Current Ratio
since 2005
Calculation
Advanced Micro Devices Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 27, 2025 | 2.85 | = | 26,947) | ÷ | 9,455) |
| Dec 28, 2024 | 2.62 | = | 19,049) | ÷ | 7,281) |
| Dec 30, 2023 | 2.51 | = | 16,768) | ÷ | 6,689) |
| Dec 31, 2022 | 2.36 | = | 15,019) | ÷ | 6,369) |
| Dec 25, 2021 | 2.02 | = | 8,583) | ÷ | 4,240) |
| Dec 26, 2020 | 2.54 | = | 6,143) | ÷ | 2,417) |
| Dec 28, 2019 | 1.95 | = | 4,597) | ÷ | 2,359) |
| Dec 29, 2018 | 1.78 | = | 3,540) | ÷ | 1,984) |
| Dec 30, 2017 | 1.76 | = | 2,622) | ÷ | 1,486) |
| Dec 31, 2016 | 1.88 | = | 2,530) | ÷ | 1,346) |
| Dec 26, 2015 | 1.65 | = | 2,320) | ÷ | 1,403) |
| Dec 27, 2014 | 1.90 | = | 2,736) | ÷ | 1,440) |
| Dec 28, 2013 | 1.78 | = | 2,884) | ÷ | 1,618) |
| Dec 29, 2012 | 1.62 | = | 2,265) | ÷ | 1,397) |
| Dec 31, 2011 | 1.82 | = | 3,229) | ÷ | 1,774) |
| Dec 25, 2010 | 2.15 | = | 3,594) | ÷ | 1,674) |
| Dec 26, 2009 | 1.93 | = | 4,275) | ÷ | 2,210) |
| Dec 27, 2008 | 1.07 | = | 2,379) | ÷ | 2,226) |
| Dec 29, 2007 | 1.45 | = | 3,816) | ÷ | 2,625) |
| Dec 31, 2006 | 1.39 | = | 3,963) | ÷ | 2,852) |
| Dec 25, 2005 | 1.95 | = | 3,559) | ÷ | 1,822) |
Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).
1 US$ in millions
The current ratio exhibited considerable fluctuation between 2005 and 2025. Initially, the ratio demonstrated a decline followed by periods of improvement and stabilization, ultimately concluding with a sustained upward trend in recent years.
- Initial Decline and Volatility (2005-2009)
- From 2005 to 2009, the current ratio experienced a period of volatility. It began at 1.95 in 2005, decreased to a low of 1.07 in 2008, and then recovered to 1.93 in 2009. This initial decline suggests a potential weakening in the company’s ability to cover its short-term liabilities with its short-term assets during this period. The subsequent recovery in 2009 indicates a possible improvement in liquidity.
- Period of Stabilization (2010-2014)
- Between 2010 and 2014, the current ratio remained relatively stable, fluctuating between 1.65 and 2.15. This suggests a period of consistent, though not dramatically improved, liquidity management. The ratio generally remained above 1.5, indicating a reasonable capacity to meet short-term obligations.
- Moderate Fluctuations (2015-2019)
- From 2015 to 2019, the current ratio continued to fluctuate, remaining within a narrow range of 1.76 to 1.95. While there were no significant peaks or troughs, the ratio did not demonstrate a clear upward or downward trend. This period suggests a consistent, but not expanding, short-term liquidity position.
- Significant Improvement and Sustained Growth (2020-2025)
- Beginning in 2020, the current ratio experienced a substantial increase, rising from 2.54 to 2.85 by 2025. This represents a significant improvement in the company’s short-term liquidity position. The consistent upward trend during this period suggests effective management of current assets and liabilities, and a strengthening ability to meet short-term obligations. The ratio consistently exceeded 2.0, indicating a strong liquidity position.
Overall, the trend indicates a strengthening liquidity position over the analyzed period, particularly in the most recent years. The earlier volatility suggests potential challenges in managing short-term finances, but these appear to have been addressed, resulting in a more stable and favorable liquidity profile.
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Comparison to Competitors
Advanced Micro Devices Inc., current ratio, long-term trends, comparison to competitors
| Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 27, 2025 | 2.85 | 2.19 | 2.61 | 1.71 | 2.02 | 2.62 | 2.21 | 2.52 | 4.44 | 2.82 | 4.35 |
| Dec 28, 2024 | 2.62 | 1.84 | 2.51 | 1.17 | 1.33 | 2.15 | 2.97 | 2.64 | 4.17 | 2.40 | 4.12 |
| Dec 30, 2023 | 2.51 | 1.37 | 2.60 | 2.82 | 1.54 | 2.24 | 3.16 | 4.46 | 3.52 | 2.33 | 4.55 |
| Dec 31, 2022 | 2.36 | 2.02 | 2.16 | 2.62 | 1.57 | 2.50 | 2.69 | 2.89 | 6.65 | 1.75 | 4.70 |
| Dec 25, 2021 | 2.02 | 1.94 | 2.54 | 2.64 | 2.10 | 2.71 | 3.30 | 3.10 | 4.09 | 1.68 | 5.33 |
| Dec 26, 2020 | 2.54 | 1.84 | 3.00 | 1.87 | 1.91 | 2.78 | 3.43 | 2.71 | 7.67 | 2.14 | 4.28 |
| Dec 28, 2019 | 1.95 | 1.32 | 2.30 | 1.44 | 1.40 | 2.44 | 3.61 | 2.58 | 7.94 | 1.88 | 4.13 |
| Dec 29, 2018 | 1.78 | 1.50 | 2.64 | 3.90 | 1.73 | 3.73 | 2.90 | 2.79 | 8.03 | 1.55 | 3.27 |
| Dec 30, 2017 | 1.76 | 1.47 | 3.14 | 6.26 | 1.69 | 3.40 | 3.10 | 2.34 | 4.77 | 4.00 | 3.87 |
| Dec 31, 2016 | 1.88 | 6.35 | 2.30 | 2.31 | 1.75 | 3.86 | 3.81 | 1.96 | 2.57 | 3.14 | 3.29 |
| Dec 26, 2015 | 1.65 | 3.66 | 2.44 | 3.37 | 2.58 | 3.90 | 2.38 | 2.20 | 6.38 | 3.62 | 2.77 |
| Dec 27, 2014 | 1.90 | 5.38 | 2.47 | 3.77 | 1.73 | 5.12 | 3.02 | 2.13 | 5.95 | 3.73 | 2.92 |
| Dec 28, 2013 | 1.78 | 9.59 | 2.31 | 4.30 | 2.36 | 5.05 | 2.70 | 2.16 | 4.89 | 3.75 | 2.92 |
| Dec 29, 2012 | 1.62 | 8.94 | 2.25 | 4.89 | 2.43 | 4.83 | 3.09 | 2.57 | 4.20 | 2.95 | 2.40 |
| Dec 31, 2011 | 1.82 | 8.35 | 3.71 | 3.98 | 2.15 | 4.17 | 4.79 | 2.35 | 3.42 | 2.70 | 2.24 |
| Dec 25, 2010 | 2.15 | 5.41 | 2.34 | 1.92 | 3.39 | 3.67 | 3.14 | 2.34 | 3.16 | 2.22 | 3.56 |
| Dec 26, 2009 | 1.93 | 6.44 | 2.93 | 1.36 | 2.79 | 4.25 | 3.51 | 1.77 | 2.78 | 4.47 | 3.85 |
| Dec 27, 2008 | 1.07 | 3.67 | 2.26 | — | 2.54 | 3.19 | 3.01 | 2.36 | 2.99 | 5.12 | 3.78 |
| Dec 29, 2007 | 1.45 | 3.61 | 2.78 | — | 2.79 | 3.03 | 2.11 | 2.58 | 3.18 | 3.91 | 3.42 |
| Dec 31, 2006 | 1.39 | 6.13 | 2.50 | — | 2.15 | 3.53 | 3.01 | 3.07 | 3.53 | 4.96 | 3.78 |
| Dec 25, 2005 | 1.95 | 4.56 | 5.35 | — | 2.30 | 3.44 | 3.28 | 2.99 | 3.10 | 7.28 | 3.92 |
Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Advanced Micro Devices Inc., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Advanced Micro Devices Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 27, 2025 | 2.85 | 2.63 |
| Dec 28, 2024 | 2.62 | 2.14 |
| Dec 30, 2023 | 2.51 | 2.45 |
| Dec 31, 2022 | 2.36 | 2.34 |
| Dec 25, 2021 | 2.02 | 2.47 |
| Dec 26, 2020 | 2.54 | 2.47 |
| Dec 28, 2019 | 1.95 | 2.04 |
| Dec 29, 2018 | 1.78 | 2.31 |
| Dec 30, 2017 | 1.76 | 2.90 |
| Dec 31, 2016 | 1.88 | 2.38 |
| Dec 26, 2015 | 1.65 | 2.82 |
| Dec 27, 2014 | 1.90 | 2.58 |
| Dec 28, 2013 | 1.78 | 2.87 |
| Dec 29, 2012 | 1.62 | 2.76 |
| Dec 31, 2011 | 1.82 | 2.67 |
| Dec 25, 2010 | 2.15 | 2.89 |
| Dec 26, 2009 | 1.93 | 3.00 |
| Dec 27, 2008 | 1.07 | 2.79 |
| Dec 29, 2007 | 1.45 | 2.80 |
| Dec 31, 2006 | 1.39 | 2.71 |
| Dec 25, 2005 | 1.95 | 3.22 |
Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).
Comparison to Industry (Information Technology)
Advanced Micro Devices Inc., current ratio, long-term trends, comparison to industry (information technology)
| Advanced Micro Devices Inc. | Information Technology | |
|---|---|---|
| Dec 27, 2025 | 2.85 | 1.39 |
| Dec 28, 2024 | 2.62 | 1.24 |
| Dec 30, 2023 | 2.51 | 1.41 |
| Dec 31, 2022 | 2.36 | 1.37 |
| Dec 25, 2021 | 2.02 | 1.55 |
| Dec 26, 2020 | 2.54 | 1.71 |
| Dec 28, 2019 | 1.95 | 1.66 |
| Dec 29, 2018 | 1.78 | 1.88 |
| Dec 30, 2017 | 1.76 | 2.04 |
| Dec 31, 2016 | 1.88 | 2.01 |
| Dec 26, 2015 | 1.65 | 2.03 |
| Dec 27, 2014 | 1.90 | 1.97 |
| Dec 28, 2013 | 1.78 | 2.20 |
| Dec 29, 2012 | 1.62 | 2.07 |
| Dec 31, 2011 | 1.82 | 2.11 |
| Dec 25, 2010 | 2.15 | 2.01 |
| Dec 26, 2009 | 1.93 | 2.03 |
| Dec 27, 2008 | 1.07 | 1.80 |
| Dec 29, 2007 | 1.45 | 1.79 |
| Dec 31, 2006 | 1.39 | 1.85 |
| Dec 25, 2005 | 1.95 | 2.01 |
Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-25).