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Cypress Semiconductor (Cypress Semiconductor) Current Ratio : 1.79 (As of Dec. 2019)


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What is Cypress Semiconductor Current Ratio?

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. Cypress Semiconductor's current ratio for the quarter that ended in Dec. 2019 was 1.79.

Cypress Semiconductor has a current ratio of 1.79. It generally indicates good short-term financial strength.

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

CY's Current Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.45
* Ranked among companies with meaningful Current Ratio only.

Cypress Semiconductor Current Ratio Historical Data

The historical data trend for Cypress 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.

* Premium members only.

Cypress Semiconductor Current Ratio Chart

Cypress Semiconductor Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.27 1.22 1.64 1.79

Cypress Semiconductor Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.64 1.82 1.91 1.71 1.79

Competitive Comparison of Cypress Semiconductor's Current Ratio

For the Semiconductors subindustry, Cypress 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.


Cypress Semiconductor's Current Ratio Distribution in the Semiconductors Industry

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

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



Cypress Semiconductor 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.

Cypress Semiconductor's Current Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Current Ratio (A: Dec. 2019 )=Total Current Assets (A: Dec. 2019 )/Total Current Liabilities (A: Dec. 2019 )
=1102.469/614.954
=1.79

Cypress Semiconductor's Current Ratio for the quarter that ended in Dec. 2019 is calculated as

Current Ratio (Q: Dec. 2019 )=Total Current Assets (Q: Dec. 2019 )/Total Current Liabilities (Q: Dec. 2019 )
=1102.469/614.954
=1.79

* 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.


Cypress Semiconductor  (NAS:CY) 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.


Cypress Semiconductor Current Ratio Related Terms

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Cypress Semiconductor (Cypress Semiconductor) Business Description

Traded in Other Exchanges
N/A
Address
198 Champion Court, San Jose, CA, USA, 95134
Cypress Semiconductor is a provider of advanced embedded systems used in a variety of markets, including industrial, consumer, data communications, and automotive.
Executives
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael S Wishart director SPANSION INC., 915 DEGUIGNE DRIVE, SUNNYVALE CA 94085-3836
W Steve Albrecht director 3901 NO FIRST ST, SAN JOSE CA 95134
Jeannine P Sargent director C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Pamela L. Tondreau officer: EVP, Chief Legal Officer & HR 198 CHAMPION COURT, SAN JOSE CA 95134
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
J Daniel Mccranie director C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT CA 94538
Eric Benhamou director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
H Raymond Bingham director, officer: Executive Chairman 2655 SEELY AVE, SAN JOSE CA 95134
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
John H Kispert director
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
J Donald Sherman director C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Badrinarayanan Kothandaraman officer: Executive Vice President ENPHASE ENERGY INC., 1420 NORTH MCDOWELL BLVD, PETALUMA CA 94954