Vishay Intertechnology Inc (VSH)
Cash 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 and cash equivalents | US$ in thousands | 590,286 | 643,771 | 672,731 | 796,541 | 972,719 | 1,095,120 | 1,089,420 | 847,534 | 610,825 | 734,992 | 765,593 | 789,248 | 774,108 | 831,760 | 726,759 | 643,847 | 619,874 | 682,422 | 599,930 | 680,703 |
| Short-term investments | US$ in thousands | 16,130 | 13,491 | 15,320 | 37,418 | 35,808 | 78,994 | 14,366 | 186,892 | 305,272 | 182,646 | 81,112 | 96,561 | 146,743 | 84,177 | 129,035 | 137,348 | 158,476 | 29,538 | 157,246 | 140,725 |
| Total current liabilities | US$ in thousands | 708,348 | 714,426 | 669,959 | 709,344 | 691,875 | 716,949 | 758,374 | 749,254 | 726,258 | 716,964 | 704,102 | 676,383 | 693,667 | 645,734 | 639,114 | 588,046 | 562,423 | 503,274 | 503,376 | 490,273 |
| Cash ratio | 0.86 | 0.92 | 1.03 | 1.18 | 1.46 | 1.64 | 1.46 | 1.38 | 1.26 | 1.28 | 1.20 | 1.31 | 1.33 | 1.42 | 1.34 | 1.33 | 1.38 | 1.41 | 1.50 | 1.68 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($590,286K
+ $16,130K)
÷ $708,348K
= 0.86
The cash ratio of Vishay Intertechnology Inc has shown a declining trend over the past few years, starting at a relatively healthy level of 1.68 as of March 31, 2020, and dropping to 0.86 as of December 31, 2024. This indicates that the company may be less capable of covering its short-term liabilities solely with its cash and cash equivalents.
A cash ratio above 1 is generally considered favorable, as it suggests that a company has enough cash to cover its short-term obligations. However, the decreasing trend in Vishay Intertechnology Inc's cash ratio may raise concerns about its liquidity position and ability to meet upcoming financial obligations without relying on other sources of funding.
It is important for investors and stakeholders to closely monitor Vishay Intertechnology Inc's cash ratio and assess the company's overall liquidity position in conjunction with other financial metrics to gain a comprehensive understanding of its financial health and risk profile.
Peer comparison
Dec 31, 2024