eBay Inc (EBAY)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 19,365,000 | 21,620,000 | 20,850,000 | 26,626,000 | 19,310,000 |
| Total stockholders’ equity | US$ in thousands | 5,158,000 | 6,396,000 | 5,153,000 | 9,778,000 | 3,561,000 |
| Financial leverage ratio | 3.75 | 3.38 | 4.05 | 2.72 | 5.42 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $19,365,000K ÷ $5,158,000K
= 3.75
The financial leverage ratio of eBay Inc has shown fluctuations over the past five years. As of December 31, 2020, the ratio stood at 5.42, indicating a higher level of financial leverage. However, there was a significant decrease in the ratio by December 31, 2021, to 2.72, suggesting a decrease in reliance on debt to finance operations.
Subsequently, the ratio increased to 4.05 by December 31, 2022, indicating a higher level of leverage once again. However, there was a decline in the ratio to 3.38 by December 31, 2023, reflecting a reduction in the company's reliance on debt.
As of the most recent data point on December 31, 2024, the financial leverage ratio was registered at 3.75, indicating a moderate level of leverage. Overall, the fluctuation in the financial leverage ratio of eBay Inc over the past five years suggests varying degrees of debt utilization to support the company's operations and investment activities. Further analysis of the company's financial structure and debt management strategies may provide insights into these fluctuations.
Peer comparison
Dec 31, 2024