MRAM (Everspin Technologies) Cash Ratio: 3.66 (As of Mar. 2026) — 63% Above Median

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MRAM Everspin Technologies Inc MRAM
58 GF Score
Price $16.64
GF Value $7.88
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Everspin Technologies Cash Ratio?

Everspin Technologies MRAM +6.05% 58 Cash Ratio is 3.66 as of Mar. 2026, which is 63% above its 10-year median of 2.24. GuruFocus rates MRAM with a GF Score™ of 58/100 and a GF Value™ of $7.88 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,023 Semiconductors companies, Everspin Technologies ranks better than 84.85% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Everspin Technologies's Cash Ratio for the quarter that ended in Mar. 2026 was 3.66.

Everspin Technologies has a Cash Ratio of 3.66. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Everspin Technologies's Cash Ratio or its related term are showing as below:

MRAM' s Cash Ratio Range Over the Past 10 Years
Min: 0.08   Med: 2.24   Max: 7.37
Current: 3.01

During the past 12 years, Everspin Technologies's highest Cash Ratio was 7.37. The lowest was 0.08. And the median was 2.24.

MRAM's Cash Ratio is ranked better than
84.85% of 1023 companies
in the Semiconductors industry
Industry Median: 1.02 vs MRAM: 3.01

Everspin Technologies  (NAS:MRAM) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Everspin Technologies Cash Ratio Related Terms


Everspin Technologies Cash Ratio Historical Data

* Premium members only.

The historical data trend for Everspin Technologies's Cash 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.

Everspin Technologies Cash Ratio Chart

Everspin Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.46 4.21 4.25 3.30

Everspin Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.35 4.08 3.97 3.30 3.66

MRAM vs ALMU, QUIK, GSIT: Cash Ratio Comparison

For the Semiconductors subindustry, Everspin Technologies's Cash Ratio, along with its competitors' market caps and Cash 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.


Everspin Technologies Cash Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Everspin Technologies's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Everspin Technologies's Cash Ratio falls into.


MRAM
58GF Score
Everspin Technologies Inc MRAM
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everspin Technologies Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Everspin Technologies's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=44.45/13.453
=3.30

Everspin Technologies's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=40.494/11.06
=3.66

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 3.66 mean?
Everspin Technologies (MRAM) has a Cash Ratio of 3.66 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Everspin Technologies and its competitors. This is 63% above median its historical median of 2.24. Over the past decade, Everspin Technologies' Cash Ratio has ranged from 0.08 to 7.37. According to the industry distribution chart, Everspin Technologies ranks #155 out of 1023 companies in the Semiconductors industry, placing it in the top 15.2%.
Is Everspin Technologies' Cash Ratio too high?
Everspin Technologies' current Cash Ratio of 3.66 is 63% above median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 7.37. The Semiconductors industry median Cash Ratio is 1.02. Everspin Technologies' value of 3.66 is 258.8% above this industry median. Based on the distribution chart, Everspin Technologies ranks #155 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Everspin Technologies has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Everspin Technologies' Cash Ratio compare to ALMU and QUIK?
According to the Semiconductors industry distribution chart, Everspin Technologies ranks #155 out of 1023 companies for Cash Ratio. This places Everspin Technologies in the top 15% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 1.02. Everspin Technologies' value of 3.66 is 258.8% above this benchmark. Historically, Everspin Technologies' own Cash Ratio has ranged from 0.08 to 7.37 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.02, Everspin Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Semiconductors company?
The median Cash Ratio among Semiconductors companies is 1.02, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Everspin Technologies's current Cash Ratio of 3.66 is 258.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Everspin Technologies and its competitors. For the Semiconductors industry, the median Cash Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspin Technologies's current Cash Ratio is 3.66, which is 63% above median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Everspin Technologies (MRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.88, compared to a current price of $16.64 — trading 111.2% above its estimated fair value. The current Cash Ratio is 3.66, which is 63% above median its 10-year median of 2.24 and 258.8% above the Semiconductors industry median of 1.02. Everspin Technologies' overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Everspin Technologies (MRAM), the current Cash Ratio is 3.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Everspin Technologies (MRAM) Overvalued in 2026?

Based on GuruFocus' analysis, Everspin Technologies stock appears to be overvalued. The current stock price of $16.64 is trading 111.2% above its estimated GF Value™ of $7.88. GuruFocus considers Everspin Technologies to be Significantly Overvalued.

Key valuation signals for MRAM:

  • Cash Ratio: 3.66 (63% above median its 10-year median of 2.24)
  • GF Value™: $7.88 vs. price of $16.64 (111.2% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 258.8% above the Semiconductors median (#155 of 1023)

No single metric tells the full story. See the MRAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everspin Technologies Business Description

Other Exchanges 0IJ3:UKE5N:Germany
Address 5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
Everspin Technologies Inc is a manufacturer of Magnetoresistive Random Access Memory (MRAM) technology. The company manufactures MRAM products using both captive and third-party manufacturing capabilities. It purchases industry-standard complementary metal-oxide semiconductor (CMOS) wafers from semiconductor foundries and perform back end of line (BEOL) processing that includes magnetic-bit technology at leased 200mm fabrication facility in Chandler, Arizona. It also manufactures full-flow 300mm CMOS wafers with STT-MRAM magnetic-bit technology integrated in BEOL. The company's customers are in key markets, such as industrial, medical, automotive/transportation, aerospace, and data center.
58GF Score

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Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.64
Price
$7.88
GF Value