Advanced Micro Devices Inc (AMD)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 19,049,000 | 18,735,000 | 17,465,000 | 17,084,000 | 16,768,000 | 16,688,000 | 16,505,000 | 15,658,000 | 15,019,000 | 14,420,000 | 13,462,000 | 13,369,000 | 8,583,000 | 7,988,000 | 7,818,000 | 7,197,000 | 6,143,000 | 5,500,000 | 5,109,000 | 4,390,000 |
| Total current liabilities | US$ in thousands | 7,281,000 | 7,500,000 | 6,195,000 | 6,474,000 | 6,689,000 | 7,627,000 | 7,572,000 | 6,577,000 | 6,369,000 | 6,691,000 | 5,523,000 | 5,581,000 | 4,240,000 | 3,564,000 | 2,892,000 | 2,864,000 | 2,417,000 | 2,417,000 | 2,434,000 | 1,985,000 |
| Current ratio | 2.62 | 2.50 | 2.82 | 2.64 | 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 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $19,049,000K ÷ $7,281,000K
= 2.62
The current ratio of Advanced Micro Devices Inc has been relatively stable over the analyzed period, ranging from a low of 2.02 as of December 31, 2021, to a high of 2.82 as of June 30, 2024. This ratio indicates that the company has consistently maintained a healthy level of current assets relative to its current liabilities, with sufficient resources to cover its short-term obligations. A current ratio above 2 is generally considered favorable as it suggests the company has a comfortable cushion to meet its financial obligations. The slight fluctuations in the current ratio may be attributed to changes in the composition of current assets and liabilities over time. Overall, the trend in Advanced Micro Devices Inc's current ratio demonstrates sound liquidity and financial stability.
Peer comparison
Dec 31, 2024