Yelp Inc (YELP)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 516,879 | 624,216 | 595,992 | 644,677 | 712,725 |
| Total current liabilities | US$ in thousands | 154,974 | 175,864 | 182,824 | 164,013 | 143,030 |
| Current ratio | 3.34 | 3.55 | 3.26 | 3.93 | 4.98 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $516,879K ÷ $154,974K
= 3.34
The current ratio of Yelp Inc has shown a decreasing trend over the past five years. It was 4.98 as of December 31, 2020, indicating a strong ability to cover its short-term obligations with current assets. However, the ratio decreased to 3.93 by December 31, 2021, and further to 3.26 by December 31, 2022. Despite the decrease, the company still maintained a ratio above 1, suggesting it can meet its short-term liabilities.
By December 31, 2023, the current ratio slightly improved to 3.55, indicating a better liquidity position compared to the previous year. However, by December 31, 2024, the ratio decreased again to 3.34, showing a slight decline in liquidity. Overall, while the current ratio has decreased over the years, Yelp Inc continues to demonstrate the ability to meet its short-term financial obligations with its current assets.
Peer comparison
Dec 31, 2024