Shares of Tessera Technologies Rank the Highest in Terms of Current Ratio in the Semiconductor Equipment Industry (TSRA, PDFS, UTEK, KLIC, CCMP)
Below are the three companies in the Semiconductor Equipment industry with the highest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.
Tessera Technologies ranks highest with a a current ratio of 19.5. PDF Solutions is next with a a current ratio of 12.0. Ultratech ranks third highest with a a current ratio of 9.7.
Kulicke & Soffa Industries follows with a a current ratio of 9.6, and Cabot Microelectronics rounds out the top five with a a current ratio of 8.2.
SmarTrend recommended that subscribers consider buying shares of Cabot Microelectronics on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.24. Since that recommendation, shares of Cabot Microelectronics have risen 34.1%. We continue to monitor Cabot Microelectronics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio tessera technologies pdf solutions ultratech kulicke & soffa industries cabot microelectronics