Instacart (Maplebear Inc.)

Instacart (Maplebear Inc.)verified

CART

Price:

$34.01

Market Cap:

$8.74B

Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. The company connects the consumer with a personal shopper to shop and deliver a range of products, such as food, alcohol, consumer health, pet care, ready-made meals, and others. The company offers its services through a mobile application or website. The company was incorporated in 2012 and is based in San Francisco, California.[Read more]

Industry

Specialty Retail

IPO Date

2023-09-19

Stock Exchange

NASDAQ

Ticker

CART

The Current Ratio as of September 2024 (TTM) for Instacart (Maplebear Inc.) (CART) is 3.45

According to Instacart (Maplebear Inc.)’s latest financial reports and current stock price. The company's current Current Ratio is 3.45. This represents a change of -15.08% compared to the average of 4.06 of the last 4 quarters.

Instacart (Maplebear Inc.) (CART) Historical Current Ratio (quarterly & annually)

How has CART Current Ratio performed in the past?

The mean historical Current Ratio of Instacart (Maplebear Inc.) over the last ten years is 3.37. The current 3.45 Current Ratio has changed 10.13% with respect to the historical average. Over the past ten years (40 quarters), CART's Current Ratio was at its highest in in the December 2023 quarter at 4.51. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

3.37

Median

4.05

Minimum

0

Maximum

4.85

Instacart (Maplebear Inc.) (CART) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Instacart (Maplebear 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 = 4.85

Minimum Annual Increase = -16.50%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.5130.82%
20223.45-14.81%
20214.05-16.50%
20204.85Infinity%

Instacart (Maplebear Inc.) (CART) Average Current Ratio

How has CART Current Ratio performed in the past?

The current Current Ratio of Instacart (Maplebear Inc.) (CART) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.00

5-year avg

3.37

10-year avg

3.37

Instacart (Maplebear Inc.) (CART) Current Ratio vs. Peers

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

Instacart (Maplebear Inc.)’s Current Ratio is

CompanyCurrent RatioMarket cap

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Frequently asked questions❓

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