Airbnb Inc (ABNB)

Current ratio

		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
Total current assets	US$ in thousands	16,509,000	17,523,000	20,052,000	18,869,000	14,861,000	14,866,500	17,825,600	15,761,400	12,386,000	12,220,900	14,096,000	10,926,600
Total current liabilities	US$ in thousands	9,950,000	9,821,000	13,624,000	12,212,000	7,978,000	8,015,330	11,287,200	9,773,780	6,359,000	6,559,310	9,496,350	6,573,190
Current ratio		1.66	1.78	1.47	1.55	1.86	1.85	1.58	1.61	1.95	1.86	1.48	1.66

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $16,509,000K ÷ $9,950,000K
= 1.66

The current ratio of Airbnb Inc has fluctuated over the past eight quarters, ranging from a low of 1.47 in Q2 2023 to a high of 1.86 in Q4 2022. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting a strong ability to cover its short-term debts.

Despite some variability, Airbnb's current ratio has generally remained above 1.5 over the past two years, indicating a healthy liquidity position. The trend of the current ratio shows some variability, which may reflect changes in the company's short-term asset and liability structure. Overall, the current ratio of Airbnb Inc suggests that the company is well-positioned to meet its short-term financial obligations.