Booking Holdings Inc (BKNG)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash US$ in thousands 16,164,000 12,107,000 12,221,000 11,127,000 10,562,000
Short-term investments US$ in thousands 0 576,000 175,000 25,000 501,000
Receivables US$ in thousands
Total current liabilities US$ in thousands 15,647,000 13,330,000 8,474,000 6,246,000 3,425,000
Quick ratio 1.03 0.95 1.46 1.79 3.23

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($16,164,000K + $0K + $—K) ÷ $15,647,000K
= 1.03

The quick ratio of Booking Holdings Inc has shown a significant decline over the years from 3.23 on December 31, 2020, to 1.03 on December 31, 2024. This suggests a potential weakening of the company's short-term liquidity position. A quick ratio below 1 indicates that the company may have difficulties meeting its short-term obligations using only its most liquid assets. It is important for investors and stakeholders to monitor this trend closely to assess the company's ability to cover its immediate financial obligations effectively.


See also:

Booking Holdings Inc Quick Ratio