Marqeta, Inc.

Marqeta, Inc.verified

MQ

Price:

$4.91

Market Cap:

$2.50B

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs. It offers its solutions in various verticals, including commerce disruptors, digital banks, tech giants, and financial institutions. As of December 31, 2021, the company had approximately 200 customers. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.[Read more]

Industry

Software - Infrastructure

IPO Date

2021-06-09

Stock Exchange

NASDAQ

Ticker

MQ

The Current Ratio as of September 2024 (TTM) for Marqeta, Inc. (MQ) is 3.77

According to Marqeta, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.77. This represents a change of -9.30% compared to the average of 4.15 of the last 4 quarters.

Marqeta, Inc. (MQ) Historical Current Ratio (quarterly & annually)

How has MQ Current Ratio performed in the past?

The mean historical Current Ratio of Marqeta, Inc. over the last ten years is 4.80. The current 3.77 Current Ratio has changed 7.76% with respect to the historical average. Over the past ten years (40 quarters), MQ's Current Ratio was at its highest in in the June 2021 quarter at 10.23. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

4.80

Median

4.13

Minimum

3.05

Maximum

7.56

Marqeta, Inc. (MQ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Marqeta, 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 = 147.51%

Maximum Annual Current Ratio = 7.56

Minimum Annual Increase = -33.18%

Minimum Annual Current Ratio = 3.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.13-33.18%
20226.17-18.31%
20217.56147.51%
20203.05-0.41%

Marqeta, Inc. (MQ) Average Current Ratio

How has MQ Current Ratio performed in the past?

The current Current Ratio of Marqeta, Inc. (MQ) 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

5.95

5-year avg

4.80

10-year avg

4.80

Marqeta, Inc. (MQ) Current Ratio vs. Peers

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

Marqeta, Inc.’s Current Ratio is greater than DLocal Limited (1.50), less than Doximity, Inc. (6.69), greater than Global-e Online Ltd. (2.28), greater than DigitalOcean Holdings, Inc. (2.47), less than Confluent, Inc. (4.35),

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