Quick Ratio

AppLovin's quick ratio of 3.16x means the company has $3.16 in liquid assets (cash, equivalents, and receivables) for every $1 of current liabilities owed within a year, signaling strong short-term financial health.

This figure sits well above the technology sector median of 1.61x, placing AppLovin in the 76th percentile among peers — meaning it has a higher quick ratio than three out of four comparable companies. Trend data is not available: the year-over-year change, quarter-over-quarter change, and historical values for the last eight quarters are all marked N/A, so no trajectory can be assessed. The combination of a high current level with no trend information limits the ability to judge whether the ratio is improving or deteriorating, leaving the risk profile unclear. This metric supports the NEUTRAL verdict because a strong quick ratio reduces short-term default risk, but the absence of trend data prevents any bullish or bearish tilt beyond the current snapshot.

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