Lam Research Corp (LRCX)

Current ratio

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Total current assets	US$ in thousands	14,517,000	12,883,200	13,228,400	12,285,200	11,652,400
Total current liabilities	US$ in thousands	6,568,420	4,338,440	4,184,920	4,564,760	3,527,870
Current ratio		2.21	2.97	3.16	2.69	3.30

June 30, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $14,517,000K ÷ $6,568,420K
= 2.21

The current ratio for Lam Research Corp over the specified periods demonstrates fluctuations within a generally stable range. As of June 30, 2021, the current ratio stood at 3.30, indicating a strong liquidity position with ample current assets to cover current liabilities. By June 30, 2022, the ratio declined to 2.69, suggesting a reduction in liquidity but still maintaining a comfortable margin. The ratio experienced a slight increase in the subsequent year, reaching 3.16 as of June 30, 2023, which signals some improvement in liquidity relative to the previous year. However, by June 30, 2024, the ratio decreased slightly again to 2.97, indicating a marginal weakening in short-term liquidity. The most recent figure available, as of June 30, 2025, shows a further decrease to 2.21, approaching a lower threshold but still reflecting adequate liquidity for operational needs. Overall, while there has been some variability in the current ratio over the analyzed periods, Lam Research Corp has consistently maintained ratios above 2, which typically suggests sound liquidity management, although the downward trend warrants attention for potential impacts on short-term financial stability.