Anadigics (Anadigics) Current Ratio : 2.29 (As of Dec. 2015)

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What is Anadigics 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. Anadigics's current ratio for the quarter that ended in Dec. 2015 was 2.29.

Anadigics has a current ratio of 2.29. It generally indicates good short-term financial strength.

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

ANAD's Current Ratio is not ranked ^*
in the Semiconductors industry.
Industry Median: 2.435
* Ranked among companies with meaningful Current Ratio only.

Anadigics Current Ratio Historical Data

The historical data trend for Anadigics'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.

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Anadigics Current Ratio Chart

Anadigics Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Current Ratio

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4.89

4.08

3.64

2.86

2.29

Anadigics Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Current Ratio	Get a 7-Day Free Trial															2.86	2.90	2.66	2.64	2.29

Competitive Comparison of Anadigics's Current Ratio

For the Semiconductors subindustry, Anadigics'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.

Anadigics's Current Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Anadigics's Current Ratio falls into.

Anadigics 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.

Anadigics's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )	=	Total Current Assets (A: Dec. 2015 )	/	Total Current Liabilities (A: Dec. 2015 )
	=	21.506	/	9.389
	=	2.29

Anadigics's Current Ratio for the quarter that ended in Dec. 2015 is calculated as

Current Ratio (Q: Dec. 2015 )	=	Total Current Assets (Q: Dec. 2015 )	/	Total Current Liabilities (Q: Dec. 2015 )
	=	21.506	/	9.389
	=	2.29

Anadigics (NAS:ANAD) 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.

Anadigics Current Ratio Related Terms

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Anadigics (Anadigics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Anadigics Inc (NAS:ANAD) » Definitions » Current Ratio

Traded in Other Exchanges

N/A

Address

Website

http://www.anadigics.com

Anadigics Inc was incorporated in the state of Delaware in 1984. The Company designs and manufactures radio frequency semiconductor solutions for cellular, WiFi, wireless infrastructure and CATV applications. It also design, develop and manufacture RFICs using GaAs compound semiconductor substrates with various process technologies, MESFET, pHEMT and HBT. The Company is focused on enabling communications connectivity with RF solutions that offer greater performance and integration to enhance the user's experience. It is a customer-centric organization that works closely with equipment manufacturers, such as OEMs and ODMs. Its product portfolio includes power amplifiers, FEICs, FEMs and line amplifiers. Its products are optimized for wireless and infrastructure communications applications including; its cellular power amplifiers and FEMs enable mobile handsets, smartphones, tablets, notebooks, datacards, automotive, M2M, and industrial devices to access 3G and 4G wireless networks. These networks operate on international standards, such as LTE, HSPA, WCDMA, EVDO, CDMA, and WiMAX; its WiFi FEICs and power amplifiers enable wireless LAN connectivity for mobile, multimedia and infrastructure devices, including smartphones, tablets, notebooks, televisions, set-top boxes, modems, routers, and access points. These solutions are optimized for the latest WiFi standards, including 802.11ac and 802.11n; and its infrastructure solutions include both wireless infrastructure and CATV products; wireless infrastructure power amplifiers enable 3G and 4G small-cell base stations, and CATV line amplifiers and other RF products provide the critical link in CATV network infrastructure devices, as well as set-top boxes and cable modems. The Company's product line includes as per market; its Cellular product line includes power amplifier modules for CDMA/EVDO, GSM/EDGE, WCDMA/HSPA, LTE and other wireless technologies for mobile handsets and data device; its WiFi products include power amplifiers and front-end ICs for mobile handsets, data devices, entertainment devices, routers, access points and base stations; and its Infrastructure product line encompasses video, voice and data telecommunications systems, consisting of CATV, and Wireless Infrastructure applications. Its products are sold mainly to direct customers. Additionally it uses independent manufacturers' representatives and distributors for direct sales and customer support efforts. GaAs wafers, HBT/pHEMT epitaxial wafers, passive components, other raw materials, and equipment used in the production of ICs are available from a limited number of sources. It competes with companies including Avago Technologies Limited, RF Micro Devices, Inc., Skyworks Solutions, Inc. and TriQuint Semiconductor, Inc. The Company's operations are subject to federal, state and local environmental laws, regulations and ordinances.

Executives

Richard B Kelson	director	MEADWESTVACO CORPORATION, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Dennis F Strigl	director	140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Lewis Solomon	director
Mario Rivas	other: Former President & CEO	141 MT. BETHEL ROAD, WARREN NJ 07059
Gilles Delfassy	director	ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Bami Bastani	director, officer: CEO