NMGC (NeoMagic) Current Ratio: 2.14 (As of Dec. 2025)

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What is NeoMagic Current Ratio?

NeoMagic NMGC +0.01% Current Ratio is 2.14 as of Dec. 2025.

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. NeoMagic's current ratio for the quarter that ended in Dec. 2025 was 2.14.

NeoMagic has a current ratio of 2.14. It generally indicates good short-term financial strength.

The historical rank and industry rank for NeoMagic's Current Ratio or its related term are showing as below:

NMGC's Current Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.405
* Ranked among companies with meaningful Current Ratio only.

NeoMagic  (OTCPK:NMGC) 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.


NeoMagic Current Ratio Related Terms


NeoMagic Current Ratio Historical Data

* Premium members only.

The historical data trend for NeoMagic'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.

NeoMagic Current Ratio Chart

NeoMagic Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.30 4.77 1.62 2.14

NeoMagic Semi-Annual Data
Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Dec23 Dec24 Dec25
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 0.14 0.30 4.77 1.62 2.14

NMGC vs PRKR, MOSY, PENC: Current Ratio Comparison

For the Semiconductors subindustry, NeoMagic'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.


NeoMagic Current Ratio vs Semiconductors Industry

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

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



NeoMagic 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.

NeoMagic'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 )
=0.33604381/0.15723439
=2.14

NeoMagic's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=0.33604381/0.15723439
=2.14

* 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 2.14 mean?
NeoMagic (NMGC) has a Current Ratio of 2.14 as of Dec. 2025.
Is NeoMagic's Current Ratio too high?
NeoMagic's current Current Ratio is 2.14. The Semiconductors industry median Current Ratio is 2.41. NeoMagic's value of 2.14 is 11% below this industry median.
How does NeoMagic's Current Ratio compare to PRKR and MOSY?
NeoMagic's Current Ratio of 2.14 can be compared against companies in the Semiconductors industry. The industry median Current Ratio is 2.41. NeoMagic's value of 2.14 is 11% below this benchmark. 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 2.41, based on 1,038 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. NeoMagic's current Current Ratio of 2.14 is 11% 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 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoMagic's current Current Ratio is 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoMagic stock overvalued right now?
NeoMagic (NMGC) has a current Current Ratio of 2.14. The current Current Ratio is 2.14 and 11% below the Semiconductors industry median of 2.41. 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 NeoMagic (NMGC), the current Current Ratio is 2.14 as of Dec. 2025. 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.

NeoMagic Business Description

Address 1503 N Milpitas Boulevard, Milpitas, CA, USA, 95035
NeoMagic Corp , through its subsidiary, engages in the design, R&D, manufacturing, and marketing of cutting-edge RF components, subsystems, mixers, amplifiers, data log Amplifiers, filters and converters tailored for both commercial and military applications. It also engages in an eCommerce Multi-Vendor platform where people are able to buy and sell products from one another or purchase products directly from MercadoMagico. It allows anyone to set up an online store with a fully customizable, easy to use, secure eCommerce platform, with a variety of tools to help set up and run their business.