Billion | -9.48% |
| 2024-03-31 | $6.55 Billion | -2.05% |
| 2023-03-31 | $6.69 Billion | -10.88% |
| 2022-03-31 | $7.51 Billion | +3.98% |
| 2021-03-31 | $7.22 Billion | +10.07% |
| 2020-03-31 | $6.56 Billion | +12.96% |
| 2019-03-31 | $5.81 Billion | -8.99% |
| 2018-03-31 | $6.38 Billion | -2.16% |
| 2017-03-31 | $6.52 Billion | -1.13% |
| 2016-03-31 | $6.60 Billion | -4.29% |
| 2015-03-31 | $6.89 Billion | +648.92% |
| 2014-03-31 | $920.31 Million | -1.25% |
| 2013-03-31 | $932.00 Million | -3.38% |
| 2012-03-31 | $964.58 Million | -5.93% |
| 2011-03-31 | $1.03 Billion | +1.12% |
| 2010-03-31 | $1.01 Billion | -6.40% |
| 2009-03-31 | $1.08 Billion | -46.30% |
| 2008-03-31 | $2.02 Billion | +85.13% |
| 2007-03-31 | $1.09 Billion | +16.48% |
| 2006-03-31 | $935.44 Million | +8.80% |
| 2005-03-31 | $859.75 Million | -12.98% |
| 2004-03-31 | $988.02 Million | +5.92% |
| 2003-03-31 | $932.83 Million | +27.96% |
| 2002-03-31 | $729.00 Million | +1.12% |
| 2001-03-31 | $720.93 Million | +109.20% |
| 2000-03-31 | $344.61 Million | -- |
About Qorvo Inc
Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency, analog mixed signal, and powe… Read more