N-Able Inc (NABL)

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
Total current assets	US$ in thousands	183,923	282,277	252,205	222,268	224,791	203,949	183,637	162,617	154,156	143,592	143,426	126,618	120,989	113,782	90,794	150,604	135,722
Total current liabilities	US$ in thousands	150,098	93,778	84,969	73,759	81,717	79,626	73,623	63,851	61,814	59,421	58,481	56,063	60,878	57,962	57,701	61,378	54,827
Current ratio		1.23	3.01	2.97	3.01	2.75	2.56	2.49	2.55	2.49	2.42	2.45	2.26	1.99	1.96	1.57	2.45	2.48

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $183,923K ÷ $150,098K
= 1.23

The current ratio of N-Able Inc has shown fluctuations over the past few years, ranging from a low of 1.23 as of December 31, 2024, to a high of 3.01 as of March 31, 2024. The current ratio indicates the ability of the company to meet its short-term obligations with its current assets.

Historically, the company has maintained a healthy current ratio above 2.0 for most periods, suggesting a strong ability to cover its short-term liabilities. However, the ratio significantly dropped to 1.23 on December 31, 2024, which may raise concerns about the company's liquidity position at that specific point in time.

Overall, it is essential for investors and stakeholders to closely monitor the current ratio of N-Able Inc to assess the company's short-term liquidity and financial health effectively.