Grid Dynamics Holdings Current Ratio Growth & History (GDYN)
Grid Dynamics Holdings's current ratio was 8.43 for fiscal 2025.
View full Grid Dynamics Holdings company overviewGrid Dynamics Holdings annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 8.43 | 0.81 | +10.67% |
| 2024 | 2024-12-31 | 7.62 | −0.05 | −0.68% |
| 2023 | 2023-12-31 | 7.67 | −0.67 | −8.08% |
| 2022 | 2022-12-31 | 8.35 | 0.74 | +9.75% |
| 2021 | 2021-12-31 | 7.61 | −2.50 | −24.75% |
| 2020 | 2020-12-31 | 10.11 | 2.15 | +27.08% |
| 2019 | 2019-12-31 | 7.95 | 5.24 | +193.63% |
| 2018 | 2018-12-31 | 2.71 | — | — |
Grid Dynamics Holdings quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.22 | −0.16 | −2.14% |
| Q1 2026 | 2026-03-31 | 7.88 | 0.63 | +8.73% |
| Q4 2025 | 2025-12-31 | 8.43 | 0.81 | +10.67% |
| Q3 2025 | 2025-09-30 | 7.63 | 1.67 | +28.05% |
| Q2 2025 | 2025-06-30 | 7.37 | 0.23 | +3.26% |
| Q1 2025 | 2025-03-31 | 7.25 | −0.23 | −3.13% |
| Q4 2024 | 2024-12-31 | 7.62 | −0.05 | −0.68% |
| Q3 2024 | 2024-09-30 | 5.96 | −0.26 | −4.16% |
| Q2 2024 | 2024-06-30 | 7.14 | 1.13 | +18.78% |
| Q1 2024 | 2024-03-31 | 7.48 | 0.92 | +14.10% |
| Q4 2023 | 2023-12-31 | 7.67 | −0.67 | −8.08% |
| Q3 2023 | 2023-09-30 | 6.21 | −3.88 | −38.44% |
| Q2 2023 | 2023-06-30 | 6.01 | 0.63 | +11.61% |
| Q1 2023 | 2023-03-31 | 6.55 | 0.24 | +3.73% |
| Q4 2022 | 2022-12-31 | 8.35 | 0.74 | +9.75% |
| Q3 2022 | 2022-09-30 | 10.09 | 0.15 | +1.47% |
| Q2 2022 | 2022-06-30 | 5.39 | 1.12 | +26.11% |
| Q1 2022 | 2022-03-31 | 6.32 | −0.73 | −10.35% |
| Q4 2021 | 2021-12-31 | 7.61 | −2.50 | −24.75% |
| Q3 2021 | 2021-09-30 | 9.95 | — | — |
| Q2 2021 | 2021-06-30 | 4.27 | — | — |
| Q1 2021 | 2021-03-31 | 7.05 | — | — |
| Q4 2020 | 2020-12-31 | 10.11 | 2.15 | +27.08% |
| Q4 2019 | 2019-12-31 | 7.95 | 5.24 | +193.63% |
| Q3 2019 | 2019-09-30 | 1.68 | — | — |
| Q2 2019 | 2019-06-30 | 2.01 | — | — |
| Q1 2019 | 2019-03-31 | 1.41 | — | — |
| Q4 2018 | 2018-12-31 | 2.71 | — | — |
Grid Dynamics Holdings current ratio trends
Over the last five fiscal years, Grid Dynamics Holdings's current ratio decreased from 10.11 to 8.43, a change of −1.67. The latest reported quarter, Q2 2026, shows 7.22.
What the current ratio means
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.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-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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