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
Bentley Systems Inc
BSY
0.54
Guidewire Software Inc
GWRE
2.77