NXP Semiconductors NV (NXPI)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,305,000 | 7,864,000 | 6,935,000 | 5,228,000 | 4,324,000 |
| Total current liabilities | US$ in thousands | 3,098,000 | 4,111,000 | 3,270,000 | 2,452,000 | 2,017,000 |
| Current ratio | 2.36 | 1.91 | 2.12 | 2.13 | 2.14 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,305,000K ÷ $3,098,000K
= 2.36
The current ratio of NXP Semiconductors NV has shown a relatively stable trend over the past five years. It was 2.14 as of December 31, 2020, and slightly decreased to 2.13 in 2021 and 2.12 in 2022. However, there was a notable decline in 2023 when the current ratio dropped to 1.91, indicating potential liquidity challenges. The ratio then rebounded to 2.36 by the end of 2024, suggesting improved short-term liquidity and ability to meet current obligations. Overall, the company's current ratio reflects a generally healthy liquidity position with some fluctuations observed over the period under review.
Peer comparison
Dec 31, 2024