Yelp Inc (YELP)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 516,879 | 590,228 | 583,679 | 606,900 | 624,216 | 625,939 | 587,510 | 591,594 | 595,992 | 623,101 | 611,186 | 637,341 | 644,677 | 667,106 | 689,182 | 703,346 | 712,725 | 694,192 | 617,393 | 594,873 |
| Total current liabilities | US$ in thousands | 154,974 | 170,369 | 158,073 | 191,296 | 175,864 | 189,686 | 215,531 | 199,297 | 182,824 | 199,384 | 180,006 | 195,631 | 164,013 | 150,532 | 159,223 | 156,051 | 143,030 | 162,505 | 120,530 | 140,681 |
| Current ratio | 3.34 | 3.46 | 3.69 | 3.17 | 3.55 | 3.30 | 2.73 | 2.97 | 3.26 | 3.13 | 3.40 | 3.26 | 3.93 | 4.43 | 4.33 | 4.51 | 4.98 | 4.27 | 5.12 | 4.23 |
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 exhibited fluctuations over the past few years. As of December 31, 2024, the current ratio stood at 3.34, indicating that the company had $3.34 in current assets for every $1 in current liabilities. This suggests that Yelp Inc may have had a relatively healthy liquidity position at that point in time.
However, it is important to note that the current ratio has shown a declining trend from its peak of 5.12 on June 30, 2020. The gradual decrease in the current ratio may raise concerns about Yelp Inc's ability to meet its short-term obligations using its current assets.
Overall, while the current ratio of 3.34 as of December 31, 2024, suggests a reasonable liquidity position, the downward trend observed over the years indicates a need for further monitoring of Yelp Inc's liquidity management and short-term financial health.
Peer comparison
Dec 31, 2024