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Transphorm Current Ratio

: 8.48 (As of Mar. 2022)
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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. Transphorm's current ratio for the quarter that ended in Mar. 2022 was 8.48.

Transphorm has a current ratio of 8.48. 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 Transphorm's Current Ratio or its related term are showing as below:

TGAN' s Current Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.68   Max: 8.48
Current: 8.48

During the past 3 years, Transphorm's highest Current Ratio was 8.48. The lowest was 0.26. And the median was 0.68.

TGAN's Current Ratio is ranked better than
91.46% of 913 companies
in the Semiconductors industry
Industry Median: 2.31 vs TGAN: 8.48

Transphorm Current Ratio Historical Data

The historical data trend for Transphorm'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.

Transphorm Annual Data
Trend Dec19 Dec20 Mar22
Current Ratio
0.26 0.68 8.48

Transphorm Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.53 0.62 0.47 7.65 8.48

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Transphorm'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.

   

Transphorm Current Ratio Distribution

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

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



Transphorm 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.

Transphorm's Current Ratio for the fiscal year that ended in Mar. 2022

Current Ratio (A: Mar. 2022 )=Total Current Assets (A: Mar. 2022 )/Total Current Liabilities (A: Mar. 2022 )
=44.794/5.285
=8.48

Transphorm's Current Ratio for the quarter that ended in Mar. 2022 is calculated as

Current Ratio (Q: Mar. 2022 )=Total Current Assets (Q: Mar. 2022 )/Total Current Liabilities (Q: Mar. 2022 )
=44.794/5.285
=8.48

* 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.


Transphorm  (NAS:TGAN) 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.


Transphorm Current Ratio Related Terms

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


Transphorm Business Description

Transphorm logo
Traded in Other Exchanges
N/A
Address
75 Castilian Drive, Goleta, CA, USA, 93117
Transphorm Inc is a semiconductor company. It designs and manufactures GaN semiconductors for high-voltage power conversion applications. It produces JEDEC and AEC-Q101 qualified GaN FETs. Its vertically integrated device business model allows for innovation at every development stage: design, fabrication, device, and application support.
Executives
Kkr Group Co. Inc. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Moreland Cynthia J director 215 MOFFETT PARK DRIVE SUNNYVALE CA 94089
Smales Kelly director 75 CASTILIAN DRIVE GOLETA CA 93117
Mcfarland Katharina G. director 4803 STONECROFT BOULEVARD CHANTILLY VA 20151
Humphreys Michael Julian director 75 CASTILIAN DRIVE GOLETA CA 93117
Parikh Primit officer: Chief Operating Officer 75 CASTILIAN DRIVE GOLETA CA 93117
Kravis Henry R 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Roberts George R 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 2800 SAND HILL ROAD MENLO PARK CA 94025
Kkr & Co. Inc. 10 percent owner 30 HUDSON YARDS NEW YORK NY 10001
Kkr Phorm Investors Gp Llc 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Kkr Phorm Investors L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Wingtech Technology Co. Ltd. 10 percent owner 4F-6F, BUILDING 4 OF JUXIN YUAN, NO. 188 PINGFU ROAD, XUHUI DISTRICT SHANGHAI F4 200231
Nexperia B.v. 10 percent owner JONKERBOSPLEIN 52 AB NIJMEGEN P7 6534
Yatagawa Eiji director 75 CASTILIAN DRIVE GOLETA CA 93117
Mcaulay Cameron officer: Chief Financial Officer 75 CASTILIAN DRIVE GOLETA CA 93117

Transphorm Headlines

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