Vicor Corporation (VICR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 463,034 | 420,366 | 362,604 | 356,760 | 316,932 |
| Total current liabilities | US$ in thousands | 61,820 | 44,169 | 64,549 | 49,093 | 40,513 |
| Current ratio | 7.49 | 9.52 | 5.62 | 7.27 | 7.82 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $463,034K ÷ $61,820K
= 7.49
The current ratio of Vicor Corporation has shown fluctuations over the past five years. As of December 31, 2020, the current ratio stood at 7.82, indicating that the company had $7.82 in current assets for every dollar of current liabilities. By the end of December 31, 2021, the current ratio had slightly decreased to 7.27, suggesting a slight reduction in liquidity compared to the previous year.
However, by December 31, 2022, the current ratio decreased further to 5.62, which could indicate potential challenges in meeting short-term obligations. The following year, on December 31, 2023, there was a significant improvement in the current ratio to 9.52, reflecting a strong liquidity position for the company at that time.
The current ratio slightly decreased to 7.49 by December 31, 2024, indicating that Vicor Corporation still maintained a healthy level of current assets relative to current liabilities. Overall, the trend in the current ratio suggests some variability in Vicor's liquidity position over the five-year period, with particular attention required for the fluctuations in 2022 and 2023.
Peer comparison
Dec 31, 2024