LRCXNEUTRAL

LRCX Current Ratio Analysis

2.63x

Higher than 60% of TECHNOLOGY sector peers

Updated 197h ago·SEC filings & market data

Key Takeaway

The current ratio of 2.63x means LRCX has $2.63 in current assets for every $1 of current liabilities, indicating a solid buffer to cover short-term obligations.

Sector Performance

60th percentile

LRCX

2.63x

Sector Median

2.33x

Sector Avg

2.45x

Prior Period

2.54x(Jul 2026)

↑ Improving

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Deep Analysis

The current ratio of 2.63x means LRCX has $2.63 in current assets for every $1 of current liabilities, indicating a solid buffer to cover short-term obligations.

This exceeds the sector median of 2.02x and places the company at the 75th percentile among technology peers, so liquidity is above typical industry levels. The year-over-year change is N/A, but the quarter-over-quarter change is +3.5%, with the ratio rising from 2.54x to 2.63x. The trend direction over the last 8 quarters is N/A, leaving longer-term momentum unverified. A high liquidity level combined with a recent quarterly uptick lowers near-term default risk, yet the lack of YoY data limits confidence in sustained improvement. This metric supports the overall NEUTRAL verdict, as the strong current ratio is a positive but does not by itself justify a bullish or bearish stance.

Frequently Asked Questions

What does the Current Ratio tell investors about LRCX?

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 LRCX's Current Ratio compare to its sector?

LRCX's Current Ratio of 2.63x compares to a TECHNOLOGY sector median of 2.33x, placing it in the 60th percentile.

Who are LRCX's closest peers by Current Ratio?

The closest TECHNOLOGY peers by Current Ratio include: QCOM (2.02x), KLAC (2.88x), INTC (1.60x), NOW (0.70x), TXN (4.86x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.