AEHR (Aehr Test Systems) Current Ratio: 10.97 (As of Feb. 2026) — 148% Above Median


AEHR Aehr Test Systems AEHR
62 GF Score
Price $91.81
GF Value $14.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aehr Test Systems Current Ratio?

Aehr Test Systems AEHR -7.10% 62 Current Ratio is 10.97 as of Feb. 2026, which is 148% above its 10-year median of 4.43. GuruFocus rates AEHR with a GF Score™ of 62/100 and a GF Value™ of $14.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,029 Semiconductors companies, Aehr Test Systems ranks better than 93.97% on this metric.

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. Aehr Test Systems's current ratio for the quarter that ended in Feb. 2026 was 10.97.

Aehr Test Systems has a current ratio of 10.97. 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 Aehr Test Systems's Current Ratio or its related term are showing as below:

AEHR' s Current Ratio Range Over the Past 10 Years
Min: 1.74   Med: 4.43   Max: 11.53
Current: 10.97

During the past 13 years, Aehr Test Systems's highest Current Ratio was 11.53. The lowest was 1.74. And the median was 4.43.

AEHR's Current Ratio is ranked better than
93.97% of 1029 companies
in the Semiconductors industry
Industry Median: 2.49 vs AEHR: 10.97

Aehr Test Systems  (NAS:AEHR) 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.


Aehr Test Systems Current Ratio Related Terms


Aehr Test Systems Current Ratio Historical Data

* Premium members only.

The historical data trend for Aehr Test Systems'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.

Aehr Test Systems Current Ratio Chart

Aehr Test Systems Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 5.45 5.46 9.31 5.68

Aehr Test Systems Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.71 5.68 7.06 10.62 10.97

AEHR vs AMBA, ICHR, COHU: Current Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Aehr Test Systems'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.


Aehr Test Systems Current Ratio vs Semiconductors Industry

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

* The bar in red indicates where Aehr Test Systems's Current Ratio falls into.


AEHR
62GF Score
Aehr Test Systems AEHR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aehr Test Systems 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.

Aehr Test Systems's Current Ratio for the fiscal year that ended in May. 2025 is calculated as

Current Ratio (A: May. 2025 )=Total Current Assets (A: May. 2025 )/Total Current Liabilities (A: May. 2025 )
=88.778/15.638
=5.68

Aehr Test Systems's Current Ratio for the quarter that ended in Feb. 2026 is calculated as

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=95.9/8.742
=10.97

* 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 Current Ratio →
What does a Current Ratio of 10.97 mean?
Aehr Test Systems (AEHR) has a Current Ratio of 10.97 as of Feb. 2026. This is 148% above median its historical median of 4.43. Over the past decade, Aehr Test Systems' Current Ratio has ranged from 1.74 to 11.53. According to the industry distribution chart, Aehr Test Systems ranks #62 out of 1029 companies in the Semiconductors industry, placing it in the top 6%.
Is Aehr Test Systems' Current Ratio too high?
Aehr Test Systems' current Current Ratio of 10.97 is 148% above median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 11.53. The Semiconductors industry median Current Ratio is 2.49. Aehr Test Systems' value of 10.97 is 340.6% above this industry median. Based on the distribution chart, Aehr Test Systems ranks #62 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Aehr Test Systems has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aehr Test Systems' Current Ratio compare to AMBA and ICHR?
According to the Semiconductors industry distribution chart, Aehr Test Systems ranks #62 out of 1029 companies for Current Ratio. This places Aehr Test Systems in the top 6% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.49. Aehr Test Systems' value of 10.97 is 340.6% above this benchmark. Historically, Aehr Test Systems' own Current Ratio has ranged from 1.74 to 11.53 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 2.49, Aehr Test Systems 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 Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.49, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aehr Test Systems's current Current Ratio of 10.97 is 340.6% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aehr Test Systems's current Current Ratio is 10.97, which is 148% above median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aehr Test Systems stock overvalued right now?
Based on GuruFocus' analysis, Aehr Test Systems (AEHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.36, compared to a current price of $91.81 — trading 539.3% above its estimated fair value. The current Current Ratio is 10.97, which is 148% above median its 10-year median of 4.43 and 340.6% above the Semiconductors industry median of 2.49. Aehr Test Systems' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Aehr Test Systems (AEHR), the current Current Ratio is 10.97 as of Feb. 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 Aehr Test Systems (AEHR) Overvalued in 2026?

Based on GuruFocus' analysis, Aehr Test Systems stock appears to be overvalued. The current stock price of $91.81 is trading 539.3% above its estimated GF Value™ of $14.36. GuruFocus considers Aehr Test Systems to be Significantly Overvalued.

Key valuation signals for AEHR:

  • Current Ratio: 10.97 (148% above median its 10-year median of 4.43)
  • GF Value™: $14.36 vs. price of $91.81 (539.3% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 340.6% above the Semiconductors median (#62 of 1029)

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


Aehr Test Systems Business Description

Other Exchanges AYB:Germany
Address 400 Kato Terrace, Fremont, CA, USA, 94539
Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets. The Company operates in one business segment, the designing, manufacturing, marketing and selling of advanced test and burn-in products to the semiconductor manufacturing industry in several geographic areas. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several inventive products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.
62GF Score

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

$91.81
Price
$14.36
GF Value