GTLB
Price:
$27.79
Market Cap:
$4.69B
GitLab Inc., through its various operating entities, specializes in developing software solutions that facilitate the entire software development lifecycle. The company's operations span the United States, Europe, and the Asia Pacific regions. Its primary offering is GitLab, a unified DevOps platform. This single application is engineered to boost development speed, offering extensive visibility and precise command over every phase of the DevOps workflow. The platform's objective is to enable businesses to effectively plan, build, secure, and release software, thereby driving positive business results. Additionally, GitLab Inc. provides a range of associated training and expert consultation ...[Read more]
Industry
Software - Application
IPO Date
2021-10-14
Stock Exchange
NASDAQ
Ticker
GTLB
According to GitLab Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.55. This represents a change of -1.44% compared to the average of 2.59 of the last 4 quarters.
The mean historical Current Ratio of GitLab Inc. over the last ten years is 3.22. The current 2.55 Current Ratio has changed 7.81% with respect to the historical average. Over the past ten years (40 quarters), GTLB's Current Ratio was at its highest in in the October 2021 quarter at 5.55. The Current Ratio was at its lowest in in the April 2020 quarter at 0.
Average
3.22
Median
2.74
Minimum
1.90
Maximum
4.94
Discovering the peaks and valleys of GitLab 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 = 58.89%
Maximum Annual Current Ratio = 4.94
Minimum Annual Increase = -48.03%
Minimum Annual Current Ratio = 1.90
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 2.54 | 3.56% |
| 2025 | 2.45 | 29.26% |
| 2024 | 1.90 | -48.03% |
| 2023 | 3.65 | -16.16% |
| 2022 | 4.35 | 58.89% |
| 2021 | 2.74 | -44.56% |
The current Current Ratio of GitLab Inc. (GTLB) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.30
5-year avg
2.98
10-year avg
3.22
GitLab Inc.’s Current Ratio is greater than NICE Ltd. (1.22), greater than Lyft, Inc. (0.58), less than ServiceTitan, Inc. (4.44), greater than Paylocity Holding Corporation (0.13), greater than Match Group, Inc. (1.57), less than SoundHound AI, Inc. (3.94), greater than Sportradar Group AG (1.06), less than Life360, Inc. (5.36), greater than The Descartes Systems Group Inc. (2.05), less than AppFolio, Inc. (3.52),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.22 | $5.20B | |
| 0.58 | $5.14B | |
| 4.44 | $6.37B | |
| 0.13 | $5.83B | |
| 1.57 | $8.14B | |
| 3.94 | $2.99B | |
| 1.06 | $4.73B | |
| 5.36 | $3.67B | |
| 2.05 | $6.27B | |
| 3.52 | $5.78B |
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