ANGI Homeservices Inc (ANGI)
Current ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 465,210 | 495,085 | 499,520 | 516,081 | 481,809 | 487,219 | 515,796 | 511,342 | 486,332 | 484,202 | 512,420 | 562,582 | 558,975 | 583,071 | 650,981 | 714,099 | 907,993 | 977,806 | 1,026,260 | 534,343 |
| Total current liabilities | US$ in thousands | 216,051 | 231,678 | 243,602 | 260,826 | 242,224 | 258,655 | 303,717 | 303,408 | 270,136 | 281,784 | 300,050 | 337,602 | 306,312 | 276,509 | 303,268 | 291,912 | 247,320 | 233,678 | 268,458 | 255,263 |
| Current ratio | 2.15 | 2.14 | 2.05 | 1.98 | 1.99 | 1.88 | 1.70 | 1.69 | 1.80 | 1.72 | 1.71 | 1.67 | 1.82 | 2.11 | 2.15 | 2.45 | 3.67 | 4.18 | 3.82 | 2.09 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $465,210K ÷ $216,051K
= 2.15
The provided data indicates that ANGI Homeservices Inc’s current ratio has experienced notable fluctuations over the period from June 2020 through March 2025. Initially, the current ratio was at 2.09 as of June 30, 2020, reflecting a strong liquidity position with more than twice the current assets relative to current liabilities. Throughout the subsequent quarters, the ratio exhibited an upward trend, peaking at 4.18 in December 2020, demonstrating enhanced short-term liquidity at that time.
Following this period, a general decline in the current ratio was observed, reaching a low of approximately 1.67 in June 2022. This suggests a reduction in liquidity and a decreased cushion for meeting short-term obligations, although the ratio remained above 1.7 from March 2022 onwards, indicating the company continued to maintain sufficient liquidity to cover its current liabilities.
From the end of 2022 onwards, the current ratio displayed a gradual upward trajectory, ascending from approximately 1.72 in December 2022 to 2.15 in March 2025. The steady increase in this ratio implies an enhancement in short-term liquidity position, suggesting improved management of current assets relative to current liabilities or potentially a strategic accumulation of liquid assets.
Overall, the trend reflects an initial period of robust liquidity, a mid-period decline, and a subsequent recovery, culminating in a stable and healthier liquidity profile as of the most recent quarter. The ratios consistently remained above 1.7 during the latter part of the observed period, indicating that ANGI Homeservices Inc maintained the capacity to meet its short-term obligations throughout these years, with an improving liquidity outlook into early 2025.
Peer comparison
Mar 31, 2025