Quick Ratio

A quick ratio of 1.69x means that for every $1 of current liabilities, LRCX holds $1.69 in highly liquid assets (cash, receivables, marketable securities) that can be quickly turned into cash to pay short-term debts.

This ratio places the company well above its sector median of 0.73x, ranking in the 86th percentile among sector peers, indicating stronger short-term liquidity than most competitors. However, no trend data is available — the year-over-year change, quarter-over-quarter change, and past eight quarters of data are all listed as N/A, so it is not possible to assess whether this liquidity level is improving or deteriorating. The combination of a high absolute quick ratio with no trend information means there is limited risk from a liquidity standpoint, but the lack of a directional signal prevents any conclusion about momentum or stability. This metric supports the overall NEUTRAL verdict — the strong liquidity is a positive factor, but without a trend or other corroborating indicators, it does not tilt the rating either bullish or bearish.

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