Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Qualcomm Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-24), 10-Q (reporting date: 2018-03-25), 10-Q (reporting date: 2017-12-24).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Qualcomm Inc. current ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Qualcomm 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. | Qualcomm Inc. cash ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Current Ratio
Qualcomm Inc., current ratio calculation (quarterly data)
| Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jun 24, 2018 | Mar 25, 2018 | Dec 24, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Current assets | 23,439) | 22,464) | 20,476) | 19,073) | 21,098) | 20,724) | 18,999) | 21,610) | 20,222) | 20,075) | 19,693) | 18,299) | 19,792) | 18,519) | 15,558) | 15,313) | 16,205) | 16,765) | 19,204) | 16,324) | 16,294) | 17,384) | 44,318) | 45,544) | 40,966) | ||||||||
| Current liabilities | 9,169) | 9,628) | 8,463) | 7,866) | 10,081) | 11,866) | 11,829) | 13,432) | 12,273) | 11,951) | 11,460) | 9,070) | 9,223) | 8,672) | 7,914) | 9,774) | 9,194) | 8,935) | 10,853) | 10,517) | 10,556) | 11,236) | 16,212) | 12,660) | 12,027) | ||||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||||
| Current ratio1 | 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 | ||||||||
| 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 | — | — | — | — | ||||||||
| 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 | — | — | — | — | ||||||||
| 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: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-24), 10-Q (reporting date: 2018-03-25), 10-Q (reporting date: 2017-12-24).
1 Q1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 23,439 ÷ 9,169 = 2.56
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. | Qualcomm Inc. current ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
Quick Ratio
Qualcomm Inc., quick ratio calculation (quarterly data)
| Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jun 24, 2018 | Mar 25, 2018 | Dec 24, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Cash and cash equivalents | 8,133) | 8,450) | 6,087) | 3,488) | 4,808) | 2,773) | 2,676) | 7,173) | 6,607) | 7,116) | 7,399) | 6,000) | 7,076) | 6,707) | 6,120) | 8,403) | 11,109) | 11,839) | 13,923) | 10,135) | 10,066) | 11,777) | 35,619) | 37,946) | 33,362) | ||||||||
| Marketable securities | 3,921) | 2,874) | 2,544) | 3,188) | 3,430) | 3,609) | 4,172) | 4,373) | 4,703) | 5,298) | 5,508) | 5,526) | 5,222) | 4,507) | 4,480) | 1,543) | 314) | 421) | 435) | 195) | 249) | 311) | 291) | 1,625) | 2,041) | ||||||||
| Accounts receivable, net | 3,513) | 3,183) | 3,850) | 3,691) | 3,960) | 5,643) | 3,804) | 4,084) | 4,032) | 3,579) | 2,952) | 3,346) | 4,148) | 4,003) | 1,847) | 3,081) | 2,737) | 2,471) | 2,390) | 3,638) | 3,426) | 2,904) | 3,163) | 3,535) | 3,053) | ||||||||
| Total quick assets | 15,567) | 14,507) | 12,481) | 10,367) | 12,198) | 12,025) | 10,652) | 15,630) | 15,342) | 15,993) | 15,859) | 14,872) | 16,446) | 15,217) | 12,447) | 13,027) | 14,160) | 14,731) | 16,748) | 13,968) | 13,741) | 14,992) | 39,073) | 43,106) | 38,456) | ||||||||
| Current liabilities | 9,169) | 9,628) | 8,463) | 7,866) | 10,081) | 11,866) | 11,829) | 13,432) | 12,273) | 11,951) | 11,460) | 9,070) | 9,223) | 8,672) | 7,914) | 9,774) | 9,194) | 8,935) | 10,853) | 10,517) | 10,556) | 11,236) | 16,212) | 12,660) | 12,027) | ||||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||||
| Quick ratio1 | 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 | ||||||||
| 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 | — | — | — | — | ||||||||
| 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 | — | — | — | — | ||||||||
| 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: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-24), 10-Q (reporting date: 2018-03-25), 10-Q (reporting date: 2017-12-24).
1 Q1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 15,567 ÷ 9,169 = 1.70
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. | Qualcomm Inc. quick ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Cash Ratio
Qualcomm Inc., cash ratio calculation (quarterly data)
| Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jun 24, 2018 | Mar 25, 2018 | Dec 24, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Cash and cash equivalents | 8,133) | 8,450) | 6,087) | 3,488) | 4,808) | 2,773) | 2,676) | 7,173) | 6,607) | 7,116) | 7,399) | 6,000) | 7,076) | 6,707) | 6,120) | 8,403) | 11,109) | 11,839) | 13,923) | 10,135) | 10,066) | 11,777) | 35,619) | 37,946) | 33,362) | ||||||||
| Marketable securities | 3,921) | 2,874) | 2,544) | 3,188) | 3,430) | 3,609) | 4,172) | 4,373) | 4,703) | 5,298) | 5,508) | 5,526) | 5,222) | 4,507) | 4,480) | 1,543) | 314) | 421) | 435) | 195) | 249) | 311) | 291) | 1,625) | 2,041) | ||||||||
| Total cash assets | 12,054) | 11,324) | 8,631) | 6,676) | 8,238) | 6,382) | 6,848) | 11,546) | 11,310) | 12,414) | 12,907) | 11,526) | 12,298) | 11,214) | 10,600) | 9,946) | 11,423) | 12,260) | 14,358) | 10,330) | 10,315) | 12,088) | 35,910) | 39,571) | 35,403) | ||||||||
| Current liabilities | 9,169) | 9,628) | 8,463) | 7,866) | 10,081) | 11,866) | 11,829) | 13,432) | 12,273) | 11,951) | 11,460) | 9,070) | 9,223) | 8,672) | 7,914) | 9,774) | 9,194) | 8,935) | 10,853) | 10,517) | 10,556) | 11,236) | 16,212) | 12,660) | 12,027) | ||||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||||
| Cash ratio1 | 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 | ||||||||
| 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 | — | — | — | — | ||||||||
| 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 | — | — | — | — | ||||||||
| 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: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-24), 10-Q (reporting date: 2018-03-25), 10-Q (reporting date: 2017-12-24).
1 Q1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 12,054 ÷ 9,169 = 1.31
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. | Qualcomm Inc. cash ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |