Transphorm Inc Quick Ratio (TGAN) starting from the third quarter 2023 to third quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Transphorm Inc   (NASDAQ: TGAN)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

Transphorm Inc 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.64 below Transphorm Inc average.

Within Semiconductors industry 61 other companies have achieved higher Quick Ratio than Transphorm Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1492 to 2208.

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




TGAN Quick Ratio (Dec 31 2023)
Q3
(Sep 30 2023)
Q2
(Jun 30 2023)
Q1
(Mar 31 2023)
Q4
(Dec 31 2022)
Q3
Y / Y Current Liabilities Change -32.53 % -55.65 % -58.91 % 384.26 % 194.05 %
Y / Y Cash & cash equivalent Change -65.65 % -81.63 % -92.23 % -53.56 % -42.8 %
Quick Ratio MRQ 0.64 0.74 0.43 0.61 1.26
TGAN's Total Ranking # 2208 # 1492 # 2555 # 2165 # 1194
Seq. Current Liabilities Change 48.82 % 7.67 % -69.74 % 39.15 % -2.18 %
Seq. Cash & cash equivalent Change 29.24 % 85.8 % -78.68 % -32.93 % -30.89 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 62
Technology Sector # 400
Overall Market # 2208


Quick Ratio Statistics
High Average Low
6.33 1.77 0.43
(Mar 31 2022)   (Jun 30 2023)




Financial Statements
Transphorm Inc 's Current Liabilities $ 12 Millions Visit TGAN's Balance sheet
Transphorm Inc 's Cash & cash equivalent $ 8 Millions Visit TGAN's Balance sheet
Source of TGAN's Sales Visit TGAN's Sales by Geography


Cumulative Transphorm Inc 's Quick Ratio

TGAN's Quick Ratio for the trailling 12 Months

TGAN Quick Ratio

(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
Y / Y Current Liabilities TTM Growth -11.81 % 22.11 % 34.93 % 70.92 % 6.6 %
Y / Y Cash & cash equivalent TTM Growth -75.18 % -67.91 % -36.3 % 46.5 % 143.84 %
Quick Ratio TTM 0.61 0.8 1.07 1.41 2.16
Total Ranking TTM # 4018 # 1620 # 3932 # 3880 # 3827
Seq. Current Liabilities TTM Growth -9.96 % -14.83 % -13.6 % 33.11 % 24.67 %
Seq. Cash & cash equivalent TTM Growth -31.57 % -36.23 % -34.24 % -13.5 % -11.54 %


On the trailing twelve months basis In spite of the year on year decrease in TGAN's Current Liabilities to $12.41 millions, cumulative Quick Ratio to 0.61 below the TGAN average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Semiconductors industry 99 other companies have achieved higher Quick Ratio than Transphorm Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 1620 to 4018.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Semiconductors Industry # 100
Technology Sector # 714
Within the Market # 4018


trailing twelve months Quick Ratio Statistics
High Average Low
2.27 1.42 0.65
(Sep 30 2022)   (Dec 31 2023)




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
Advanced Micro Devices Inc  1.56 $ 5,773.000  Millions$ 3,692.000  Millions
Eltek Ltd   1.56 $ 12.140  Millions$ 7.784  Millions
Micron Technology Inc   1.52 $ 9,048.000  Millions$ 5,962.000  Millions
Qorvo Inc   1.46 $ 808.757  Millions$ 555.763  Millions
Applied Materials Inc  1.45 $ 6,869.000  Millions$ 4,741.000  Millions
Taiwan Semiconductor Manufacturing Company Limited  1.44 $ 44,691.300  Millions$ 30,950.900  Millions
Emeren Group Ltd  1.39 $ 83.901  Millions$ 60.169  Millions
Stmicroelectronics N v   1.31 $ 4,857.000  Millions$ 3,705.000  Millions
Amkor Technology Inc   1.25 $ 1,594.687  Millions$ 1,276.028  Millions
Rambus Inc  1.23 $ 331.077  Millions$ 268.943  Millions
Silicon Motion Technology Corporation  1.22 $ 363.958  Millions$ 299.177  Millions
United Microelectronics Corporation  1.22 $ 4,046.752  Millions$ 3,327.797  Millions
Indie Semiconductor Inc   1.18 $ 151.678  Millions$ 128.521  Millions
Kopin Corporation  1.14 $ 17.403  Millions$ 15.306  Millions
On Semiconductor Corporation  1.14 $ 2,483.000  Millions$ 2,184.800  Millions
Ultra Clean Holdings Inc   1.05 $ 307.000  Millions$ 291.900  Millions
Supercom Ltd   1.05 $ 5.577  Millions$ 5.320  Millions
Solaredge Technologies Inc   1.03 $ 860.038  Millions$ 832.173  Millions
Nxp Semiconductors N v   0.92 $ 4,283.000  Millions$ 4,643.000  Millions
Penguin Solutions Inc   0.92 $ 390.814  Millions$ 426.250  Millions
Netlist Inc  0.90 $ 40.445  Millions$ 45.021  Millions
Ftc Solar Inc   0.90 $ 25.235  Millions$ 28.158  Millions
Ichor Holdings Ltd   0.89 $ 79.955  Millions$ 89.499  Millions
Sealsq Corp  0.84 $ 6.899  Millions$ 8.254  Millions
Chipmos Technologies Inc   0.83 $ 403.476  Millions$ 486.993  Millions
Lattice Semiconductor Corp  0.81 $ 128.317  Millions$ 158.812  Millions
Skyworks Solutions Inc   0.77 $ 734.400  Millions$ 955.700  Millions
Emcore Corporation  0.77 $ 21.174  Millions$ 27.616  Millions
Peraso Inc  0.76 $ 3.167  Millions$ 4.164  Millions
Diodes Inc  0.75 $ 325.631  Millions$ 431.877  Millions

Date modified: 2026-06-22T14:32:37+00:00



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