Vicor Corporation (VICR)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 463,034 | 450,824 | 435,335 | 428,265 | 420,366 | 398,967 | 378,786 | 366,370 | 362,604 | 358,153 | 352,331 | 344,594 | 356,760 | 350,002 | 349,030 | 332,037 | 316,932 | 309,782 | 308,678 | 185,190 |
| Total current liabilities | US$ in thousands | 61,820 | 70,371 | 67,836 | 64,081 | 44,169 | 46,533 | 49,976 | 53,672 | 64,549 | 64,359 | 59,453 | 49,560 | 49,093 | 42,615 | 49,777 | 42,878 | 40,513 | 37,998 | 41,919 | 35,220 |
| Current ratio | 7.49 | 6.41 | 6.42 | 6.68 | 9.52 | 8.57 | 7.58 | 6.83 | 5.62 | 5.56 | 5.93 | 6.95 | 7.27 | 8.21 | 7.01 | 7.74 | 7.82 | 8.15 | 7.36 | 5.26 |
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 a fluctuating trend over the past few years, ranging from a low of 5.26 in March 2020 to a high of 9.52 in December 2023. The current ratio measures the company's ability to meet its short-term obligations with its current assets.
Generally, a current ratio above 1 indicates that a company has more current assets than current liabilities, suggesting a strong liquidity position. Vicor Corporation has maintained a current ratio consistently above 1, indicating its ability to cover its short-term obligations.
The current ratio peaked at 9.52 in December 2023, reflecting a significant increase in current assets relative to current liabilities at that point in time. However, the ratio dipped to 5.56 in September 2022, which could indicate a temporary decrease in liquidity.
Overall, the current ratio of Vicor Corporation has shown resilience and consistency, with fluctuations possibly influenced by factors such as seasonality, business cycles, and strategic decisions related to managing current assets and liabilities. Monitoring this ratio over time can provide insights into the company's liquidity position and its ability to meet short-term financial obligations.
Peer comparison
Dec 31, 2024