Current Ratio

Qorvo’s current ratio of 3.24x means the company has $3.24 in short-term assets for every $1 of short-term liabilities, indicating a strong liquidity cushion.

This is well above the technology sector median of 1.82x, placing Qorvo in the 71st percentile among its peers for liquidity strength. The year-over-year change is not available, but the quarter-over-quarter decline of -11.7% shows that liquidity has recently contracted. Although the absolute level remains high and supportive of financial stability, the downward trend suggests that the liquidity buffer is shrinking, which could signal rising operational cash demands or a deliberate shift in working capital strategy. For a cautious-rated stock, this combination of a still-strong level with a negative recent move partly supports the cautious view, as the trend introduces uncertainty even if the current position is comfortable.

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