eBay Inc (EBAY)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,567,000 | 11,016,000 | 9,290,000 | 9,111,000 | 7,190,000 |
| Total current liabilities | US$ in thousands | 6,098,000 | 4,520,000 | 4,271,000 | 4,622,000 | 4,002,000 |
| Current ratio | 1.24 | 2.44 | 2.18 | 1.97 | 1.80 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,567,000K ÷ $6,098,000K
= 1.24
The current ratio of eBay Inc has shown a consistent upward trend over the past five years. Starting at 1.80 in December 31, 2020, the ratio increased to 1.97 in December 31, 2021, further improving to 2.18 by December 31, 2022. The trend continued with a ratio of 2.44 as of December 31, 2023, indicating a strong ability to cover its short-term obligations with current assets. However, there was a slight decrease to 1.24 by December 31, 2024, which may warrant further investigation into the company's liquidity position and management of current assets and liabilities. Overall, the current ratio demonstrates eBay's capacity to meet its short-term financial commitments, but a closer analysis of the latest data point is recommended to understand the recent change in liquidity position.
Peer comparison
Dec 31, 2024