Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
KLA Corp., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | KLA Corp. current ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | KLA Corp. quick ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | KLA Corp. cash ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024. |
Current Ratio
KLA Corp., current ratio calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Current assets | 8,748,721) | 8,430,791) | 8,372,032) | 8,018,750) | 8,132,582) | 7,643,939) | 7,168,911) | 6,582,717) | 6,701,475) | 6,144,672) | 5,696,248) | 5,405,165) | 5,222,954) | 4,754,699) | 4,723,545) | 4,318,465) | 4,377,443) | 4,355,749) | 4,315,075) | 4,442,628) | 4,485,514) | 4,521,044) | 4,549,000) | 4,540,514) | 4,353,993) | 4,559,496) | ||||||||
| Current liabilities | 4,570,997) | 3,817,743) | 3,742,842) | 3,418,521) | 3,482,501) | 3,139,364) | 2,871,083) | 2,828,983) | 2,776,098) | 2,523,010) | 2,103,227) | 2,029,466) | 2,020,112) | 1,748,828) | 1,699,786) | 1,653,274) | 1,718,243) | 1,943,447) | 1,768,486) | 1,700,856) | 1,482,538) | 1,310,930) | 1,218,083) | 1,200,435) | 1,166,548) | 1,466,040) | ||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||||||||
| Current ratio1 | 1.91 | 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 | ||||||||
| 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 | ||||||||
| Applied Materials Inc. | — | 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 | ||||||||
| 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 | — | — | — | — | ||||||||
| Lam Research Corp. | 3.06 | 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. | 3.74 | 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. | 2.79 | 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: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Q2 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 8,748,721 ÷ 4,570,997 = 1.91
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. | KLA Corp. current ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Quick Ratio
KLA Corp., quick ratio calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Cash and cash equivalents | 1,665,054) | 1,711,570) | 1,927,865) | 1,568,513) | 1,571,477) | 1,819,280) | 1,584,908) | 1,415,172) | 1,657,057) | 1,509,564) | 1,434,610) | 1,452,150) | 1,431,466) | 1,215,820) | 1,234,409) | 946,175) | 939,864) | 988,348) | 1,015,994) | 1,092,163) | 1,793,982) | 1,649,514) | 1,404,382) | 1,255,682) | 1,073,394) | 1,320,697) | ||||||||
| Marketable securities | 1,677,940) | 1,637,751) | 1,315,294) | 1,321,696) | 1,294,873) | 1,134,240) | 1,123,100) | 1,162,724) | 1,153,404) | 1,115,249) | 1,059,912) | 990,575) | 865,064) | 827,633) | 746,063) | 688,356) | 737,658) | 763,174) | 723,391) | 805,105) | 900,112) | 1,130,794) | 1,475,936) | 1,634,300) | 1,684,796) | 1,735,787) | ||||||||
| Accounts receivable, net | 1,843,878) | 1,630,746) | 1,753,361) | 1,940,067) | 2,282,925) | 1,857,320) | 1,811,877) | 1,618,867) | 1,728,376) | 1,463,974) | 1,305,479) | 1,201,991) | 1,219,189) | 1,028,883) | 1,107,413) | 1,119,263) | 1,191,035) | 1,066,188) | 990,113) | 958,021) | 658,080) | 602,210) | 651,678) | 660,455) | 740,903) | 666,738) | ||||||||
| Total quick assets | 5,186,872) | 4,980,067) | 4,996,520) | 4,830,276) | 5,149,275) | 4,810,840) | 4,519,885) | 4,196,763) | 4,538,837) | 4,088,787) | 3,800,001) | 3,644,716) | 3,515,719) | 3,072,336) | 3,087,885) | 2,753,794) | 2,868,557) | 2,817,710) | 2,729,498) | 2,855,289) | 3,352,174) | 3,382,518) | 3,531,996) | 3,550,437) | 3,499,093) | 3,723,222) | ||||||||
| Current liabilities | 4,570,997) | 3,817,743) | 3,742,842) | 3,418,521) | 3,482,501) | 3,139,364) | 2,871,083) | 2,828,983) | 2,776,098) | 2,523,010) | 2,103,227) | 2,029,466) | 2,020,112) | 1,748,828) | 1,699,786) | 1,653,274) | 1,718,243) | 1,943,447) | 1,768,486) | 1,700,856) | 1,482,538) | 1,310,930) | 1,218,083) | 1,200,435) | 1,166,548) | 1,466,040) | ||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||||||||
| Quick ratio1 | 1.13 | 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 | ||||||||
| 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 | ||||||||
| Applied Materials Inc. | — | 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 | ||||||||
| 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 | — | — | — | — | ||||||||
| Lam Research Corp. | 1.95 | 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. | 2.13 | 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. | 2.23 | 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: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Q2 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,186,872 ÷ 4,570,997 = 1.13
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. | KLA Corp. quick ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Cash Ratio
KLA Corp., cash ratio calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Cash and cash equivalents | 1,665,054) | 1,711,570) | 1,927,865) | 1,568,513) | 1,571,477) | 1,819,280) | 1,584,908) | 1,415,172) | 1,657,057) | 1,509,564) | 1,434,610) | 1,452,150) | 1,431,466) | 1,215,820) | 1,234,409) | 946,175) | 939,864) | 988,348) | 1,015,994) | 1,092,163) | 1,793,982) | 1,649,514) | 1,404,382) | 1,255,682) | 1,073,394) | 1,320,697) | ||||||||
| Marketable securities | 1,677,940) | 1,637,751) | 1,315,294) | 1,321,696) | 1,294,873) | 1,134,240) | 1,123,100) | 1,162,724) | 1,153,404) | 1,115,249) | 1,059,912) | 990,575) | 865,064) | 827,633) | 746,063) | 688,356) | 737,658) | 763,174) | 723,391) | 805,105) | 900,112) | 1,130,794) | 1,475,936) | 1,634,300) | 1,684,796) | 1,735,787) | ||||||||
| Total cash assets | 3,342,994) | 3,349,321) | 3,243,159) | 2,890,209) | 2,866,350) | 2,953,520) | 2,708,008) | 2,577,896) | 2,810,461) | 2,624,813) | 2,494,522) | 2,442,725) | 2,296,530) | 2,043,453) | 1,980,472) | 1,634,531) | 1,677,522) | 1,751,522) | 1,739,385) | 1,897,268) | 2,694,094) | 2,780,308) | 2,880,318) | 2,889,982) | 2,758,190) | 3,056,484) | ||||||||
| Current liabilities | 4,570,997) | 3,817,743) | 3,742,842) | 3,418,521) | 3,482,501) | 3,139,364) | 2,871,083) | 2,828,983) | 2,776,098) | 2,523,010) | 2,103,227) | 2,029,466) | 2,020,112) | 1,748,828) | 1,699,786) | 1,653,274) | 1,718,243) | 1,943,447) | 1,768,486) | 1,700,856) | 1,482,538) | 1,310,930) | 1,218,083) | 1,200,435) | 1,166,548) | 1,466,040) | ||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||||||||
| Cash ratio1 | 0.73 | 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 | ||||||||
| 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 | ||||||||
| Applied Materials Inc. | — | 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 | ||||||||
| 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 | — | — | — | — | ||||||||
| Lam Research Corp. | 1.32 | 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. | 1.44 | 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. | 1.55 | 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: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Q2 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,342,994 ÷ 4,570,997 = 0.73
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. | KLA Corp. cash ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024. |