AppLovin Corporation Current ratio
| Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|
| Current ratio | 3.6x | 2.5x | 1.1x | 5.1x | 3.3x | 1.7x |
AppLovin Corporation (APP) Current ratio comparison analysis
General
LTM Current ratio
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
APP key stats
| Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|
% growth | 483.4 0.0% | 994.1 105.7% | 1,451.1 46.0% | 2,793.1 92.5% | 2,817.1 0.9% | 3,283.1 16.5% |
| Cost of Goods Sold (COGS) | 53.8 | 241.3 | 555.6 | 988.1 | 1,256.1 | 1,059.2 |
% margin | 429.6 88.9% | 752.8 75.7% | 895.5 61.7% | 1,805.0 64.6% | 1,561.0 55.4% | 2,223.9 67.7% |
| Operating Expenses | 609.9 | 558.5 | 874.9 | 1,655.0 | 1,608.8 | 1,575.7 |
| Research & Development Expenses (R&D) | 16.3 | 45.0 | 180.7 | 366.4 | 507.6 | 592.4 |
| Selling, General & Administrative Expenses (SG&A) | 181.7 | 513.5 | 694.2 | 1,288.6 | 1,101.2 | 982.3 |
% margin | 231.7 47.9% | 194.4 19.6% | 24.8 1.7% | 150.0 5.4% | (8.7) (0.3%) | 648.2 19.7% |
| Interest Income | 60.0 | 74.0 | 77.9 | 84.9 | 171.9 | 0.0 |
| Interest Expense | 0.0 | 74.0 | 77.9 | 103.2 | 171.9 | 275.7 |
| Pre-tax Income | (240.3) | 126.2 | (135.7) | 46.3 | (205.2) | 380.6 |
% effective tax rate | 19.7 (8.2%) | 7.2 5.7% | (9.8) 7.2% | 11.0 23.7% | 12.2 (6.0%) | 23.9 6.3% |
% margin | (260.0) (53.8%) | 119.0 12.0% | (125.9) (8.7%) | 35.4 1.3% | (217.4) (7.7%) | 356.7 10.9% |
| EPS | (1.37) | 0.21 | (0.35) | 0.08 | (0.59) | 1.01 |
| Diluted EPS | (1.37) | 0.21 | (0.35) | 0.08 | (0.59) | 0.98 |
% margin | 247.7 51.3% | 287.8 29.0% | 186.8 12.9% | 597.7 21.4% | 513.8 18.2% | 1,145.2 34.9% |
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FAQ
1) What is AppLovin Corporation's Current ratio?
As of today, Microsoft Corp's last 12-month Current ratio is 2.2x, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Current ratio for AppLovin Corporation have been 2.8x over the past three years, and 2.3x over the past five years.
2) Is AppLovin Corporation's Current ratio Good?
As of today, AppLovin Corporation's Current ratio is 2.2x, which is higher than industry median of 1.8x. It indicates that AppLovin Corporation's Current ratio is Good.