Vishay Intertechnology Inc (VSH)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 590,286 | 972,719 | 610,825 | 774,108 | 619,874 |
| Short-term investments | US$ in thousands | 16,130 | 35,808 | 305,272 | 146,743 | 158,476 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 708,348 | 691,875 | 726,258 | 693,667 | 562,423 |
| Quick ratio | 0.86 | 1.46 | 1.26 | 1.33 | 1.38 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($590,286K
+ $16,130K
+ $—K)
÷ $708,348K
= 0.86
The quick ratio of Vishay Intertechnology Inc has been relatively stable over the years, starting at 1.38 in December 31, 2020, declining slightly to 1.33 by December 31, 2021, and further decreasing to 1.26 by December 31, 2022. However, there was a noticeable improvement by December 31, 2023, where the quick ratio increased to 1.46. Interestingly, there was a significant drop in the quick ratio to 0.86 by December 31, 2024, which may raise some concerns about the company's ability to meet its short-term obligations with its most liquid assets. Overall, the fluctuation in the quick ratio indicates some variability in Vishay Intertechnology Inc's liquidity position over the years, and further analysis of the company's asset and liability composition may be warranted to better understand the underlying factors contributing to these changes.
Peer comparison
Dec 31, 2024