Quick Ratio

Cohu’s current Quick Ratio of 2.66x means the company has $2.66 in highly liquid assets—such as cash and receivables—for every $1.00 of short-term liabilities, indicating solid near-term financial flexibility.

This ratio places Cohu well above its sector median of 1.33x, ranking in the 76th percentile among technology peers. The year-over-year change is not available, but the quarter-over-quarter change shows a sharp decline of 47.1%, from 5.03x to 2.66x. While the absolute level remains strong and points to low liquidity risk, the steep quarterly drop suggests a recent shift—possibly higher payables or lower cash reserves—that investors should monitor. The combination of a high percentile rank and a large negative QoQ movement creates a mixed signal: the current position is favorable relative to peers, but the trend introduces uncertainty about sustainability. This metric supports the overall NEUTRAL verdict, as the strong current level is offset by the velocity of the decline, justifying a cautious stance.

Frequently Asked Questions

Closest Sector Peers