Current Ratio
since 2012
Calculation
Enphase Energy Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 4.59 | = | 2,443,518) | ÷ | 532,449) |
| Dec 31, 2022 | 3.55 | = | 2,264,271) | ÷ | 638,219) |
| Dec 31, 2021 | 3.33 | = | 1,462,461) | ÷ | 439,796) |
| Dec 31, 2020 | 1.75 | = | 933,064) | ÷ | 534,043) |
| Dec 31, 2019 | 2.51 | = | 499,657) | ÷ | 199,311) |
| Dec 31, 2018 | 1.51 | = | 222,302) | ÷ | 147,161) |
| Dec 31, 2017 | 1.42 | = | 130,446) | ÷ | 91,741) |
| Dec 31, 2016 | 1.42 | = | 117,864) | ÷ | 82,772) |
| Dec 31, 2015 | 1.67 | = | 121,768) | ÷ | 72,848) |
| Dec 31, 2014 | 1.96 | = | 114,896) | ÷ | 58,706) |
| Dec 31, 2013 | 2.71 | = | 90,509) | ÷ | 33,365) |
| Dec 31, 2012 | 2.81 | = | 94,998) | ÷ | 33,855) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 US$ in thousands
Comparison to Competitors
Enphase Energy Inc., current ratio, long-term trends, comparison to competitors
| Enphase Energy Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | First Solar Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 4.59 | 2.51 | 1.37 | 2.60 | 2.82 | 3.55 | 1.54 | 2.24 | 3.16 | 4.46 | 3.52 | 2.33 | 4.55 |
| Dec 31, 2022 | 3.55 | 2.36 | 2.02 | 2.16 | 2.62 | 3.65 | 1.57 | 2.50 | 2.69 | 2.89 | 6.65 | 1.75 | 4.70 |
| Dec 31, 2021 | 3.33 | 2.02 | 1.94 | 2.54 | 2.64 | 4.39 | 2.10 | 2.71 | 3.30 | 3.10 | 4.09 | 1.68 | 5.33 |
| Dec 31, 2020 | 1.75 | 2.54 | 1.84 | 3.00 | 1.87 | 3.56 | 1.91 | 2.78 | 3.43 | 2.71 | 7.67 | 2.14 | 4.28 |
| Dec 31, 2019 | 2.51 | 1.95 | 1.32 | 2.30 | 1.44 | 2.73 | 1.40 | 2.44 | 3.61 | 2.58 | 7.94 | 1.88 | 4.13 |
| Dec 31, 2018 | 1.51 | 1.78 | 1.50 | 2.64 | 3.90 | 4.57 | 1.73 | 3.73 | 2.90 | 2.79 | 8.03 | 1.55 | 3.27 |
| Dec 31, 2017 | 1.42 | 1.76 | 1.47 | 3.14 | 6.26 | 5.89 | 1.69 | 3.40 | 3.10 | 2.34 | 4.77 | 4.00 | 3.87 |
| Dec 31, 2016 | 1.42 | 1.88 | 6.35 | 2.30 | 2.31 | 4.21 | 1.75 | 3.86 | 3.81 | 1.96 | 2.57 | 3.14 | 3.29 |
| Dec 31, 2015 | 1.67 | 1.65 | 3.66 | 2.44 | 3.37 | 3.48 | 2.58 | 3.90 | 2.38 | 2.20 | 6.38 | 3.62 | 2.77 |
| Dec 31, 2014 | 1.96 | 1.90 | 5.38 | 2.47 | 3.77 | 3.19 | 1.73 | 5.12 | 3.02 | 2.13 | 5.95 | 3.73 | 2.92 |
| Dec 31, 2013 | 2.71 | 1.78 | 9.59 | 2.31 | 4.30 | 2.39 | 2.36 | 5.05 | 2.70 | 2.16 | 4.89 | 3.75 | 2.92 |
| Dec 31, 2012 | 2.81 | 1.62 | 8.94 | 2.25 | 4.89 | 2.57 | 2.43 | 4.83 | 3.09 | 2.57 | 4.20 | 2.95 | 2.40 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Enphase Energy Inc., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Enphase Energy Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 31, 2023 | 4.59 | 2.46 |
| Dec 31, 2022 | 3.55 | 2.36 |
| Dec 31, 2021 | 3.33 | 2.48 |
| Dec 31, 2020 | 1.75 | 2.48 |
| Dec 31, 2019 | 2.51 | 2.06 |
| Dec 31, 2018 | 1.51 | 2.35 |
| Dec 31, 2017 | 1.42 | 2.94 |
| Dec 31, 2016 | 1.42 | 2.42 |
| Dec 31, 2015 | 1.67 | 2.84 |
| Dec 31, 2014 | 1.96 | 2.60 |
| Dec 31, 2013 | 2.71 | 2.84 |
| Dec 31, 2012 | 2.81 | 2.75 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Industry (Information Technology)
Enphase Energy Inc., current ratio, long-term trends, comparison to industry (information technology)
| Enphase Energy Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 4.59 | 1.46 |
| Dec 31, 2022 | 3.55 | 1.43 |
| Dec 31, 2021 | 3.33 | 1.64 |
| Dec 31, 2020 | 1.75 | 1.85 |
| Dec 31, 2019 | 2.51 | 1.77 |
| Dec 31, 2018 | 1.51 | 1.88 |
| Dec 31, 2017 | 1.42 | 2.04 |
| Dec 31, 2016 | 1.42 | 2.01 |
| Dec 31, 2015 | 1.67 | 2.03 |
| Dec 31, 2014 | 1.96 | 1.98 |
| Dec 31, 2013 | 2.71 | 2.20 |
| Dec 31, 2012 | 2.81 | 2.07 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).