Purple Innovation, Inc.

Purple Innovation, Inc.verified

PRPL

Price:

$1.07

Market Cap:

$115.03M

Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. The company also offers bases, foundations, sheets, mattress protectors, bed frames, seat cushions, weighted blankets, and duvets, as well as pet beds. It markets and sells its products through its e-commerce online channels retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through Purple retail showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah.[Read more]

Industry

Furnishings, Fixtures & Appliances

IPO Date

2015-10-29

Stock Exchange

NASDAQ

Ticker

PRPL

The Current Ratio as of September 2024 (TTM) for Purple Innovation, Inc. (PRPL) is 1.43

According to Purple Innovation, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.43. This represents a change of 2.02% compared to the average of 1.40 of the last 4 quarters.

Purple Innovation, Inc. (PRPL) Historical Current Ratio (quarterly & annually)

How has PRPL Current Ratio performed in the past?

The mean historical Current Ratio of Purple Innovation, Inc. over the last ten years is 1.55. The current 1.43 Current Ratio has changed 9.14% with respect to the historical average. Over the past ten years (40 quarters), PRPL's Current Ratio was at its highest in in the September 2015 quarter at 13.39. The Current Ratio was at its lowest in in the June 2017 quarter at 0.10.

Quarterly (TTM)
Annual

Average

1.55

Median

1.30

Minimum

0.13

Maximum

5.92

Purple Innovation, Inc. (PRPL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Purple Innovation, 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 = 729.24%

Maximum Annual Current Ratio = 5.92

Minimum Annual Increase = -97.50%

Minimum Annual Current Ratio = 0.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.28-21.32%
20221.620.49%
20211.62-6.73%
20201.7331.89%
20191.3133.80%
20180.98668.86%
20170.13-13.87%
20160.15-97.50%
20155.92729.24%

Purple Innovation, Inc. (PRPL) Average Current Ratio

How has PRPL Current Ratio performed in the past?

The current Current Ratio of Purple Innovation, Inc. (PRPL) 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

1.51

5-year avg

1.51

10-year avg

1.55

Purple Innovation, Inc. (PRPL) Current Ratio vs. Peers

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

Purple Innovation, Inc.’s Current Ratio is greater than Tempur Sealy International, Inc. (1.21), less than La-Z-Boy Incorporated (1.90), less than MasterBrand, Inc. (2.24), less than Ethan Allen Interiors Inc. (2.16), less than Hamilton Beach Brands Holding Company (1.49), greater than Kimball International, Inc. (1.41), less than Lifetime Brands, Inc. (2.35), greater than Sleep Number Corporation (0.20), less than Mohawk Industries, Inc. (1.92), less than Leggett & Platt, Incorporated (1.53), less than Bassett Furniture Industries, Incorporated (2.02), less than American Woodmark Corporation (1.98),

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