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
Peer comparison
Dec 31, 2024
Company name
Symbol
Current ratio
Q2 Holdings
QTWO
1.40
Adobe Systems Incorporated
ADBE
1.07
Bentley Systems Inc
BSY
0.54
Fair Isaac Corporation
FICO
0.83
Guidewire Software Inc
GWRE
2.77
PTC Inc
PTC
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