Paying users zone. Data is covered by 
.
Get 1 month access to Texas Instruments Inc. for $19.99, or
get full access to entire website for at least 3 months from $49.99.
We accept:
Texas Instruments Inc. (TXN)
Liquidity Analysis
Difficulty: Beginner
Liquidity ratios measure the company’s ability to meet its short-term obligations.
Ratios (Summary)
Texas Instruments Inc., liquidity ratios
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Current ratio | |
|
|
|
|
|
| Quick ratio | |
|
|
|
|
|
| Cash ratio | |
|
|
|
|
Based on: 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-24).
| Ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Texas Instruments Inc.’s current ratio improved from 2016 to 2017 but then deteriorated significantly from 2017 to 2018. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Texas Instruments Inc.’s quick ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018 not reaching 2016 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Texas Instruments Inc.’s cash ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018 not reaching 2016 level. |
Current Ratio
Texas Instruments Inc., current ratio calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | ||||||
| Current assets | |
|
|
|
|
|
| Current liabilities | |
|
|
|
|
|
| Ratio | ||||||
| Current ratio1 | |
|
|
|
|
|
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| Apple Inc. | |
|
|
|
|
|
| Applied Materials Inc. | |
|
|
|
|
|
| Broadcom Inc. | |
|
|
|
|
|
| Cisco Systems Inc. | |
|
|
|
|
|
| HP Inc. | |
|
|
|
|
|
| Intel Corp. | |
|
|
|
|
|
| NVIDIA Corp. | |
|
|
|
|
|
| Qualcomm Inc. | |
|
|
|
|
|
| Current Ratio, Sector | ||||||
| Technology Hardware & Equipment | |
|
|
|
|
|
| Current Ratio, Industry | ||||||
| Technology | |
|
|
|
|
|
Based on: 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-24).
1 2018 Calculation
Current ratio = Current assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Texas Instruments Inc.’s current ratio improved from 2016 to 2017 but then deteriorated significantly from 2017 to 2018. |
Quick Ratio
Texas Instruments Inc., quick ratio calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | ||||||
| Cash and cash equivalents | |
|
|
|
|
|
| Short-term investments | |
|
|
|
|
|
| Accounts receivable, net of allowances | |
|
|
|
|
|
| Total quick assets | |
|
|
|
|
|
| Current liabilities | |
|
|
|
|
|
| Ratio | ||||||
| Quick ratio1 | |
|
|
|
|
|
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| Apple Inc. | |
|
|
|
|
|
| Applied Materials Inc. | |
|
|
|
|
|
| Broadcom Inc. | |
|
|
|
|
|
| Cisco Systems Inc. | |
|
|
|
|
|
| HP Inc. | |
|
|
|
|
|
| Intel Corp. | |
|
|
|
|
|
| NVIDIA Corp. | |
|
|
|
|
|
| Qualcomm Inc. | |
|
|
|
|
|
| Quick Ratio, Sector | ||||||
| Technology Hardware & Equipment | |
|
|
|
|
|
| Quick Ratio, Industry | ||||||
| Technology | |
|
|
|
|
|
Based on: 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-24).
1 2018 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Texas Instruments Inc.’s quick ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018 not reaching 2016 level. |
Cash Ratio
Texas Instruments Inc., cash ratio calculation, comparison to benchmarks
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | ||||||
| Cash and cash equivalents | |
|
|
|
|
|
| Short-term investments | |
|
|
|
|
|
| Total cash assets | |
|
|
|
|
|
| Current liabilities | |
|
|
|
|
|
| Ratio | ||||||
| Cash ratio1 | |
|
|
|
|
|
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| Apple Inc. | |
|
|
|
|
|
| Applied Materials Inc. | |
|
|
|
|
|
| Broadcom Inc. | |
|
|
|
|
|
| Cisco Systems Inc. | |
|
|
|
|
|
| HP Inc. | |
|
|
|
|
|
| Intel Corp. | |
|
|
|
|
|
| NVIDIA Corp. | |
|
|
|
|
|
| Qualcomm Inc. | |
|
|
|
|
|
| Cash Ratio, Sector | ||||||
| Technology Hardware & Equipment | |
|
|
|
|
|
| Cash Ratio, Industry | ||||||
| Technology | |
|
|
|
|
|
Based on: 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-24).
1 2018 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= ÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Texas Instruments Inc.’s cash ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018 not reaching 2016 level. |