Indie SemiconductorINDI -3.66%79 Current Ratio is 4.11 as of Mar. 2026, which is 10% above its 10-year median of 3.75. GuruFocus rates INDI with a GF Score™ of 79/100 and a GF Value™ of $4.26 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,028 Semiconductors companies, Indie Semiconductor ranks better than 73.35% 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. Indie Semiconductor's current ratio for the quarter that ended in Mar. 2026 was 4.11.
Indie Semiconductor has a current ratio of 4.11. 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 Indie Semiconductor's Current Ratio or its related term are showing as below:
INDI'
s Current Ratio Range Over the Past 10 Years
Min: 0.25 Med: 3.75 Max: 20.33
Current: 4.11
During the past 6 years, Indie Semiconductor's highest Current Ratio was 20.33. The lowest was 0.25. And the median was 3.75.
INDI's Current Ratio is ranked better than 73.35% of 1028
companies
in the Semiconductors industry
Industry Median: 2.48
vs INDI: 4.11
Indie Semiconductor (NAS:INDI) 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.
Indie Semiconductor Current Ratio Related Terms
Indie Semiconductor Current Ratio Historical Data
* Premium members only.
The historical data trend for Indie Semiconductor'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.
INDI vs CEVA, LAES, AOSL: Current Ratio Comparison
For the Semiconductors subindustry, Indie Semiconductor'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.
Indie Semiconductor Current Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Indie Semiconductor's Current Ratio distribution charts can be found below:
* The bar in red indicates where Indie Semiconductor's Current Ratio falls into.
* 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.
Indie Semiconductor (INDI) has a Current Ratio of 4.11 as of Mar. 2026. This is 10% above median its historical median of 3.75. Over the past decade, Indie Semiconductor's Current Ratio has ranged from 0.25 to 20.33. According to the industry distribution chart, Indie Semiconductor ranks #274 out of 1028 companies in the Semiconductors industry, placing it in the top 26.7%.
Is Indie Semiconductor's Current Ratio too high?
Indie Semiconductor's current Current Ratio of 4.11 is 10% above median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 20.33. The Semiconductors industry median Current Ratio is 2.48. Indie Semiconductor's value of 4.11 is 65.7% above this industry median. Based on the distribution chart, Indie Semiconductor ranks #274 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Indie Semiconductor has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indie Semiconductor's Current Ratio compare to CEVA and LAES?
According to the Semiconductors industry distribution chart, Indie Semiconductor ranks #274 out of 1028 companies for Current Ratio. This puts Indie Semiconductor in the upper half of its industry. The industry median Current Ratio is 2.48. Indie Semiconductor's value of 4.11 is 65.7% above this benchmark. Historically, Indie Semiconductor's own Current Ratio has ranged from 0.25 to 20.33 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 2.48, Indie Semiconductor 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 2.48, based on 1,028 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. Indie Semiconductor's current Current Ratio of 4.11 is 65.7% 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 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indie Semiconductor's current Current Ratio is 4.11, which is 10% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indie Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Indie Semiconductor (INDI) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.26, compared to a current price of $3.53 — trading 17.1% below its estimated fair value. The current Current Ratio is 4.11, which is 10% above median its 10-year median of 3.75 and 65.7% above the Semiconductors industry median of 2.48. Indie Semiconductor's overall GF Score™ is 79/100 with 7 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 Indie Semiconductor (INDI), the current Current Ratio is 4.11 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 Indie Semiconductor (INDI) Overvalued in 2026?
Based on GuruFocus' analysis, Indie Semiconductor stock appears to be undervalued.
The current stock price of $3.53 is trading 17.1% below its estimated GF Value™ of $4.26.
GuruFocus considers Indie Semiconductor to be Modestly Undervalued.
Key valuation signals for INDI:
Current Ratio: 4.11 (10% above median its 10-year median of 3.75)
GF Value™: $4.26 vs. price of $3.53 (17.1% below fair value)
Industry Position: 65.7% above the Semiconductors median (#274 of 1028)
No single metric tells the full story. See the INDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indie Semiconductor Inc caters to the autotech industry with semiconductors, photonics, and software platforms. The company's products include devices for a multitude of automotive applications spanning vision and radar processors, in-cabin wireless charging and USB power delivery, device interfacing through Apple CarPlay and Android Auto, and high-speed video and data connectivity. New products under evaluation or development include LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. Its Photonics division mainly offers low-noise lasers, standard, and custom light sources. Geographically, the company generates the majority of its revenue from Greater China and the rest from the United States, Europe, South Korea, and other regions.
79GF Score
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