CarGurus, Inc. (CARG) Current Ratio
- Current ratio · latest quarter: Value 1.85×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.85× | Current assets / current liabilities. $202.59M ÷ $109.52M ≈ 1.85× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 202.59M USD | Assets, Current |
| Current obligations | 109.52M USD | Liabilities, Current |
| Cash and equivalents | 122.14M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 43.74M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | (m) | Inventory, Net |
| Payables | 36.06M USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $202.59M | $109.52M | $122.14M | (m) | $43.74M | (m) | $36.06M | (m) | 1.85× |
| 2026-03-31 | $161.87M | $97.95M | $72.05M | (m) | $44.57M | (m) | $30.69M | (m) | 1.65× |
| 2025-12-31 | $282.95M | $100.54M | $190.52M | (m) | $41.94M | (m) | $29.11M | (m) | 2.81× |
| 2025-09-30 | $269.39M | $93.86M | $178.83M | (m) | $39.61M | $0.00 | $30.35M | (m) | 2.87× |
| 2025-06-30 | $308.97M | $97.20M | $231.23M | (m) | $41.03M | $963.00K | $32.74M | (m) | 3.18× |
| 2025-03-31 | $251.97M | $94.51M | $172.86M | (m) | $40.70M | $810.00K | $29.89M | (m) | 2.67× |
| 2024-12-31 | $391.21M | $93.05M | $304.19M | (m) | $38.28M | (m) | $21.82M | (m) | 4.20× |
| 2024-09-30 | $326.64M | $110.59M | $246.75M | (m) | $44.54M | $345.00K | $47.24M | (m) | 2.95× |
| 2024-06-30 | $288.33M | $112.04M | $216.17M | (m) | $39.76M | $459.00K | $46.11M | (m) | 2.57× |
| 2024-03-31 | $323.82M | $116.32M | $246.34M | (m) | $44.30M | $391.00K | $46.47M | (m) | 2.78× |
| 2023-12-31 | $391.19M | $115.18M | $291.36M | (m) | $39.96M | $331.00K | $47.85M | (m) | 3.40× |
| 2023-09-30 | $535.37M | $108.64M | $355.33M | (m) | $46.11M | $323.00K | $37.48M | (m) | 4.93× |
| 2023-06-30 | $535.29M | $110.76M | $363.06M | (m) | $37.82M | $541.00K | $39.26M | (m) | 4.83× |
| 2023-03-31 | $543.21M | $124.00M | $456.70M | (m) | $42.40M | $1.64M | $42.70M | (m) | 4.38× |
| 2022-12-31 | $557.37M | $98.73M | $469.52M | (m) | $46.82M | $5.28M | $32.53M | (m) | 5.65× |
| 2022-09-30 | $603.85M | $148.88M | $404.43M | (m) | $120.06M | $28.17M | $67.15M | (m) | 4.06× |
| 2022-06-30 | $629.51M | $175.97M | $338.24M | (m) | $193.43M | $21.68M | $74.17M | (m) | 3.58× |
| 2022-03-31 | $572.72M | $148.91M | $315.00M | (m) | $144.72M | $20.99M | $61.87M | (m) | 3.85× |
| 2021-12-31 | $563.11M | $170.71M | $231.94M | (m) | $189.32M | $19.66M | $66.15M | (m) | 3.30× |
| 2021-09-30 | $441.51M | $102.45M | $231.09M | (m) | $85.18M | $6.39M | $55.34M | (m) | 4.31× |
| 2021-06-30 | $388.78M | $103.55M | $184.64M | (m) | $81.86M | (m) | $45.88M | (m) | 3.75× |
| 2021-03-31 | $311.78M | $81.72M | $140.67M | (m) | $36.36M | (m) | $36.29M | (m) | 3.81× |
| 2020-12-31 | $331.98M | $66.54M | $190.30M | (m) | $18.23M | (m) | $21.56M | (m) | 4.99× |
| 2020-09-30 | $281.42M | $55.87M | $245.94M | (m) | $16.32M | (m) | $16.84M | (m) | 5.04× |
| 2020-06-30 | $216.08M | $43.15M | $133.20M | (m) | $16.84M | (m) | $10.44M | (m) | 5.01× |
| 2020-03-31 | $210.24M | $58.33M | $74.45M | (m) | $17.54M | (m) | $29.84M | (m) | 3.60× |
| 2019-12-31 | $218.95M | $73.76M | $59.92M | (m) | $22.12M | (m) | $36.73M | (m) | 2.97× |
| 2019-09-30 | $206.18M | $72.38M | $29.51M | (m) | $17.89M | (m) | $42.75M | (m) | 2.85× |
| 2019-06-30 | $188.84M | $70.39M | $27.84M | (m) | $17.08M | (m) | $39.37M | (m) | 2.68× |
| 2019-03-31 | $179.41M | $65.47M | $29.94M | (m) | $15.11M | (m) | $35.25M | (m) | 2.74× |
| 2018-12-31 | $194.86M | $63.50M | $34.89M | (m) | $13.61M | (m) | $34.34M | (m) | 3.07× |
| 2018-09-30 | $175.63M | $55.43M | $77.64M | (m) | $12.56M | (m) | $34.05M | (m) | 3.17× |
| 2018-06-30 | $164.28M | $50.55M | $31.76M | (m) | $11.43M | (m) | $30.48M | (m) | 3.25× |
| 2018-03-31 | $161.50M | $41.22M | $62.00M | (m) | $12.20M | (m) | $23.27M | (m) | 3.92× |
| 2017-12-31 | $157.20M | $42.97M | $87.71M | (m) | $12.58M | (m) | $23.91M | (m) | 3.66× |
| 2017-09-30 | $99.24M | $38.59M | $25.64M | (m) | $10.12M | (m) | $22.74M | (m) | 2.57× |
| 2016-12-31 | $85.51M | $29.05M | $29.48M | (m) | $6.65M | (m) | $16.43M | (m) | 2.94× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.