Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Advanced Micro Devices Inc., liquidity ratios

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Current ratio 2.62 2.51 2.36 2.02 2.54
Quick ratio 1.66 1.67 1.57 1.49 1.81
Cash ratio 0.70 0.86 0.92 0.85 0.95

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Advanced Micro Devices Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Advanced Micro Devices Inc. quick ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Advanced Micro Devices Inc. cash ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Current Ratio

Advanced Micro Devices Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Current assets 19,049 16,768 15,019 8,583 6,143
Current liabilities 7,281 6,689 6,369 4,240 2,417
Liquidity Ratio
Current ratio1 2.62 2.51 2.36 2.02 2.54
Benchmarks
Current Ratio, Competitors2
Analog Devices Inc. 1.84 1.37 2.02 1.94 1.84
Applied Materials Inc. 2.51 2.60 2.16 2.54 3.00
Broadcom Inc. 1.17 2.82 2.62 2.64 1.87
Intel Corp. 1.33 1.54 1.57 2.10 1.91
KLA Corp. 2.15 2.24 2.50 2.71 2.78
Lam Research Corp. 2.97 3.16 2.69 3.30 3.43
Micron Technology Inc. 2.64 4.46 2.89 3.10 2.71
Monolithic Power Systems Inc. 5.31 7.74 5.36 4.96 5.73
NVIDIA Corp. 4.17 3.52 6.65 4.09 7.67
Qualcomm Inc. 2.40 2.33 1.75 1.68 2.14
Texas Instruments Inc. 4.12 4.55 4.70 5.33 4.28
Current Ratio, Sector
Semiconductors & Semiconductor Equipment 2.15 2.46 2.35 2.47 2.47
Current Ratio, Industry
Information Technology 1.24 1.41 1.37 1.55 1.71

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 19,049 ÷ 7,281 = 2.62

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Advanced Micro Devices Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024.

Quick Ratio

Advanced Micro Devices Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,787 3,933 4,835 2,535 1,595
Short-term investments 1,345 1,840 1,020 1,073 695
Accounts receivable, net 6,192 4,323 4,126 2,706 2,066
Receivables from related parties 113 9 2 2 10
Unbilled receivables 628 1,053
Total quick assets 12,065 11,158 9,983 6,316 4,366
 
Current liabilities 7,281 6,689 6,369 4,240 2,417
Liquidity Ratio
Quick ratio1 1.66 1.67 1.57 1.49 1.81
Benchmarks
Quick Ratio, Competitors2
Analog Devices Inc. 1.24 0.76 1.34 1.24 1.31
Applied Materials Inc. 1.74 1.63 1.17 1.64 1.95
Broadcom Inc. 0.82 2.34 2.18 2.27 1.56
Intel Corp. 0.72 1.01 1.01 1.38 1.24
KLA Corp. 1.36 1.33 1.57 1.81 1.82
Lam Research Corp. 1.93 1.95 1.72 2.11 2.22
Micron Technology Inc. 1.59 2.53 1.92 2.17 1.82
Monolithic Power Systems Inc. 3.72 5.84 3.50 3.66 4.50
NVIDIA Corp. 3.38 2.61 5.96 3.56 7.04
Qualcomm Inc. 1.64 1.51 1.01 1.34 1.75
Texas Instruments Inc. 2.55 3.12 3.67 4.45 3.34
Quick Ratio, Sector
Semiconductors & Semiconductor Equipment 1.42 1.64 1.63 1.80 1.79
Quick Ratio, Industry
Information Technology 0.96 1.12 1.08 1.30 1.46

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 12,065 ÷ 7,281 = 1.66

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Advanced Micro Devices Inc. quick ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.

Cash Ratio

Advanced Micro Devices Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,787 3,933 4,835 2,535 1,595
Short-term investments 1,345 1,840 1,020 1,073 695
Total cash assets 5,132 5,773 5,855 3,608 2,290
 
Current liabilities 7,281 6,689 6,369 4,240 2,417
Liquidity Ratio
Cash ratio1 0.70 0.86 0.92 0.85 0.95
Benchmarks
Cash Ratio, Competitors2
Analog Devices Inc. 0.79 0.30 0.60 0.71 0.77
Applied Materials Inc. 1.12 0.93 0.35 0.86 1.29
Broadcom Inc. 0.56 1.92 1.76 1.94 1.20
Intel Corp. 0.62 0.89 0.88 1.03 0.97
KLA Corp. 0.97 0.87 0.94 1.19 1.17
Lam Research Corp. 1.35 1.28 0.77 1.25 1.55
Micron Technology Inc. 0.88 2.01 1.24 1.34 1.23
Monolithic Power Systems Inc. 2.93 4.86 2.80 3.19 4.05
NVIDIA Corp. 2.44 2.03 4.89 2.95 6.11
Qualcomm Inc. 1.27 1.18 0.54 1.04 1.29
Texas Instruments Inc. 2.08 2.58 3.04 3.79 2.75
Cash Ratio, Sector
Semiconductors & Semiconductor Equipment 1.00 1.24 1.15 1.31 1.33
Cash Ratio, Industry
Information Technology 0.57 0.71 0.66 0.89 1.06

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 5,132 ÷ 7,281 = 0.70

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Advanced Micro Devices Inc. cash ratio deteriorated from 2022 to 2023 and from 2023 to 2024.