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Silicon Motion Technology Corporation  (SIMO)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

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?


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)   (Dec 31 2021)




Financial Statements
Silicon Motion Technology's Current Liabilities $ 213 Millions Visit SIMO's Balance sheet
Silicon Motion Technology's Cash & cash equivalent $ 364 Millions Visit SIMO's Balance sheet
Source of SIMO's Sales Visit SIMO's Sales by Geography


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
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)   (Dec 31 2021)




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
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

Date modified: 2024-05-01T13:05:29+00:00



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