QLogic Corp. QLGC NASDAQ

QLogic Corp. (QLGC) reported total assets of $850.95M and total liabilities of $81.57M for quarter ending 2016-07-03, resulting in total equity of $769.38M.

The company held $365.28M in cash and short-term investments. Total debt stood at $10.75M, with net debt of $-108.87M. The Debt-to-Equity (D/E) ratio was 0.01 (conservative).

Current ratio is 7.25, indicating strong short-term liquidity.

Criteria supported by this page:

• HEALTH (100/100, Pass) — Debt-to-Equity of 0.01, current ratio of 7.25 — balance sheet is strong
• MOAT (43/100) — Total assets $850.95M and equity $769.38M support the company's competitive scale
• VALUE (60/100) — Debt-to-Equity 0.01 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 63/100 with 2/7 criteria passed.