Palantir Technologies (PLTR) Current Ratio
Price: $42.813
Market Cap: $91.72B
Avg Volume: 59.72M
Market Cap: $91.72B
Avg Volume: 59.72M
Country: US
Industry: Software - Infrastructure
Sector: Technology
Industry: Software - Infrastructure
Sector: Technology
Palantir Technologies Current Ratio
- Annual: 5.55
- Quarterly: 5.92
- TTM: 5.92
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 Palantir Technologies's financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 5.55
- Quarterly: 5.92
- TTM: 5.92
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 1.11
- Quarterly: 0.64
- TTM: 0.64
These metrics provide insights into Palantir Technologies'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
5.55
Quarterly Current Ratio
5.92
TTM Current Ratio
5.92
Palantir Technologies Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
Palantir Technologies Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Current Ratio | Quick Ratio | Cash Ratio |
|---|---|---|---|
| 2023 | 5.55 | 5.55 | 1.11 |
| 2022 | 5.17 | 5.15 | 4.42 |
| 2021 | 4.34 | 4.28 | 3.47 |
| 2020 | 3.74 | 3.68 | 3.33 |
| 2019 | 1.67 | 1.59 | 1.48 |
| 2018 | 2.29 | 2.27 | 2.10 |