ACLS Current Ratio Analysis
Higher than 86% of Technology sector peers
Updated 2555h ago·SEC filings & market data
Key Takeaway
Axcelis Technologies’ current ratio of 4.59x means the company has $4.59 in short‑term assets for every $1 of short‑term liabilities, indicating a strong ability to cover its upcoming obligations.
Sector Performance
86th percentileACLS
4.59x
Sector Median
1.99x
Sector Avg
15.09x
Deep Analysis
Axcelis Technologies’ current ratio of 4.59x means the company has $4.59 in short‑term assets for every $1 of short‑term liabilities, indicating a strong ability to cover its upcoming obligations.
This is well above the sector median of 1.77x and places Axcelis in the 84th percentile among technology peers, suggesting more liquidity than the majority of comparable firms. The year‑over-year and quarter‑over‑quarter changes are not available, and there are no historical data for the last eight quarters, so no trend can be assessed. Without a trend, the high level alone points to ample cash and receivables relative to debt, which reduces near‑term financial risk but offers no signal of improvement or deterioration. This strong liquidity position supports the overall NEUTRAL verdict by confirming a solid balance sheet, yet it does not drive a bullish or bearish case on its own.
Frequently Asked Questions
What does the Current Ratio tell investors about ACLS?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does ACLS's Current Ratio compare to its sector?
ACLS's Current Ratio of 4.59x compares to a Technology sector median of 1.99x, placing it in the 86th percentile.
Who are ACLS's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: SMAR (1.51x), ASML (1.36x), ACN (1.34x), BRZE (1.24x), BR (1.24x).
Learn More About Current Ratio
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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4.59x
Sector Median
1.99x
Sector Avg
15.09x
How ACLS's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.