Arlo Technologies (ARLO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 262,606 | 250,535 | 232,782 | 303,622 | 356,548 |
| Total current liabilities | US$ in thousands | 176,762 | 161,451 | 162,278 | 210,929 | 237,346 |
| Current ratio | 1.49 | 1.55 | 1.43 | 1.44 | 1.50 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $262,606K ÷ $176,762K
= 1.49
The current ratio of Arlo Technologies has been relatively stable over the past five years, ranging from 1.43 to 1.55. This indicates that the company has consistently maintained a strong liquidity position, with its current assets generally exceeding its current liabilities. A current ratio above 1 suggests that Arlo Technologies should be able to meet its short-term financial obligations comfortably. However, the slight fluctuations in the ratio over the years could be a point of attention, although they are within a reasonable range. Overall, the current ratio trend shows that Arlo Technologies has managed its short-term liquidity effectively.
Peer comparison
Dec 31, 2024