SNPSNEUTRAL

SNPS Current Ratio Analysis

1.43x

Updated 57h ago·SEC filings & market data

Key Takeaway

The current ratio measures a company’s ability to pay short-term debts with its short-term assets; at 1.43x, SNPS has $1.43 in current assets for every $1 of current liabilities.

Sector Performance

58th percentile

SNPS

1.43x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

0.86x(Apr 2026)

↑ Improving

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Deep Analysis

The current ratio measures a company’s ability to pay short-term debts with its short-term assets; at 1.43x, SNPS has $1.43 in current assets for every $1 of current liabilities.

This sits above the sector median of 1.25x and ranks at the 58th percentile among sector peers, meaning the liquidity position is somewhat better than most comparable companies. The trend is not available: the year-over-year change is N/A, and the quarter-over-quarter change is also N/A, so there is no directional information to assess. Given the level is above the sector median but the trend is unknown, the investment implication is neutral — the company appears adequately liquid, but there is no movement to suggest improving or deteriorating risk. This metric supports the overall NEUTRAL verdict, since it shows a reasonable current ratio without any change that would tilt the assessment either way.

Frequently Asked Questions

What does the Current Ratio tell investors about SNPS?

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.

Who are SNPS's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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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.