Q2 Holdings (QTWO)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 558,660 427,964 531,076 522,450 616,216
Total current liabilities US$ in thousands 398,900 191,563 192,042 168,358 145,826
Current ratio 1.40 2.23 2.77 3.10 4.23

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $558,660K ÷ $398,900K
= 1.40