Airbnb Inc (ABNB)

Financial leverage ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Total assets	US$ in thousands	20,959,000	22,172,000	26,320,000	24,537,000	20,645,000	21,439,000	21,188,000	20,018,000	16,038,000	16,076,600	19,059,100	17,068,400	13,708,000
Total stockholders’ equity	US$ in thousands	8,412,000	8,488,000	8,002,000	7,896,000	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
Financial leverage ratio		2.49	2.61	3.29	3.11	2.53	2.35	4.19	3.78	2.88	2.90	3.63	3.60	2.87

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $20,959,000K ÷ $8,412,000K
= 2.49

The financial leverage ratio of Airbnb Inc has shown fluctuations over the period from December 31, 2021, to December 31, 2024. The financial leverage ratio, which indicates the proportion of a company's debt to its equity, was 2.87 on December 31, 2021, indicating that the company had $2.87 of debt for every $1 of equity.

Subsequently, the ratio increased to 3.60 by March 31, 2022, showing that the company's leverage had increased significantly. This trend continued, reaching a peak of 4.19 on June 30, 2023, indicating a substantial increase in debt relative to equity.

However, the financial leverage ratio then decreased to 2.35 on September 30, 2023, indicating a reduction in leverage. The ratio continued to fluctuate over the following quarters but generally remained within a range between 2.35 and 4.19.

The fluctuations in the financial leverage ratio suggest changes in Airbnb Inc's capital structure and financing decisions over the period analyzed. It is important to closely monitor these changes to assess the company's risk profile and financial stability.