Cohu Inc (COHU)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 534,307 | 638,818 | 764,851 | 750,793 | 485,517 |
| Total current liabilities | US$ in thousands | 85,184 | 103,421 | 160,872 | 192,459 | 174,924 |
| Current ratio | 6.27 | 6.18 | 4.75 | 3.90 | 2.78 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $534,307K ÷ $85,184K
= 6.27
The current ratio of Cohu Inc has been consistently increasing over the years from 2.78 in December 31, 2020, to 6.27 in December 31, 2024. This indicates that the company's liquidity position has been improving, as it has more than enough current assets to cover its current liabilities. A current ratio above 1.0 is generally considered healthy, as it suggests that the company is able to meet its short-term obligations. Cohu Inc's current ratio has shown a strong upward trend, reflecting the company's ability to manage its current financial obligations effectively and potentially indicating improved financial health and stability.
Peer comparison
Dec 31, 2024