MaxLinear Inc (MXL)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 323,442 | 488,025 | 563,124 | 404,104 | 361,718 |
| Total current liabilities | US$ in thousands | 182,284 | 222,129 | 341,086 | 207,395 | 233,661 |
| Current ratio | 1.77 | 2.20 | 1.65 | 1.95 | 1.55 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $323,442K ÷ $182,284K
= 1.77
The current ratio for MaxLinear Inc has shown a fluctuating trend over the past five years. Starting at 1.55 in December 31, 2020, the ratio increased to 1.95 by December 31, 2021, indicating an improvement in the company's short-term liquidity position. However, in the following years, the current ratio fluctuated further, reaching a peak of 2.20 on December 31, 2023, before decreasing to 1.77 by December 31, 2024.
Overall, the current ratio of MaxLinear Inc suggests that the company has generally been able to meet its short-term obligations with its current assets over the period under review. However, the fluctuations in the ratio may indicate varying levels of efficiency in managing current liabilities and assets, which should be further analyzed to understand the company's liquidity position more comprehensively.
Peer comparison
Dec 31, 2024