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Entegris Current Ratio

: 4.45 (As of Jun. 2021)
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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. Entegris's current ratio for the quarter that ended in Jun. 2021 was 4.45.

Entegris has a current ratio of 4.45. 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 Entegris's Current Ratio or its related term are showing as below:

NAS:ENTG' s Current Ratio Range Over the Past 10 Years
Min: 1.86   Med: 4.14   Max: 7.78
Current: 4.45

1.86
7.78

During the past 13 years, Entegris's highest Current Ratio was 7.78. The lowest was 1.86. And the median was 4.14.

NAS:ENTG's Current Ratio is ranked higher than
80% of the 866 Companies
in the Semiconductors industry.

( Industry Median: 2.28 vs. NAS:ENTG: 4.45 )

Entegris Current Ratio Historical Data

The historical data trend for Entegris'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.

Entegris Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.06 3.63 3.82 3.53 4.08

Entegris Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Current Ratio 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 Premium Member Only Premium Member Only Premium Member Only 5.00 4.63 4.08 4.67 4.45

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Entegris'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.

   

Entegris Current Ratio Distribution

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

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



Entegris 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.

Entegris's Current Ratio for the fiscal year that ended in Dec. 2020

Current Ratio (A: Dec. 2020 )=Total Current Assets (A: Dec. 2020 )/Total Current Liabilities (A: Dec. 2020 )
=1234.257/302.626
=4.08

Entegris's Current Ratio for the quarter that ended in Jun. 2021 is calculated as

Current Ratio (Q: Jun. 2021 )=Total Current Assets (Q: Jun. 2021 )/Total Current Liabilities (Q: Jun. 2021 )
=1159.236/260.53
=4.45

* 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.


Entegris  (NAS:ENTG) 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.


Entegris Current Ratio Related Terms

Thank you for viewing the detailed overview of Entegris's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Entegris Business Description

Entegris logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Traded in Other Exchanges
Address
129 Concord Road, Billerica, MA, USA, 01821
Entegris Inc is a supplier of advanced materials and process solutions for the semiconductor and other high-technology industries. The company's reportable segments include Specialty Chemicals & Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH). The SCEM segment provides high-performance & high-purity process chemistries, gases, & materials, and safe & efficient delivery systems. The Microcontamination Control (MC) segment includes solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries. Its geographical segments are Taiwan, North America, South Korea, Japan, China, Europe, and Southeast.
Executives
Olson Paul L H director C/O ENTEGRIS INC 129 CONCORD ROAD BILLERICA MA 01821
Loy Bertrand director, officer: President & CEO C/O ENTEGRIS, INC. 129 CONCORD RD BILLERICA MA 01821
Sullivan Brian F. director 16305 36TH AVENUE N MINNEAPOLIS MN 55446
Haris Clinton M. officer: SVP & GM, MC Division C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Tison Stuart officer: SVP & GM, SCEM C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Edlund Todd James officer: EVP & COO 129 CONCORD ROAD BILLERICA MA 01821
Shaner William James officer: SVP & GM, AMH 129 CONCORD ROAD BILLERICA MA 01821
Burns Robert Nicholas director C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Bradley Michael A director 8 BARNSTABLE ROAD WEST NEWTON MA 02465
Rucci Corey officer: SVP, Business Development 700 DOVER PLACE SOUTHLAKE TX 76092
Lederer James P director 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Colella Joseph officer: SVP and General Counsel 129 CONCORD ROAD BILLERICA MA 01821
Gentilcore James director NINE HAMPSHIRE STREET MANSFIELD MA 02048
Saleki-gerhardt Azita director 1 N. WAUKEGAN ROAD NORTH CHICAGO IL 60064
Graves Gregory B officer: EVP & CFO 129 CONCORD ROAD BILLERICA MA 01821

Entegris Headlines

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