Current Ratio
since 2005
Calculation
KLA Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Jun 30, 2025 | 2.62 | = | 10,698,789) | ÷ | 4,085,795) |
| Jun 30, 2024 | 2.15 | = | 10,031,144) | ÷ | 4,660,774) |
| Jun 30, 2023 | 2.24 | = | 8,372,032) | ÷ | 3,742,842) |
| Jun 30, 2022 | 2.50 | = | 7,168,911) | ÷ | 2,871,083) |
| Jun 30, 2021 | 2.71 | = | 5,696,248) | ÷ | 2,103,227) |
| Jun 30, 2020 | 2.78 | = | 4,723,545) | ÷ | 1,699,786) |
| Jun 30, 2019 | 2.44 | = | 4,315,075) | ÷ | 1,768,486) |
| Jun 30, 2018 | 3.73 | = | 4,549,000) | ÷ | 1,218,083) |
| Jun 30, 2017 | 3.40 | = | 4,392,066) | ÷ | 1,293,162) |
| Jun 30, 2016 | 3.86 | = | 3,868,032) | ÷ | 1,002,423) |
| Jun 30, 2015 | 3.90 | = | 3,904,576) | ÷ | 1,001,763) |
| Jun 30, 2014 | 5.12 | = | 4,586,830) | ÷ | 895,611) |
| Jun 30, 2013 | 5.05 | = | 4,351,503) | ÷ | 861,532) |
| Jun 30, 2012 | 4.83 | = | 4,164,043) | ÷ | 862,907) |
| Jun 30, 2011 | 4.17 | = | 3,676,010) | ÷ | 882,018) |
| Jun 30, 2010 | 3.67 | = | 2,835,465) | ÷ | 771,787) |
| Jun 30, 2009 | 4.25 | = | 2,398,617) | ÷ | 563,983) |
| Jun 30, 2008 | 3.19 | = | 3,035,764) | ÷ | 950,332) |
| Jun 30, 2007 | 3.03 | = | 3,252,771) | ÷ | 1,073,207) |
| Jun 30, 2006 | 3.53 | = | 3,543,243) | ÷ | 1,002,481) |
| Jun 30, 2005 | 3.44 | = | 3,202,645) | ÷ | 931,862) |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
1 US$ in thousands
- Current Assets
- The current assets demonstrate a general upward trend over the period analyzed. Beginning at approximately 3.2 billion USD in mid-2005, the figure shows moderate fluctuations in the first years, reaching a low near 2.4 billion USD around mid-2009. Subsequently, there is a distinct recovery and continuous growth, accelerating notably from 2016 onwards. By mid-2025, current assets nearly tripled compared to their early values, reaching over 10.6 billion USD. This indicates a strengthening liquidity position and an increasing volume of short-term resources over time.
- Current Liabilities
- Current liabilities also display an upward trajectory, although less steadily than current assets. From about 930 million USD in mid-2005, liabilities grew gradually with some dips, including a significant drop by mid-2009 to below 600 million USD, mirroring the asset dip in the same year. From there, liabilities rose sharply from 2016 onward, peaking near 4.7 billion USD by mid-2024 before dipping slightly below 4.1 billion USD in mid-2025. The increases, particularly in the later years, suggest higher short-term obligations that accompanied growth in assets.
- Current Ratio
- The current ratio, reflecting the ability to cover short-term liabilities with short-term assets, exhibits variability but follows a general declining trend despite the growth in absolute asset and liability values. It started at a very strong 3.44 in mid-2005, peaked above 5.0 around mid-2013 and 2014, indicating excellent short-term liquidity at that time, before a steady decline to approximately 2.15 by mid-2024. A slight improvement to 2.62 is seen by mid-2025. While the ratio remains comfortably above 1, the downward trend indicates that liabilities have increased at a faster rate than current assets in recent years, suggesting a relative decrease in liquidity strength.
Comparison to Competitors
KLA Corp., current ratio, long-term trends, comparison to competitors
| KLA Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 30, 2025 | 2.62 | — | — | — | — | — | 2.21 | — | 4.44 | — | — |
| Jun 30, 2024 | 2.15 | 2.62 | 1.84 | 2.51 | 1.17 | 1.33 | 2.97 | 2.64 | 4.17 | 2.40 | 4.12 |
| Jun 30, 2023 | 2.24 | 2.51 | 1.37 | 2.60 | 2.82 | 1.54 | 3.16 | 4.46 | 3.52 | 2.33 | 4.55 |
| Jun 30, 2022 | 2.50 | 2.36 | 2.02 | 2.16 | 2.62 | 1.57 | 2.69 | 2.89 | 6.65 | 1.75 | 4.70 |
| Jun 30, 2021 | 2.71 | 2.02 | 1.94 | 2.54 | 2.64 | 2.10 | 3.30 | 3.10 | 4.09 | 1.68 | 5.33 |
| Jun 30, 2020 | 2.78 | 2.54 | 1.84 | 3.00 | 1.87 | 1.91 | 3.43 | 2.71 | 7.67 | 2.14 | 4.28 |
| Jun 30, 2019 | 2.44 | 1.95 | 1.32 | 2.30 | 1.44 | 1.40 | 3.61 | 2.58 | 7.94 | 1.88 | 4.13 |
| Jun 30, 2018 | 3.73 | 1.78 | 1.50 | 2.64 | 3.90 | 1.73 | 2.90 | 2.79 | 8.03 | 1.55 | 3.27 |
| Jun 30, 2017 | 3.40 | 1.76 | 1.47 | 3.14 | 6.26 | 1.69 | 3.10 | 2.34 | 4.77 | 4.00 | 3.87 |
| Jun 30, 2016 | 3.86 | 1.88 | 6.35 | 2.30 | 2.31 | 1.75 | 3.81 | 1.96 | 2.57 | 3.14 | 3.29 |
| Jun 30, 2015 | 3.90 | 1.65 | 3.66 | 2.44 | 3.37 | 2.58 | 2.38 | 2.20 | 6.38 | 3.62 | 2.77 |
| Jun 30, 2014 | 5.12 | 1.90 | 5.38 | 2.47 | 3.77 | 1.73 | 3.02 | 2.13 | 5.95 | 3.73 | 2.92 |
| Jun 30, 2013 | 5.05 | 1.78 | 9.59 | 2.31 | 4.30 | 2.36 | 2.70 | 2.16 | 4.89 | 3.75 | 2.92 |
| Jun 30, 2012 | 4.83 | 1.62 | 8.94 | 2.25 | 4.89 | 2.43 | 3.09 | 2.57 | 4.20 | 2.95 | 2.40 |
| Jun 30, 2011 | 4.17 | 1.82 | 8.35 | 3.71 | 3.98 | 2.15 | 4.79 | 2.35 | 3.42 | 2.70 | 2.24 |
| Jun 30, 2010 | 3.67 | 2.15 | 5.41 | 2.34 | 1.92 | 3.39 | 3.14 | 2.34 | 3.16 | 2.22 | 3.56 |
| Jun 30, 2009 | 4.25 | 1.93 | 6.44 | 2.93 | 1.36 | 2.79 | 3.51 | 1.77 | 2.78 | 4.47 | 3.85 |
| Jun 30, 2008 | 3.19 | 1.07 | 3.67 | 2.26 | — | 2.54 | 3.01 | 2.36 | 2.99 | 5.12 | 3.78 |
| Jun 30, 2007 | 3.03 | 1.45 | 3.61 | 2.78 | — | 2.79 | 2.11 | 2.58 | 3.18 | 3.91 | 3.42 |
| Jun 30, 2006 | 3.53 | 1.39 | 6.13 | 2.50 | — | 2.15 | 3.01 | 3.07 | 3.53 | 4.96 | 3.78 |
| Jun 30, 2005 | 3.44 | 1.95 | 4.56 | 5.35 | — | 2.30 | 3.28 | 2.99 | 3.10 | 7.28 | 3.92 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
KLA Corp., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| KLA Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Jun 30, 2025 | 2.62 | — |
| Jun 30, 2024 | 2.15 | 2.14 |
| Jun 30, 2023 | 2.24 | 2.45 |
| Jun 30, 2022 | 2.50 | 2.34 |
| Jun 30, 2021 | 2.71 | 2.47 |
| Jun 30, 2020 | 2.78 | 2.47 |
| Jun 30, 2019 | 2.44 | 2.04 |
| Jun 30, 2018 | 3.73 | 2.31 |
| Jun 30, 2017 | 3.40 | 2.90 |
| Jun 30, 2016 | 3.86 | 2.38 |
| Jun 30, 2015 | 3.90 | 2.82 |
| Jun 30, 2014 | 5.12 | 2.58 |
| Jun 30, 2013 | 5.05 | 2.87 |
| Jun 30, 2012 | 4.83 | 2.76 |
| Jun 30, 2011 | 4.17 | 2.67 |
| Jun 30, 2010 | 3.67 | 2.89 |
| Jun 30, 2009 | 4.25 | 3.00 |
| Jun 30, 2008 | 3.19 | 2.79 |
| Jun 30, 2007 | 3.03 | 2.80 |
| Jun 30, 2006 | 3.53 | 2.71 |
| Jun 30, 2005 | 3.44 | 3.22 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Industry (Information Technology)
KLA Corp., current ratio, long-term trends, comparison to industry (information technology)
| KLA Corp. | Information Technology | |
|---|---|---|
| Jun 30, 2025 | 2.62 | — |
| Jun 30, 2024 | 2.15 | 1.24 |
| Jun 30, 2023 | 2.24 | 1.41 |
| Jun 30, 2022 | 2.50 | 1.37 |
| Jun 30, 2021 | 2.71 | 1.55 |
| Jun 30, 2020 | 2.78 | 1.71 |
| Jun 30, 2019 | 2.44 | 1.66 |
| Jun 30, 2018 | 3.73 | 1.88 |
| Jun 30, 2017 | 3.40 | 2.04 |
| Jun 30, 2016 | 3.86 | 2.01 |
| Jun 30, 2015 | 3.90 | 2.03 |
| Jun 30, 2014 | 5.12 | 1.97 |
| Jun 30, 2013 | 5.05 | 2.20 |
| Jun 30, 2012 | 4.83 | 2.07 |
| Jun 30, 2011 | 4.17 | 2.11 |
| Jun 30, 2010 | 3.67 | 2.01 |
| Jun 30, 2009 | 4.25 | 2.03 |
| Jun 30, 2008 | 3.19 | 1.80 |
| Jun 30, 2007 | 3.03 | 1.78 |
| Jun 30, 2006 | 3.53 | 1.85 |
| Jun 30, 2005 | 3.44 | 2.01 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).