As of May 22, 2025, Planet Fitness Inc (PLNT) reports a Current Ratio of 2.08.
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 Planet Fitness Inc's Current Ratio
Over recent years, Planet Fitness Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.08 |
| 2023-12-31 | 1.88 |
| 2022-12-31 | 2.27 |
| 2021-12-31 | 3.75 |
| 2020-12-31 | 5.07 |
This slight upward trend highlights how Planet Fitness Inc manages its short-term assets and liabilities over time.
Comparing Planet Fitness Inc's Current Ratio to Peers
To better understand Planet Fitness Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Planet Fitness Inc (PLNT) | 2.08 |
| Allied Esports Entertainment Inc (AESE) | 17.96 |
| TWC Enterprises Ltd (TWC.TO) | 3.87 |
| Dover Motorsports Inc (DVD) | 3.49 |
| Great Canadian Gaming Corp (GC.TO) | 2.90 |
| Accel Entertainment Inc (ACEL) | 2.76 |
Compared to its competitors, Planet Fitness Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.