Palantir Technologies Inc. Class A Common Stock (PLTR)

Current ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	4,138,620	3,041,580	2,863,250	2,257,430
Total current liabilities	US$ in thousands	746,018	587,941	660,061	603,823
Current ratio		5.55	5.17	4.34	3.74

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $4,138,620K ÷ $746,018K
= 5.55

The current ratio of Palantir Technologies Inc. Class A Common Stock has shown a positive trend over the past four years, indicating an improvement in the company's short-term liquidity position. The ratio has increased from 3.74 in 2020 to 5.55 in 2023, reflecting a stronger ability to cover its short-term obligations with current assets. This suggests that the company has sufficient current assets to meet its current liabilities comfortably. The consistent increase in the current ratio signifies improved liquidity management and financial strength, enhancing the company's ability to meet its short-term obligations efficiently. Overall, the upward trajectory of Palantir Technologies Inc.'s current ratio reflects a healthy liquidity position and indicates a strong financial foundation.