Lattice Semiconductor Corporation (LSCC)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 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 |
| Quick 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
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 exhibited fluctuations over the past few years. The quick ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, ranged from a high of 2.30 on March 31, 2021, to a low of 1.08 on September 30, 2022.
The trend shows a general decline in the quick ratio starting from the peak in March 2021, indicating a potential decrease in the company's ability to cover its current liabilities with its quick assets. However, the quick ratio has generally remained above 1, suggesting that Lattice Semiconductor has sufficient liquid assets to cover its short-term liabilities, although the margins have narrowed in recent periods.
It is important to note that a quick ratio above 1 indicates the company's short-term liquidity strength, but a lower quick ratio may imply a potential liquidity risk. Therefore, management should closely monitor the quick ratio trend and take appropriate steps to ensure the company maintains a healthy liquidity position to meet its obligations effectively.
Peer comparison
Dec 31, 2024