Silicon Laboratories Inc (SLAB)

Current 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
Total current assets	US$ in thousands	602,033	614,136	600,046	646,120	737,931	773,535	820,977	1,460,740	1,461,360	1,625,640	1,709,960	2,123,400	2,238,570	2,920,150	1,161,000	860,931	975,821	937,649	917,437	1,248,040
Total current liabilities	US$ in thousands	97,883	118,305	100,113	111,359	163,570	165,143	218,546	693,331	185,776	205,701	232,119	246,208	668,827	458,375	154,882	150,799	284,498	151,146	135,000	446,733
Current ratio		6.15	5.19	5.99	5.80	4.51	4.68	3.76	2.11	7.87	7.90	7.37	8.62	3.35	6.37	7.50	5.71	3.43	6.20	6.80	2.79

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $602,033K ÷ $97,883K
= 6.15

The current ratio of Silicon Laboratories Inc has displayed fluctuations over the reported periods. As of December 31, 2024, the current ratio stands at 6.15, indicating that the company has $6.15 in current assets for every $1 in current liabilities. This suggests a strong ability to cover its short-term obligations with its current assets.

The current ratio reached its highest point at 8.62 on March 31, 2022, reflecting a peaked level of liquidity during that period. Conversely, the current ratio hit its lowest point at 2.11 on March 31, 2023, indicating a temporary strain on the company's ability to meet its short-term obligations with its current assets.

Overall, the current ratio trend for Silicon Laboratories Inc has shown variability, with periods of both strength and relative weakness in liquidity. It is important for stakeholders to closely monitor these fluctuations to assess the company's short-term financial health and ability to meet its upcoming obligations.