Lattice Semiconductor Corporation (LSCC)

Current 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
Total current assets	US$ in thousands	364,834	366,112	353,204	340,738	367,946	360,733	344,612	348,880	379,167	340,308	314,460	299,185	301,351	351,759	346,469	336,880	333,843	338,950	330,998	318,678
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
Current ratio		3.66	3.98	4.40	4.18	3.78	3.58	3.75	3.59	2.98	3.09	2.96	3.02	2.84	3.40	3.91	4.18	4.19	3.86	3.66	3.40

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $364,834K ÷ $99,622K
= 3.66

Lattice Semiconductor Corporation's current ratio has shown fluctuations over the past few years. The ratio, which measures the company's ability to meet its short-term obligations with its current assets, was consistently strong from March 31, 2020, to December 31, 2021, ranging from 3.40 to 4.19. This indicates a healthy liquidity position during this period.

However, starting from June 30, 2022, the current ratio began to decline, indicating a potential weakening of the company's ability to cover its short-term liabilities with its current assets. While the ratio improved slightly in the following quarters, it remained below the levels seen in the earlier period.

As of December 31, 2024, the current ratio stood at 3.66, which is lower than the peak observed in the past but still reflects a reasonable liquidity position. It would be important for stakeholders to monitor this ratio closely in upcoming periods to assess the company's ability to manage its short-term obligations effectively.