Super Micro Computer Inc (SMCI)

Current ratio

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Total current assets	US$ in thousands	8,931,960	9,054,620	3,179,430	2,806,320	1,867,260
Total current liabilities	US$ in thousands	2,345,720	2,403,940	1,374,650	1,470,020	968,896
Current ratio		3.81	3.77	2.31	1.91	1.93

June 30, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $8,931,960K ÷ $2,345,720K
= 3.81

The current ratio of Super Micro Computer Inc. has demonstrated a consistent upward trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 1.93 at the end of fiscal year 2021, marginally decreasing to 1.91 in 2022, indicating a relatively stable liquidity position during that period. Subsequently, there was a notable increase in 2023, with the ratio rising to 2.31, reflecting an improved ability to cover short-term liabilities with short-term assets. The trend accelerated further in 2024, with the current ratio reaching 3.77, implying a significant enhancement in liquidity and potentially a conservative approach to working capital management. This upward trajectory continued into 2025, where the current ratio slightly increased to 3.81, suggesting that the company's liquidity position has become markedly stronger. Overall, the progression indicates an improved capacity to meet short-term obligations, likely contributing to enhanced financial stability and reduced liquidity risk over the analyzed period.