Airbnb Inc (ABNB)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Long-term debt | US$ in thousands | 1,995,000 | 1,991,000 | 1,987,000 | 1,983,000 |
Total assets | US$ in thousands | 20,959,000 | 20,645,000 | 16,038,000 | 13,708,000 |
Debt-to-assets ratio | 0.10 | 0.10 | 0.12 | 0.14 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,995,000K ÷ $20,959,000K
= 0.10
The debt-to-assets ratio of Airbnb Inc has exhibited a downward trend over the years, decreasing from 0.14 as of December 31, 2021, to 0.12 as of December 31, 2022, further declining to 0.10 as of both December 31, 2023, and December 31, 2024. This trend indicates that the company has been effectively managing its debt levels in relation to its assets, demonstrating a healthier financial position and lower reliance on debt financing. A lower debt-to-assets ratio implies that a smaller portion of the company's assets is funded by debt, reducing its financial risk and potential solvency issues. Overall, the decreasing trend in the debt-to-assets ratio suggests prudent financial management and a stronger financial footing for Airbnb Inc over the analyzed period.
Peer comparison
Dec 31, 2024