MACOM Technology Solutions Holdings Inc (MTSI)
Current ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 903,078 | 843,612 | 798,438 | 744,951 | 761,193 | 852,051 | 848,316 | 847,633 | 813,083 | 765,505 | 706,436 | 671,564 | 521,536 | 476,335 | 432,633 | 509,215 | 481,519 | 450,268 | 417,983 | 410,634 |
| Total current liabilities | US$ in thousands | 108,184 | 103,089 | 108,853 | 102,869 | 83,525 | 210,637 | 91,249 | 93,784 | 97,214 | 101,433 | 94,323 | 97,191 | 93,044 | 87,104 | 88,573 | 98,156 | 94,950 | 95,017 | 92,964 | 94,639 |
| Current ratio | 8.35 | 8.18 | 7.34 | 7.24 | 9.11 | 4.05 | 9.30 | 9.04 | 8.36 | 7.55 | 7.49 | 6.91 | 5.61 | 5.47 | 4.88 | 5.19 | 5.07 | 4.74 | 4.50 | 4.34 |
September 30, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $903,078K ÷ $108,184K
= 8.35
The current ratio of MACOM Technology Solutions Holdings Inc has shown a generally strong trend over the past several quarters, indicating a healthy liquidity position. The current ratio is a measure of a company's ability to cover its short-term obligations with its current assets.
The current ratio has consistently been above 1.0, which suggests that the company has more than enough current assets to cover its current liabilities. A current ratio above 1.0 is typically considered favorable, as it indicates that the company is in a strong position to meet its short-term financial obligations.
Furthermore, the current ratio has exhibited some fluctuation, with the ratio ranging from 4.05 to 9.30 over the periods presented. Despite this variability, the current ratio has generally remained well above 1.0, reflecting the company's ability to manage its short-term financial commitments effectively.
Overall, based on the current ratio trend, MACOM Technology Solutions Holdings Inc appears to have a solid liquidity position and the ability to meet its short-term financial obligations.
Peer comparison
Sep 30, 2024