Lemonade, Inc.

Lemonade, Inc.verified

LMND

Price:

$19.02

Market Cap:

$1.35B

Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.[Read more]

Industry

Insurance - Property & Casualty

IPO Date

2020-07-02

Stock Exchange

NYSE

Ticker

LMND

The Current Ratio as of October 2024 (TTM) for Lemonade, Inc. (LMND) is 4.41

According to Lemonade, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.41. This represents a change of -33.64% compared to the average of 6.65 of the last 4 quarters.

Lemonade, Inc. (LMND) Historical Current Ratio (quarterly & annually)

How has LMND Current Ratio performed in the past?

The mean historical Current Ratio of Lemonade, Inc. over the last ten years is 41.55. The current 4.41 Current Ratio has changed 961.39% with respect to the historical average. Over the past ten years (40 quarters), LMND's Current Ratio was at its highest in in the September 2022 quarter at 370.33. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

41.55

Median

39.24

Minimum

4.08

Maximum

88.11

Lemonade, Inc. (LMND) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lemonade, 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 = 173.24%

Maximum Annual Current Ratio = 88.11

Minimum Annual Increase = -85.94%

Minimum Annual Current Ratio = 4.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.08-85.94%
202229.02-56.15%
202166.1832.74%
202049.85-43.42%
201988.11124.56%
201839.24173.24%

Lemonade, Inc. (LMND) Average Current Ratio

How has LMND Current Ratio performed in the past?

The current Current Ratio of Lemonade, Inc. (LMND) 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

33.09

5-year avg

47.45

10-year avg

41.55

Lemonade, Inc. (LMND) Current Ratio vs. Peers

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

Lemonade, Inc.’s Current Ratio is greater than Fiverr International Ltd. (3.17), less than Pinterest, Inc. (9.50), less than Upstart Holdings, Inc. (19.76), greater than Fastly, Inc. (4.13), greater than CrowdStrike Holdings, Inc. (1.81),

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