MRAM (Everspin Technologies) Current Ratio: 4.74 (As of Jun. 2026) — 16% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MRAM Everspin Technologies Inc MRAM
58 GF Score
Price $16.60
GF Value $7.88
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Everspin Technologies Current Ratio?

Everspin Technologies MRAM +5.80% 58 Current Ratio is 4.74 as of Jun. 2026, which is 16% above its 10-year median of 4.07. 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 1,029 Semiconductors companies, Everspin Technologies ranks better than 83.97% 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. Everspin Technologies's current ratio for the quarter that ended in Jun. 2026 was 4.74.

Everspin Technologies has a current ratio of 4.74. 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 Everspin Technologies's Current Ratio or its related term are showing as below:

MRAM' s Current Ratio Range Over the Past 10 Years
Min: 0.41   Med: 4.07   Max: 11.11
Current: 4.74

During the past 12 years, Everspin Technologies's highest Current Ratio was 11.11. The lowest was 0.41. And the median was 4.07.

MRAM's Current Ratio is ranked better than
83.97% of 1029 companies
in the Semiconductors industry
Industry Median: 2.4 vs MRAM: 4.74

Everspin Technologies  (NAS:MRAM) 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.


Everspin Technologies Current Ratio Related Terms


Everspin Technologies Current Ratio Historical Data

* Premium members only.

The historical data trend for Everspin Technologies'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.

Everspin Technologies Current Ratio Chart

Everspin Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 4.11 6.59 6.48 4.84

Everspin Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.87 5.84 4.84 5.76 4.74

MRAM vs ALMU, QUIK, GSIT: Current Ratio Comparison

For the Semiconductors subindustry, Everspin Technologies'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.


Everspin Technologies Current Ratio vs Semiconductors Industry

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

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


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

Everspin Technologies 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.

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

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=65.162/13.453
=4.84

Everspin Technologies's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=69.008/14.571
=4.74

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 4.74 mean?
Everspin Technologies (MRAM) has a Current Ratio of 4.74 as of Jun. 2026. This is 16% above median its historical median of 4.07. Over the past decade, Everspin Technologies' Current Ratio has ranged from 0.41 to 11.11. According to the industry distribution chart, Everspin Technologies ranks #165 out of 1029 companies in the Semiconductors industry, placing it in the top 16%.
Is Everspin Technologies' Current Ratio too high?
Everspin Technologies' current Current Ratio of 4.74 is 16% above median its 10-year median of 4.07. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 11.11. The Semiconductors industry median Current Ratio is 2.40. Everspin Technologies' value of 4.74 is 97.5% above this industry median. Based on the distribution chart, Everspin Technologies ranks #165 out of 1029 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' Current Ratio compare to ALMU and QUIK?
According to the Semiconductors industry distribution chart, Everspin Technologies ranks #165 out of 1029 companies for Current Ratio. This places Everspin Technologies in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.40. Everspin Technologies' value of 4.74 is 97.5% above this benchmark. Historically, Everspin Technologies' own Current Ratio has ranged from 0.41 to 11.11 over the past decade. While the company's 10-year median is 4.07 vs. the industry median of 2.40, 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 Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.40, 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. Everspin Technologies's current Current Ratio of 4.74 is 97.5% 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 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspin Technologies's current Current Ratio is 4.74, which is 16% above median its own 10-year median of 4.07. 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 $16.60 — trading 110.7% above its estimated fair value. The current Current Ratio is 4.74, which is 16% above median its 10-year median of 4.07 and 97.5% above the Semiconductors industry median of 2.40. 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 Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Everspin Technologies (MRAM), the current Current Ratio is 4.74 as of Jun. 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 $16.60 is trading 110.7% above its estimated GF Value™ of $7.88. GuruFocus considers Everspin Technologies to be Significantly Overvalued.

Key valuation signals for MRAM:

  • Current Ratio: 4.74 (16% above median its 10-year median of 4.07)
  • GF Value™: $7.88 vs. price of $16.60 (110.7% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 97.5% above the Semiconductors median (#165 of 1029)

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

Get the complete analysis for MRAM

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

$16.60
Price
$7.88
GF Value