Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
e.l.f. Beauty, Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | e.l.f. Beauty, Inc. current ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | e.l.f. Beauty, Inc. quick ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | e.l.f. Beauty, Inc. cash ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025. |
Current Ratio
e.l.f. Beauty, Inc., current ratio calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Current assets | 530,460) | 477,077) | 454,900) | 435,446) | 370,409) | 303,325) | 262,890) | 247,398) | 216,640) | 193,029) | 185,125) | 181,304) | 182,731) | 170,144) | 160,289) | 151,760) | 145,515) | 132,360) | 166,258) | 145,125) | 141,184) | |||||||
| Current liabilities | 299,805) | 299,115) | 302,939) | 152,371) | 109,705) | 107,976) | 87,537) | 71,948) | 61,732) | 65,017) | 62,513) | 71,218) | 82,977) | 73,331) | 66,680) | 61,027) | 57,231) | 51,123) | 61,295) | 46,541) | 45,976) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | 1.77 | 1.59 | 1.50 | 2.86 | 3.38 | 2.81 | 3.00 | 3.44 | 3.51 | 2.97 | 2.96 | 2.55 | 2.20 | 2.32 | 2.40 | 2.49 | 2.54 | 2.59 | 2.71 | 3.12 | 3.07 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Procter & Gamble Co. | — | 0.73 | 0.69 | 0.64 | 0.67 | 0.63 | 0.59 | 0.56 | 0.62 | 0.65 | 0.68 | 0.67 | 0.67 | 0.70 | 0.71 | 0.78 | 0.87 | 0.85 | 0.83 | 0.63 | 0.72 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Q1 2025 Calculation
Current ratio = Current assets ÷ Current liabilities
= 530,460 ÷ 299,805 = 1.77
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | e.l.f. Beauty, Inc. current ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025. |
Quick Ratio
e.l.f. Beauty, Inc., quick ratio calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 109,034) | 108,183) | 72,705) | 167,763) | 142,549) | 120,778) | 87,021) | 85,317) | 72,248) | 43,353) | 32,889) | 41,694) | 63,402) | 57,768) | 35,439) | 41,041) | 54,224) | 46,167) | 74,740) | 58,747) | 60,746) | |||||||
| Accounts receivable, net | 155,701) | 123,797) | 121,061) | 86,683) | 90,531) | 67,928) | 66,237) | 53,912) | 52,281) | 45,567) | 47,180) | 44,374) | 43,127) | 40,185) | 44,555) | 33,844) | 29,825) | 29,721) | 35,082) | 27,715) | 22,623) | |||||||
| Total quick assets | 264,735) | 231,980) | 193,766) | 254,446) | 233,080) | 188,706) | 153,258) | 139,229) | 124,529) | 88,920) | 80,069) | 86,068) | 106,529) | 97,953) | 79,994) | 74,885) | 84,049) | 75,888) | 109,822) | 86,462) | 83,369) | |||||||
| Current liabilities | 299,805) | 299,115) | 302,939) | 152,371) | 109,705) | 107,976) | 87,537) | 71,948) | 61,732) | 65,017) | 62,513) | 71,218) | 82,977) | 73,331) | 66,680) | 61,027) | 57,231) | 51,123) | 61,295) | 46,541) | 45,976) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | 0.88 | 0.78 | 0.64 | 1.67 | 2.12 | 1.75 | 1.75 | 1.94 | 2.02 | 1.37 | 1.28 | 1.21 | 1.28 | 1.34 | 1.20 | 1.23 | 1.47 | 1.48 | 1.79 | 1.86 | 1.81 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Procter & Gamble Co. | — | 0.46 | 0.40 | 0.40 | 0.43 | 0.38 | 0.34 | 0.33 | 0.34 | 0.37 | 0.41 | 0.44 | 0.44 | 0.45 | 0.46 | 0.53 | 0.61 | 0.62 | 0.61 | 0.38 | 0.48 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Q1 2025 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 264,735 ÷ 299,805 = 0.88
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | e.l.f. Beauty, Inc. quick ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025. |
Cash Ratio
e.l.f. Beauty, Inc., cash ratio calculation (quarterly data)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 109,034) | 108,183) | 72,705) | 167,763) | 142,549) | 120,778) | 87,021) | 85,317) | 72,248) | 43,353) | 32,889) | 41,694) | 63,402) | 57,768) | 35,439) | 41,041) | 54,224) | 46,167) | 74,740) | 58,747) | 60,746) | |||||||
| Total cash assets | 109,034) | 108,183) | 72,705) | 167,763) | 142,549) | 120,778) | 87,021) | 85,317) | 72,248) | 43,353) | 32,889) | 41,694) | 63,402) | 57,768) | 35,439) | 41,041) | 54,224) | 46,167) | 74,740) | 58,747) | 60,746) | |||||||
| Current liabilities | 299,805) | 299,115) | 302,939) | 152,371) | 109,705) | 107,976) | 87,537) | 71,948) | 61,732) | 65,017) | 62,513) | 71,218) | 82,977) | 73,331) | 66,680) | 61,027) | 57,231) | 51,123) | 61,295) | 46,541) | 45,976) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | 0.36 | 0.36 | 0.24 | 1.10 | 1.30 | 1.12 | 0.99 | 1.19 | 1.17 | 0.67 | 0.53 | 0.59 | 0.76 | 0.79 | 0.53 | 0.67 | 0.95 | 0.90 | 1.22 | 1.26 | 1.32 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Procter & Gamble Co. | — | 0.28 | 0.21 | 0.22 | 0.26 | 0.23 | 0.20 | 0.18 | 0.18 | 0.22 | 0.25 | 0.30 | 0.28 | 0.31 | 0.31 | 0.38 | 0.45 | 0.49 | 0.47 | 0.21 | 0.31 | |||||||
Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Q1 2025 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 109,034 ÷ 299,805 = 0.36
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | e.l.f. Beauty, Inc. cash ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025. |