Grid Dynamics Holdings (GDYN) Current Ratio

Price: $15.81
Market Cap: $1.33B
Avg Volume: 999.67K
Country: US
Industry: Information Technology Services
Sector: Technology
Beta: 0.92
52W Range: $9.07-25.5
Website: Grid Dynamics Holdings

Grid Dynamics Holdings Current Ratio

  • Annual: 7.62
  • Quarterly: 7.62
  • TTM: 7.62

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Grid Dynamics Holdings's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 7.62
    • Quarterly: 7.62
    • TTM: 7.62
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 6.03
    • Quarterly: 6.03
    • TTM: 6.03

These metrics provide insights into Grid Dynamics Holdings's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

7.62

Quarterly Current Ratio

7.62

TTM Current Ratio

7.62

Grid Dynamics Holdings Historical Current Ratio
12.0012.009.009.006.006.003.003.000.000.00Current Ratio2018201820192019202020202021202120222022202320232024202420252025
Historical Quick Ratio
12.0012.009.009.006.006.003.003.000.000.00Quick Ratio2018201820192019202020202021202120222022202320232024202420252025
Historical Cash Ratio
10.0010.008.008.006.006.004.004.002.002.000.000.00Cash Ratio2018201820192019202020202021202120222022202320232024202420252025

Grid Dynamics Holdings Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Current Ratio Quick Ratio Cash Ratio
2024 7.62 7.62 6.03
2023 7.67 7.67 6.09
2022 8.35 8.24 6.63
2021 7.61 7.58 5.70
2020 10.11 10.05 8.47
2019 7.95 7.69 5.08
2018 4.46 4.41 2.14
2017 4.29 4.29 1.53

Related Metrics

Explore detailed financial metrics and analysis for GDYN.