Booking Holdings Inc (BKNG)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 27,708,000 | 24,342,000 | 25,361,000 | 23,641,000 | 21,874,000 |
| Total stockholders’ equity | US$ in thousands | -4,020,000 | -2,744,000 | 2,782,000 | 6,178,000 | 4,893,000 |
| Financial leverage ratio | — | — | 9.12 | 3.83 | 4.47 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $27,708,000K ÷ $-4,020,000K
= —
Booking Holdings Inc's financial leverage ratio, which measures the company's use of debt to finance its operations and investments, has exhibited fluctuations over the years.
As of December 31, 2020, the financial leverage ratio stood at 4.47, indicating that the company had significant debt relative to its equity. However, by December 31, 2021, the ratio decreased to 3.83, suggesting a slight improvement in the company's debt position compared to the previous year.
A notable increase in the financial leverage ratio was observed by December 31, 2022, reaching a high of 9.12. This surge indicates a substantial rise in debt relative to equity, which may raise concerns about the company's financial stability and ability to meet its debt obligations.
No data is available for the financial leverage ratio for December 31, 2023, and December 31, 2024. It is essential to obtain the missing data to assess the company's financial leverage more comprehensively.
Overall, fluctuations in Booking Holdings Inc's financial leverage ratio suggest varying degrees of debt utilization in different periods, highlighting the importance of carefully managing debt levels to maintain financial health and sustainability.
Peer comparison
Dec 31, 2024