eBay Inc (EBAY)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,973,000 | — | — | — | 7,721,000 | — | — | — | 7,727,000 | — | — | — | 7,740,000 | — | — | 7,724,000 | 6,738,000 | 7,235,000 | 7,243,000 | 7,700,000 |
| Total assets | US$ in thousands | 21,620,000 | 21,184,000 | 19,956,000 | 20,004,000 | 20,850,000 | 19,097,000 | 19,653,000 | 22,980,000 | 26,626,000 | 29,257,000 | 31,823,000 | 18,731,000 | 19,310,000 | 18,421,000 | 20,014,000 | 18,929,000 | 18,174,000 | 18,714,000 | 21,169,000 | 22,329,000 |
| Debt-to-assets ratio | 0.32 | 0.00 | 0.00 | 0.00 | 0.37 | 0.00 | 0.00 | 0.00 | 0.29 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.41 | 0.37 | 0.39 | 0.34 | 0.34 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $6,973,000K ÷ $21,620,000K
= 0.32
The debt-to-assets ratio of EBay Inc. has shown a decreasing trend from Q4 2022 to Q3 2023, indicating a more conservative approach towards leveraging the company's assets to finance its operations. The ratio decreased from 0.43 in Q4 2022 to 0.36 in Q3 2023, suggesting that EBay Inc. has reduced its reliance on debt to fund its operations and investments. This improvement in the debt-to-assets ratio reflects a stronger financial position and lower financial risk for the company. Overall, the trend signifies a prudent management of debt levels relative to the company's assets over the past few quarters.
Peer comparison
Dec 31, 2023