MercadoLibre, Inc.

MercadoLibre, Inc.verified

MELI

Price:

$1655.36

Market Cap:

$83.92B

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which e...[Read more]

Industry

Specialty Retail

IPO Date

2007-08-10

Stock Exchange

NASDAQ

Ticker

MELI

The Current Ratio as of July 2024 (TTM) for MercadoLibre, Inc. (MELI) is 1.27

According to MercadoLibre, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.27. This represents a change of -0.28% compared to the average of 1.27 of the last 4 quarters.

MercadoLibre, Inc. (MELI) Historical Current Ratio (quarterly & annually)

How has MELI Current Ratio performed in the past?

The mean historical Current Ratio of MercadoLibre, Inc. over the last ten years is 1.52. The current 1.27 Current Ratio has changed 8.20% with respect to the historical average. Over the past ten years (40 quarters), MELI's Current Ratio was at its highest in in the March 2019 quarter at 2.82. The Current Ratio was at its lowest in in the June 2018 quarter at 1.15.

Quarterly (TTM)
Annual

Average

1.52

Median

1.44

Minimum

1.27

Maximum

2.16

MercadoLibre, Inc. (MELI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MercadoLibre, 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 = 66.87%

Maximum Annual Current Ratio = 2.16

Minimum Annual Increase = -31.99%

Minimum Annual Current Ratio = 1.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.27-1.09%
20221.28-8.66%
20211.40-4.76%
20201.47-31.99%
20192.1666.87%
20181.30-2.53%
20171.33-11.84%
20161.51-12.08%
20151.72-5.79%
20141.8225.13%

MercadoLibre, Inc. (MELI) Average Current Ratio

How has MELI Current Ratio performed in the past?

The current Current Ratio of MercadoLibre, Inc. (MELI) 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

1.32

5-year avg

1.52

10-year avg

1.52

MercadoLibre, Inc. (MELI) Current Ratio vs. Peers

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

MercadoLibre, Inc.’s Current Ratio is less than PDD Holdings Inc. (2.09), greater than JD.com, Inc. (1.15), less than Alibaba Group Holding Limited (1.77), less than Global-e Online Ltd. (2.35), less than Sea Limited (1.46), less than Jumia Technologies AG (1.27), less than Farfetch Limited (1.47), greater than Wayfair Inc. (0.78), greater than Chewy, Inc. (1.07), greater than Vipshop Holdings Limited (1.25),

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Frequently asked questions❓

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