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Enphase Energy Inc   (ENPH)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

Enphase Energy Inc 's Quick Ratio

ENPH's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Current Liabilities decreased faster than Enphase Energy Inc 's Cash & cash equivalent, this led to improvement in Enphase Energy Inc 's Quick Ratio to 4.09, above Enphase Energy Inc average Quick Ratio.

Within Semiconductors industry 2 other companies have achieved higher Quick Ratio than Enphase Energy Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 38, from total ranking in the third quarter 2023 at 49.

Explain Quick Ratio?
How much Cash & cash equivalents ENPH´s has?
What are ENPH´s Current Liabilities?


ENPH Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -24.35 % 40.31 % 56.29 % 63.47 % 45.17 %
Y / Y Cash & cash equivalent Change 5.1 % 25.87 % 44.29 % 67.23 % 58.64 %
Quick Ratio MRQ 4.09 2.7 2.84 2.83 2.95
ENPH's Total Ranking # 38 # 49 # 1030 # 1072 # 88
Seq. Current Liabilities Change -37.28 % 4.09 % 0.79 % 14.98 % 16.33 %
Seq. Cash & cash equivalent Change -4.98 % -0.92 % 1.24 % 10.26 % 13.8 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 3
Technology Sector # 10
Overall Market # 38


Quick Ratio Statistics
High Average Low
5.04 1.61 0.1
(Mar 31 2021)   (Jun 30 2016)




Financial Statements
Enphase Energy Inc 's Current Liabilities $ 414 Millions Visit ENPH's Balance sheet
Enphase Energy Inc 's Cash & cash equivalent $ 1,695 Millions Visit ENPH's Balance sheet
Source of ENPH's Sales Visit ENPH's Sales by Geography


Cumulative Enphase Energy Inc 's Quick Ratio

ENPH's Quick Ratio for the trailling 12 Months

ENPH Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -24.35 % 40.31 % 56.29 % 63.47 % 45.17 %
Y / Y Cash & cash equivalent TTM Growth 5.1 % 25.87 % 44.29 % 67.23 % 58.64 %
Quick Ratio TTM 3.02 2.82 2.9 2.95 2.95
Total Ranking TTM # 1995 # 3567 # 3661 # 3158 # 3159
Seq. Current Liabilities TTM Growth -37.28 % 4.09 % 0.79 % 14.98 % 16.33 %
Seq. Cash & cash equivalent TTM Growth -4.98 % -0.92 % 1.24 % 10.26 % 13.8 %


On the trailing twelve months basis ENPH Cash & cash equivalent improved by 5.1 % in IV Quarter 2023 year on year, while Current Liabilities plummeted to $414 millions, this led to increase in in Enphase Energy Inc 's Quick Ratio to 3.02, above ENPH average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Semiconductors industry 62 other companies have achieved higher Quick Ratio than Enphase Energy Inc . While Quick Ratio overall ranking has improved so far to 1995, from total ranking during the twelve months ending third quarter 2023 at 3567.

Explain Quick Ratio?
How much Cash & cash equivalents ENPH´s has?
What are ENPH´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Semiconductors Industry # 63
Technology Sector # 382
Within the Market # 1995


trailing twelve months Quick Ratio Statistics
High Average Low
3.4 1.34 0.19
(Dec 31 2021)   (Dec 31 2016)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Semiconductors Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Credo Technology Group Holding Ltd  10.18 $ 409.134  Millions$ 40.197  Millions
Power Integrations Inc   6.38 $ 311.569  Millions$ 48.867  Millions
Ipg Photonics Corp  5.48 $ 1,177.481  Millions$ 214.861  Millions
Atomera Incorporated  5.12 $ 19.531  Millions$ 3.814  Millions
Macom Technology Solutions Holdings Inc   4.50 $ 463.291  Millions$ 102.869  Millions
Enphase Energy Inc   4.09 $ 1,695.034  Millions$ 414.149  Millions
Kulicke And Soffa Industries Inc   3.91 $ 709.660  Millions$ 181.288  Millions
Pixelworks Inc  3.87 $ 47.544  Millions$ 12.297  Millions
Rambus Inc   3.71 $ 331.077  Millions$ 89.121  Millions
Nlight Inc   3.45 $ 112.882  Millions$ 32.752  Millions
Magnachip Semiconductor Corporation  3.37 $ 158.092  Millions$ 46.888  Millions
Navitas Semiconductor Corporation  3.03 $ 152.839  Millions$ 50.384  Millions
Photronics Inc   2.81 $ 521.514  Millions$ 185.289  Millions
Silicon Laboratories inc   2.72 $ 439.224  Millions$ 161.453  Millions
Cirrus Logic Inc   2.71 $ 483.931  Millions$ 178.594  Millions
Gsi Technology Inc  2.67 $ 21.575  Millions$ 8.074  Millions
Wolfspeed Inc   2.58 $ 1,731.300  Millions$ 671.200  Millions
Formfactor inc   2.51 $ 329.471  Millions$ 131.095  Millions
Nvidia Corp  2.44 $ 25,984.000  Millions$ 10,631.000  Millions
Viavi Solutions Inc   2.28 $ 571.800  Millions$ 251.300  Millions
Micropac Industries Inc   2.18 $ 10.299  Millions$ 4.723  Millions
Applied Materials Inc  1.91 $ 7,492.000  Millions$ 3,929.000  Millions
Skyworks Solutions Inc   1.70 $ 1,045.600  Millions$ 615.100  Millions
First Solar Inc   1.61 $ 2,102.489  Millions$ 1,306.158  Millions
Micron Technology Inc   1.52 $ 9,048.000  Millions$ 5,962.000  Millions
Smart Global Holdings Inc   1.50 $ 553.444  Millions$ 368.804  Millions
Lattice Semiconductor Corp  1.32 $ 128.317  Millions$ 97.400  Millions
Stmicroelectronics N v   1.30 $ 4,857.000  Millions$ 3,730.000  Millions
Amkor Technology Inc   1.28 $ 1,594.687  Millions$ 1,244.491  Millions
On Semiconductor Corporation  1.14 $ 2,483.000  Millions$ 2,182.800  Millions

Date modified: 2024-02-10T11:48:56+00:00



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