Believe annual current ratio
2020
2021
2022
2023
2024
Believe's current ratio was 0.71 for fiscal 2024.
View full Believe company overview| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.71 | −0.14 | −16.18% |
| 2023 | 2023-12-31 | 0.85 | −0.23 | −21.21% |
| 2022 | 2022-12-31 | 1.07 | −0.11 | −9.07% |
| 2021 | 2021-12-31 | 1.18 | 0.22 | +22.91% |
| 2020 | 2020-12-31 | 0.96 | — | — |
Between the periods ended 2020-12-31 and 2024-12-31, Believe's current ratio decreased from 0.96 to 0.71, a change of −0.25.
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
TickerStat calculates the current ratio as reported current assets divided by reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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