As of June 19, 2025, Palantir Technologies Inc (PLTR) reports a Current Ratio of 5.96.
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 Palantir Technologies Inc's Current Ratio
Over recent years, Palantir Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 5.96 |
| 2023-12-31 | 5.55 |
| 2022-12-31 | 5.17 |
| 2021-12-31 | 4.34 |
| 2020-12-31 | 3.74 |
This steady improvement highlights how Palantir Technologies Inc manages its short-term assets and liabilities over time.
Comparing Palantir Technologies Inc's Current Ratio to Peers
To better understand Palantir Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Palantir Technologies Inc (PLTR) | 5.96 |
| Zoom Video Communications Inc (ZM) | 4.56 |
| Avalara Inc (AVLR) | 3.13 |
| ANSYS Inc (ANSS) | 3.01 |
| Cadence Design Systems Inc (CDNS) | 2.93 |
| Slack Technologies Inc (WORK) | 2.70 |
Compared to its competitors, Palantir Technologies Inc's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.