Ichor Holdings Ltd (ICHR)

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 452,620 447,061 418,636 421,221 401,365 451,325 452,065 469,598 513,458 535,582 500,493 459,563 462,771 549,515 540,520 503,029 495,714 326,200 317,389 279,745
Total current liabilities US$ in thousands 135,670 122,939 98,116 101,249 98,962 115,668 106,404 118,225 166,292 205,063 198,920 194,066 208,303 184,098 197,738 183,084 162,034 148,299 155,357 151,437
Current ratio 3.34 3.64 4.27 4.16 4.06 3.90 4.25 3.97 3.09 2.61 2.52 2.37 2.22 2.98 2.73 2.75 3.06 2.20 2.04 1.85

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $452,620K ÷ $135,670K
= 3.34

The current ratio of Ichor Holdings Ltd has shown a general upward trend over the past few years, indicating an improving liquidity position. As of December 31, 2024, the current ratio stands at 3.34, suggesting that the company's current assets are more than three times its current liabilities. This indicates that Ichor Holdings Ltd has a strong ability to meet its short-term obligations using its current assets. However, it is important to note that there has been some fluctuation in the current ratio over the years, which could be influenced by changes in the company's working capital management or shifts in its current asset and liability composition. Overall, the current ratio of Ichor Holdings Ltd reflects a healthy liquidity position, providing a buffer to cover its short-term financial commitments.