Vitesse Semiconductor Corp (VTSS) financial statements (2021 and earlier)

Company profile

Business Address 4721 CALLE CARGA
CAMARILLO, CA 93012
State of Incorp. DE
Fiscal Year End September 30
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7269
Cash and cash equivalents7269
Receivables1110
Inventory, net of allowances, customer advances and progress billings1311
Inventory1311
Prepaid expense and other current assets2
Other undisclosed current assets2 
Total current assets:9791
Noncurrent Assets
Property, plant and equipment33
Intangible assets, net (including goodwill)11
Intangible assets, net (excluding goodwill)11
Regulated entity, other noncurrent assets00
Restricted cash and investments22
Other noncurrent assets3 
Prepaid expense and other noncurrent assets3
Other undisclosed noncurrent assets(2)(2)
Total noncurrent assets:78
TOTAL ASSETS:10599
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities208
Accounts payable77
Accrued liabilities12 
Taxes payable00
Debt33 
Deferred revenue and credits52
Other undisclosed current liabilities(0)12
Total current liabilities:5722
Noncurrent Liabilities
Long-term debt and lease obligation, including:4961
Long-term debt, excluding current maturities 44
Other undisclosed long-term debt and lease obligation4916
Liabilities, other than long-term debt00
Other liabilities00
Other undisclosed noncurrent liabilities(33) 
Total noncurrent liabilities:1761
Total liabilities:7483
Stockholders' equity
Stockholders' equity attributable to parent3116
Common stock11
Additional paid in capital1,9251,892
Accumulated deficit(1,894)(1,876)
Total stockholders' equity:3116
TOTAL LIABILITIES AND EQUITY:10599

Income statement (P&L) ($ in millions)

9/30/2014
9/30/2013
Revenues108104
Revenue, net103101
Cost of revenue(44)(47)
Gross profit:6457
Operating expenses(74)(73)
Other undisclosed operating income00
Operating loss:(10)(15)
Nonoperating expense
(Other Nonoperating expense)
(8)(7)
Interest and debt expense(8)(8)
Loss from continuing operations before equity method investments, income taxes:(26)(31)
Other undisclosed income from continuing operations before income taxes88
Loss from continuing operations before income taxes:(18)(23)
Income tax expense (benefit)(0)1
Net loss available to common stockholders, diluted:(18)(22)

Comprehensive Income ($ in millions)

9/30/2014
9/30/2013
Net loss:(18)(22)
Comprehensive loss, net of tax, attributable to parent:(18)(22)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: