Lattice Semiconductor Corporation (LSCC)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	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	262,430	239,209	256,245	281,763
Total current liabilities	US$ in thousands	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	99,819	81,428	83,117	70,189
Current ratio		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	2.63	2.94	3.08	4.01

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $367,946K ÷ $97,400K
= 3.78

The current ratio of Lattice Semiconductor Corporation has shown some fluctuations over the past few quarters, ranging from a low of 2.63 to a high of 4.19. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A higher current ratio indicates a stronger liquidity position, as the company has more current assets relative to its current liabilities.

The current ratio has generally been above 3.00 in recent quarters, indicating that Lattice Semiconductor has a healthy liquidity position. This means the company has sufficient current assets to meet its short-term obligations comfortably. However, it's worth noting that the ratio decreased in the most recent quarter compared to the previous quarter, which could indicate a slight deterioration in liquidity.

Overall, Lattice Semiconductor's current ratio of around 3.00 to 4.00 suggests that the company is adequately positioned to meet its short-term financial obligations, but monitoring any further changes in the ratio is advisable to ensure continued liquidity stability.