Stock Analysis on Net

Super Micro Computer Inc. (NASDAQ:SMCI)

Current Ratio 
since 2007

Microsoft Excel

Calculation

Super Micro Computer Inc., current ratio, long-term trends, calculation

Microsoft Excel

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).

1 US$ in thousands


The analysis of the financial data reveals several significant trends in the company's short-term financial position over the years considered.

Current Assets
The value of current assets has demonstrated consistent growth throughout the period. Starting from US$173,506 thousand in mid-2007, current assets increased steadily with some periods of accelerated growth, reaching US$3,179,426 thousand by mid-2023. The growth notably amplifies in the last two periods, with a substantial jump to US$8,931,960 thousand in mid-2024 and US$12,301,654 thousand in mid-2025. This sharp rise indicates a significant expansion in liquid or near-liquid asset holdings.
Current Liabilities
Current liabilities have also grown, albeit at a different pace and with more fluctuations. Beginning at US$78,420 thousand in 2007, liabilities peaked periodically, with substantial increases around mid-2017 and mid-2021, reaching US$1,470,024 thousand in mid-2022. Subsequently, values slightly declined and stabilized around US$2,345,792 thousand in the last two reported periods (mid-2024 and mid-2025). The growth in liabilities, while notable, is less steep compared to current assets in the final years.
Current Ratio
The current ratio fluctuates within a moderate range for much of the period, predominantly ranging from about 1.9 to 2.6, indicating generally adequate short-term liquidity to cover current liabilities. Noteworthy dips occur around 2017 and 2021, suggesting tighter liquidity during these periods. However, the ratio dramatically increases to 3.81 in mid-2024 and further to 5.25 in mid-2025, reflecting a substantial improvement in the company's liquidity position and a strong buffer of current assets over current liabilities in recent years.

Overall, the data indicates a strategic strengthening of the company’s short-term financial health, with a marked increase in current assets outpacing the growth in current liabilities. The rising current ratio towards the end of the timeline underscores a significantly enhanced ability to meet short-term obligations, implying improved operational resilience or a shift toward more liquid asset holdings.


Comparison to Competitors

Super Micro Computer Inc., current ratio, long-term trends, comparison to competitors

Microsoft Excel

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).


Comparison to Sector (Technology Hardware & Equipment)

Super Micro Computer Inc., current ratio, long-term trends, comparison to sector (technology hardware & equipment)

Microsoft Excel

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).


Comparison to Industry (Information Technology)

Super Micro Computer Inc., current ratio, long-term trends, comparison to industry (information technology)

Microsoft Excel

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).