Nerdy, Inc.

Nerdy, Inc.verified

NRDY

Price:

$1.4

Market Cap:

$252.52M

Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including AI, to connect learners of various ages to experts, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. The company's flagship business, Varsity Tutors, operates platforms for live online tutoring and classes. Its solutions are available directly to learners, as well as through schools and other institutions. The company was founded in 2007 and is headquart...[Read more]

Industry

Software - Application

IPO Date

2020-11-27

Stock Exchange

NYSE

Ticker

NRDY

The Current Ratio as of November 2024 (TTM) for Nerdy, Inc. (NRDY) is 2.18

According to Nerdy, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.18. This represents a change of -19.60% compared to the average of 2.71 of the last 4 quarters.

Nerdy, Inc. (NRDY) Historical Current Ratio (quarterly & annually)

How has NRDY Current Ratio performed in the past?

The mean historical Current Ratio of Nerdy, Inc. over the last ten years is 1.92. The current 2.18 Current Ratio has changed 11.25% with respect to the historical average. Over the past ten years (40 quarters), NRDY's Current Ratio was at its highest in in the December 2021 quarter at 3.71. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.92

Median

2.00

Minimum

0

Maximum

3.71

Nerdy, Inc. (NRDY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nerdy, 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 = 3.71

Minimum Annual Increase = -31.29%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.67-7.44%
20222.88-22.25%
20213.71303.59%
20200.92-31.29%
20191.34Infinity%

Nerdy, Inc. (NRDY) Average Current Ratio

How has NRDY Current Ratio performed in the past?

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

3-year avg

3.09

5-year avg

2.30

10-year avg

1.92

Nerdy, Inc. (NRDY) Current Ratio vs. Peers

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

Nerdy, Inc.’s Current Ratio is less than Latch, Inc. (8.16), greater than Docebo Inc. (1.13), greater than Guidewire Software, Inc. (1.55), greater than Instructure Holdings, Inc. (0.79), less than Model N, Inc. (3.82), less than Enfusion, Inc. (3.62), less than ON24, Inc. (2.75), greater than Paycor HCM, Inc. (1.15), greater than PowerSchool Holdings, Inc. (0.27), less than PDF Solutions, Inc. (3.32), greater than Waldencast plc (1.47), less than MoneyLion Inc. (6.49), greater than Porch Group, Inc. (0.83), greater than Wag! Group Co. (0.62), greater than Momentive Global Inc. (0.91), greater than PROS Holdings, Inc. (1.28), greater than MiX Telematics Limited (1.22), greater than MeridianLink, Inc. (1.86),

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