Applovin Corp (APP)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 741,411 | 502,152 | 1,080,480 | 1,520,500 | 317,235 |
| Short-term investments | US$ in thousands | — | -10,100 | 7,319 | 2,532 | — |
| Total current liabilities | US$ in thousands | 1,057,470 | 944,122 | 578,958 | 640,097 | 598,052 |
| Cash ratio | 0.70 | 0.52 | 1.88 | 2.38 | 0.53 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($741,411K
+ $—K)
÷ $1,057,470K
= 0.70