Lattice Semiconductor Corporation (LSCC)

Cash ratio

		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	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	US$ in thousands	136,291	124,283	109,216	107,466	128,317	114,397	103,773	112,136	145,722	118,766	117,882	122,989	131,570	181,452	187,734	185,268	182,332	182,268	165,175	176,572
Short-term investments	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	99,622	92,048	80,284	81,561	97,400	100,663	91,966	97,158	127,373	110,278	106,408	99,063	106,181	103,369	88,572	80,679	79,731	87,834	90,522	93,727
Cash ratio		1.37	1.35	1.36	1.32	1.32	1.14	1.13	1.15	1.14	1.08	1.11	1.24	1.24	1.76	2.12	2.30	2.29	2.08	1.82	1.88

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 fluctuations over the period from March 31, 2020, to December 31, 2024. The cash ratio is a liquidity ratio that indicates the company's ability to cover its short-term liabilities with its cash and cash equivalents.

The cash ratio ranged from a low of 1.08 on September 30, 2022, to a high of 2.30 on March 31, 2021. This indicates that the company had more than enough cash and cash equivalents to cover its short-term obligations at certain points in time.

However, there was a noticeable decrease in the cash ratio towards the end of the period, with the ratio declining to 1.37 on December 31, 2024. This decline may suggest that the company's ability to cover its short-term liabilities with cash and cash equivalents has weakened over time.

Overall, while the company's cash ratio has displayed fluctuations, it is essential for stakeholders to closely monitor this ratio to ensure that Lattice Semiconductor Corporation maintains a healthy level of liquidity to meet its short-term obligations effectively.