Applovin Corp (APP)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | 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 | — |
| Receivables | US$ in thousands | 1,414,250 | 953,810 | 702,814 | 514,520 | 296,964 |
| Total current liabilities | US$ in thousands | 1,057,470 | 944,122 | 578,958 | 640,097 | 598,052 |
| Quick ratio | 2.04 | 1.53 | 3.09 | 3.18 | 1.03 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($741,411K
+ $—K
+ $1,414,250K)
÷ $1,057,470K
= 2.04