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Integrated Memory Logic (TPE:3638) Current Ratio : 12.74 (As of Jun. 2014)


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What is Integrated Memory Logic Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Integrated Memory Logic's current ratio for the quarter that ended in Jun. 2014 was 12.74.

Integrated Memory Logic has a current ratio of 12.74. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Integrated Memory Logic's Current Ratio or its related term are showing as below:

TPE:3638' s Current Ratio Range Over the Past 10 Years
Min: 7.76   Med: 12.74   Max: 16.33
Current: 12.74

During the past 5 years, Integrated Memory Logic's highest Current Ratio was 16.33. The lowest was 7.76. And the median was 12.74.

TPE:3638's Current Ratio is not ranked
in the Semiconductors industry.
Industry Median: 2.41 vs TPE:3638: 12.74

Integrated Memory Logic Current Ratio Historical Data

The historical data trend for Integrated Memory Logic's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Integrated Memory Logic Current Ratio Chart

Integrated Memory Logic Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Current Ratio
5.32 15.60 11.22 10.35 16.33

Integrated Memory Logic Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.76 14.63 16.33 16.14 12.74

Competitive Comparison of Integrated Memory Logic's Current Ratio

For the Semiconductor Equipment & Materials subindustry, Integrated Memory Logic's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Integrated Memory Logic's Current Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Integrated Memory Logic's Current Ratio distribution charts can be found below:

* The bar in red indicates where Integrated Memory Logic's Current Ratio falls into.



Integrated Memory Logic Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Integrated Memory Logic's Current Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Current Ratio (A: Dec. 2013 )=Total Current Assets (A: Dec. 2013 )/Total Current Liabilities (A: Dec. 2013 )
=4207.022/257.55
=16.33

Integrated Memory Logic's Current Ratio for the quarter that ended in Jun. 2014 is calculated as

Current Ratio (Q: Jun. 2014 )=Total Current Assets (Q: Jun. 2014 )/Total Current Liabilities (Q: Jun. 2014 )
=4409.423/346.143
=12.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Integrated Memory Logic  (TPE:3638) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Integrated Memory Logic Current Ratio Related Terms

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Integrated Memory Logic (TPE:3638) Business Description

Traded in Other Exchanges
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Address
Integrated Memory Logic Ltd. provides analog, power management, and mixed signal IC solutions for LCD panel applications. It also designs custom chips; and provides packaging and testing outsourcing services.

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