Digital Turbine, Inc.

Digital Turbine, Inc.verified

APPS

Price:

$2.84

Market Cap:

$291.88M

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through three segments: On Device Media, In App Media – AdColony, and In App Media – Fyber. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising, and sponsored and editorial content media. The company also provides an end-to-end platform for brands, agencies, publishers, and application developers to deliver advertising to consumers...[Read more]

Industry

Software - Application

IPO Date

2006-07-06

Stock Exchange

NASDAQ

Ticker

APPS

The Current Ratio as of September 2024 (TTM) for Digital Turbine, Inc. (APPS) is 1.05

According to Digital Turbine, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of -1.05% compared to the average of 1.06 of the last 4 quarters.

Digital Turbine, Inc. (APPS) Historical Current Ratio (quarterly & annually)

How has APPS Current Ratio performed in the past?

The mean historical Current Ratio of Digital Turbine, Inc. over the last ten years is 0.91. The current 1.05 Current Ratio has changed 11.48% with respect to the historical average. Over the past ten years (40 quarters), APPS's Current Ratio was at its highest in in the September 2014 quarter at 2.16. The Current Ratio was at its lowest in in the June 2021 quarter at 0.52.

Quarterly (TTM)
Annual

Average

0.91

Median

0.87

Minimum

0.71

Maximum

1.20

Digital Turbine, Inc. (APPS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Digital Turbine, 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 = 24.14%

Maximum Annual Current Ratio = 1.20

Minimum Annual Increase = -63.48%

Minimum Annual Current Ratio = 0.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.03-14.75%
20231.2012.93%
20221.0721.72%
20210.8824.14%
20200.71-27.17%
20190.9713.12%
20180.8611.40%
20170.771.02%
20160.76-9.70%
20150.84-63.48%

Digital Turbine, Inc. (APPS) Average Current Ratio

How has APPS Current Ratio performed in the past?

The current Current Ratio of Digital Turbine, Inc. (APPS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.10

5-year avg

0.98

10-year avg

0.91

Digital Turbine, Inc. (APPS) Current Ratio vs. Peers

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

Digital Turbine, Inc.’s Current Ratio is greater than Autodesk, Inc. (0.64), less than Intuit Inc. (1.29), less than Zoom Video Communications, Inc. (4.45), less than Snowflake Inc. (1.55), greater than ServiceNow, Inc. (1.05), less than C3.ai, Inc. (7.86), less than Shopify Inc. (7.32), greater than Salesforce, Inc. (0.95), less than Workday, Inc. (1.99),

CompanyCurrent RatioMarket cap
0.64$53.83B
1.29$172.41B
4.45$20.68B
1.55$36.39B
1.05$169.96B
7.86$2.63B
7.32$86.47B
0.95$233.24B
1.99$67.72B

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