Airbnb Inc (ABNB)

Debt-to-equity 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
Long-term debt	US$ in thousands	1,991,000	1,990,000	2,000,000	2,000,000	1,987,000	1,985,660	1,984,620	1,983,580	1,983,000	1,981,500	1,980,460	1,979,400
Total stockholders’ equity	US$ in thousands	8,165,000	9,123,000	5,059,000	5,291,000	5,560,000	5,540,000	5,245,000	4,737,000	4,775,000	4,448,930	3,393,200	3,159,420
Debt-to-equity ratio		0.24	0.22	0.40	0.38	0.36	0.36	0.38	0.42	0.42	0.45	0.58	0.63

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,991,000K ÷ $8,165,000K
= 0.24

The debt-to-equity ratio of Airbnb Inc has shown fluctuations over the past eight quarters. The ratio ranged from 0.22 to 0.42, indicating a mix of debt and equity financing in the company's capital structure. In the most recent quarter, Q4 2023, the ratio stood at 0.24, suggesting that for every dollar of equity, the company had $0.24 of debt. The decreasing trend from Q2 2023 to Q4 2023 may indicate a reduction in reliance on debt financing or an increase in equity investments. However, the ratio remains relatively low overall, indicating a conservative approach to leverage and a strong equity base supporting the company's operations. Further analysis could explore the reasons behind the changes in the debt-to-equity ratio and their implications for Airbnb's financial health and strategy.