Navitas Semiconductor (NASDAQ:NVTS) Is In A Good Position To Deliver On Growth Plans [Yahoo! Finance]
Navitas Semiconductor Corporation (NVTS)
Company Research
Source: Yahoo! Finance
So, the natural question for Navitas Semiconductor NASDAQ:NVTS ) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. Does Navitas Semiconductor Have A Long Cash Runway? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In June 2024, Navitas Semiconductor had US$112m in cash, and was debt-free. Importantly, its cash burn was US$67m over the trailing twelve months. That means it had a cash runway of around 20 months as of June 2024. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash burn reduces drastically. You can see how its cash balance has changed over time in the image below. How Well Is
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News
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Navitas Semiconductor Inc.Accesswire
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Navitas SemiconductorAccesswire
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Navitas Semiconductor Inc.Accesswire
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Initiates Investigation into Navitas Semiconductor Inc. Accesswire
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Navitas SemiconduAccesswire
NVTS
Earnings
- 8/5/24 - Beat
NVTS
Sec Filings
- 9/16/24 - Form 8-K
- 8/30/24 - Form 4
- 8/29/24 - Form 4
- NVTS's page on the SEC website