GURUFOCUS.COM » STOCK LIST » Technology » Software » SEMrush Holdings Inc (NYSE:SEMR) » Definitions » Current Ratio

SEMrush Holdings (SEMrush Holdings) Current Ratio : 2.81 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is SEMrush Holdings Current Ratio?

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. SEMrush Holdings's current ratio for the quarter that ended in Dec. 2023 was 2.81.

SEMrush Holdings has a current ratio of 2.81. It generally indicates good short-term financial strength.

The historical rank and industry rank for SEMrush Holdings's Current Ratio or its related term are showing as below:

SEMR' s Current Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.81   Max: 3.96
Current: 2.81

During the past 5 years, SEMrush Holdings's highest Current Ratio was 3.96. The lowest was 1.02. And the median was 2.81.

SEMR's Current Ratio is ranked better than
69.49% of 2822 companies
in the Software industry
Industry Median: 1.79 vs SEMR: 2.81

SEMrush Holdings Current Ratio Historical Data

The historical data trend for SEMrush Holdings'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.

* Premium members only.

SEMrush Holdings Current Ratio Chart

SEMrush Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
1.49 1.02 3.96 2.90 2.81

SEMrush Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.90 2.74 2.84 2.94 2.81

Competitive Comparison of SEMrush Holdings's Current Ratio

For the Software - Application subindustry, SEMrush Holdings'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.


SEMrush Holdings's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SEMrush Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where SEMrush Holdings's Current Ratio falls into.



SEMrush Holdings Current Ratio Calculation

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.

SEMrush Holdings's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=265.554/94.479
=2.81

SEMrush Holdings's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=265.554/94.479
=2.81

* 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.


SEMrush Holdings  (NYSE:SEMR) Current Ratio Explanation

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.


SEMrush Holdings Current Ratio Related Terms

Thank you for viewing the detailed overview of SEMrush Holdings's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SEMrush Holdings (SEMrush Holdings) Business Description

Traded in Other Exchanges
N/A
Address
800 Boylston Street, Suite 2475, Boston, MA, USA, 02199
SEMrush Holdings Inc is engaged in the provision of an online visibility management software-as-a-service platform. Its platform enables subscribers to improve their online visibility and drive traffic, including on their websites and social media pages, and distribute highly relevant content to their customers on a targeted basis across various channels to drive high-quality traffic and measure the effectiveness of their digital marketing campaigns. Geographically, it generates revenues from the US, the UK, and other regions.
Executives
Eugenie Levin officer: Chief Strategy and CDO C/O SEMRUSH HOLDINGS, INC, 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Andrew Warden officer: Chief Marketing Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Dmitry Melnikov director, 10 percent owner, officer: Chief Operating Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Oleg Shchegolev director, 10 percent owner, officer: Chief Executive Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Vitalii Obishchenko officer: Chief Product Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Mark Vranesh director C/O ZYNGA INC., 699 EIGHTH STREET, SAN FRANCISCO CA 94103
David W Mason officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
William Raymond Wagner director C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Steven Aldrich director C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Anna Baird director C/O SEATGEEK, INC., 902 BROADWAY,10TH FLOOR, NEW YORK NY 10010
Brian Mulroy officer: Chief Financial Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Evgeny Fetisov officer: Chief Financial Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Semr Holdings Ltd. 10 percent owner 2-4 ARCH. MAKARIOS III AVENUE, 9TH FLOOR CAPITAL CENTER, NICOSIA PC G4 1065
Delbert M Humenik officer: Chief Revenue Officer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Greycroft Growth Ii, L.p. 10 percent owner 292 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017