Eventbrite Current Ratio from 2010 to 2024

EB Stock  USD 3.58  0.12  3.47%   
Eventbrite's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.36. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.99057356
Current Value
1.36
Quarterly Volatility
0.35211319
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eventbrite financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eventbrite's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 6.7 M or Interest Income of 28.9 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0 or PTB Ratio of 4.59. Eventbrite financial statements analysis is a perfect complement when working with Eventbrite Valuation or Volatility modules.
  
Check out the analysis of Eventbrite Correlation against competitors.

Latest Eventbrite's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Eventbrite Class A over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Eventbrite's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eventbrite's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.73 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Eventbrite Current Ratio Regression Statistics

Arithmetic Mean1.49
Geometric Mean1.45
Coefficient Of Variation23.67
Mean Deviation0.30
Median1.23
Standard Deviation0.35
Sample Variance0.12
Range1.0481
R-Value0.69
Mean Square Error0.07
R-Squared0.48
Significance0
Slope0.05
Total Sum of Squares1.74

Eventbrite Current Ratio History

2024 1.36
2023 1.99
2022 1.89
2021 1.88
2020 2.18
2019 1.5
2018 1.77

About Eventbrite Financial Statements

Eventbrite stakeholders use historical fundamental indicators, such as Eventbrite's Current Ratio, to determine how well the company is positioned to perform in the future. Although Eventbrite investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eventbrite's assets and liabilities are reflected in the revenues and expenses on Eventbrite's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eventbrite Class A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.99  1.36 

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Check out the analysis of Eventbrite Correlation against competitors.
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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eventbrite. If investors know Eventbrite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eventbrite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
3.469
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.02)
Return On Equity
(0.05)
The market value of Eventbrite Class A is measured differently than its book value, which is the value of Eventbrite that is recorded on the company's balance sheet. Investors also form their own opinion of Eventbrite's value that differs from its market value or its book value, called intrinsic value, which is Eventbrite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eventbrite's market value can be influenced by many factors that don't directly affect Eventbrite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eventbrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eventbrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eventbrite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.