LEDS (SemiLEDs) Quick Ratio: 0.55 (As of Feb. 2026) — Near Median


LEDS SemiLEDs Corp LEDS
51 GF Score
Price $1.72
GF Value $6.01
Valuation Possible Value Trap
! 4 Warning Signs
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What is SemiLEDs Quick Ratio?

SemiLEDs LEDS -6.04% 51 Quick Ratio is 0.55 as of Feb. 2026, which is 4% below its 10-year median of 0.57. GuruFocus rates LEDS with a GF Score™ of 51/100 and a GF Value™ of $6.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,029 Semiconductors companies, SemiLEDs ranks worse than 92.71% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. SemiLEDs's quick ratio for the quarter that ended in Feb. 2026 was 0.55.

SemiLEDs has a quick ratio of 0.55. It indicates that the company cannot currently fully pay back its current liabilities.

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

LEDS' s Quick Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.57   Max: 1.59
Current: 0.55

During the past 13 years, SemiLEDs's highest Quick Ratio was 1.59. The lowest was 0.25. And the median was 0.57.

LEDS's Quick Ratio is ranked worse than
92.71% of 1029 companies
in the Semiconductors industry
Industry Median: 1.85 vs LEDS: 0.55

SemiLEDs  (NAS:LEDS) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


SemiLEDs Quick Ratio Related Terms


SemiLEDs Quick Ratio Historical Data

* Premium members only.

The historical data trend for SemiLEDs's Quick 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.

SemiLEDs Quick Ratio Chart

SemiLEDs Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.58 0.37 0.33 0.57

SemiLEDs Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Quick 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 0.26 0.33 0.57 0.58 0.55

LEDS vs PRSO, GUER, MOBX: Quick Ratio Comparison

For the Semiconductors subindustry, SemiLEDs's Quick Ratio, along with its competitors' market caps and Quick 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.


SemiLEDs Quick Ratio vs Semiconductors Industry

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

* The bar in red indicates where SemiLEDs's Quick Ratio falls into.


LEDS
51GF Score
SemiLEDs Corp LEDS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SemiLEDs Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

SemiLEDs's Quick Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Quick Ratio (A: Aug. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(11.302-4.776)/11.383
=0.57

SemiLEDs's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(12.449-4.885)/13.643
=0.55

* 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 Quick Ratio →
What does a Quick Ratio of 0.55 mean?
SemiLEDs (LEDS) has a Quick Ratio of 0.55 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SemiLEDs and its competitors. This is near median its historical median of 0.57. Over the past decade, SemiLEDs' Quick Ratio has ranged from 0.25 to 1.59. According to the industry distribution chart, SemiLEDs ranks #954 out of 1029 companies in the Semiconductors industry, placing it in the top 92.7%.
Is SemiLEDs' Quick Ratio too high?
SemiLEDs' current Quick Ratio of 0.55 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.59. The Semiconductors industry median Quick Ratio is 1.85. SemiLEDs' value of 0.55 is 70.3% below this industry median. Based on the distribution chart, SemiLEDs ranks #954 out of 1029 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SemiLEDs has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Quick Ratio compare to PRSO and GUER?
According to the Semiconductors industry distribution chart, SemiLEDs ranks #954 out of 1029 companies for Quick Ratio. This places SemiLEDs in the lower half of its industry. The industry median Quick Ratio is 1.85. SemiLEDs' value of 0.55 is 70.3% below this benchmark. Historically, SemiLEDs' own Quick Ratio has ranged from 0.25 to 1.59 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.85, SemiLEDs 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 Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SemiLEDs's current Quick Ratio of 0.55 is 70.3% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SemiLEDs and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SemiLEDs's current Quick Ratio is 0.55, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (LEDS) is currently considered Possible Value Trap. The stock's GF Value™ is $6.01, compared to a current price of $1.72 — trading 71.4% below its estimated fair value. The current Quick Ratio is 0.55, which is near median its 10-year median of 0.57 and 70.3% below the Semiconductors industry median of 1.85. SemiLEDs' overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For SemiLEDs (LEDS), the current Quick Ratio is 0.55 as of Feb. 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 SemiLEDs (LEDS) Overvalued in 2026?

Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued. The current stock price of $1.72 is trading 71.4% below its estimated GF Value™ of $6.01. GuruFocus considers SemiLEDs to be Possible Value Trap.

Key valuation signals for LEDS:

  • Quick Ratio: 0.55 (near median its 10-year median of 0.57)
  • GF Value™: $6.01 vs. price of $1.72 (71.4% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 70.3% below the Semiconductors median (#954 of 1029)

No single metric tells the full story. See the LEDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SemiLEDs Business Description

Address No.11 Ke Jung Road, 3rd Floor, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
51GF Score

Get the complete analysis for LEDS

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.72
Price
$6.01
GF Value