Airbnb Inc (ABNB)
Current ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Total current assets | US$ in thousands | 16,509,000 | 14,861,000 | 12,386,000 |
| Total current liabilities | US$ in thousands | 9,950,000 | 7,978,000 | 6,359,000 |
| Current ratio | 1.66 | 1.86 | 1.95 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $16,509,000K ÷ $9,950,000K
= 1.66
The current ratio for Airbnb Inc has shown some fluctuation over the past five years. In 2019, the ratio was at its lowest at 1.25, indicating a tighter liquidity position. This ratio improved significantly in the subsequent years, reaching a peak of 1.95 in 2021, reflecting better short-term liquidity and ability to meet current obligations. However, there was a slight decline in the current ratio to 1.66 in 2023, suggesting a relatively weaker liquidity position compared to the previous year. Overall, Airbnb Inc has generally maintained a current ratio above 1, indicating a sufficient level of current assets to cover its current liabilities.
Peer comparison
Dec 31, 2023