Lattice Semiconductor Corporation (LSCC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 364,834 | 367,946 | 379,167 | 301,351 | 333,843 |
| Total current liabilities | US$ in thousands | 99,622 | 97,400 | 127,373 | 106,181 | 79,731 |
| Current ratio | 3.66 | 3.78 | 2.98 | 2.84 | 4.19 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $364,834K ÷ $99,622K
= 3.66
The current ratio of Lattice Semiconductor Corporation has shown a declining trend over the past few years, decreasing from 4.19 in December 2020 to 2.84 in December 2021. However, there has been a slight improvement in the current ratio in the subsequent years, reaching 2.98 in December 2022, 3.78 in December 2023, and 3.66 in December 2024.
This indicates that the company's ability to cover its short-term obligations with its current assets improved in the later years compared to 2021, although it has not yet returned to the levels seen in 2020. It is important for the company to continue monitoring and managing its current assets and liabilities effectively to maintain a healthy current ratio and ensure its liquidity position remains stable.
Peer comparison
Dec 31, 2024