KLA-Tencor Corporation (KLAC)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 2,078,910 | 1,977,130 | 1,927,860 | 1,584,910 | 1,434,610 |
| Short-term investments | US$ in thousands | 2,415,720 | 2,526,870 | 1,315,290 | 1,123,100 | 1,059,910 |
| Receivables | US$ in thousands | 2,263,920 | 2,004,700 | 1,935,400 | 2,016,340 | 1,465,380 |
| Total current liabilities | US$ in thousands | 4,085,800 | 4,660,770 | 3,742,840 | 2,871,080 | 2,103,230 |
| Quick ratio | 1.65 | 1.40 | 1.38 | 1.65 | 1.88 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,078,910K
+ $2,415,720K
+ $2,263,920K)
÷ $4,085,800K
= 1.65
The quick ratio of KLA-Tencor Corporation demonstrates a declining trend over the period from June 30, 2021, to June 30, 2024, followed by a slight recovery in 2025. Specifically, the ratio decreased from 1.88 in 2021 to 1.65 in 2022, indicating a reduction in the company's ability to meet its short-term obligations with its most liquid assets. This downward movement continued through 2023, reaching a low of 1.38, which suggests a further slight deterioration in liquidity positioning. In 2024, the quick ratio experienced a marginal increase to 1.40, signaling a stabilization phase. The ratio then rose again in 2025 to 1.65, restoring a level comparable to that of 2022. Overall, while the quick ratio has trended downward initially, recent figures indicate a modest improvement, reflecting a potential enhancement in liquidity health relative to the previous year.
Peer comparison
Jun 30, 2025