KLA-Tencor Corporation (KLAC)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 10,698,800 | 10,031,100 | 8,372,030 | 7,168,910 | 5,696,250 |
| Total current liabilities | US$ in thousands | 4,085,800 | 4,660,770 | 3,742,840 | 2,871,080 | 2,103,230 |
| Current ratio | 2.62 | 2.15 | 2.24 | 2.50 | 2.71 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $10,698,800K ÷ $4,085,800K
= 2.62
The current ratio of KLA-Tencor Corporation has experienced a gradual decline over the specified period from June 30, 2021, to June 30, 2024, with a slight recovery anticipated in 2025. Specifically, on June 30, 2021, the current ratio was 2.71, indicating that current assets substantially exceeded current liabilities, which reflects a strong liquidity position. By June 30, 2022, the ratio decreased to 2.50, signaling a modest reduction in liquidity cushion but still maintaining a comfortable margin. The decline continued into June 30, 2023, with the current ratio falling to 2.24, suggesting a further decrease in the company's short-term liquidity position. As of June 30, 2024, the current ratio stood at 2.15, indicating a continued downward trend with relatively narrower coverage of current liabilities by current assets. However, the ratio is projected to increase to 2.62 by June 30, 2025, implying a potential restoration or improvement in liquidity management. Overall, the data suggests that while KLA-Tencor's liquidity position has been gradually diminishing over the analyzed period, it remains within a range indicative of adequate short-term financial health, with signs of potential strengthening in the upcoming year.
Peer comparison
Jun 30, 2025