Sandisk Corp (SNDK)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,086,000 | 3,548,000 | 3,400,000 | 4,489,000 | 5,659,790 |
| Total current liabilities | US$ in thousands | 1,427,000 | 2,123,000 | 2,174,000 | 2,513,000 | 2,003,480 |
| Current ratio | 3.56 | 1.67 | 1.56 | 1.79 | 2.82 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,086,000K ÷ $1,427,000K
= 3.56
The analysis of Sandisk Corp's current ratio over the specified periods reveals notable fluctuations in liquidity position. As of December 31, 2015, the company's current ratio stood at 2.82, indicating a strong liquidity position characterized by well above current liabilities coverage. By June 30, 2022, the ratio had decreased to 1.79, suggesting a reduction in short-term liquidity but still maintaining a comfortable cushion. This downward trend continued by June 30, 2023, with the current ratio declining further to 1.56, approaching the generally accepted threshold of 1.0, which indicates that current assets slightly surpass current liabilities but with less margin.
However, the data indicates a partial recovery in subsequent periods, with the current ratio rising to 1.67 by June 30, 2024. This upward movement signifies an improvement in liquidity, though it still remains relatively modest compared to the 2015 figure. Notably, by June 30, 2025, the current ratio is projected to increase significantly to 3.56, reflecting a substantial strengthening in short-term liquidity and asset coverage of current liabilities.
Overall, the trend demonstrates a decline in Sandisk Corp’s liquidity from 2015 through 2023, followed by a recovery trajectory leading to a markedly improved position in 2025. This pattern may reflect operational, financial, or strategic changes affecting current assets and liabilities over time, with a notable emphasis on improved liquidity management or asset restructuring anticipated in the forecasted period.
Peer comparison
Jun 30, 2025