Current Ratio

The current ratio of 1.43x measures a company’s ability to pay short-term debts with its short-term assets — a ratio above 1.0x indicates it has more current assets than current liabilities.

This reading sits above the sector median of 1.20x, placing SNPS in the 62nd percentile among its peers, meaning it has stronger liquidity than most. Trend data is not available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and no historical values beyond the single current figure are provided. Without a trend, the assessment relies solely on the current level, which is above the sector median but still modest — it implies reasonable short-term financial health but no clear signal of improving or weakening liquidity. This metric supports the overall NEUTRAL verdict because the ratio is adequate relative to peers yet offers no directional insight to justify a more positive or negative stance.

Frequently Asked Questions

Closest Sector Peers