Vishay Intertechnology Inc (VSH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,915,510 | 2,297,160 | 2,121,210 | 2,010,500 | 1,697,340 |
| Total current liabilities | US$ in thousands | 708,348 | 691,875 | 726,258 | 693,667 | 562,423 |
| Current ratio | 2.70 | 3.32 | 2.92 | 2.90 | 3.02 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,915,510K ÷ $708,348K
= 2.70
The current ratio of Vishay Intertechnology Inc has been relatively stable over the past five years, ranging from a high of 3.32 in December 31, 2023, to a low of 2.70 in December 31, 2024. Generally, a current ratio above 2 indicates that the company has more than enough current assets to cover its short-term liabilities. While the current ratio decreased slightly from 3.02 in December 31, 2020, to 2.90 in December 31, 2021, it remained within a healthy range. The slight improvement to 2.92 in December 31, 2022, followed by the increase to 3.32 in December 31, 2023, suggests an improvement in the company's short-term liquidity position. However, the drop to 2.70 in December 31, 2024, may indicate a temporary strain on liquidity. Overall, the current ratio trend of Vishay Intertechnology Inc indicates that the company has been managing its short-term obligations effectively, though fluctuations in the ratio should be closely monitored to ensure continued financial health.
Peer comparison
Dec 31, 2024