Adobe Inc.

Adobe Inc.verified

ADBE

Price:

$518.74

Market Cap:

$232.40B

Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of appl...[Read more]

Industry

Software - Infrastructure

IPO Date

1986-08-13

Stock Exchange

NASDAQ

Ticker

ADBE

The Current Ratio as of June 2024 (TTM) for Adobe Inc. (ADBE) is 1.16

According to Adobe Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.16. This represents a change of -3.15% compared to the average of 1.20 of the last 4 quarters.

Adobe Inc. (ADBE) Historical Current Ratio (quarterly & annually)

How has ADBE Current Ratio performed in the past?

The mean historical Current Ratio of Adobe Inc. over the last ten years is 1.52. The current 1.16 Current Ratio has changed 7.53% with respect to the historical average. Over the past ten years (40 quarters), ADBE's Current Ratio was at its highest in in the February 2015 quarter at 2.22. The Current Ratio was at its lowest in in the May 2019 quarter at 0.70.

Quarterly (TTM)
Annual

Average

1.52

Median

1.41

Minimum

0.79

Maximum

2.18

Adobe Inc. (ADBE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Adobe Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 86.38%

Maximum Annual Current Ratio = 2.18

Minimum Annual Increase = -45.04%

Minimum Annual Current Ratio = 0.79

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.3421.37%
20221.11-11.31%
20211.25-15.56%
20201.4886.38%
20190.79-29.78%
20181.13-45.04%
20172.05-1.07%
20162.08-4.65%
20152.1818.82%
20141.83-30.87%

Adobe Inc. (ADBE) Average Current Ratio

How has ADBE Current Ratio performed in the past?

The current Current Ratio of Adobe Inc. (ADBE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.23

5-year avg

1.19

10-year avg

1.52

Adobe Inc. (ADBE) Current Ratio vs. Peers

How is ADBE’s Current Ratio compared to its peers?

Adobe Inc.’s Current Ratio is less than CrowdStrike Holdings, Inc. (1.71), less than Splunk Inc. (1.57), less than Palantir Technologies Inc. (5.91), less than Zscaler, Inc. (1.67), greater than Palo Alto Networks, Inc. (0.79), less than Cloudflare, Inc. (3.51), less than Okta, Inc. (1.66), less than Block, Inc. (1.64), less than Microsoft Corporation (1.24),

Build a custom stock screener for Adobe Inc. (ADBE) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Adobe Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Adobe Inc. (ADBE) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Adobe Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Adobe Inc.'s Current Ratio?

How is the Current Ratio calculated for Adobe Inc. (ADBE)?

What is the highest Current Ratio for Adobe Inc. (ADBE)?

What is the 3-year average Current Ratio for Adobe Inc. (ADBE)?

What is the 5-year average Current Ratio for Adobe Inc. (ADBE)?

How does the current Current Ratio for Adobe Inc. (ADBE) compare to its historical average?