AppLovin Corporation

AppLovin Corporationverified

APP

Price:

$143

Market Cap:

$47.80B

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers...[Read more]

Industry

Software - Application

IPO Date

2021-04-15

Stock Exchange

NASDAQ

Ticker

APP

The Current Ratio as of October 2024 (TTM) for AppLovin Corporation (APP) is 2.28

According to AppLovin Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.28. This represents a change of 18.05% compared to the average of 1.93 of the last 4 quarters.

AppLovin Corporation (APP) Historical Current Ratio (quarterly & annually)

How has APP Current Ratio performed in the past?

The mean historical Current Ratio of AppLovin Corporation over the last ten years is 2.88. The current 2.28 Current Ratio has changed 7.81% with respect to the historical average. Over the past ten years (40 quarters), APP's Current Ratio was at its highest in in the December 2021 quarter at 5.05. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.88

Median

2.90

Minimum

1.11

Maximum

5.05

AppLovin Corporation (APP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of AppLovin Corporation 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 = 355.90%

Maximum Annual Current Ratio = 5.05

Minimum Annual Increase = -54.83%

Minimum Annual Current Ratio = 1.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.71-48.89%
20223.35-33.73%
20215.05355.90%
20201.11-54.83%
20192.45-31.42%

AppLovin Corporation (APP) Average Current Ratio

How has APP Current Ratio performed in the past?

The current Current Ratio of AppLovin Corporation (APP) 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

3.37

5-year avg

2.74

10-year avg

2.88

AppLovin Corporation (APP) Current Ratio vs. Peers

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

AppLovin Corporation’s Current Ratio is greater than Workday, Inc. (1.99), greater than Snowflake Inc. (1.55), less than C3.ai, Inc. (7.86), less than Zoom Video Communications, Inc. (4.45), greater than Intuit Inc. (1.29), less than monday.com Ltd. (2.63), greater than Atlassian Corporation (1.18), greater than Datadog, Inc. (1.98), greater than GitLab Inc. (1.92), greater than DocuSign, Inc. (0.84), greater than Bill.com Holdings, Inc. (1.55), greater than Asana, Inc. (1.57), less than Shopify Inc. (7.32), less than JFrog Ltd. (2.56),

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