DIOD Current Ratio Analysis
Higher than 70% of Technology sector peers
Updated 83h ago·SEC filings & market data
Key Takeaway
A current ratio of 3.17x means DIOD has $3.17 in current assets for every $1 of current liabilities, showing it can comfortably cover short-term obligations.
Sector Performance
70th percentileDIOD
3.17x
Sector Median
1.99x
Sector Avg
15.09x
Deep Analysis
A current ratio of 3.17x means DIOD has $3.17 in current assets for every $1 of current liabilities, showing it can comfortably cover short-term obligations.
This is above the Technology sector median of 1.99x, placing DIOD at the 66th percentile among peers, so its liquidity is stronger than most. The trend is not available: the year-over-year change is N/A, and the quarter-over-quarter change is also N/A, so no direction can be established. A high ratio with no trend data suggests the company currently holds ample liquidity, but whether that buffer is growing or shrinking is unknown, leaving future risk unmeasured. For an investor, the strong absolute level reduces near-term solvency concern, yet the missing trend prevents any forward-looking signal. This supports the overall NEUTRAL verdict: the liquidity level is favorable, but the lack of trend data adds no momentum, so it neither upgrades nor downgrades the stock.The current ratio of 3.17x means DIOD has $3.17 in current assets—like cash, receivables, and inventory—for every $1 of current liabilities due within a year, indicating strong short-term liquidity. Within the Technology sector, that exceeds the median of 1.99x, placing DIOD at the 66th percentile, so it holds a higher liquidity cushion than most peers. The trend is not available: both the year-over-year change and the quarter-over-quarter change are N/A, and no historical values beyond 3.17x are provided. A high ratio combined with no trend data suggests the company currently has ample cover for short-term obligations, but whether that buffer is improving or eroding cannot be judged, making future liquidity risk unclear. This calls for a cautious view: the strong level reduces immediate solvency concerns, while the absent trend removes any basis for expecting near-term change. That balance—positive level, unknown direction—directly supports the overall NEUTRAL verdict, as the metric neither raises nor lowers the stock's risk profile.
Frequently Asked Questions
What does the Current Ratio tell investors about DIOD?
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 DIOD's Current Ratio compare to its sector?
DIOD's Current Ratio of 3.17x compares to a Technology sector median of 1.99x, placing it in the 70th percentile.
Who are DIOD'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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3.17x
Sector Median
1.99x
Sector Avg
15.09x
How DIOD's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.