Alkami Technology, Inc.

Alkami Technology, Inc.verified

ALKT

Price:

$39.12

Market Cap:

$3.93B

Alkami Technology, Inc. offers a cloud-based digital banking platform in the United States. The company's platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, multi-tenant architecture. It offers an end- to- end set of software products, which include Alkami Platform, Retail Banking Solutions, Business Banking Solutions, and The Alkami Difference. It serves community, regional, credit unions, and retail and business banking. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.[Read more]

Industry

Software - Application

IPO Date

2021-04-14

Stock Exchange

NASDAQ

Ticker

ALKT

The Current Ratio as of December 2024 (TTM) for Alkami Technology, Inc. (ALKT) is 3.52

According to Alkami Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.52. This represents a change of -0.27% compared to the average of 3.53 of the last 4 quarters.

Alkami Technology, Inc. (ALKT) Historical Current Ratio (quarterly & annually)

How has ALKT Current Ratio performed in the past?

The mean historical Current Ratio of Alkami Technology, Inc. over the last ten years is 5.16. The current 3.52 Current Ratio has changed 6.72% with respect to the historical average. Over the past ten years (40 quarters), ALKT's Current Ratio was at its highest in in the June 2021 quarter at 12.46. The Current Ratio was at its lowest in in the June 2001 quarter at 0.

Quarterly (TTM)
Annual

Average

5.16

Median

4.79

Minimum

0

Maximum

10.40

Alkami Technology, Inc. (ALKT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Alkami Technology, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 10.40

Minimum Annual Increase = -44.03%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.77-35.24%
20225.82-44.03%
202110.4010.21%
20209.43514.26%
20191.54Infinity%

Alkami Technology, Inc. (ALKT) Average Current Ratio

How has ALKT Current Ratio performed in the past?

The current Current Ratio of Alkami Technology, Inc. (ALKT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.66

5-year avg

6.19

10-year avg

5.16

Alkami Technology, Inc. (ALKT) Current Ratio vs. Peers

How is ALKT’s Current Ratio compared to its peers?

Alkami Technology, Inc.’s Current Ratio is greater than MiX Telematics Limited (1.22), greater than Agilysys, Inc. (1.13), greater than Adeia Inc. (3.42), greater than Paycor HCM, Inc. (1.15), greater than Paylocity Holding Corporation (1.28), greater than PowerSchool Holdings, Inc. (0.27), less than Clearwater Analytics Holdings, Inc. (4.66), greater than Momentive Global Inc. (0.91), greater than Workiva Inc. (1.83), greater than BlackLine, Inc. (2.69), greater than American Software, Inc. (2.19), greater than Asure Software, Inc. (1.07), greater than Blackbaud, Inc. (0.68), less than Enfusion, Inc. (3.62), greater than MeridianLink, Inc. (1.86), less than Model N, Inc. (3.82), less than CoreCard Corporation (4.90),

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