NVE Corporation

NVE Corporationverified

NVEC

Price:

$75.27

Market Cap:

$363.83M

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertak...[Read more]

Industry

Semiconductors

IPO Date

1995-05-23

Stock Exchange

NASDAQ

Ticker

NVEC

The Current Ratio as of September 2024 (TTM) for NVE Corporation (NVEC) is 18.58

According to NVE Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 18.58. This represents a change of -34.15% compared to the average of 28.21 of the last 4 quarters.

NVE Corporation (NVEC) Historical Current Ratio (quarterly & annually)

How has NVEC Current Ratio performed in the past?

The mean historical Current Ratio of NVE Corporation over the last ten years is 27.65. The current 18.58 Current Ratio has changed 6.62% with respect to the historical average. Over the past ten years (40 quarters), NVEC's Current Ratio was at its highest in in the September 2018 quarter at 52.04. The Current Ratio was at its lowest in in the September 2022 quarter at 7.65.

Quarterly (TTM)
Annual

Average

27.65

Median

28.45

Minimum

16.80

Maximum

43.19

NVE Corporation (NVEC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NVE Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 90.79%

Maximum Annual Current Ratio = 43.19

Minimum Annual Increase = -45.09%

Minimum Annual Current Ratio = 16.80

Quarterly (TTM)
Annual
YearCurrent RatioChange
202432.0590.79%
202316.80-0.58%
202216.90-28.75%
202123.71-45.09%
202043.1931.51%
201932.84-0.60%
201833.032.81%
201732.1352.83%
201621.02-15.39%
201524.8545.38%

NVE Corporation (NVEC) Average Current Ratio

How has NVEC Current Ratio performed in the past?

The current Current Ratio of NVE Corporation (NVEC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

21.91

5-year avg

26.53

10-year avg

27.65

NVE Corporation (NVEC) Current Ratio vs. Peers

How is NVEC’s Current Ratio compared to its peers?

NVE Corporation’s Current Ratio is greater than Silicon Laboratories Inc. (5.99), greater than Power Integrations, Inc. (9.95), greater than Diodes Incorporated (3.38), greater than MaxLinear, Inc. (2.09), greater than Amkor Technology, Inc. (2.08), greater than QuickLogic Corporation (1.19), greater than MACOM Technology Solutions Holdings, Inc. (8.18), greater than GSI Technology, Inc. (5.73), greater than Alpha and Omega Semiconductor Limited (2.58), greater than FormFactor, Inc. (4.46), greater than Cirrus Logic, Inc. (5.46), greater than nLIGHT, Inc. (6.10), greater than Magnachip Semiconductor Corporation (5.03), greater than Synaptics Incorporated (4.19),

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