Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Intel Corp., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2026-09-26), 10-Q (reporting date: 2026-06-27), 10-Q (reporting date: 2026-03-28), 10-K (reporting date: 2025-12-27), 10-Q (reporting date: 2025-09-27), 10-Q (reporting date: 2025-06-28), 10-Q (reporting date: 2025-03-29), 10-K (reporting date: 2024-12-28), 10-Q (reporting date: 2024-09-28), 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02).
The liquidity profile exhibits a distinct cyclical pattern characterized by a prolonged contraction phase from April 2022 through June 2025, followed by a period of significant recovery and volatility through September 2026.
- Current Ratio
- A gradual downward trend is observed from a peak of 2.13 in April 2022, reaching a low of 1.24 by June 2025. This decline indicates a narrowing margin of safety for covering short-term obligations. A sharp reversal occurred in the latter half of 2025 and early 2026, with the ratio climbing to a high of 2.31 in March 2026 before ending the period at 2.21 in September 2026.
- Quick Ratio
- The quick ratio shows a more pronounced contraction, falling from 1.56 in April 2022 to a minimum of 0.67 in June 2025. The ratio remained consistently below the 1.0 threshold for much of 2024 and early 2025, signaling a period of tightened immediate liquidity where liquid assets were insufficient to cover current liabilities. A strong recovery followed, with the ratio returning to 1.55 by September 2026.
- Cash Ratio
- The cash ratio closely mirrors the trajectory of the quick ratio, decreasing from 1.32 in April 2022 to a low of 0.61 in June 2025. The subsequent recovery was substantial, with the ratio ascending to 1.44 by September 2026. The high correlation between the cash and quick ratios suggests that the overall liquidity fluctuations were primarily driven by changes in cash and cash equivalents rather than other liquid assets such as receivables.
Overall, the period from early 2022 to mid-2025 was marked by a steady erosion of liquidity across all measured metrics. However, the strong rebound observed in 2026 indicates a significant restoration of the company's short-term financial position.
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Current Ratio
Intel Corp., current ratio calculation (quarterly data)
| Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||
| Current assets | 82,574) | 57,213) | 62,157) | 63,688) | 51,731) | 43,375) | 42,134) | 47,324) | 46,137) | 50,829) | 42,608) | 43,269) | 43,811) | 43,356) | 48,314) | 50,407) | 49,263) | 50,588) | 62,568) | ||||||
| Current liabilities | 37,396) | 35,670) | 26,885) | 31,575) | 32,297) | 34,966) | 32,174) | 35,666) | 35,159) | 32,027) | 27,213) | 28,053) | 28,614) | 27,180) | 27,393) | 32,155) | 27,813) | 27,218) | 29,322) | ||||||
| Liquidity Ratio | |||||||||||||||||||||||||
| Current ratio1 | 2.21 | 1.60 | 2.31 | 2.02 | 1.60 | 1.24 | 1.31 | 1.33 | 1.31 | 1.59 | 1.57 | 1.54 | 1.53 | 1.60 | 1.76 | 1.57 | 1.77 | 1.86 | 2.13 | ||||||
| Benchmarks | |||||||||||||||||||||||||
| Current Ratio, Competitors2 | |||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 2.61 | 2.72 | 2.85 | 2.31 | 2.49 | 2.80 | 2.62 | 2.50 | 2.82 | 2.64 | 2.51 | 2.19 | 2.18 | 2.38 | 2.36 | 2.16 | 2.44 | 2.40 | ||||||
| Analog Devices Inc. | 1.25 | 1.75 | 1.76 | 2.19 | 2.32 | 2.08 | 1.93 | 1.84 | 1.69 | 1.58 | 1.51 | 1.37 | 1.71 | 1.79 | 2.12 | 2.02 | 1.92 | 1.99 | 2.09 | ||||||
| Applied Materials Inc. | 2.42 | 2.51 | 2.71 | 2.61 | 2.50 | 2.46 | 2.68 | 2.51 | 2.86 | 2.80 | 2.71 | 2.60 | 2.30 | 2.26 | 2.31 | 2.16 | 2.26 | 2.29 | 2.51 | ||||||
| Broadcom Inc. | 2.50 | 2.24 | 1.90 | 1.71 | 1.50 | 1.08 | 1.00 | 1.17 | 1.04 | 1.25 | 1.33 | 2.82 | 2.50 | 2.38 | 2.52 | 2.62 | 2.32 | 2.14 | 2.44 | ||||||
| KLA Corp. | 3.03 | 2.83 | 2.69 | 2.62 | 2.54 | 2.36 | 2.13 | 2.15 | 2.14 | 1.91 | 2.21 | 2.24 | 2.35 | 2.34 | 2.43 | 2.50 | 2.33 | 2.41 | 2.44 | ||||||
| Lam Research Corp. | 2.54 | 2.26 | 2.21 | 2.21 | 2.45 | 2.54 | 2.53 | 2.97 | 2.82 | 3.06 | 3.06 | 3.16 | 3.09 | 3.01 | 2.69 | 2.69 | 2.83 | 3.13 | 3.27 | ||||||
| Marvell Technology Inc. | 2.01 | 1.88 | 1.30 | 1.54 | 1.60 | 1.79 | 1.80 | 1.69 | 1.58 | 1.03 | 1.05 | 1.37 | 1.31 | 1.35 | 1.67 | 1.80 | 1.81 | 1.76 | 1.63 | ||||||
| Micron Technology Inc. | 3.42 | 2.90 | 2.46 | 2.52 | 2.75 | 3.13 | 2.72 | 2.64 | 3.41 | 3.74 | 3.53 | 4.46 | 4.26 | 4.17 | 3.51 | 2.89 | 3.24 | 3.11 | 3.10 | ||||||
| NVIDIA Corp. | 4.47 | 4.21 | 3.39 | 4.44 | 4.10 | 4.27 | 3.53 | 4.17 | 3.59 | 2.79 | 3.43 | 3.52 | 3.39 | 3.62 | 5.32 | 6.65 | 7.14 | 5.80 | 4.53 | ||||||
| Qualcomm Inc. | 2.02 | 2.37 | 2.51 | 2.82 | 3.19 | 2.73 | 2.62 | 2.40 | 2.39 | 2.65 | 2.56 | 2.33 | 2.42 | 2.42 | 2.09 | 1.75 | 1.61 | 1.61 | 1.65 | ||||||
| Texas Instruments Inc. | 5.59 | 4.86 | 4.46 | 4.35 | 4.45 | 5.81 | 5.26 | 4.12 | 4.31 | 4.62 | 4.91 | 4.55 | 5.69 | 5.72 | 5.17 | 4.70 | 4.92 | 5.09 | 5.54 | ||||||
Based on: 10-Q (reporting date: 2026-09-26), 10-Q (reporting date: 2026-06-27), 10-Q (reporting date: 2026-03-28), 10-K (reporting date: 2025-12-27), 10-Q (reporting date: 2025-09-27), 10-Q (reporting date: 2025-06-28), 10-Q (reporting date: 2025-03-29), 10-K (reporting date: 2024-12-28), 10-Q (reporting date: 2024-09-28), 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02).
1 Q3 2026 Calculation
Current ratio = Current assets ÷ Current liabilities
= 82,574 ÷ 37,396 = 2.21
2 Click competitor name to see calculations.
The liquidity position demonstrates a cyclical pattern of contraction followed by a substantial recovery between April 2022 and September 2026. The current ratio, which measures the ability to cover short-term obligations with short-term assets, reflects significant fluctuations in asset management and liability levels over this period.
- Initial Liquidity Decline (2022 – Early 2023)
- A consistent downward trend is observed from April 2022 to December 2022, where the current ratio fell from 2.13 to 1.57. This decline was primarily driven by a reduction in current assets, which decreased from 62,568 million USD to 50,407 million USD, while current liabilities remained relatively stable.
- Period of Stabilization and Troughs (2023 – Mid 2025)
- Throughout 2023 and the first half of 2025, the current ratio remained suppressed, fluctuating between 1.53 and 1.76 before reaching a minimum of 1.24 in June 2025. During this interval, current assets generally trended lower, dipping to a low of 42,134 million USD in December 2023, while current liabilities increased from 27,218 million USD in July 2022 to a peak of 35,666 million USD in December 2024.
- Liquidity Recovery and Asset Expansion (Late 2025 – 2026)
- A sharp reversal in the liquidity trend occurred in the latter half of 2025. The current ratio climbed to 2.02 by December 2025 and reached a peak of 2.31 in March 2026. This recovery is directly correlated with a significant expansion of current assets, which surged to 82,574 million USD by September 2026. Despite a temporary dip in the ratio in June 2026, the period ended with a strong liquidity position of 2.21.
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Quick Ratio
Intel Corp., quick ratio calculation (quarterly data)
| Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||
| Cash and cash equivalents | 21,846) | 12,874) | 17,247) | 14,265) | 11,141) | 9,643) | 8,947) | 8,249) | 8,785) | 11,287) | 6,923) | 7,079) | 7,621) | 8,349) | 8,232) | 11,144) | 4,529) | 4,390) | 6,215) | ||||||
| Short-term investments | 32,159) | 16,853) | 15,542) | 23,151) | 19,794) | 11,563) | 12,101) | 13,813) | 15,301) | 17,986) | 14,388) | 17,955) | 17,409) | 15,908) | 19,302) | 17,194) | 18,030) | 22,654) | 32,481) | ||||||
| Accounts receivable, net | 4,093) | 4,033) | 4,066) | 3,839) | 3,202) | 2,360) | 3,064) | 3,478) | 3,121) | 3,131) | 3,323) | 3,402) | 2,843) | 2,996) | 3,847) | 4,133) | 7,469) | 6,063) | 7,074) | ||||||
| Total quick assets | 58,098) | 33,760) | 36,855) | 41,255) | 34,137) | 23,566) | 24,112) | 25,540) | 27,207) | 32,404) | 24,634) | 28,436) | 27,873) | 27,253) | 31,381) | 32,471) | 30,028) | 33,107) | 45,770) | ||||||
| Current liabilities | 37,396) | 35,670) | 26,885) | 31,575) | 32,297) | 34,966) | 32,174) | 35,666) | 35,159) | 32,027) | 27,213) | 28,053) | 28,614) | 27,180) | 27,393) | 32,155) | 27,813) | 27,218) | 29,322) | ||||||
| Liquidity Ratio | |||||||||||||||||||||||||
| Quick ratio1 | 1.55 | 0.95 | 1.37 | 1.31 | 1.06 | 0.67 | 0.75 | 0.72 | 0.77 | 1.01 | 0.91 | 1.01 | 0.97 | 1.00 | 1.15 | 1.01 | 1.08 | 1.22 | 1.56 | ||||||
| Benchmarks | |||||||||||||||||||||||||
| Quick Ratio, Competitors2 | |||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 1.69 | 1.75 | 1.78 | 1.15 | 1.12 | 1.66 | 1.56 | 1.57 | 1.79 | 1.71 | 1.67 | 1.42 | 1.40 | 1.52 | 1.57 | 1.48 | 1.82 | 1.83 | ||||||
| Analog Devices Inc. | 0.83 | 1.23 | 1.25 | 1.57 | 1.69 | 1.40 | 1.32 | 1.24 | 1.14 | 1.02 | 0.86 | 0.76 | 0.98 | 1.06 | 1.36 | 1.34 | 1.34 | 1.44 | 1.54 | ||||||
| Applied Materials Inc. | 1.63 | 1.62 | 1.74 | 1.72 | 1.62 | 1.62 | 1.84 | 1.74 | 1.95 | 1.79 | 1.72 | 1.63 | 1.43 | 1.35 | 1.30 | 1.17 | 1.24 | 1.32 | 1.62 | ||||||
| Broadcom Inc. | 1.81 | 1.61 | 1.34 | 1.26 | 1.03 | 0.73 | 0.68 | 0.82 | 0.76 | 0.76 | 0.83 | 2.34 | 2.04 | 1.94 | 2.12 | 2.18 | 1.89 | 1.75 | 2.03 | ||||||
| KLA Corp. | 1.94 | 1.83 | 1.72 | 1.65 | 1.58 | 1.48 | 1.37 | 1.36 | 1.33 | 1.13 | 1.30 | 1.33 | 1.41 | 1.48 | 1.53 | 1.57 | 1.48 | 1.63 | 1.62 | ||||||
| Lam Research Corp. | 1.69 | 1.56 | 1.54 | 1.49 | 1.58 | 1.68 | 1.69 | 1.93 | 1.78 | 1.95 | 1.87 | 1.95 | 1.93 | 1.88 | 1.75 | 1.72 | 1.88 | 2.20 | 2.18 | ||||||
| Marvell Technology Inc. | 1.56 | 1.12 | 0.69 | 0.98 | 1.06 | 1.21 | 1.18 | 1.14 | 1.03 | 0.61 | 0.66 | 0.88 | 0.87 | 0.89 | 1.07 | 1.20 | 1.21 | 1.24 | 1.05 | ||||||
| Micron Technology Inc. | 2.93 | 2.23 | 1.70 | 1.71 | 1.80 | 1.87 | 1.67 | 1.59 | 1.98 | 2.13 | 2.01 | 2.53 | 2.50 | 2.49 | 2.13 | 1.92 | 2.35 | 2.24 | 2.28 | ||||||
| NVIDIA Corp. | 3.60 | 3.49 | 2.86 | 3.67 | 3.41 | 3.50 | 2.88 | 3.38 | 2.92 | 2.23 | 2.67 | 2.61 | 2.63 | 2.95 | 4.63 | 5.96 | 6.44 | 5.22 | 3.92 | ||||||
| Qualcomm Inc. | 1.14 | 1.45 | 1.63 | 1.84 | 2.02 | 1.84 | 1.79 | 1.64 | 1.64 | 1.85 | 1.70 | 1.51 | 1.47 | 1.32 | 1.21 | 1.01 | 0.90 | 1.16 | 1.25 | ||||||
| Texas Instruments Inc. | 3.57 | 2.93 | 2.37 | 2.17 | 2.32 | 2.93 | 2.76 | 2.55 | 2.88 | 3.13 | 3.40 | 3.12 | 4.12 | 4.24 | 3.93 | 3.67 | 3.98 | 4.13 | 4.60 | ||||||
Based on: 10-Q (reporting date: 2026-09-26), 10-Q (reporting date: 2026-06-27), 10-Q (reporting date: 2026-03-28), 10-K (reporting date: 2025-12-27), 10-Q (reporting date: 2025-09-27), 10-Q (reporting date: 2025-06-28), 10-Q (reporting date: 2025-03-29), 10-K (reporting date: 2024-12-28), 10-Q (reporting date: 2024-09-28), 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02).
1 Q3 2026 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 58,098 ÷ 37,396 = 1.55
2 Click competitor name to see calculations.
The analysis of the quick ratio reveals a period of significant volatility in short-term liquidity, characterized by a prolonged decline, a critical trough, and a subsequent recovery phase.
- Initial Liquidity Decline (2022–2024)
- A consistent downward trend is observed from April 2022 to March 2024, with the quick ratio falling from 1.56 to 0.91. This deterioration was primarily driven by a substantial reduction in total quick assets, which decreased from $45,770 million to $24,634 million during this timeframe, while current liabilities remained relatively stable between $27,000 million and $32,000 million.
- Liquidity Stress Period (2024–2025)
- The most constrained liquidity position occurred between September 2024 and June 2025. The quick ratio dropped to its lowest point of 0.67 in June 2025. During this interval, current liabilities peaked at $35,666 million in December 2024, coinciding with a period where quick assets were insufficient to cover short-term obligations, signaling a heightened reliance on other current assets or external financing to meet immediate liabilities.
- Recovery and Asset Expansion (2025–2026)
- A strong recovery began in September 2025, as the quick ratio ascended back above the 1.0 threshold. By March 2026, the ratio reached 1.37, supported by a significant increase in total quick assets. Although a brief dip to 0.95 occurred in June 2026, the period concluded with a sharp increase to 1.55 by September 2026, driven by total quick assets reaching a period high of $58,098 million.
Overall, the liquidity profile transitioned from a strong position to a deficit state before recovering to a level exceeding the initial 2022 baseline. The volatility was predominantly influenced by fluctuations in quick asset levels rather than significant shifts in the structure of current liabilities.
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Cash Ratio
Intel Corp., cash ratio calculation (quarterly data)
| Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||
| Cash and cash equivalents | 21,846) | 12,874) | 17,247) | 14,265) | 11,141) | 9,643) | 8,947) | 8,249) | 8,785) | 11,287) | 6,923) | 7,079) | 7,621) | 8,349) | 8,232) | 11,144) | 4,529) | 4,390) | 6,215) | ||||||
| Short-term investments | 32,159) | 16,853) | 15,542) | 23,151) | 19,794) | 11,563) | 12,101) | 13,813) | 15,301) | 17,986) | 14,388) | 17,955) | 17,409) | 15,908) | 19,302) | 17,194) | 18,030) | 22,654) | 32,481) | ||||||
| Total cash assets | 54,005) | 29,727) | 32,789) | 37,416) | 30,935) | 21,206) | 21,048) | 22,062) | 24,086) | 29,273) | 21,311) | 25,034) | 25,030) | 24,257) | 27,534) | 28,338) | 22,559) | 27,044) | 38,696) | ||||||
| Current liabilities | 37,396) | 35,670) | 26,885) | 31,575) | 32,297) | 34,966) | 32,174) | 35,666) | 35,159) | 32,027) | 27,213) | 28,053) | 28,614) | 27,180) | 27,393) | 32,155) | 27,813) | 27,218) | 29,322) | ||||||
| Liquidity Ratio | |||||||||||||||||||||||||
| Cash ratio1 | 1.44 | 0.83 | 1.22 | 1.18 | 0.96 | 0.61 | 0.65 | 0.62 | 0.69 | 0.91 | 0.78 | 0.89 | 0.87 | 0.89 | 1.01 | 0.88 | 0.81 | 0.99 | 1.32 | ||||||
| Benchmarks | |||||||||||||||||||||||||
| Cash Ratio, Competitors2 | |||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 1.09 | 1.18 | 1.12 | 0.62 | 0.60 | 0.95 | 0.70 | 0.61 | 0.86 | 0.93 | 0.86 | 0.76 | 0.83 | 0.90 | 0.92 | 0.84 | 1.08 | 1.17 | ||||||
| Analog Devices Inc. | 0.41 | 0.77 | 0.93 | 1.13 | 1.16 | 0.88 | 0.92 | 0.79 | 0.79 | 0.72 | 0.45 | 0.30 | 0.41 | 0.44 | 0.69 | 0.60 | 0.62 | 0.75 | 0.81 | ||||||
| Applied Materials Inc. | 0.89 | 0.92 | 1.10 | 1.07 | 0.89 | 0.84 | 1.06 | 1.12 | 1.26 | 1.10 | 1.06 | 0.93 | 0.79 | 0.65 | 0.56 | 0.35 | 0.52 | 0.59 | 0.92 | ||||||
| Broadcom Inc. | 1.15 | 1.04 | 0.84 | 0.87 | 0.64 | 0.46 | 0.45 | 0.56 | 0.52 | 0.49 | 0.58 | 1.92 | 1.64 | 1.54 | 1.69 | 1.76 | 1.49 | 1.30 | 1.63 | ||||||
| KLA Corp. | 1.32 | 1.31 | 1.16 | 1.10 | 1.03 | 0.91 | 0.96 | 0.97 | 0.96 | 0.73 | 0.88 | 0.87 | 0.85 | 0.82 | 0.94 | 0.94 | 0.91 | 1.01 | 1.04 | ||||||
| Lam Research Corp. | 0.91 | 0.99 | 1.00 | 0.97 | 0.99 | 1.06 | 1.14 | 1.35 | 1.28 | 1.32 | 1.21 | 1.28 | 1.19 | 0.99 | 0.84 | 0.77 | 1.00 | 1.32 | 1.19 | ||||||
| Marvell Technology Inc. | 0.99 | 0.51 | 0.30 | 0.47 | 0.49 | 0.52 | 0.58 | 0.52 | 0.39 | 0.16 | 0.34 | 0.38 | 0.30 | 0.29 | 0.30 | 0.44 | 0.42 | 0.52 | 0.45 | ||||||
| Micron Technology Inc. | 1.34 | 1.02 | 0.86 | 0.90 | 1.07 | 1.04 | 0.84 | 0.88 | 1.23 | 1.44 | 1.52 | 2.01 | 2.03 | 2.06 | 1.62 | 1.24 | 1.46 | 1.46 | 1.47 | ||||||
| NVIDIA Corp. | 2.32 | 2.34 | 2.02 | 2.39 | 2.34 | 2.49 | 2.07 | 2.44 | 2.01 | 1.55 | 2.11 | 2.03 | 1.92 | 2.25 | 3.66 | 4.89 | 5.34 | 4.42 | 3.16 | ||||||
| Qualcomm Inc. | 0.73 | 1.00 | 1.20 | 1.36 | 1.58 | 1.45 | 1.44 | 1.27 | 1.34 | 1.51 | 1.31 | 1.18 | 1.02 | 0.85 | 0.82 | 0.54 | 0.58 | 0.86 | 0.92 | ||||||
| Texas Instruments Inc. | 2.70 | 2.16 | 1.65 | 1.55 | 1.66 | 2.15 | 2.01 | 2.08 | 2.37 | 2.66 | 2.93 | 2.58 | 3.37 | 3.52 | 3.29 | 3.04 | 3.25 | 3.28 | 3.89 | ||||||
Based on: 10-Q (reporting date: 2026-09-26), 10-Q (reporting date: 2026-06-27), 10-Q (reporting date: 2026-03-28), 10-K (reporting date: 2025-12-27), 10-Q (reporting date: 2025-09-27), 10-Q (reporting date: 2025-06-28), 10-Q (reporting date: 2025-03-29), 10-K (reporting date: 2024-12-28), 10-Q (reporting date: 2024-09-28), 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02).
1 Q3 2026 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 54,005 ÷ 37,396 = 1.44
2 Click competitor name to see calculations.
The liquidity position of the organization exhibited significant volatility between April 2022 and September 2026, characterized by a prolonged period of decline followed by a sharp recovery in the final quarters of the observed period.
- Total Cash Assets Trend
- Cash reserves experienced a general downward trajectory from a peak of 38,696 million USD in April 2022, reaching a low of 21,048 million USD by March 2025. This contraction reflects a period of reduced immediate liquidity. However, a substantial reversal occurred starting in September 2025, with cash assets climbing rapidly to end at a period high of 54,005 million USD in September 2026.
- Current Liabilities Movement
- Short-term obligations remained relatively stable compared to cash assets, though a gradual increase is noted. Liabilities rose from 29,322 million USD in April 2022 to a peak of 35,666 million USD in December 2024. While there were periodic fluctuations, the liabilities generally trended upward until September 2026, where they stood at 37,396 million USD.
- Cash Ratio Analysis
- The cash ratio, serving as a measure of immediate solvency, declined from 1.32 in April 2022 to a trough of 0.61 in June 2025. During the period between July 2022 and June 2025, the ratio frequently remained below 1.0, indicating that cash assets alone were insufficient to cover all current liabilities. A strong recovery began in the second half of 2025, with the ratio surpassing 1.0 by December 2025. The period concluded with a sharp increase to 1.44 in September 2026, the highest level recorded in the analyzed timeframe.
The overall analysis indicates a cyclical liquidity pattern. The organization transitioned from a strong liquidity position into a phase of constrained cash availability relative to short-term debt, ultimately concluding the period with a significantly strengthened cash position that exceeds the requirements of its current liabilities.
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