A10 Network (ATEN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 307,288 | 271,824 | 256,991 | 284,019 | 242,303 |
| Total current liabilities | US$ in thousands | 123,573 | 111,069 | 118,248 | 116,085 | 107,780 |
| Current ratio | 2.49 | 2.45 | 2.17 | 2.45 | 2.25 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $307,288K ÷ $123,573K
= 2.49
The current ratio of A10 Network has shown consistent improvement over the past five years. It increased from 2.25 in December 31, 2020, to 2.45 in December 31, 2021, and remained at the same level for December 31, 2023. However, there was a slight decrease to 2.17 in December 31, 2022, before rebounding to 2.49 in December 31, 2024. This indicates that the company has maintained a healthy level of current assets relative to its current liabilities, providing a solid cushion to meet its short-term obligations. Overall, the trend suggests a stable and well-managed liquidity position for A10 Network.
Peer comparison
Dec 31, 2024