PDF Solutions Inc (PDFS)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 90,594 | 98,978 | 119,624 | 27,684 | 30,315 |
| Short-term investments | US$ in thousands | 24,291 | 36,544 | 19,557 | 112,542 | 114,981 |
| Total current liabilities | US$ in thousands | 60,542 | 50,843 | 58,200 | 43,826 | 42,205 |
| Cash ratio | 1.90 | 2.67 | 2.39 | 3.20 | 3.44 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($90,594K
+ $24,291K)
÷ $60,542K
= 1.90
The cash ratio of PDF Solutions Inc has shown a decreasing trend over the past five years, declining from 3.44 in December 2020 to 1.90 in December 2024. Although the cash ratio above 1 indicates that the company has sufficient cash to cover its short-term liabilities, the decreasing trend may indicate potential liquidity challenges in recent years. It is essential for the company to closely monitor its cash management strategies and ensure adequate liquidity to meet its obligations in the short term.
Peer comparison
Dec 31, 2024