Globant S.A.

Globant S.A.verified

GLOB

Price:

$198.63

Market Cap:

$8.60B

Globant S.A. operates as a technology services company worldwide. It offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. The company also provides smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical device, resea...[Read more]

Industry

Information Technology Services

IPO Date

2014-07-18

Stock Exchange

NYSE

Ticker

GLOB

The Current Ratio as of September 2024 (TTM) for Globant S.A. (GLOB) is 1.55

According to Globant S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of 2.72% compared to the average of 1.51 of the last 4 quarters.

Globant S.A. (GLOB) Historical Current Ratio (quarterly & annually)

How has GLOB Current Ratio performed in the past?

The mean historical Current Ratio of Globant S.A. over the last ten years is 2.32. The current 1.55 Current Ratio has changed 6.59% with respect to the historical average. Over the past ten years (40 quarters), GLOB's Current Ratio was at its highest in in the June 2020 quarter at 4.66. The Current Ratio was at its lowest in in the December 2023 quarter at 1.36.

Quarterly (TTM)
Annual

Average

2.32

Median

2.21

Minimum

1.36

Maximum

3.66

Globant S.A. (GLOB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Globant S.A. 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 = 106.94%

Maximum Annual Current Ratio = 3.66

Minimum Annual Increase = -33.09%

Minimum Annual Current Ratio = 1.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.36-33.09%
20222.04-3.95%
20212.12-18.54%
20202.6037.74%
20191.89-17.46%
20182.2913.08%
20172.03-16.25%
20162.42-11.72%
20152.74-25.15%
20143.66106.94%

Globant S.A. (GLOB) Average Current Ratio

How has GLOB Current Ratio performed in the past?

The current Current Ratio of Globant S.A. (GLOB) 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

1.84

5-year avg

2.00

10-year avg

2.32

Globant S.A. (GLOB) Current Ratio vs. Peers

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

Globant S.A.’s Current Ratio is greater than Accenture plc (1.16), greater than Concentrix Corporation (1.54), less than Cognizant Technology Solutions Corporation (2.46), greater than CDW Corporation (1.13), less than ASGN Incorporated (2.34), less than ExlService Holdings, Inc. (2.44), greater than CACI International Inc (1.27), greater than Clarivate Plc (0.90), less than EPAM Systems, Inc. (4.84), greater than Jack Henry & Associates, Inc. (0.86), greater than Broadridge Financial Solutions, Inc. (1.08), greater than International Business Machines Corporation (1.09), less than Infosys Limited (1.88), greater than Fiserv, Inc. (1.06), less than WNS (Holdings) Limited (1.60), less than TaskUs, Inc. (3.23), less than Genpact Limited (1.89), less than TTEC Holdings, Inc. (1.56),

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Frequently asked questions❓

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