Arlo Technologies (ARLO)
Current ratio
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 262,606 | 279,540 | 263,231 | 255,931 | 250,535 | 260,958 | 232,749 | 218,847 | 232,782 | 291,093 | 257,354 | 269,648 | 303,622 | 288,097 | 285,595 | 291,911 | 356,548 | 329,397 | 327,682 | 341,554 |
| Total current liabilities | US$ in thousands | 176,762 | 197,274 | 177,613 | 170,372 | 161,451 | 186,156 | 167,077 | 149,422 | 162,278 | 211,113 | 173,231 | 176,503 | 210,929 | 194,723 | 188,355 | 179,430 | 237,346 | 211,752 | 200,103 | 190,545 |
| Current ratio | 1.49 | 1.42 | 1.48 | 1.50 | 1.55 | 1.40 | 1.39 | 1.46 | 1.43 | 1.38 | 1.49 | 1.53 | 1.44 | 1.48 | 1.52 | 1.63 | 1.50 | 1.56 | 1.64 | 1.79 |
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 exhibited some fluctuations over the past few years. It stood at 1.79 as of March 31, 2020, indicating that for every dollar of current liabilities, the company had $1.79 in current assets. Subsequently, the ratio declined to 1.44 by December 31, 2021, before showing a slight improvement to 1.55 by March 31, 2023.
Between March 31, 2023, and December 31, 2024, the current ratio fluctuated within a range of 1.39 to 1.49. The latest available data as of December 31, 2024, shows a current ratio of 1.49. Overall, the trend in the current ratio suggests that Arlo Technologies has generally maintained a healthy level of current assets relative to its current liabilities, albeit with some variability.
Peer comparison
Dec 31, 2024