Stock Analysis on Net
Stock Analysis on Net

NXP Semiconductors N.V. (NASDAQ:NXPI)

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Current Ratio 
since 2010

Microsoft Excel

Calculation

NXP Semiconductors N.V., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31), 20-F (reporting date: 2016-12-31), 20-F (reporting date: 2015-12-31), 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).

1 US$ in millions

Current assets
Current assets exhibited fluctuations over the observed period, starting at $2,136 million in 2010 and experiencing a slight decline through 2012. A notable increase occurred from 2014 onwards, peaking at $6,044 million in 2017. After 2017, the value declined sharply by 2019, dropping to $3,267 million, followed by a gradual recovery reaching $5,228 million in 2021. This pattern indicates periods of asset accumulation and liquidation or restructuring.
Current liabilities
Current liabilities demonstrated variability across the years, beginning at $1,748 million in 2010 and declining significantly in 2011 before rising again. From 2014, liabilities generally increased until peaking at $3,385 million in 2018, then falling sharply in 2019 to $1,791 million. A subsequent increase ensued through 2021, ending at $2,452 million. The fluctuations suggest changing levels of short-term obligations, potentially influenced by business cycles or financing decisions.
Current ratio
The current ratio, indicative of short-term liquidity, showed a generally positive trend throughout the period. Starting at 1.22 in 2010, it improved to 1.87 in 2011, fluctuated moderately in the following years, and reached a peak of 2.22 in both 2016 and 2017. After a dip to 1.54 in 2018, resilience was demonstrated as the ratio climbed again, stabilizing slightly above 2.10 by 2020 and 2021. This suggests an overall strengthening of the company's ability to cover short-term liabilities with current assets, despite some annual volatility.

Comparison to Competitors

NXP Semiconductors N.V., current ratio, long-term trends, comparison to competitors

Microsoft Excel
NXP Semiconductors N.V. Advanced Micro Devices Inc. Analog Devices Inc. Applied Materials Inc. Broadcom Inc. Intel Corp. KLA Corp. Lam Research Corp. Micron Technology Inc. NVIDIA Corp. Qualcomm Inc. Texas Instruments Inc.
Dec 31, 2021 2.13 2.02 1.94 2.54 2.64 2.10 2.71 3.30 3.10 4.09 1.68 5.33
Dec 31, 2020 2.14 2.54 1.84 3.00 1.87 1.91 2.78 3.43 2.71 7.67 2.14 4.28
Dec 31, 2019 1.82 1.95 1.32 2.30 1.44 1.40 2.44 3.61 2.58 7.94 1.88 4.13
Dec 31, 2018 1.54 1.78 1.50 2.64 3.90 1.73 3.73 2.90 2.79 8.03 1.55 3.27
Dec 31, 2017 2.22 1.76 1.47 3.14 6.26 1.69 3.40 3.10 2.34 4.77 4.00 3.87
Dec 31, 2016 2.22 1.88 6.35 2.30 2.31 1.75 3.86 3.81 1.96 2.57 3.14 3.29
Dec 31, 2015 1.89 1.65 3.66 2.44 3.37 2.58 3.90 2.38 2.20 6.38 3.62 2.77
Dec 31, 2014 2.00 1.90 5.38 2.47 3.77 1.73 5.12 3.02 2.13 5.95 3.73 2.92
Dec 31, 2013 1.75 1.78 9.59 2.31 4.30 2.36 5.05 2.70 2.16 4.89 3.75 2.92
Dec 31, 2012 1.31 1.62 8.94 2.25 4.89 2.43 4.83 3.09 2.57 4.20 2.95 2.40
Dec 31, 2011 1.87 1.82 8.35 3.71 3.98 2.15 4.17 4.79 2.35 3.42 2.70 2.24
Dec 31, 2010 1.22 2.15 5.41 2.34 1.92 3.39 3.67 3.14 2.34 3.16 2.22 3.56

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31), 20-F (reporting date: 2016-12-31), 20-F (reporting date: 2015-12-31), 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).

Comparison to Sector (Semiconductors & Semiconductor Equipment)

NXP Semiconductors N.V., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel
NXP Semiconductors N.V. Semiconductors & Semiconductor Equipment
Dec 31, 2021 2.13 2.47
Dec 31, 2020 2.14 2.47
Dec 31, 2019 1.82 2.04
Dec 31, 2018 1.54 2.31
Dec 31, 2017 2.22 2.90
Dec 31, 2016 2.22 2.38
Dec 31, 2015 1.89 2.82
Dec 31, 2014 2.00 2.58
Dec 31, 2013 1.75 2.87
Dec 31, 2012 1.31 2.76
Dec 31, 2011 1.87 2.67
Dec 31, 2010 1.22 2.89

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31), 20-F (reporting date: 2016-12-31), 20-F (reporting date: 2015-12-31), 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).

Comparison to Industry (Information Technology)

NXP Semiconductors N.V., current ratio, long-term trends, comparison to industry (information technology)

Microsoft Excel
NXP Semiconductors N.V. Information Technology
Dec 31, 2021 2.13 1.55
Dec 31, 2020 2.14 1.71
Dec 31, 2019 1.82 1.66
Dec 31, 2018 1.54 1.88
Dec 31, 2017 2.22 2.04
Dec 31, 2016 2.22 2.01
Dec 31, 2015 1.89 2.03
Dec 31, 2014 2.00 1.97
Dec 31, 2013 1.75 2.20
Dec 31, 2012 1.31 2.07
Dec 31, 2011 1.87 2.11
Dec 31, 2010 1.22 2.01

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31), 20-F (reporting date: 2016-12-31), 20-F (reporting date: 2015-12-31), 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).