Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Applied Materials Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26), 10-K (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-Q (reporting date: 2019-01-27), 10-K (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-Q (reporting date: 2018-01-28).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Applied Materials Inc. current ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Applied Materials Inc. quick ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Applied Materials Inc. cash ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Current Ratio
Applied Materials Inc., current ratio calculation (quarterly data)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | Jan 27, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Current assets | 19,182) | 19,147) | 18,879) | 17,773) | 16,715) | 15,925) | 15,434) | 15,244) | 15,707) | 16,107) | 15,248) | 14,971) | 14,269) | 13,369) | 12,248) | 12,735) | 10,769) | 10,206) | 10,042) | 10,062) | 10,285) | 10,747) | 10,889) | 11,891) | 13,029) | ||||||||
| Current liabilities | 7,076) | 7,372) | 8,224) | 7,871) | 7,250) | 7,379) | 6,833) | 6,650) | 6,264) | 6,344) | 5,125) | 4,822) | 4,504) | 4,459) | 4,285) | 4,765) | 4,569) | 4,447) | 3,785) | 3,605) | 3,776) | 4,068) | 4,322) | 4,580) | 4,399) | ||||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||||
| Current ratio1 | 2.71 | 2.60 | 2.30 | 2.26 | 2.31 | 2.16 | 2.26 | 2.29 | 2.51 | 2.54 | 2.98 | 3.10 | 3.17 | 3.00 | 2.86 | 2.67 | 2.36 | 2.30 | 2.65 | 2.79 | 2.72 | 2.64 | 2.52 | 2.60 | 2.96 | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | |||||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 2.51 | 2.19 | 2.18 | 2.38 | 2.36 | 2.16 | 2.44 | 2.40 | 2.02 | 2.24 | 2.70 | 2.51 | 2.54 | 2.28 | 2.10 | 2.21 | 1.95 | 2.10 | 2.08 | 2.08 | — | — | — | — | ||||||||
| Analog Devices Inc. | 1.51 | 1.37 | 1.71 | 1.79 | 2.12 | 2.02 | 1.92 | 1.99 | 2.09 | 1.94 | 1.11 | 1.05 | 1.57 | 1.84 | 1.47 | 1.30 | 1.08 | 1.32 | 1.35 | 1.52 | 2.34 | 1.50 | 1.58 | 1.53 | 1.76 | ||||||||
| Broadcom Inc. | 1.33 | 2.82 | 2.50 | 2.38 | 2.52 | 2.62 | 2.32 | 2.14 | 2.44 | 2.64 | 2.41 | 2.21 | 2.14 | 1.87 | 2.04 | 2.15 | 1.56 | 1.44 | 1.32 | 1.26 | 1.27 | 3.90 | 3.98 | 5.87 | 5.70 | ||||||||
| Intel Corp. | — | 1.54 | 1.53 | 1.60 | 1.76 | 1.57 | 1.77 | 1.86 | 2.13 | 2.10 | 2.07 | 1.99 | 1.90 | 1.91 | 1.66 | 1.97 | 1.74 | 1.40 | 1.20 | 1.48 | 1.54 | — | — | — | — | ||||||||
| KLA Corp. | 2.21 | 2.24 | 2.35 | 2.34 | 2.43 | 2.50 | 2.33 | 2.41 | 2.44 | 2.71 | 2.66 | 2.59 | 2.72 | 2.78 | 2.61 | 2.55 | 2.24 | 2.44 | 2.61 | 3.03 | 3.45 | 3.73 | 3.78 | 3.73 | 3.11 | ||||||||
| Lam Research Corp. | 3.06 | 3.16 | 3.09 | 3.01 | 2.69 | 2.69 | 2.83 | 3.13 | 3.27 | 3.30 | 3.13 | 3.19 | 3.31 | 3.43 | 4.47 | 3.30 | 3.59 | 3.61 | 3.37 | 3.39 | 2.66 | 2.90 | 2.64 | 2.47 | 3.31 | ||||||||
| Micron Technology Inc. | 3.53 | 4.46 | 4.26 | 4.17 | 3.51 | 2.89 | 3.24 | 3.11 | 3.10 | 3.10 | 3.40 | 3.18 | 2.91 | 2.71 | 2.89 | 2.74 | 2.56 | 2.58 | 2.79 | 2.25 | 2.90 | 2.79 | 2.63 | 2.58 | 2.39 | ||||||||
| NVIDIA Corp. | 3.43 | 3.52 | 3.39 | 3.62 | 5.32 | 6.65 | 7.14 | 5.80 | 4.53 | 4.09 | 3.92 | 6.09 | 10.29 | 7.67 | 8.42 | 8.65 | 8.98 | 7.94 | 7.08 | 7.41 | 8.54 | — | — | — | — | ||||||||
| ON Semiconductor Corp. | — | 2.71 | 2.44 | 2.39 | 2.22 | 2.78 | 3.01 | 2.79 | 2.79 | 2.45 | 2.52 | 2.22 | 1.84 | 1.90 | 2.11 | 2.35 | 2.32 | 1.66 | 1.54 | 2.42 | 2.31 | — | — | — | — | ||||||||
| Qualcomm Inc. | 2.56 | 2.33 | 2.42 | 2.42 | 2.09 | 1.75 | 1.61 | 1.61 | 1.65 | 1.68 | 1.72 | 2.02 | 2.15 | 2.14 | 1.97 | 1.57 | 1.76 | 1.88 | 1.77 | 1.55 | 1.54 | 1.55 | 2.73 | 3.60 | 3.41 | ||||||||
| Texas Instruments Inc. | 4.91 | 4.55 | 5.69 | 5.72 | 5.17 | 4.70 | 4.92 | 5.09 | 5.54 | 5.33 | 5.63 | 5.08 | 6.12 | 4.28 | 4.24 | 3.92 | 3.49 | 4.13 | 4.34 | 3.01 | 3.68 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26), 10-K (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-Q (reporting date: 2019-01-27), 10-K (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-Q (reporting date: 2018-01-28).
1 Q1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 19,182 ÷ 7,076 = 2.71
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. | Applied Materials Inc. current ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Quick Ratio
Applied Materials Inc., quick ratio calculation (quarterly data)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | Jan 27, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Cash and cash equivalents | 6,854) | 6,132) | 6,025) | 4,588) | 3,547) | 1,995) | 2,956) | 3,331) | 5,264) | 4,995) | 6,066) | 6,305) | 6,213) | 5,351) | 4,350) | 5,281) | 3,424) | 3,129) | 3,014) | 3,116) | 3,192) | 3,440) | 3,374) | 4,870) | 6,799) | ||||||||
| Short-term investments | 638) | 737) | 510) | 510) | 500) | 586) | 592) | 591) | 473) | 464) | 444) | 460) | 410) | 387) | 406) | 423) | 536) | 489) | 547) | 507) | 520) | 590) | 610) | 482) | 655) | ||||||||
| Accounts receivable, net | 4,700) | 5,165) | 5,230) | 5,516) | 5,385) | 6,068) | 4,956) | 4,883) | 4,405) | 4,953) | 3,822) | 3,375) | 3,045) | 2,963) | 2,806) | 2,625) | 2,679) | 2,533) | 2,373) | 2,264) | 2,444) | 2,565) | 2,882) | 2,665) | 2,182) | ||||||||
| Total quick assets | 12,192) | 12,034) | 11,765) | 10,614) | 9,432) | 8,649) | 8,504) | 8,805) | 10,142) | 10,412) | 10,332) | 10,140) | 9,668) | 8,701) | 7,562) | 8,329) | 6,639) | 6,151) | 5,934) | 5,887) | 6,156) | 6,595) | 6,866) | 8,017) | 9,636) | ||||||||
| Current liabilities | 7,076) | 7,372) | 8,224) | 7,871) | 7,250) | 7,379) | 6,833) | 6,650) | 6,264) | 6,344) | 5,125) | 4,822) | 4,504) | 4,459) | 4,285) | 4,765) | 4,569) | 4,447) | 3,785) | 3,605) | 3,776) | 4,068) | 4,322) | 4,580) | 4,399) | ||||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||||
| Quick ratio1 | 1.72 | 1.63 | 1.43 | 1.35 | 1.30 | 1.17 | 1.24 | 1.32 | 1.62 | 1.64 | 2.02 | 2.10 | 2.15 | 1.95 | 1.76 | 1.75 | 1.45 | 1.38 | 1.57 | 1.63 | 1.63 | 1.62 | 1.59 | 1.75 | 2.19 | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | |||||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 1.67 | 1.42 | 1.40 | 1.52 | 1.57 | 1.48 | 1.82 | 1.83 | 1.49 | 1.64 | 2.01 | 1.85 | 1.81 | 1.62 | 1.47 | 1.56 | 1.43 | 1.41 | 1.38 | 1.41 | — | — | — | — | ||||||||
| Analog Devices Inc. | 0.86 | 0.76 | 0.98 | 1.06 | 1.36 | 1.34 | 1.34 | 1.44 | 1.54 | 1.24 | 0.82 | 0.76 | 1.12 | 1.31 | 1.05 | 0.87 | 0.70 | 0.85 | 0.88 | 1.03 | 1.55 | 1.04 | 1.11 | 1.09 | 1.24 | ||||||||
| Broadcom Inc. | 0.83 | 2.34 | 2.04 | 1.94 | 2.12 | 2.18 | 1.89 | 1.75 | 2.03 | 2.27 | 2.05 | 1.86 | 1.80 | 1.56 | 1.72 | 1.88 | 1.30 | 1.21 | 1.09 | 1.04 | 1.05 | 3.26 | 3.27 | 5.15 | 4.84 | ||||||||
| Intel Corp. | — | 1.01 | 0.97 | 1.00 | 1.15 | 1.01 | 1.08 | 1.22 | 1.56 | 1.38 | 1.46 | 1.30 | 1.23 | 1.24 | 1.15 | 1.48 | 1.22 | 0.93 | 0.75 | 0.92 | 1.00 | — | — | — | — | ||||||||
| KLA Corp. | 1.30 | 1.33 | 1.41 | 1.48 | 1.53 | 1.57 | 1.48 | 1.63 | 1.62 | 1.81 | 1.80 | 1.74 | 1.76 | 1.82 | 1.67 | 1.67 | 1.45 | 1.54 | 1.68 | 2.26 | 2.58 | 2.90 | 2.96 | 3.00 | 2.54 | ||||||||
| Lam Research Corp. | 1.88 | 1.96 | 1.94 | 1.90 | 1.77 | 1.75 | 1.92 | 2.26 | 2.35 | 2.48 | 2.38 | 2.49 | 2.63 | 2.78 | 3.60 | 2.62 | 2.94 | 2.90 | 2.73 | 2.54 | 1.93 | 2.26 | 2.17 | 2.04 | 2.77 | ||||||||
| Micron Technology Inc. | 2.01 | 2.53 | 2.50 | 2.49 | 2.13 | 1.92 | 2.35 | 2.24 | 2.28 | 2.17 | 2.30 | 1.94 | 1.89 | 1.82 | 1.98 | 1.81 | 1.74 | 1.74 | 1.84 | 1.62 | 2.12 | 2.13 | 2.04 | 2.03 | 1.80 | ||||||||
| NVIDIA Corp. | 2.67 | 2.61 | 2.63 | 2.95 | 4.63 | 5.96 | 6.44 | 5.22 | 3.92 | 3.56 | 3.46 | 5.42 | 9.60 | 7.04 | 7.61 | 7.62 | 7.64 | 6.66 | 6.10 | 6.57 | 7.70 | — | — | — | — | ||||||||
| ON Semiconductor Corp. | — | 1.57 | 1.46 | 1.44 | 1.39 | 1.82 | 1.88 | 1.71 | 1.63 | 1.40 | 1.46 | 1.21 | 1.00 | 1.05 | 1.32 | 1.55 | 1.52 | 0.88 | 0.82 | 1.26 | 1.25 | — | — | — | — | ||||||||
| Qualcomm Inc. | 1.70 | 1.51 | 1.47 | 1.32 | 1.21 | 1.01 | 0.90 | 1.16 | 1.25 | 1.34 | 1.38 | 1.64 | 1.78 | 1.75 | 1.57 | 1.33 | 1.54 | 1.65 | 1.54 | 1.33 | 1.30 | 1.33 | 2.41 | 3.40 | 3.20 | ||||||||
| Texas Instruments Inc. | 3.40 | 3.12 | 4.12 | 4.24 | 3.93 | 3.67 | 3.98 | 4.13 | 4.60 | 4.45 | 4.74 | 4.08 | 4.86 | 3.34 | 3.16 | 2.84 | 2.54 | 3.04 | 3.19 | 2.13 | 2.56 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26), 10-K (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-Q (reporting date: 2019-01-27), 10-K (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-Q (reporting date: 2018-01-28).
1 Q1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 12,192 ÷ 7,076 = 1.72
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. | Applied Materials Inc. quick ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Cash Ratio
Applied Materials Inc., cash ratio calculation (quarterly data)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | Jan 27, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | Jan 28, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Cash and cash equivalents | 6,854) | 6,132) | 6,025) | 4,588) | 3,547) | 1,995) | 2,956) | 3,331) | 5,264) | 4,995) | 6,066) | 6,305) | 6,213) | 5,351) | 4,350) | 5,281) | 3,424) | 3,129) | 3,014) | 3,116) | 3,192) | 3,440) | 3,374) | 4,870) | 6,799) | ||||||||
| Short-term investments | 638) | 737) | 510) | 510) | 500) | 586) | 592) | 591) | 473) | 464) | 444) | 460) | 410) | 387) | 406) | 423) | 536) | 489) | 547) | 507) | 520) | 590) | 610) | 482) | 655) | ||||||||
| Total cash assets | 7,492) | 6,869) | 6,535) | 5,098) | 4,047) | 2,581) | 3,548) | 3,922) | 5,737) | 5,459) | 6,510) | 6,765) | 6,623) | 5,738) | 4,756) | 5,704) | 3,960) | 3,618) | 3,561) | 3,623) | 3,712) | 4,030) | 3,984) | 5,352) | 7,454) | ||||||||
| Current liabilities | 7,076) | 7,372) | 8,224) | 7,871) | 7,250) | 7,379) | 6,833) | 6,650) | 6,264) | 6,344) | 5,125) | 4,822) | 4,504) | 4,459) | 4,285) | 4,765) | 4,569) | 4,447) | 3,785) | 3,605) | 3,776) | 4,068) | 4,322) | 4,580) | 4,399) | ||||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||||
| Cash ratio1 | 1.06 | 0.93 | 0.79 | 0.65 | 0.56 | 0.35 | 0.52 | 0.59 | 0.92 | 0.86 | 1.27 | 1.40 | 1.47 | 1.29 | 1.11 | 1.20 | 0.87 | 0.81 | 0.94 | 1.00 | 0.98 | 0.99 | 0.92 | 1.17 | 1.69 | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | |||||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 0.86 | 0.76 | 0.83 | 0.90 | 0.92 | 0.84 | 1.08 | 1.17 | 0.85 | 1.01 | 1.31 | 1.09 | 0.95 | 0.73 | 0.73 | 0.70 | 0.64 | 0.65 | 0.63 | 0.68 | — | — | — | — | ||||||||
| Analog Devices Inc. | 0.45 | 0.30 | 0.41 | 0.44 | 0.69 | 0.60 | 0.62 | 0.75 | 0.81 | 0.71 | 0.53 | 0.47 | 0.63 | 0.77 | 0.65 | 0.50 | 0.37 | 0.43 | 0.41 | 0.52 | 0.71 | 0.58 | 0.58 | 0.56 | 0.67 | ||||||||
| Broadcom Inc. | 0.58 | 1.92 | 1.64 | 1.54 | 1.69 | 1.76 | 1.49 | 1.30 | 1.63 | 1.94 | 1.71 | 1.48 | 1.43 | 1.20 | 1.32 | 1.39 | 0.83 | 0.73 | 0.66 | 0.63 | 0.61 | 1.84 | 1.89 | 3.85 | 3.59 | ||||||||
| Intel Corp. | — | 0.89 | 0.87 | 0.89 | 1.01 | 0.88 | 0.81 | 0.99 | 1.32 | 1.03 | 1.17 | 1.00 | 0.93 | 0.97 | 0.83 | 1.15 | 0.87 | 0.59 | 0.48 | 0.61 | 0.64 | — | — | — | — | ||||||||
| KLA Corp. | 0.88 | 0.87 | 0.85 | 0.82 | 0.94 | 0.94 | 0.91 | 1.01 | 1.04 | 1.19 | 1.20 | 1.14 | 1.17 | 1.17 | 0.99 | 0.98 | 0.90 | 0.98 | 1.12 | 1.82 | 2.12 | 2.36 | 2.41 | 2.36 | 2.08 | ||||||||
| Lam Research Corp. | 1.21 | 1.28 | 1.21 | 1.01 | 0.87 | 0.80 | 1.04 | 1.38 | 1.35 | 1.62 | 1.60 | 1.68 | 1.95 | 2.12 | 2.56 | 1.83 | 2.27 | 2.29 | 2.19 | 1.68 | 1.28 | 1.57 | 1.64 | 1.46 | 2.22 | ||||||||
| Micron Technology Inc. | 1.52 | 2.01 | 2.03 | 2.06 | 1.62 | 1.24 | 1.46 | 1.46 | 1.47 | 1.34 | 1.53 | 1.32 | 1.24 | 1.23 | 1.40 | 1.28 | 1.20 | 1.24 | 1.24 | 1.02 | 1.07 | 1.18 | 1.20 | 1.31 | 1.11 | ||||||||
| NVIDIA Corp. | 2.11 | 2.03 | 1.92 | 2.25 | 3.66 | 4.89 | 5.34 | 4.42 | 3.16 | 2.95 | 2.76 | 4.56 | 8.59 | 6.11 | 6.62 | 6.44 | 6.60 | 5.58 | 4.72 | 5.43 | 6.60 | — | — | — | — | ||||||||
| ON Semiconductor Corp. | — | 1.14 | 1.07 | 1.06 | 1.05 | 1.42 | 1.39 | 1.05 | 1.05 | 0.88 | 0.96 | 0.75 | 0.60 | 0.65 | 0.92 | 1.17 | 1.14 | 0.49 | 0.46 | 0.70 | 0.71 | — | — | — | — | ||||||||
| Qualcomm Inc. | 1.31 | 1.18 | 1.02 | 0.85 | 0.82 | 0.54 | 0.58 | 0.86 | 0.92 | 1.04 | 1.13 | 1.27 | 1.33 | 1.29 | 1.34 | 1.02 | 1.24 | 1.37 | 1.32 | 0.98 | 0.98 | 1.08 | 2.22 | 3.13 | 2.94 | ||||||||
| Texas Instruments Inc. | 2.93 | 2.58 | 3.37 | 3.52 | 3.29 | 3.04 | 3.25 | 3.28 | 3.89 | 3.79 | 4.05 | 3.36 | 3.93 | 2.75 | 2.53 | 2.29 | 1.99 | 2.54 | 2.52 | 1.59 | 1.89 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26), 10-K (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-Q (reporting date: 2019-01-27), 10-K (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-Q (reporting date: 2018-01-28).
1 Q1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 7,492 ÷ 7,076 = 1.06
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. | Applied Materials Inc. cash ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |