Semtech Corporation (SMTC)
Current ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 585,461 | 534,197 | 534,197 | 722,786 | 722,786 |
| Total current liabilities | US$ in thousands | 283,034 | 217,156 | 217,156 | 396,855 | 396,855 |
| Current ratio | 2.07 | 2.46 | 2.46 | 1.82 | 1.82 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $585,461K ÷ $283,034K
= 2.07
The current ratio of Semtech Corporation has shown a steady improvement over the years. As of January 31, 2025, the current ratio stands at 2.07, indicating that the company's current assets are more than twice its current liabilities. This signifies a healthy liquidity position, suggesting that Semtech has the ability to meet its short-term obligations comfortably. The trend of increasing current ratio from 1.82 in January 2023 to 2.07 in January 2025 reflects positively on the company's financial health and its effective management of current assets and liabilities.
Peer comparison
Jan 31, 2025