Kulicke and Soffa Industries Inc (KLIC)

The current ratio of Kulicke and Soffa Industries Inc has shown some fluctuation over the past five years. In the latest fiscal year ending on Sep 30, 2024, the current ratio stands at 5.41. This indicates that the company has $5.41 in current assets to cover each dollar of current liabilities, reflecting a strong liquidity position.

Compared to the previous year, the current ratio has decreased from 6.55 to 5.41. Despite the decline, the ratio remains at a healthy level well above 1, suggesting that the company is capable of meeting its short-term obligations comfortably. The downward trend in the current ratio from 2023 to 2024 should be further examined to understand the factors influencing this change.

Looking at historical data, the current ratio has varied over the past five years, with the highest ratio recorded in 2023 (6.55) and the lowest in 2021 (3.84). These fluctuations may indicate changes in the company's liquidity position and its ability to manage short-term debt obligations. A current ratio above 1 is generally considered favorable, and the company's current ratios over the years have consistently reflected a strong liquidity position.

In conclusion, while there has been some variability in Kulicke and Soffa Industries Inc's current ratio over the years, the current ratio of 5.41 as of September 30, 2024, indicates a strong liquidity position and the ability to meet short-term obligations efficiently. Further analysis of the underlying components of current assets and liabilities would provide a more comprehensive understanding of the company's liquidity management.

Peer comparison

Sep 30, 2024