Appfolio Inc (APPF)

Cash ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands — 42,754 49,509 70,769 57,847
Short-term investments US$ in thousands — 235,745 162,196 89,297 64,600
Total current liabilities US$ in thousands — 63,280 69,766 61,343 52,642
Cash ratio — 4.40 3.03 2.61 2.33

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K + $—K) ÷ $—K
= —