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Silicon Motion Technology Corporation (SIMO) |
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Silicon Motion Technology's Quick Ratio
SIMO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 1.71 below Silicon Motion Technology's average Quick Ratio.
Within Semiconductors industry 29 other companies have achieved higher Quick Ratio than Silicon Motion Technology in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 992, from total ranking in the third quarter 2023 at 1460.
Explain Quick Ratio?
How much Cash & cash equivalents SIMO´s has?
What are SIMO´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SIMO Quick Ratio |
(Dec 31 2023) IV. Quarter |
0 III. Quarter |
0 II. Quarter |
0 I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities Change |
15.74 % |
15.74 % |
15.74 % |
15.74 % |
-34.69 % |
Y / Y Cash & cash equivalent Change |
29.21 % |
29.21 % |
29.21 % |
29.21 % |
-31.06 % |
Quick Ratio MRQ |
1.71 |
1.71 |
1.71 |
1.71 |
1.53 |
SIMO's Total
Ranking |
# 992 |
# 1460 |
# 1570 |
# 1614 |
# 1832 |
Seq. Current Liabilities Change |
0 % |
0 % |
0 % |
15.74 % |
0 % |
Seq. Cash & cash equivalent Change |
0 % |
0 % |
0 % |
29.21 % |
0 % |
Quick Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Semiconductors Industry |
# 30 |
Technology Sector |
# 176 |
Overall Market |
# 974 |
Quick Ratio Statistics |
High |
Average |
Low |
6.84 |
2.84 |
1.45 |
(Dec 31 2013) |
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(Dec 31 2021) |
Cumulative Silicon Motion Technology's Quick Ratio
SIMO's Quick Ratio for the trailling 12 Months
SIMO Quick Ratio |
(Dec 31 2023) IV. Quarter |
0 III. Quarter |
0 II. Quarter |
0 I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities TTM Growth |
15.74 % |
15.74 % |
15.74 % |
15.74 % |
-34.69 % |
Y / Y Cash & cash equivalent TTM Growth |
29.21 % |
29.21 % |
29.21 % |
29.21 % |
-31.06 % |
Quick Ratio TTM |
1.71 |
1.67 |
1.63 |
1.58 |
1.53 |
Total
Ranking TTM |
# 775
| # 3046
| # 3009
| # 3010
| # 3218
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Seq. Current Liabilities TTM Growth |
0 % |
0 % |
0 % |
15.74 % |
0 % |
Seq. Cash & cash equivalent TTM Growth |
0 % |
0 % |
0 % |
29.21 % |
0 % |
On the trailing twelve months basis SIMO Cash & cash equivalent grew by 29.21 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Silicon Motion Technology's Quick Ratio to 1.71, Quick Ratio remained below SIMO average. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Semiconductors industry 30 other companies have achieved higher Quick Ratio than Silicon Motion Technology. While Quick Ratio overall ranking has improved so far to 775, from total ranking during the twelve months ending third quarter 2023 at 3046.
Explain Quick Ratio?
How much Cash & cash equivalents SIMO´s has?
What are SIMO´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Semiconductors Industry |
# 31 |
Technology Sector |
# 161 |
Within the Market |
# 775 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
2.71 |
2.16 |
1.45 |
(Dec 31 2018) |
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(Dec 31 2021) |
Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Semiconductors Industry | Quick Ratio | Dec 31 2023 MRQ Cash & cash equivalent | Dec 31 2023 MRQ Current Liabilities | Macom Technology Solutions Holdings Inc | 4.50 | $ 463.291 Millions | $ 102.869 Millions | Tower Semiconductor Ltd | 4.47 | $ 1,236.447 Millions | $ 276.838 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 | Daqo New Energy Corp | 3.63 | $ 3,038.827 Millions | $ 836.429 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 | Silicon Motion Technology Corporation | 1.71 | $ 363.958 Millions | $ 212.810 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 | Taiwan Semiconductor Manufacturing Company Limited | 1.55 | $ 47,858.500 Millions | $ 30,790.500 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 | United Microelectronics Corporation | 1.30 | $ 4,333.238 Millions | $ 3,327.797 Millions | Amkor Technology Inc | 1.28 | $ 1,594.687 Millions | $ 1,244.491 Millions |
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