Lattice Semiconductor Corporation (LSCC)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 136,291 | 128,317 | 145,722 | 131,570 | 182,332 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 99,622 | 97,400 | 127,373 | 106,181 | 79,731 |
| Cash ratio | 1.37 | 1.32 | 1.14 | 1.24 | 2.29 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($136,291K
+ $—K)
÷ $99,622K
= 1.37
The cash ratio of Lattice Semiconductor Corporation has shown some fluctuations over the past five years. As of December 31, 2020, the cash ratio was at a relatively strong level of 2.29, indicating that the company had $2.29 in cash and cash equivalents for every $1 of current liabilities.
However, over the following years, the cash ratio decreased. By December 31, 2021, the ratio had declined to 1.24, reflecting a decrease in the company's ability to cover its short-term obligations purely with cash on hand. This trend continued into December 31, 2022, when the cash ratio decreased further to 1.14.
A positive note is that by December 31, 2023, the cash ratio improved to 1.32, suggesting a slight strengthening of the company's liquidity position compared to the previous year. This positive trend continued into December 31, 2024, with the cash ratio further increasing to 1.37.
Overall, while there have been fluctuations in the cash ratio of Lattice Semiconductor Corporation, the company appears to have managed its liquidity position relatively well, with a recent improvement indicating a better ability to meet short-term obligations with its available cash resources.
Peer comparison
Dec 31, 2024