Cirrus Logic Inc (CRUS)
Current ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,239,730 | 1,250,450 | 1,224,900 | 1,101,740 | 1,106,190 | 1,185,380 | 1,096,870 | 1,096,870 | 1,048,670 | 1,017,860 | 1,013,480 | 956,567 | 861,008 | 840,015 | 763,521 | 949,056 | 839,344 | 842,519 | 803,544 | 709,231 |
| Total current liabilities | US$ in thousands | 195,188 | 210,913 | 229,276 | 201,742 | 186,393 | 178,594 | 201,190 | 201,190 | 202,854 | 216,340 | 228,549 | 282,365 | 252,596 | 264,783 | 239,514 | 500,381 | 186,501 | 213,610 | 184,855 | 178,043 |
| Current ratio | 6.35 | 5.93 | 5.34 | 5.46 | 5.93 | 6.64 | 5.45 | 5.45 | 5.17 | 4.70 | 4.43 | 3.39 | 3.41 | 3.17 | 3.19 | 1.90 | 4.50 | 3.94 | 4.35 | 3.98 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,239,730K ÷ $195,188K
= 6.35
The current ratio for Cirrus Logic Inc has fluctuated over the years, indicating changes in the company's liquidity position.
From September 30, 2020, to June 30, 2021, the current ratio consistently increased from 3.98 to 4.50, reflecting a strengthening liquidity position. However, there was a significant drop in the current ratio to 1.90 on September 30, 2021, which could suggest potential liquidity challenges or changes in the company's current assets and liabilities.
Subsequently, the current ratio improved to 4.43 by December 31, 2022, and continued to increase to 6.64 by December 31, 2023, indicating a robust liquidity position during this period.
The current ratio slightly decreased to 5.93 on March 31, 2024, and further declined to 5.34 on September 30, 2024. However, it rose again to 6.35 by March 31, 2025, suggesting that the company's liquidity position improved in the most recent period.
Overall, the current ratio trend indicates that Cirrus Logic Inc has maintained a relatively strong liquidity position, although there have been fluctuations over time that may warrant further investigation into the company's current assets and liabilities management.
Peer comparison
Mar 31, 2025