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GlobalFoundries (GFS)

(Delayed Data from NSDQ)

$48.39 USD

48.39
865,267

+0.60 (1.26%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $48.45 +0.06 (0.12%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value F Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 42% (147 out of 252)

Industry: Electronics - Semiconductors

Better trading starts here.

Balance Sheet

Research for GFS

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for GlobalFoundries Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 3,420 2,974 2,939 942 1,030
Receivables 1,420 1,487 1,208 1,075 2,121
Notes Receivable NA 0 0 0 0
Inventories 1,487 1,339 1,121 920 352
Other Current Assets NA 0 23 51 11
Total Current Assets 6,327 5,800 5,291 2,987 3,514
Net Property & Equipment 10,164 10,596 8,713 8,226 9,611
Investments & Advances 468 372 38 37 77
Other Non-Current Assets NA 281 254 45 238
Deferred Charges 241 292 353 444 408
Intangibles NA 363 377 548 635
Deposits & Other Assets 844 137 2 36 14
Total Assets 18,044 17,841 15,028 12,322 14,498
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 0 0 0 0
Accounts Payable NA 2,849 2,586 1,216 1,333
Current Portion Long-Term Debt 571 223 297 382 687
Current Portion Capital Leases NA 75 135 131 131
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 31 37
Other Current Liabilities 2,528 212 145 136 148
Total Current Liabilities 3,099 3,359 3,163 1,896 2,336
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 294 147 149 197
Convertible Debt NA 0 0 0 0
Long-Term Debt 1,801 2,288 1,716 1,956 2,042
Non-Current Capital Leases NA 270 291 333 388
Other Non-Current Liabilities 1,993 1,670 1,678 745 515
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 6,893 7,881 6,994 5,080 5,478
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) 24,038 11 11 10 10
Capital Surplus NA 23,831 23,487 11,708 11,707
Retained Earnings -13,001 -14,021 -15,469 -15,219 -13,871
Other Equity 114 139 4 10,743 11,174
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity 11,151 9,960 8,033 7,242 9,019
Total Liabilities & Shareholder's Equity 18,044 17,841 15,028 12,322 14,498
Total Common Equity 111,150 9,960 8,033 7,242 9,019
Shares Outstanding 547.70 547.70 531.80 NA NA
Book Value Per Share 202.94 18.19 15.11 -0.07 -0.09

Fiscal Year End for GlobalFoundries Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 3,420 2,894 2,787 2,909
Receivables NA 1,420 1,404 1,232 1,296
Notes Receivable NA NA 0 0 0
Inventories NA 1,487 1,509 1,504 1,423
Other Current Assets NA NA 0 0 0
Total Current Assets NA 6,327 5,807 5,523 5,628
Net Property & Equipment NA 10,164 10,594 10,789 10,829
Investments & Advances NA 468 466 516 323
Other Non-Current Assets NA NA 243 248 0
Deferred Charges NA 241 251 245 271
Intangibles NA NA 381 381 0
Deposits & Other Assets NA 844 102 113 764
Total Assets NA 18,044 17,844 17,815 17,815
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA 0 0 0
Accounts Payable NA NA 2,321 2,320 0
Current Portion Long-Term Debt NA 571 199 221 205
Current Portion Capital Leases NA NA 52 61 0
Accrued Expenses NA NA 0 0 0
Income Taxes Payable NA NA 0 0 0
Other Current Liabilities NA 2,528 176 188 2,690
Total Current Liabilities NA 3,099 2,748 2,790 2,895
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA NA 285 291 0
Convertible Debt NA NA 0 0 0
Long-Term Debt NA 1,801 2,181 2,208 2,310
Non-Current Capital Leases NA NA 287 293 0
Other Non-Current Liabilities NA 1,512 1,659 2,303
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA 6,893 7,013 7,241 7,508
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA 0 0 0
Common Stock (Par) NA 24,038 11 11 23,927
Capital Surplus NA NA 24,000 23,968 0
Retained Earnings NA -13,001 -13,278 -13,527 -13,767
Other Equity NA 114 98 122 147
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA 11,151 10,831 10,574 10,307
Total Liabilities & Shareholder's Equity NA 18,044 17,844 17,815 17,815
Total Common Equity 0 111,150 10,831 10,574 10,307
Shares Outstanding 547.70 547.70 547.70 547.70 547.70
Book Value Per Share 0.00 202.94 19.78 19.31 18.82