Texas Instruments Incorporated (TXN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 15,026,000 | 15,122,000 | 14,021,000 | 13,685,000 | 10,239,000 |
| Total current liabilities | US$ in thousands | 3,643,000 | 3,320,000 | 2,985,000 | 2,569,000 | 2,390,000 |
| Current ratio | 4.12 | 4.55 | 4.70 | 5.33 | 4.28 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $15,026,000K ÷ $3,643,000K
= 4.12
The current ratio of Texas Instruments Incorporated has exhibited a generally favorable trend over the past five years, indicating a strong liquidity position. As of December 31, 2020, the company had a current ratio of 4.28, which increased to 5.33 by the end of 2021, showcasing an improvement in the ability to meet its short-term obligations. Subsequently, the current ratio slightly decreased to 4.70 by December 31, 2022, and further to 4.55 by December 31, 2023, suggesting a potential moderation in liquidity but remaining at a healthy level. By the end of 2024, the current ratio stood at 4.12, indicating that the company still maintains a robust capacity to cover its current liabilities with current assets. Overall, Texas Instruments has generally maintained a solid liquidity position throughout the years, which is crucial for supporting operational activities and weathering potential financial challenges.
Peer comparison
Dec 31, 2024