Cohu Inc (COHU)
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 | 534,307 | 542,454 | 546,125 | 572,917 | 638,818 | 718,567 | 722,291 | 709,496 | 764,851 | 749,331 | 767,296 | 752,156 | 750,793 | 743,507 | 826,597 | 675,718 | 485,517 | 444,818 | 456,250 | 453,799 |
| Total current liabilities | US$ in thousands | 85,184 | 84,975 | 78,563 | 91,095 | 103,421 | 128,444 | 138,402 | 145,028 | 160,872 | 170,757 | 194,268 | 176,469 | 192,459 | 202,152 | 321,312 | 208,033 | 174,924 | 146,903 | 159,041 | 163,717 |
| Current ratio | 6.27 | 6.38 | 6.95 | 6.29 | 6.18 | 5.59 | 5.22 | 4.89 | 4.75 | 4.39 | 3.95 | 4.26 | 3.90 | 3.68 | 2.57 | 3.25 | 2.78 | 3.03 | 2.87 | 2.77 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $534,307K ÷ $85,184K
= 6.27
Cohu Inc's current ratio has shown a generally increasing trend over the past few years, indicating strong short-term liquidity and the ability to cover its current liabilities with its current assets. The current ratio increased from 2.77 as of March 31, 2020, to a peak of 6.95 as of June 30, 2024, before slightly decreasing to 6.27 as of December 31, 2024.
The company's current ratio consistently remained above 1, suggesting that it has more than enough current assets to meet its short-term obligations. Cohu Inc's current ratio surpassed industry benchmarks and demonstrated its robust financial position and efficient management of working capital during the period under review.
Overall, the upward trend in the current ratio indicates that Cohu Inc has maintained a healthy level of liquidity and is well-positioned to meet its short-term financial obligations while also having sufficient funds for potential growth opportunities.
Peer comparison
Dec 31, 2024