Lattice Semiconductor Corporation (LSCC)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 136,291 | 128,317 | 145,722 | 131,570 | 182,332 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 99,622 | 97,400 | 127,373 | 106,181 | 79,731 |
| Quick ratio | 1.37 | 1.32 | 1.14 | 1.24 | 2.29 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($136,291K
+ $—K
+ $—K)
÷ $99,622K
= 1.37
The quick ratio of Lattice Semiconductor Corporation has shown a downward trend over the past five years, starting at 2.29 in December 31, 2020, and gradually decreasing to 1.37 by December 31, 2024.
A quick ratio above 1 indicates that the company has sufficient liquid assets to cover its current liabilities. While the quick ratio has decreased over the years, it still remains above 1, indicating that the company has maintained its ability to meet its short-term obligations with its liquid assets.
However, the declining trend signals that the company's liquidity position has weakened slightly over time, which may require closer monitoring to ensure its ability to meet short-term financial obligations in the future.
Peer comparison
Dec 31, 2024