eBay Inc (EBAY)
Current 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,567,000 | 7,061,000 | 7,269,000 | 10,406,000 | 11,016,000 | 10,314,000 | 8,717,000 | 8,598,000 | 9,290,000 | 5,289,000 | 5,067,000 | 7,349,000 | 9,111,000 | 17,756,000 | 20,061,000 | 6,691,000 | 7,190,000 | 6,739,000 | 7,394,000 | 6,248,000 |
| Total current liabilities | US$ in thousands | 6,098,000 | 5,639,000 | 5,799,000 | 5,233,000 | 4,520,000 | 4,782,000 | 3,555,000 | 3,206,000 | 4,271,000 | 3,974,000 | 3,972,000 | 4,982,000 | 4,622,000 | 5,296,000 | 5,063,000 | 5,130,000 | 4,002,000 | 3,840,000 | 4,692,000 | 4,673,000 |
| Current ratio | 1.24 | 1.25 | 1.25 | 1.99 | 2.44 | 2.16 | 2.45 | 2.68 | 2.18 | 1.33 | 1.28 | 1.48 | 1.97 | 3.35 | 3.96 | 1.30 | 1.80 | 1.75 | 1.58 | 1.34 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,567,000K ÷ $6,098,000K
= 1.24
eBay Inc's current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has fluctuated over the past few years.
From March 2020 to December 2021, the current ratio generally increased from 1.34 to 1.97, indicating an improvement in the company's liquidity position. However, in June 2021, there was a significant spike in the current ratio to 3.96, suggesting a substantial increase in current assets relative to current liabilities. This could indicate a potential build-up of excess current assets or a decrease in current liabilities during that period.
Subsequently, the current ratio trended downwards in the following quarters, eventually dropping to 1.24 by December 2024. This decline may suggest a potential decrease in liquidity or an increase in short-term obligations that the company needs to cover.
Overall, while the current ratio has shown fluctuations, it is essential for eBay Inc and its stakeholders to monitor closely to ensure the company maintains a healthy balance between its current assets and liabilities to meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024