Vicor Corporation (VICR)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 277,273 | 267,605 | 251,884 | 239,172 | 242,219 | 227,784 | 203,829 | 192,897 | 190,611 | 182,098 | 187,677 | 191,050 | 182,418 | 178,663 | 159,763 | 127,411 | 161,742 | 203,605 | 196,704 | 82,751 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | 0 | 19,949 | 19,921 | 20,003 | 45,215 | 50,217 | 70,469 | 95,719 | 50,166 | 2,591 | — | — |
| Receivables | US$ in thousands | 52,948 | 58,525 | 54,857 | 57,604 | 52,631 | 62,638 | 63,818 | 61,061 | 65,429 | 56,287 | 54,536 | 52,659 | 55,097 | 51,080 | 55,012 | 47,697 | 40,999 | 41,136 | 48,502 | 41,279 |
| 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 |
| Quick ratio | 5.34 | 4.63 | 4.52 | 4.63 | 6.68 | 6.24 | 5.36 | 4.73 | 3.97 | 4.01 | 4.41 | 5.32 | 5.76 | 6.57 | 5.73 | 6.32 | 6.24 | 6.51 | 5.85 | 3.52 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($277,273K
+ $—K
+ $52,948K)
÷ $61,820K
= 5.34
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. Vicor Corporation's quick ratio has fluctuated over the periods provided.
As of December 31, 2024, the quick ratio stands at 5.34, indicating that the company had $5.34 in liquid assets available to cover each dollar of its current liabilities. This suggests that Vicor Corporation may have a strong ability to meet its short-term financial commitments.
However, it is essential to note the trend in the quick ratio over time. There was a slight decrease from the previous quarter's ratio of 4.63, which could indicate a potential liquidity concern. Further monitoring will be necessary to assess whether this deviation is a one-time occurrence or part of a larger trend.
Overall, while the current quick ratio indicates a healthy liquidity position for Vicor Corporation, analysts should continue to monitor this ratio in conjunction with other financial metrics to get a comprehensive view of the company's financial health.
Peer comparison
Dec 31, 2024