KLA-Tencor Corporation (KLAC)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 10,698,800 | 9,945,020 | 9,772,600 | 10,228,400 | 9,751,260 | 9,285,560 | 8,748,720 | 8,430,790 | 8,372,030 | 8,018,750 | 8,132,580 | 7,643,940 | 7,168,910 | 6,582,720 | 6,701,480 | 6,144,670 | 5,696,250 | 5,405,160 | 5,222,950 | 4,754,700 |
| Total current liabilities | US$ in thousands | 4,085,800 | 3,909,930 | 4,138,260 | 4,798,210 | 4,660,770 | 4,458,540 | 4,571,000 | 3,817,740 | 3,742,840 | 3,418,520 | 3,482,500 | 3,139,360 | 2,871,080 | 2,828,980 | 2,776,100 | 2,523,010 | 2,103,230 | 2,029,470 | 2,020,110 | 1,748,830 |
| Current ratio | 2.62 | 2.54 | 2.36 | 2.13 | 2.09 | 2.08 | 1.91 | 2.21 | 2.24 | 2.35 | 2.34 | 2.43 | 2.50 | 2.33 | 2.41 | 2.44 | 2.71 | 2.66 | 2.59 | 2.72 |
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 exhibited fluctuations over the analyzed period from September 30, 2020, to June 30, 2025. Initially, the ratio was relatively high at 2.72 in September 2020, which suggests a comfortable level of short-term liquidity and ability to cover current liabilities with current assets. Throughout the subsequent quarters, the ratio experienced gradual declines, reaching a low of approximately 2.21 as of September 30, 2023.
This downward trend continued into the end of 2023, with the ratio decreasing to 1.91 in December 2023, indicating a reduction in liquidity buffer. However, from the beginning of 2024 onwards, the ratio showed signs of recovery, rising to 2.08 in March 2024, and maintaining an upward trajectory in the following quarters, reaching 2.62 by June 2025.
Overall, the current ratio's decline from over 2.7 to around 1.91 domestically indicates a narrowing margin of short-term liquidity, but the ratio remains above 1.9, which generally suggests that the company retains the capacity to meet its short-term obligations. The recent upward trend may reflect strategic improvements in liquidity management or changes in current asset and liability compositions, signaling a potentially healthier liquidity position moving forward.
Peer comparison
Jun 30, 2025