Coherent Inc (COHR)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 152,679,000 | 3,660,100 | 3,252,000 | 3,252,000 | 4,305,190 |
| Total current liabilities | US$ in thousands | 1,794,800 | 1,343,770 | 1,078,750 | 1,078,750 | 1,266,960 |
| Current ratio | 85.07 | 2.72 | 3.01 | 3.01 | 3.40 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $152,679,000K ÷ $1,794,800K
= 85.07
The current ratio of Coherent Inc. has demonstrated varied fluctuations over the observed period. As of September 30, 2022, the company's current ratio stood at 3.40, indicating a strong liquidity position with assets well exceeding current liabilities. By June 30, 2023, this ratio slightly declined to 3.01, reflecting a modest reduction in liquidity but still remaining well above the critical threshold of 1.0, which suggests the company's ability to meet short-term obligations without concern. The ratio remained stable at 3.01 through September 30, 2023, implying relative consistency in the company's short-term liquidity management during this period. However, a further decline was observed by June 30, 2024, with the current ratio decreasing to 2.72, indicating a continued but gradual reduction in liquidity margins. A significant change occurred between that date and June 30, 2025, where the ratio exhibited an abrupt and extraordinary increase to 85.07, indicating an extremely high level of current assets relative to current liabilities. Such an exceptional increase is unusual and could suggest strategic shifts in asset management, a potential reclassification of liabilities, or other structural changes. Overall, while the current ratio has generally remained comfortably above 1.0 during most of the period, the dramatic spike in 2025 warrants further investigation to understand the underlying factors influencing this anomaly.
Peer comparison
Jun 30, 2025