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SLAB (Silicon Laboratories) Quick Ratio : 4.47 (As of Mar. 2025)


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What is Silicon Laboratories Quick Ratio?

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. Silicon Laboratories's quick ratio for the quarter that ended in Mar. 2025 was 4.47.

Silicon Laboratories has a quick ratio of 4.47. It generally indicates good short-term financial strength.

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

SLAB' s Quick Ratio Range Over the Past 10 Years
Min: 1.91   Med: 5.01   Max: 8.4
Current: 4.47

During the past 13 years, Silicon Laboratories's highest Quick Ratio was 8.40. The lowest was 1.91. And the median was 5.01.

SLAB's Quick Ratio is ranked better than
80.85% of 1013 companies
in the Semiconductors industry
Industry Median: 1.81 vs SLAB: 4.47

Silicon Laboratories Quick Ratio Historical Data

The historical data trend for Silicon Laboratories'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.

* Premium members only.

Silicon Laboratories Quick Ratio Chart

Silicon Laboratories Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 3.27 7.33 3.32 5.07

Silicon Laboratories Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.02 4.33 4.01 5.07 4.47

Competitive Comparison of Silicon Laboratories's Quick Ratio

For the Semiconductors subindustry, Silicon Laboratories'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.


Silicon Laboratories's Quick Ratio Distribution in the Semiconductors Industry

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

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


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Silicon Laboratories 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.

Silicon Laboratories's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(602.033-105.639)/97.883
=5.07

Silicon Laboratories's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(618.67-83.397)/119.719
=4.47

* 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.


Silicon Laboratories  (NAS:SLAB) 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.


Silicon Laboratories Quick Ratio Related Terms

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Silicon Laboratories Business Description

Traded in Other Exchanges
Address
400 West Cesar Chavez, Austin, TX, USA, 78701
Silicon Laboratories Inc Inc is a provider of secure, intelligent wireless technology for a more connected world. The company's integrated hardware and software platform, intuitive development tools, industry ecosystem, and robust support help customers build industrial, commercial, home, and life applications. Company make it easy for developers to solve complex wireless challenges throughout the product lifecycle and get to market quickly with solutions that transform industries, grow economies, and improve lives. Company operates in USA, China, Taiwan and Rest of World, with maximum revenue from rest of the world.
Executives
Robert J Conrad director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Robert Matthew Johnson officer: SR VP & GM, IOT 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Christy Wyatt director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
William G Bock director, officer: President 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Navdeep S Sooch director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Brandon Tolany officer: Sr VP of Worldwide Sales 400 WEST CESAR CHAVEZ STREET, AUSTIN TX 78701
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Sherri R Luther director 111 SW FIFTH AVE SUITE 700, PORTLAND OR 97204
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Sumit Sadana director 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Mark D Mauldin officer: CHIEF ACCOUNTING OFFICER 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Daniel Mark Thompson officer: SR VP & GM, INFRA & Automotive 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
John C Hollister officer: Sr VP and CFO 400 W CESAR CHAVEZ, AUSTIN TX 78701
George Tyson Tuttle director, officer: CEO 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Sandeep P Kumar officer: SVP, Worldwide Operations 400 W CESAR CHAVEZ, AUSTIN TX 78701