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Integral Ad Science Holding (Integral Ad Science Holding) Current Ratio : 4.32 (As of Mar. 2024)


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What is Integral Ad Science Holding Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Integral Ad Science Holding's current ratio for the quarter that ended in Mar. 2024 was 4.32.

Integral Ad Science Holding has a current ratio of 4.32. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Integral Ad Science Holding's Current Ratio or its related term are showing as below:

IAS' s Current Ratio Range Over the Past 10 Years
Min: 3.01   Med: 3.47   Max: 4.32
Current: 4.32

During the past 5 years, Integral Ad Science Holding's highest Current Ratio was 4.32. The lowest was 3.01. And the median was 3.47.

IAS's Current Ratio is ranked better than
86.93% of 1056 companies
in the Media - Diversified industry
Industry Median: 1.625 vs IAS: 4.32

Integral Ad Science Holding Current Ratio Historical Data

The historical data trend for Integral Ad Science Holding's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Integral Ad Science Holding Current Ratio Chart

Integral Ad Science Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
3.58 3.21 3.01 3.26 3.21

Integral Ad Science Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.01 3.80 3.47 3.21 4.32

Competitive Comparison of Integral Ad Science Holding's Current Ratio

For the Advertising Agencies subindustry, Integral Ad Science Holding's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Integral Ad Science Holding's Current Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Integral Ad Science Holding's Current Ratio distribution charts can be found below:

* The bar in red indicates where Integral Ad Science Holding's Current Ratio falls into.



Integral Ad Science Holding Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Integral Ad Science Holding's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=264.929/82.47
=3.21

Integral Ad Science Holding's Current Ratio for the quarter that ended in Mar. 2024 is calculated as

Current Ratio (Q: Mar. 2024 )=Total Current Assets (Q: Mar. 2024 )/Total Current Liabilities (Q: Mar. 2024 )
=227.675/52.696
=4.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Integral Ad Science Holding  (NAS:IAS) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Integral Ad Science Holding Current Ratio Related Terms

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Integral Ad Science Holding (Integral Ad Science Holding) Business Description

Traded in Other Exchanges
N/A
Address
95 Morton Street, 8th Floor, New York, NY, USA, 10014
Integral Ad Science Holding Corp is a digital advertising verification company. Its cloud-based technology platform delivers independent measurement and verification of digital advertising across all devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video. Geographically, the company derives a majority of its revenue from the Americas region.
Executives
Vista Equity Partners Fund Vi, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Tania Secor officer: Chief Financial Officer 99 WALL STREET, #1950, NEW YORK NY 10005
Lisa Utzschneider director, officer: Chief Executive Officer C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Tom Sharma officer: Chief Product Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Anil Sukumaran officer: Chief Accounting Officer 99 WALL STREET, #1950, NEW YORK NY 10005
Oleg Bershadsky officer: Chief Operating Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Michael Eugene Fosnaugh director C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Lucia Anthony C. Jr. officer: Chief Technology Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Otto Berkes director 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Joseph Pergola officer: Chief Financial Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Brooke Nakatsukasa director 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Vista Equity Partners Management, Llc 10 percent owner FOUR EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Christina Silvia Lema director 101 MERRITT 7, NORWALK CT 06851
Martin A Taylor director 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Jill Putman director 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401