Sandisk Corp (SNDK)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,086,000 | 5,090,000 | 4,456,000 | 4,388,000 | 3,548,000 | — | — | — | 6,153,380 | 5,659,790 | 3,613,650 | 3,657,360 | 3,752,990 | 4,200,120 | 4,354,130 | 4,614,710 | 4,508,020 | 4,650,720 | 3,947,900 | 4,294,880 |
| Total current liabilities | US$ in thousands | 1,427,000 | 1,375,000 | 1,873,000 | 1,472,000 | 2,123,000 | — | — | — | 3,692,610 | 2,003,480 | 1,139,010 | 2,037,060 | 2,090,680 | 2,190,880 | 2,214,950 | 1,956,780 | 1,878,400 | 1,230,580 | 1,192,650 | 1,107,980 |
| Current ratio | 3.56 | 3.70 | 2.38 | 2.98 | 1.67 | — | — | — | 1.67 | 2.82 | 3.17 | 1.80 | 1.80 | 1.92 | 1.97 | 2.36 | 2.40 | 3.78 | 3.31 | 3.88 |
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 period indicates fluctuations in liquidity levels. During the first half of 2013, the current ratio remained relatively high, with values of 3.88 in June and 3.31 in September, suggesting a strong liquidity position. The ratio experienced a slight increase to 3.78 by the end of 2013. However, a noticeable decline commenced in the first quarter of 2014, with the ratio decreasing to 2.40, and further diminishing to 2.36 in June 2014, continuing the downward trend.
This decline persisted into late 2014 and early 2015, with the ratio reaching approximately 1.80 by March 2015 and remaining at similar levels through mid-2015. Notably, there was a temporary resurgence in liquidity during the third quarter of 2015, with the current ratio climbing to 3.17, before declining again to 2.82 by the end of that year. The first quarter of 2016 saw the ratio decrease further to 1.67, which suggests a reduction in short-term liquidity.
Following this period, the data from late 2015 onward illustrates some variability but overall indicates a trend of fluctuating liquidity levels. In 2024, the ratio increased to 2.98 in September before decreasing to 2.38 by the end of the year. projections for 2025 demonstrate an optimistic outlook, with the ratio expected to rise significantly to 3.70 in March and 3.56 in June.
Overall, the historical trend reflects periods of both strong and weakened liquidity, with the most recent data projecting a rebound in current ratio levels, approaching or exceeding 3.0 in early and mid-2025, thereby indicating an improved ability to meet short-term obligations.
Peer comparison
Jun 30, 2025