Stock Analysis on Net

Super Micro Computer Inc. (NASDAQ:SMCI)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Super Micro Computer Inc., liquidity ratios

Microsoft Excel
Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Current ratio 3.81 2.31 1.91 1.93 2.25 2.35
Quick ratio 1.88 1.16 0.75 0.72 0.87 1.06
Cash ratio 0.71 0.32 0.18 0.24 0.30 0.41

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Super Micro Computer 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. Super Micro Computer Inc. quick ratio improved from 2022 to 2023 and from 2023 to 2024.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Super Micro Computer Inc. cash ratio improved from 2022 to 2023 and from 2023 to 2024.

Current Ratio

Super Micro Computer Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Current assets 8,931,960 3,179,426 2,806,315 1,867,259 1,592,761 1,421,771
Current liabilities 2,345,721 1,374,652 1,470,024 968,896 707,635 605,969
Liquidity Ratio
Current ratio1 3.81 2.31 1.91 1.93 2.25 2.35
Benchmarks
Current Ratio, Competitors2
Apple Inc. 0.87 0.99 0.88 1.07 1.36 1.54
Arista Networks Inc. 4.36 4.39 4.29 4.34 4.99
Cisco Systems Inc. 0.91 1.38 1.43 1.49 1.72 1.51
Dell Technologies Inc. 0.74 0.82 0.80 0.80 0.70
Current Ratio, Sector
Technology Hardware & Equipment 0.91 1.04 0.95 1.08 1.24
Current Ratio, Industry
Information Technology 1.24 1.41 1.37 1.55 1.71

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 8,931,960 ÷ 2,345,721 = 3.81

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. Super Micro Computer Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024.

Quick Ratio

Super Micro Computer Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 1,669,766 440,459 267,397 232,266 210,533 248,164
Accounts receivable, net of allowance for credit losses 2,737,331 1,148,259 834,513 463,834 403,745 393,624
Total quick assets 4,407,097 1,588,718 1,101,910 696,100 614,278 641,788
 
Current liabilities 2,345,721 1,374,652 1,470,024 968,896 707,635 605,969
Liquidity Ratio
Quick ratio1 1.88 1.16 0.75 0.72 0.87 1.06
Benchmarks
Quick Ratio, Competitors2
Apple Inc. 0.75 0.84 0.71 0.91 1.22 1.38
Arista Networks Inc. 3.46 3.16 3.05 3.54 4.25
Cisco Systems Inc. 0.69 1.13 1.16 1.32 1.58 1.39
Dell Technologies Inc. 0.44 0.52 0.49 0.59 0.51
Quick Ratio, Sector
Technology Hardware & Equipment 0.72 0.83 0.72 0.89 1.08
Quick Ratio, Industry
Information Technology 0.96 1.12 1.08 1.30 1.46

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,407,097 ÷ 2,345,721 = 1.88

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. Super Micro Computer Inc. quick ratio improved from 2022 to 2023 and from 2023 to 2024.

Cash Ratio

Super Micro Computer Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 1,669,766 440,459 267,397 232,266 210,533 248,164
Total cash assets 1,669,766 440,459 267,397 232,266 210,533 248,164
 
Current liabilities 2,345,721 1,374,652 1,470,024 968,896 707,635 605,969
Liquidity Ratio
Cash ratio1 0.71 0.32 0.18 0.24 0.30 0.41
Benchmarks
Cash Ratio, Competitors2
Apple Inc. 0.37 0.42 0.31 0.50 0.86 0.95
Arista Networks Inc. 3.04 2.62 2.34 3.07 3.74
Cisco Systems Inc. 0.44 0.84 0.75 0.93 1.16 1.05
Dell Technologies Inc. 0.15 0.17 0.17 0.26 0.18
Cash Ratio, Sector
Technology Hardware & Equipment 0.37 0.44 0.34 0.50 0.72
Cash Ratio, Industry
Information Technology 0.57 0.71 0.66 0.89 1.06

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,669,766 ÷ 2,345,721 = 0.71

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. Super Micro Computer Inc. cash ratio improved from 2022 to 2023 and from 2023 to 2024.