Current Ratio
since 2007
Calculation
Super Micro Computer Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Jun 30, 2026 | 3.87 | = | 27,726,252) | ÷ | 7,160,106) |
| Jun 30, 2025 | 5.25 | = | 12,301,654) | ÷ | 2,344,792) |
| Jun 30, 2024 | 3.81 | = | 8,931,960) | ÷ | 2,345,721) |
| Jun 30, 2023 | 2.31 | = | 3,179,426) | ÷ | 1,374,652) |
| Jun 30, 2022 | 1.91 | = | 2,806,315) | ÷ | 1,470,024) |
| Jun 30, 2021 | 1.93 | = | 1,867,259) | ÷ | 968,896) |
| Jun 30, 2020 | 2.25 | = | 1,592,761) | ÷ | 707,635) |
| Jun 30, 2019 | 2.35 | = | 1,421,771) | ÷ | 605,969) |
| Jun 30, 2018 | 1.89 | = | 1,530,878) | ÷ | 811,557) |
| Jun 30, 2017 | 1.88 | = | 1,261,166) | ÷ | 672,530) |
| Jun 30, 2016 | 2.58 | = | 938,002) | ÷ | 363,618) |
| Jun 30, 2015 | 2.01 | = | 914,415) | ÷ | 454,107) |
| Jun 30, 2014 | 2.10 | = | 654,081) | ÷ | 310,886) |
| Jun 30, 2013 | 2.16 | = | 523,192) | ÷ | 241,664) |
| Jun 30, 2012 | 2.19 | = | 481,912) | ÷ | 220,508) |
| Jun 30, 2011 | 2.63 | = | 369,622) | ÷ | 140,647) |
| Jun 30, 2010 | 2.15 | = | 296,857) | ÷ | 137,875) |
| Jun 30, 2009 | 2.47 | = | 220,018) | ÷ | 89,031) |
| Jun 30, 2008 | 2.05 | = | 199,883) | ÷ | 97,491) |
| Jun 30, 2007 | 2.21 | = | 173,506) | ÷ | 78,420) |
Based on: 10-K (reporting date: 2026-06-30), 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).
1 US$ in thousands
The liquidity profile exhibits a long-term period of stability followed by a period of significant expansion and subsequent adjustment. From 2007 through 2022, the organization maintained a consistent current ratio, generally fluctuating between 1.88 and 2.63, indicating a steady capacity to meet short-term obligations.
- Long-term Liquidity Stability (2007–2022)
- For fifteen years, the current ratio remained relatively range-bound, typically staying above 2.0. Current assets grew steadily from 173.5 million US dollars in 2007 to approximately 2.8 billion US dollars by 2022, with current liabilities scaling proportionally. This relationship suggests a disciplined approach to working capital management during this tenure.
- Accelerated Asset Expansion (2023–2025)
- A dramatic shift in liquidity occurred starting in 2024. The current ratio rose sharply from 2.31 in 2023 to 3.81 in 2024, eventually peaking at 5.25 in 2025. This surge was driven by an explosive increase in current assets, which grew from 3.18 billion US dollars in 2023 to 12.3 billion US dollars in 2025, while current liabilities remained nearly flat at approximately 2.34 billion US dollars. This period represents a significant accumulation of liquid resources relative to short-term debt.
- Recent Liquidity Normalization (2026)
- In 2026, the current ratio declined to 3.87. Although current assets continued to climb aggressively to 27.7 billion US dollars, current liabilities experienced a substantial increase to 7.16 billion US dollars. This suggests a shift in the operational structure where the growth in short-term obligations began to offset the rapid accumulation of current assets, bringing the ratio back toward the levels observed in 2024.
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Comparison to Competitors
Super Micro Computer Inc., current ratio, long-term trends, comparison to competitors
| Super Micro Computer Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Lumentum Holdings Inc. | |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | 3.87 | — | — | 0.93 | 0.91 | 1.68 |
| Jun 30, 2025 | 5.25 | 0.89 | 3.05 | 1.00 | 0.78 | 4.37 |
| Jun 30, 2024 | 3.81 | 0.87 | 4.36 | 0.91 | 0.74 | 5.90 |
| Jun 30, 2023 | 2.31 | 0.99 | 4.39 | 1.38 | 0.82 | 4.38 |
| Jun 30, 2022 | 1.91 | 0.88 | 4.29 | 1.43 | 0.80 | 4.38 |
| Jun 30, 2021 | 1.93 | 1.07 | 4.34 | 1.49 | 0.80 | 3.67 |
| Jun 30, 2020 | 2.25 | 1.36 | 4.99 | 1.72 | 0.70 | 7.24 |
| Jun 30, 2019 | 2.35 | 1.54 | 5.81 | 1.51 | 0.80 | 4.53 |
| Jun 30, 2018 | 1.89 | 1.12 | 4.48 | 2.29 | — | 5.27 |
| Jun 30, 2017 | 1.88 | 1.28 | 4.28 | 3.03 | — | 5.05 |
| Jun 30, 2016 | 2.58 | 1.35 | 3.32 | 3.16 | — | 2.82 |
| Jun 30, 2015 | 2.01 | 1.11 | 4.15 | 3.23 | — | 2.55 |
| Jun 30, 2014 | 2.10 | 1.08 | 4.71 | 3.39 | — | — |
| Jun 30, 2013 | 2.16 | 1.68 | — | 2.95 | — | — |
| Jun 30, 2012 | 2.19 | 1.50 | — | 3.49 | — | — |
| Jun 30, 2011 | 2.63 | 1.61 | — | 3.27 | — | — |
| Jun 30, 2010 | 2.15 | 2.01 | — | 2.67 | — | — |
| Jun 30, 2009 | 2.47 | 1.88 | — | 3.24 | — | — |
| Jun 30, 2008 | 2.05 | 2.46 | — | 2.58 | — | — |
| Jun 30, 2007 | 2.21 | 2.36 | — | 2.36 | — | — |
Based on: 10-K (reporting date: 2026-06-30), 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).
Comparison to Sector (Technology Hardware & Equipment)
Super Micro Computer Inc., current ratio, long-term trends, comparison to sector (technology hardware & equipment)
| Super Micro Computer Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 30, 2026 | 3.87 | — |
| Jun 30, 2025 | 5.25 | 0.98 |
| Jun 30, 2024 | 3.81 | 0.92 |
| Jun 30, 2023 | 2.31 | 1.05 |
| Jun 30, 2022 | 1.91 | 0.96 |
| Jun 30, 2021 | 1.93 | 1.09 |
| Jun 30, 2020 | 2.25 | 1.25 |
| Jun 30, 2019 | 2.35 | 1.38 |
| Jun 30, 2018 | 1.89 | 1.36 |
| Jun 30, 2017 | 1.88 | 1.67 |
| Jun 30, 2016 | 2.58 | 1.80 |
| Jun 30, 2015 | 2.01 | 1.60 |
| Jun 30, 2014 | 2.10 | 1.64 |
| Jun 30, 2013 | 2.16 | 2.11 |
| Jun 30, 2012 | 2.19 | 2.13 |
| Jun 30, 2011 | 2.63 | 2.25 |
| Jun 30, 2010 | 2.15 | 2.33 |
| Jun 30, 2009 | 2.47 | 2.44 |
| Jun 30, 2008 | 2.05 | 2.52 |
| Jun 30, 2007 | 2.21 | 2.36 |
Based on: 10-K (reporting date: 2026-06-30), 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).
Comparison to Industry (Information Technology)
Super Micro Computer Inc., current ratio, long-term trends, comparison to industry (information technology)
| Super Micro Computer Inc. | Information Technology | |
|---|---|---|
| Jun 30, 2026 | 3.87 | — |
| Jun 30, 2025 | 5.25 | 1.39 |
| Jun 30, 2024 | 3.81 | 1.24 |
| Jun 30, 2023 | 2.31 | 1.41 |
| Jun 30, 2022 | 1.91 | 1.37 |
| Jun 30, 2021 | 1.93 | 1.55 |
| Jun 30, 2020 | 2.25 | 1.71 |
| Jun 30, 2019 | 2.35 | 1.66 |
| Jun 30, 2018 | 1.89 | 1.88 |
| Jun 30, 2017 | 1.88 | 2.04 |
| Jun 30, 2016 | 2.58 | 2.01 |
| Jun 30, 2015 | 2.01 | 2.04 |
| Jun 30, 2014 | 2.10 | 1.98 |
| Jun 30, 2013 | 2.16 | 2.20 |
| Jun 30, 2012 | 2.19 | 2.08 |
| Jun 30, 2011 | 2.63 | 2.12 |
| Jun 30, 2010 | 2.15 | 2.02 |
| Jun 30, 2009 | 2.47 | 2.04 |
| Jun 30, 2008 | 2.05 | 1.80 |
| Jun 30, 2007 | 2.21 | 1.79 |
Based on: 10-K (reporting date: 2026-06-30), 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).