Maplebear Inc. (CART)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,697,000 | 3,305,000 | 2,740,000 | 2,395,000 | 1,972,000 |
| Total current liabilities | US$ in thousands | 798,000 | 733,000 | 795,000 | 592,000 | 407,000 |
| Current ratio | 3.38 | 4.51 | 3.45 | 4.05 | 4.85 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,697,000K ÷ $798,000K
= 3.38
The current ratio of Maplebear Inc. has shown a decreasing trend over the past five years, starting at 4.85 in December 31, 2020, and declining to 3.38 by December 31, 2024. Despite the fluctuations, the company has generally maintained a current ratio above 1, indicating a solid ability to meet its short-term obligations with its current assets. However, the decreasing trend may suggest potential liquidity challenges or changes in the company's current asset composition. It is important for Maplebear Inc. to closely monitor its current assets and liabilities to ensure continued liquidity and financial stability.
Peer comparison
Dec 31, 2024