MagnaChip SemiconductorMX -8.65%63 Quick Ratio is 1.91 as of Mar. 2026, which is 34% below its 10-year median of 2.91. GuruFocus rates MX with a GF Score™ of 63/100 and a GF Value™ of $4.40 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, MagnaChip Semiconductor ranks better than 51.36% on this metric.
MagnaChip Semiconductor has a quick ratio of 1.91. It generally indicates good short-term financial strength.
The historical rank and industry rank for MagnaChip Semiconductor's Quick Ratio or its related term are showing as below:
MX'
s Quick Ratio Range Over the Past 10 Years
Min: 1.11 Med: 2.91 Max: 6.31
Current: 1.91
During the past 13 years, MagnaChip Semiconductor's highest Quick Ratio was 6.31. The lowest was 1.11. And the median was 2.91.
MX's Quick Ratio is ranked better than 51.36% of 1028
companies
in the Semiconductors industry
Industry Median: 1.85
vs MX: 1.91
MagnaChip Semiconductor (NYSE:MX) 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.
MagnaChip Semiconductor Quick Ratio Related Terms
MagnaChip Semiconductor Quick Ratio Historical Data
* 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.
For the Semiconductors subindustry, MagnaChip Semiconductor'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.
MagnaChip Semiconductor Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MagnaChip Semiconductor's Quick Ratio distribution charts can be found below:
* The bar in red indicates where MagnaChip Semiconductor's Quick Ratio falls into.
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.
MagnaChip Semiconductor's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
MagnaChip Semiconductor (MX) has a Quick Ratio of 1.91 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MagnaChip Semiconductor and its competitors. This is 34% below median its historical median of 2.91. Over the past decade, MagnaChip Semiconductor's Quick Ratio has ranged from 1.11 to 6.31. According to the industry distribution chart, MagnaChip Semiconductor ranks #500 out of 1028 companies in the Semiconductors industry, placing it in the top 48.6%.
Is MagnaChip Semiconductor's Quick Ratio too high?
MagnaChip Semiconductor's current Quick Ratio of 1.91 is 34% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 6.31. The Semiconductors industry median Quick Ratio is 1.85. MagnaChip Semiconductor's value of 1.91 is 3.2% above this industry median. Based on the distribution chart, MagnaChip Semiconductor ranks #500 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, MagnaChip Semiconductor has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MagnaChip Semiconductor's Quick Ratio compare to GCTS and VLN?
According to the Semiconductors industry distribution chart, MagnaChip Semiconductor ranks #500 out of 1028 companies for Quick Ratio. This puts MagnaChip Semiconductor in the upper half of its industry. The industry median Quick Ratio is 1.85. MagnaChip Semiconductor's value of 1.91 is 3.2% above this benchmark. Historically, MagnaChip Semiconductor's own Quick Ratio has ranged from 1.11 to 6.31 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 1.85, MagnaChip Semiconductor has consistently been above 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 1,028 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. MagnaChip Semiconductor's current Quick Ratio of 1.91 is 3.2% above 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 MagnaChip Semiconductor 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. MagnaChip Semiconductor's current Quick Ratio is 1.91, which is 34% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MagnaChip Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, MagnaChip Semiconductor (MX) is currently considered Fairly Valued. The stock's GF Value™ is $4.40, compared to a current price of $4.12 — trading 6.4% below its estimated fair value. The current Quick Ratio is 1.91, which is 34% below median its 10-year median of 2.91 and 3.2% above the Semiconductors industry median of 1.85. MagnaChip Semiconductor's overall GF Score™ is 63/100 with 3 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 MagnaChip Semiconductor (MX), the current Quick Ratio is 1.91 as of Mar. 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 MagnaChip Semiconductor (MX) Overvalued in 2026?
Based on GuruFocus' analysis, MagnaChip Semiconductor stock appears to be undervalued.
The current stock price of $4.12 is trading 6.4% below its estimated GF Value™ of $4.40.
GuruFocus considers MagnaChip Semiconductor to be Fairly Valued.
Key valuation signals for MX:
Quick Ratio: 1.91 (34% below median its 10-year median of 2.91)
GF Value™: $4.40 vs. price of $4.12 (6.4% below fair value)
Industry Position: 3.2% above the Semiconductors median (#500 of 1028)
No single metric tells the full story. See the MX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The Company operates within a single operating segment, Power Solutions business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.
63GF Score
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