QLGC  QLogic Corporation

Exchange

NASDAQ

Sector

Technology

Industry

Computer Communications Equipment

Market Cap.

857.9M

Very Strong Balance Sheet

QLGC has more Cash than its Total Liabilities, resulting in $3.74 Net Cash per share. In other words, if you buy QLGC today, the price you're paying for shares is actually $5.72 because $3.74 of Cash is included in the current share price. This much Cash is very healthy. It can help QLGC sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.
Figures in USD. Fiscal year ends in March
2003200420052006200720082009201020112012
Cash 643.20M 743.03M 812.34M 665.64M 543.92M 320.51M 343.28M 375.67M 384.08M 537.96M
Current Assets 748.18M 853.58M 939.52M 819.09M 697.15M 470.82M 481.95M 489.20M 519.65M 686.89M
Total Assets 817.42M 928.52M 1.03B 937.71M 971.36M 810.97M 780.29M 750.74M 757.21M 913.42M
Current Liabilities 66.68M 60.80M 68.82M 78.35M 94.53M 86.67M 93.27M 82.44M 82.34M 81.22M
Total Liabilities 66.68M 60.80M 70.16M 78.35M 96.83M 145.05M 153.75M 167.40M 156.04M 153.58M
Stockholder' Equity 750.74M 867.72M 956.18M 859.35M 874.53M 665.92M 626.55M 583.34M 601.16M 759.84M
Current Ratio 11.22 14.04 13.65 10.45 7.37 5.43 5.17 5.93 6.31 8.46
TL-to-TA 0.08 0.07 0.07 0.08 0.10 0.18 0.20 0.22 0.21 0.17

Consistent Reinvestment of Profits over the past 10 years

QLGC has consistently retained profits. This may put QLGC in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, QLGC can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in March
2003200420052006200720082009201020112012
Retained Earnings 308.45M 442.13M 599.72M 883.31M 988.73M 1.08B 1.19B 1.25B 1.39B 1.62B
Retained Earnings Growth - 43.34% 35.65% 47.29% 11.93% 9.73% 10.03% 4.60% 11.14% 16.53%