eBay Inc (EBAY)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 3.75 | 3.67 | 3.69 | 3.41 | 3.38 | 3.59 | 3.79 | 3.71 | 4.05 | 3.94 | 3.75 | 3.26 | 2.72 | 2.67 | 2.44 | 4.97 | 5.42 | 6.31 | 6.90 | 8.95 |
eBay Inc has consistently maintained a strong solvency position over the years, as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all of which have been at 0.00. This suggests that eBay has minimal debt in relation to its assets, capital, and equity, highlighting a low level of financial risk and a healthy balance sheet structure.
Furthermore, the financial leverage ratio for eBay has shown a decreasing trend from 8.95 on March 31, 2020, to 3.75 on December 31, 2024. This reduction in financial leverage indicates that eBay has been effectively managing its debt levels in relation to its equity, signaling improved financial stability and lower reliance on debt financing.
Overall, the solvency ratios for eBay Inc demonstrate a consistently strong financial position, with minimal debt and a prudent approach to managing financial leverage, which bodes well for the company's financial health and long-term sustainability.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 9.80 | 9.12 | 12.37 | 12.20 | 12.86 | 13.59 | 7.78 | 3.51 | -10.64 | -1.31 | -1.13 | -0.74 | 0.06 | 4.56 | 4.51 | 4.24 | 4.35 | 7.86 | 6.32 | 7.80 |
The interest coverage ratio measures a company's ability to cover its interest expenses with its operating income. A higher ratio indicates that the company can more easily cover its interest payments.
Looking at eBay Inc's interest coverage ratio over the provided period, we observe fluctuations in the company's ability to cover its interest expenses. The ratio ranged from a high of 13.59 at the end of September 2023 to a low of -10.64 at the end of December 2022. A negative ratio indicates that the company's operating income was insufficient to cover its interest expenses.
Overall, eBay Inc's interest coverage ratio has shown some volatility, which may reflect changes in its operating performance and financial obligations. It is important for investors and analysts to monitor this ratio to assess the company's financial stability and ability to meet its debt obligations.