Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Advanced Micro Devices Inc. (NASDAQ:AMD)

Analysis of Liquidity Ratios

Beginner level

Liquidity Ratios (Summary)

Advanced Micro Devices Inc., liquidity ratios

Microsoft Excel LibreOffice Calc
Dec 26, 2020 Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016
Current ratio 2.54 1.95 1.78 1.76 1.88
Quick ratio 1.81 1.43 1.23 1.09 1.19
Cash ratio 0.95 0.64 0.58 0.80 0.94

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Advanced Micro Devices Inc.’s current ratio improved from 2018 to 2019 and from 2019 to 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Advanced Micro Devices Inc.’s quick ratio improved from 2018 to 2019 and from 2019 to 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Advanced Micro Devices Inc.’s cash ratio improved from 2018 to 2019 and from 2019 to 2020.

Current Ratio

Advanced Micro Devices Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 26, 2020 Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Current assets 6,143  4,597  3,540  2,622  2,530 
Current liabilities 2,417  2,359  1,984  1,486  1,346 
Liquidity Ratio
Current ratio1 2.54 1.95 1.78 1.76 1.88
Benchmarks
Current Ratio, Competitors2
Analog Devices Inc. 1.84 1.32 1.50 1.47 6.35
Apple Inc. 1.36 1.54 1.12 1.28 1.35
Applied Materials Inc. 3.00 2.30 2.64 3.14 2.30
Broadcom Inc. 1.87 1.44 3.90 6.26 2.31
Cisco Systems Inc. 1.72 1.51 2.29 3.03 3.16
Intel Corp. 1.91 1.40 1.73 1.69 1.75
Lam Research Corp. 3.43 3.61 2.90 3.10 3.81
Micron Technology Inc. 2.71 2.58 2.79 2.34 1.96
NVIDIA Corp. 7.67 7.94 8.03 4.77 2.57
Qualcomm Inc. 2.14 1.88 1.55 4.00 3.14
Texas Instruments Inc. 4.28 4.13 3.27 3.87 3.29
Current Ratio, Sector
Technology Hardware & Equipment 1.68 1.58 2.00 1.97
Current Ratio, Industry
Technology 2.04 2.17 2.39 2.36

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21).

1 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 6,143 ÷ 2,417 = 2.54

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Advanced Micro Devices Inc.’s current ratio improved from 2018 to 2019 and from 2019 to 2020.

Quick Ratio

Advanced Micro Devices Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 26, 2020 Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 1,595  1,466  1,078  1,185  1,264 
Short-term investments 695  37  78  —  — 
Accounts receivable, net 2,066  1,859  1,235  400  311 
Receivables from related parties 10  20  52  33  32 
Total quick assets 4,366  3,382  2,443  1,618  1,607 
 
Current liabilities 2,417  2,359  1,984  1,486  1,346 
Liquidity Ratio
Quick ratio1 1.81 1.43 1.23 1.09 1.19
Benchmarks
Quick Ratio, Competitors2
Analog Devices Inc. 1.31 0.85 1.04 1.09 5.79
Apple Inc. 1.22 1.38 0.99 1.09 1.22
Applied Materials Inc. 1.95 1.38 1.62 2.34 1.66
Broadcom Inc. 1.56 1.21 3.26 5.40 1.71
Cisco Systems Inc. 1.58 1.39 2.11 2.92 3.05
Intel Corp. 1.24 0.93 1.11 1.13 1.07
Lam Research Corp. 2.78 2.90 2.26 2.62 3.34
Micron Technology Inc. 1.82 1.74 2.13 1.72 1.34
NVIDIA Corp. 7.04 6.66 7.26 4.26 2.36
Qualcomm Inc. 1.75 1.65 1.33 3.75 2.85
Texas Instruments Inc. 3.34 3.04 2.20 2.55 2.10
Quick Ratio, Sector
Technology Hardware & Equipment 1.42 1.32 1.72 1.69
Quick Ratio, Industry
Technology 1.83 1.96 2.18 2.14

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21).

1 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,366 ÷ 2,417 = 1.81

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Advanced Micro Devices Inc.’s quick ratio improved from 2018 to 2019 and from 2019 to 2020.

Cash Ratio

Advanced Micro Devices Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 26, 2020 Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 1,595  1,466  1,078  1,185  1,264 
Short-term investments 695  37  78  —  — 
Total cash assets 2,290  1,503  1,156  1,185  1,264 
 
Current liabilities 2,417  2,359  1,984  1,486  1,346 
Liquidity Ratio
Cash ratio1 0.95 0.64 0.58 0.80 0.94
Benchmarks
Cash Ratio, Competitors2
Analog Devices Inc. 0.77 0.43 0.58 0.66 5.18
Apple Inc. 0.86 0.95 0.57 0.74 0.85
Applied Materials Inc. 1.29 0.81 0.99 1.77 1.03
Broadcom Inc. 1.20 0.73 1.84 4.43 1.01
Cisco Systems Inc. 1.16 1.05 1.72 2.56 2.64
Intel Corp. 0.97 0.59 0.70 0.80 0.84
Lam Research Corp. 2.12 2.29 1.57 2.05 2.82
Micron Technology Inc. 1.23 1.24 1.18 1.02 0.91
NVIDIA Corp. 6.11 5.58 6.16 3.80 2.14
Qualcomm Inc. 1.29 1.37 1.08 3.42 2.55
Texas Instruments Inc. 2.75 2.54 1.71 1.98 1.54
Cash Ratio, Sector
Technology Hardware & Equipment 1.00 0.88 1.34 1.32
Cash Ratio, Industry
Technology 1.38 1.47 1.74 1.69

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21).

1 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,290 ÷ 2,417 = 0.95

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Advanced Micro Devices Inc.’s cash ratio improved from 2018 to 2019 and from 2019 to 2020.