Vishay Intertechnology Inc (VSH)

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 1,915,510 2,010,770 1,997,220 2,143,140 2,297,160 2,440,130 2,395,250 2,305,900 2,121,210 2,110,290 2,070,420 2,070,210 2,010,500 1,974,000 1,911,670 1,780,920 1,697,340 1,615,340 1,623,020 1,725,190
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
Current ratio 2.70 2.81 2.98 3.02 3.32 3.40 3.16 3.08 2.92 2.94 2.94 3.06 2.90 3.06 2.99 3.03 3.02 3.21 3.22 3.52

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 demonstrated some fluctuations over the past few years, ranging from a high of 3.52 in March 2020 to a low of 2.70 in December 2024. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A higher current ratio generally indicates a strong liquidity position, as the company has more current assets to cover its current liabilities.

In the case of Vishay Intertechnology Inc, the current ratio has typically remained above 3, suggesting that the company has a comfortable buffer to meet its short-term obligations. However, it is important to note the downward trend in the current ratio in recent periods, which may indicate a slight weakening in the company's liquidity position. Management should closely monitor this trend to ensure the company maintains a healthy liquidity position to meet its short-term obligations effectively.


Peer comparison

Dec 31, 2024

Company name
Symbol
Current ratio
Vishay Intertechnology Inc
VSH
2.70
Hubbell Inc
HUBB
1.64
Mercury Systems Inc
MRCY
4.07
Universal Display
OLED
7.18