As of May 29, 2025, Globant SA (GLOB) reports a Current Ratio of 1.54.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Globant SA's Current Ratio
Over recent years, Globant SA's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.54 |
| 2023-12-31 | 1.36 |
| 2022-12-31 | 2.00 |
| 2021-12-31 | 2.12 |
| 2020-12-31 | 2.61 |
This slight downward trend highlights how Globant SA manages its short-term assets and liabilities over time.
Comparing Globant SA's Current Ratio to Peers
To better understand Globant SA's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Globant SA (GLOB) | 1.54 |
| Perficient Inc (PRFT) | 4.15 |
| TSR Inc (TSRI) | 3.00 |
| Virtusa Corp (VRTU) | 2.70 |
| Information Services Group Inc (III) | 2.38 |
| Bell Industries Inc (BLLI) | 2.22 |
Compared to its competitors, Globant SA's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.