MagnaChip SemiconductorMX +0.24%63 Current Ratio is 2.37 as of Mar. 2026, which is 31% below its 10-year median of 3.45. GuruFocus rates MX with a GF Score™ of 63/100 and a GF Value™ of $4.40 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,027 Semiconductors companies, MagnaChip Semiconductor ranks worse than 52.09% 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. MagnaChip Semiconductor's current ratio for the quarter that ended in Mar. 2026 was 2.37.
MagnaChip Semiconductor has a current ratio of 2.37. It generally indicates good short-term financial strength.
The historical rank and industry rank for MagnaChip Semiconductor's Current Ratio or its related term are showing as below:
MX'
s Current Ratio Range Over the Past 10 Years
Min: 1.52 Med: 3.45 Max: 7.15
Current: 2.37
During the past 13 years, MagnaChip Semiconductor's highest Current Ratio was 7.15. The lowest was 1.52. And the median was 3.45.
MX's Current Ratio is ranked worse than 52.09% of 1027
companies
in the Semiconductors industry
Industry Median: 2.49
vs MX: 2.37
MagnaChip Semiconductor (NYSE:MX) 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.
MagnaChip Semiconductor Current Ratio Related Terms
MagnaChip Semiconductor Current Ratio Historical Data
* 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.
For the Semiconductors subindustry, MagnaChip 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.
MagnaChip Semiconductor Current Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MagnaChip Semiconductor's Current Ratio distribution charts can be found below:
* The bar in red indicates where MagnaChip 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.
MagnaChip Semiconductor (MX) has a Current Ratio of 2.37 as of Mar. 2026. This is 31% below median its historical median of 3.45. Over the past decade, MagnaChip Semiconductor's Current Ratio has ranged from 1.52 to 7.15. According to the industry distribution chart, MagnaChip Semiconductor ranks #535 out of 1027 companies in the Semiconductors industry, placing it in the top 52.1%.
Is MagnaChip Semiconductor's Current Ratio too high?
MagnaChip Semiconductor's current Current Ratio of 2.37 is 31% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 7.15. The Semiconductors industry median Current Ratio is 2.49. MagnaChip Semiconductor's value of 2.37 is 4.8% below this industry median. Based on the distribution chart, MagnaChip Semiconductor ranks #535 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, MagnaChip Semiconductor has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MagnaChip Semiconductor's Current Ratio compare to GCTS and VLN?
According to the Semiconductors industry distribution chart, MagnaChip Semiconductor ranks #535 out of 1027 companies for Current Ratio. This places MagnaChip Semiconductor in the lower half of its industry. The industry median Current Ratio is 2.49. MagnaChip Semiconductor's value of 2.37 is 4.8% below this benchmark. Historically, MagnaChip Semiconductor's own Current Ratio has ranged from 1.52 to 7.15 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 2.49, MagnaChip Semiconductor has consistently been below 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 1,027 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. MagnaChip Semiconductor's current Current Ratio of 2.37 is 4.8% below 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. MagnaChip Semiconductor's current Current Ratio is 2.37, which is 31% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MagnaChip Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, MagnaChip Semiconductor (MX) is currently considered Fairly Valued. The stock's GF Value™ is $4.40, compared to a current price of $4.13 — trading 6.1% below its estimated fair value. The current Current Ratio is 2.37, which is 31% below median its 10-year median of 3.45 and 4.8% below the Semiconductors industry median of 2.49. MagnaChip Semiconductor's overall GF Score™ is 63/100 with 3 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 MagnaChip Semiconductor (MX), the current Current Ratio is 2.37 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 MagnaChip Semiconductor (MX) Overvalued in 2026?
Based on GuruFocus' analysis, MagnaChip Semiconductor stock appears to be undervalued.
The current stock price of $4.13 is trading 6.1% below its estimated GF Value™ of $4.40.
GuruFocus considers MagnaChip Semiconductor to be Fairly Valued.
Key valuation signals for MX:
Current Ratio: 2.37 (31% below median its 10-year median of 3.45)
GF Value™: $4.40 vs. price of $4.13 (6.1% below fair value)
Industry Position: 4.8% below the Semiconductors median (#535 of 1027)
No single metric tells the full story. See the MX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The Company operates within a single operating segment, Power Solutions business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.
63GF Score
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