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Asset logo for symbol GFS
GLOBALFOUNDRIES
GFS51
$31.71arrow_drop_up1.02%$0.32
Asset logo for symbol GFS
GFS51

$31.71

arrow_drop_up1.02%

Income Statement (GFS)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT$186.00M$167.00M$147.00M$269.00M$295.00M
EBITDA$582.00M$569.00M$539.00M$671.00M$661.00M
gross Profit$414.00M$395.00M$393.00M$525.00M$529.00M
NET Income$177.00M$155.00M$133.00M$277.00M$249.00M
total Revenue$1.73B$1.63B$1.54B$1.85B$1.85B

Balance Sheet (GFS)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$120.00M$569.00M$853.00M-$15.00M$839.00M
stockholders Equity$11.53B$11.25B$11.25B$11.10B$10.78B
total Assets$18.10B$17.92B$18.45B$18.04B$17.84B
total Debt$2.40B$2.75B$3.10B$2.37B$2.71B
total Liabilities$6.28B$6.37B$6.89B$6.89B$7.01B

Cash Flow (GFS)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow-$12.00M-$294.00M-$27.00M-$87.00M-$54.00M
free Cash Flow$266.00M$301.00M$261.00M$379.00M$92.00M
investing Cash Flow-----
operating Cash Flow$375.00M$402.00M$488.00M$684.00M$416.00M

GLOBALFOUNDRIES (GFS) Financials

GLOBALFOUNDRIES Inc. (GFS) is a semiconductor manufacturing company that designs and produces advanced integrated circuits for a wide range of applications. As of the latest financial statements, GFS has been recording consistent growth in its operating results, with a strong focus on profitability and financial stability. The income statement of GFS highlights its revenue and expenses over a specific period, providing insights into the company's performance. The total revenue generated by GFS reflects the overall sales of its products and services. This figure is an essential indicator of the company's market presence and customer demand. Alongside revenue, the income statement also presents several key financial figures, including the gross profit, operating profit (EBIT), and net income from stockholders.
The gross profit represents the amount of revenue that exceeds the cost of goods sold, providing a measure of the company's efficiency in manufacturing and distribution. EBIT, or earnings before interest and taxes, demonstrates the profitability of GFS's operations without considering the impact of interest expenses and tax obligations. EBITDA stands for earnings before interest, taxes, depreciation, and amortization, providing a more comprehensive view of the company's profitability. Net income from stockholders represents the final profit figure available to the company's shareholders after all expenses and taxes. This value is crucial in determining the company's ability to generate returns for its investors.
Moving to the balance sheet, which provides a snapshot of GFS's financial position at a specific point in time. Total assets reflect the company's investments in resources, such as property, equipment, and intellectual property rights. On the other hand, total liabilities represent the company's obligations and debts. The difference between total assets and total liabilities is known as stockholders' equity, indicating the net worth of GFS. Cash equivalents, a component of the balance sheet, refer to highly liquid assets that can be readily converted into cash. Net debt represents GFS's total borrowings deducted by its cash and cash equivalents, giving an indication of the company's financial leverage.
Lastly, cash flow statements provide insights into the inflows and outflows of cash within GFS. Operating cash flow shows the cash generated or used by the company's core operations, providing insights into its operational efficiency. Investing cash flow reflects cash used for acquiring or disposing of assets, such as capital expenditures or investments. Financing cash flow represents the cash related to debt and equity financing, including dividends and repayments of borrowings. The free cash flow calculation further demonstrates the company's ability to generate cash after accounting for necessary capital expenditures. Monitoring the financial metrics mentioned above is crucial for evaluating the financial performance and stability of GLOBALFOUNDRIES Inc. (GFS).
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