TrueCar, Inc.

TrueCar, Inc.verified

TRUE

Price:

$4.02

Market Cap:

$365.38M

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geograph...[Read more]

Industry

Internet Content & Information

IPO Date

2014-05-16

Stock Exchange

NASDAQ

Ticker

TRUE

The Current Ratio as of November 2024 (TTM) for TrueCar, Inc. (TRUE) is 5.33

According to TrueCar, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.33. This represents a change of -1.85% compared to the average of 5.43 of the last 4 quarters.

TrueCar, Inc. (TRUE) Historical Current Ratio (quarterly & annually)

How has TRUE Current Ratio performed in the past?

The mean historical Current Ratio of TrueCar, Inc. over the last ten years is 5.84. The current 5.33 Current Ratio has changed 9.03% with respect to the historical average. Over the past ten years (40 quarters), TRUE's Current Ratio was at its highest in in the March 2022 quarter at 8.96. The Current Ratio was at its lowest in in the June 2019 quarter at 3.09.

Quarterly (TTM)
Annual

Average

5.84

Median

5.89

Minimum

3.91

Maximum

8.57

TrueCar, Inc. (TRUE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TrueCar, 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 = 111.18%

Maximum Annual Current Ratio = 8.57

Minimum Annual Increase = -28.00%

Minimum Annual Current Ratio = 3.91

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.63-12.44%
20226.43-25.04%
20218.5710.11%
20207.7975.95%
20194.43-28.00%
20186.15-4.16%
20176.4148.30%
20164.3210.55%
20153.91-17.63%
20144.75111.18%

TrueCar, Inc. (TRUE) Average Current Ratio

How has TRUE Current Ratio performed in the past?

The current Current Ratio of TrueCar, Inc. (TRUE) 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

6.88

5-year avg

6.57

10-year avg

5.84

TrueCar, Inc. (TRUE) Current Ratio vs. Peers

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

TrueCar, Inc.’s Current Ratio is greater than Liberty TripAdvisor Holdings, Inc. (1.04), greater than Thryv Holdings, Inc. (1.09), greater than Liberty TripAdvisor Holdings, Inc. (1.04), greater than Outbrain Inc. (1.36), greater than comScore, Inc. (0.46), greater than Auto Trader Group plc (1.66), less than The Arena Group Holdings, Inc. (0), greater than Cheetah Mobile Inc. (0.13), greater than Vivid Seats Inc. (1.25), greater than Metalpha Technology Holding Limited (0.79), greater than Locafy Limited (1.11), greater than 36Kr Holdings Inc. (0.68), greater than TuanChe Limited (1.60), greater than Quizam Media Corporation (0.71), greater than null (0.42),

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Frequently asked questions❓

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