Vishay Intertechnology Inc (VSH)
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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
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 exhibited variations over the past years. Starting at 1.68 on March 31, 2020, the ratio decreased to 1.20 by June 30, 2022, before experiencing fluctuations over the subsequent periods. The quick ratio indicates the company's ability to cover its current liabilities with its most liquid assets. A quick ratio above 1 suggests that the company has an adequate level of liquid assets to meet its short-term obligations. However, the decreasing trend in the quick ratio from 2022 to 2024, falling to as low as 0.86 on December 31, 2024, may raise concerns about the company's liquidity position and its ability to meet short-term financial obligations. Further monitoring of the quick ratio will be essential to assess the company's liquidity position and financial health effectively.
Peer comparison
Dec 31, 2024