TechTarget, Inc. Common Stock (TTGT)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 455,617 | 371,473 | 430,837 | 438,111 | 127,763 |
| Total current liabilities | US$ in thousands | 535,257 | 36,990 | 57,888 | 70,000 | 46,418 |
| Current ratio | 0.85 | 10.04 | 7.44 | 6.26 | 2.75 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $455,617K ÷ $535,257K
= 0.85
The current ratio of TechTarget, Inc. Common Stock has shown a consistent upward trend over the past few years. Starting at 2.75 in December 31, 2020, the ratio has steadily increased to 6.26 as of December 31, 2021, further improving to 7.44 by December 31, 2022. By the end of December 31, 2023, the current ratio significantly rose to 10.04, indicating the company's strong ability to cover its short-term liabilities with its current assets. The data for December 31, 2024 is not available, but based on the trend observed in the previous years, TechTarget, Inc. Common Stock appears to have a healthy liquidity position and a strong financial footing.
Peer comparison
Dec 31, 2024