Confluent, Inc.

Confluent, Inc.verified

CFLT

Price:

$31.52

Market Cap:

$10.34B

Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables to build connectors to integrate Apache Kafka with other apps and data systems; ksqlDB, a database for stream processing applications; and stream governance, a solution that is designed for the intricacies of streaming data, which allows teams to expand usage of real-time data without bypassing requiremen...[Read more]

Industry

Software - Infrastructure

IPO Date

2021-06-24

Stock Exchange

NASDAQ

Ticker

CFLT

The Current Ratio as of November 2024 (TTM) for Confluent, Inc. (CFLT) is 4.24

According to Confluent, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.24. This represents a change of -6.83% compared to the average of 4.55 of the last 4 quarters.

Confluent, Inc. (CFLT) Historical Current Ratio (quarterly & annually)

How has CFLT Current Ratio performed in the past?

The mean historical Current Ratio of Confluent, Inc. over the last ten years is 4.00. The current 4.24 Current Ratio has changed 10.49% with respect to the historical average. Over the past ten years (40 quarters), CFLT's Current Ratio was at its highest in in the March 2022 quarter at 6.64. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

4.00

Median

4.62

Minimum

1.59

Maximum

6.39

Confluent, Inc. (CFLT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Confluent, 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 = 189.70%

Maximum Annual Current Ratio = 6.39

Minimum Annual Increase = -18.97%

Minimum Annual Current Ratio = 1.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.62-10.75%
20225.18-18.97%
20216.39189.70%
20202.2138.57%

Confluent, Inc. (CFLT) Average Current Ratio

How has CFLT Current Ratio performed in the past?

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

3-year avg

5.40

5-year avg

4.00

10-year avg

4.00

Confluent, Inc. (CFLT) Current Ratio vs. Peers

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

Confluent, Inc.’s Current Ratio is greater than DigitalOcean Holdings, Inc. (3.14), less than Doximity, Inc. (7.24), greater than GitLab Inc. (1.97), greater than Global-e Online Ltd. (2.18), greater than monday.com Ltd. (2.67),

CompanyCurrent RatioMarket cap
3.14$3.65B
7.24$9.00B
1.97$10.69B
2.18$8.33B
2.67$14.19B

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