Market Cap : 21.76 B | Enterprise Value : 18 B | PE Ratio : 10.44 | PB Ratio : 3.34 |
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Coinbase Global's current ratio for the quarter that ended in Mar. 2022 was 1.55.
Coinbase Global has a current ratio of 1.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for Coinbase Global's Current Ratio or its related term are showing as below:
During the past 3 years, Coinbase Global's highest Current Ratio was 1.65. The lowest was 1.20. And the median was 1.55.
COIN's Current Ratio is ranked worse thanThe historical data trend for Coinbase Global's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Application subindustry, Coinbase Global's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Software industry and Technology sector, Coinbase Global's Current Ratio distribution charts can be found below:
* The bar in red indicates where Coinbase Global's Current Ratio falls into.
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
Coinbase Global's Current Ratio for the fiscal year that ended in Dec. 2021
Coinbase Global's Current Ratio for the quarter that ended in Mar. 2022 is calculated as * For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
Current Ratio (A: Dec. 2021 ) = Total Current Assets (A: Dec. 2021 ) / Total Current Liabilities (A: Dec. 2021 )
= 18373.863 / 11419.035
= 1.61
Current Ratio (Q: Mar. 2022 ) = Total Current Assets (Q: Mar. 2022 ) / Total Current Liabilities (Q: Mar. 2022 )
= 16940.652 / 10921.823
= 1.55
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Thank you for viewing the detailed overview of Coinbase Global's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Lutke Tobias | director | C/O SHOPIFY INC. 150 ELGIN ST., 8TH FLOOR OTTAWA A6 K2P 1L4 |
Ah Capital Management, L.l.c. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Cnk Fund I, L.p. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Choi Emilie | officer: President | C/O COINBASE GLOBAL, INC. 100 PINE STREET, SUITE 1250 SAN FRANCISCO CA 94111 |
Andreessen Horowitz Lsv Fund I, L.p. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Ah Equity Partners Lsv I, L.l.c. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Andreessen Horowitz Lsv Fund I-q, L.p. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Andreessen Horowitz Lsv Fund I-b, L.p. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Union Square 2012 Gp, L.l.c. | 10 percent owner | 915 BROADWAY 19TH FLOOR NEW YORK NY 10010 |
Usv Opportunity 2014, Lp | 10 percent owner | 915 BROADWAY, 19TH FLOOR NEW YORK NY 10010 |
Usv Opportunity Investors 2014, Lp | 10 percent owner | 915 BROADWAY, 19TH FLOOR NEW YORK NY 10010 |
Usv Opportunity 2014 Gp, Llc | 10 percent owner | 915 BROADWAY, 19TH FLOOR NEW YORK NY 10010 |
Brian Armstrong Living Trust | 10 percent owner | C/O COINBASE GLOBAL, INC. 100 PINE STREET, SUITE 1250 SAN FRANCISCO CA 94111 |
Cnk Equity Partners I, L.l.c. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
Cnk Fund I-b, L.p. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 |
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