Paying user area
Try for free
AppLovin Corp. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Enterprise Value (EV)
- Selected Financial Data since 2021
- Return on Assets (ROA) since 2021
- Total Asset Turnover since 2021
- Price to Earnings (P/E) since 2021
- Price to Operating Profit (P/OP) since 2021
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to AppLovin Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
---|---|---|---|---|---|
Dec 31, 2024 | = | ÷ | |||
Dec 31, 2023 | = | ÷ | |||
Dec 31, 2022 | = | ÷ | |||
Dec 31, 2021 | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
1 US$ in thousands
- Current Assets
- The current assets have shown a declining trend from 3,235,064 thousand US dollars in 2021 to 1,616,163 thousand US dollars in 2023, representing a significant reduction over two years. However, there is a noticeable recovery in 2024, with current assets increasing to 2,312,190 thousand US dollars.
- Current Liabilities
- Current liabilities decreased modestly from 640,097 thousand US dollars in 2021 to 578,958 thousand US dollars in 2022. Thereafter, there is a substantial increase to 944,122 thousand US dollars in 2023 and a further rise to 1,057,472 thousand US dollars in 2024, indicating growing short-term obligations.
- Current Ratio
- The current ratio, which measures the company's ability to meet short-term liabilities with short-term assets, declined markedly from 5.05 in 2021 to 1.71 in 2023. This suggests a weakening liquidity position over these years. Nonetheless, in 2024, the current ratio improved to 2.19, reflecting a partial recovery in liquidity, although it remains below the levels seen in 2021 and 2022.
Comparison to Competitors
AppLovin Corp. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec 31, 2024 | ||||||||||||||||
Dec 31, 2023 | ||||||||||||||||
Dec 31, 2022 | ||||||||||||||||
Dec 31, 2021 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
Comparison to Sector (Software & Services)
AppLovin Corp. | Software & Services | |
---|---|---|
Dec 31, 2024 | ||
Dec 31, 2023 | ||
Dec 31, 2022 | ||
Dec 31, 2021 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
Comparison to Industry (Information Technology)
AppLovin Corp. | Information Technology | |
---|---|---|
Dec 31, 2024 | ||
Dec 31, 2023 | ||
Dec 31, 2022 | ||
Dec 31, 2021 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).