Palantir Technologies Inc. Class A Common Stock (PLTR)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	5,934,290	4,138,620	3,041,580	2,863,250	2,257,430
Total current liabilities	US$ in thousands	996,018	746,018	587,941	660,061	603,823
Current ratio		5.96	5.55	5.17	4.34	3.74

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $5,934,290K ÷ $996,018K
= 5.96

The current ratio of Palantir Technologies Inc. Class A Common Stock has shown a consistent upward trend over the past five years, reaching 5.96 as of December 31, 2024, from 3.74 on December 31, 2020. This indicates the company's ability to meet its short-term financial obligations has significantly improved. A current ratio above 1 suggests that the company has sufficient current assets to cover its current liabilities, with higher ratios indicating stronger liquidity and financial stability. Palantir's current ratio has been on an upward trajectory, reflecting a positive liquidity position and potential capacity to easily settle its short-term debts. By consistently improving its current ratio over the years, Palantir Technologies Inc. Class A Common Stock appears to be managing its short-term financial obligations effectively, which could enhance investor confidence in the company's financial health.