FormFactor Inc (FORM)
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 | 605,128 | 614,782 | 620,618 | 588,496 | 573,780 | 506,585 | 478,255 | 480,921 | 474,552 | 516,314 | 537,064 | 556,148 | 524,039 | 506,501 | 497,491 | 498,105 | 487,074 | 456,194 | 455,414 | 426,255 |
| Total current liabilities | US$ in thousands | 131,345 | 129,176 | 139,041 | 130,558 | 131,095 | 129,526 | 124,103 | 128,170 | 149,667 | 163,756 | 159,585 | 154,657 | 148,754 | 160,000 | 153,851 | 146,649 | 154,571 | 136,274 | 123,236 | 117,494 |
| Current ratio | 4.61 | 4.76 | 4.46 | 4.51 | 4.38 | 3.91 | 3.85 | 3.75 | 3.17 | 3.15 | 3.37 | 3.60 | 3.52 | 3.17 | 3.23 | 3.40 | 3.15 | 3.35 | 3.70 | 3.63 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $605,128K ÷ $131,345K
= 4.61
FormFactor Inc's current ratio has been consistently above 3 in the past few years, indicating a strong liquidity position. The ratio has ranged from 3.15 to 4.76 from December 31, 2020, to December 31, 2024. This suggests that the company has more than enough current assets to cover its short-term liabilities, providing a cushion for any unexpected financial challenges. The trend of the current ratio generally increasing over time indicates an improvement in the company's liquidity position, which is a positive sign for its financial health and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024