Expedia Group Inc. (EXPE)

Cash ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash and cash equivalents	US$ in thousands	4,183,000	4,225,000	4,096,000	4,111,000	3,363,000
Short-term investments	US$ in thousands	300,000	28,000	48,000	200,000	24,000
Total current liabilities	US$ in thousands	13,611,000	11,783,000	10,778,000	9,450,000	5,406,000
Cash ratio		0.33	0.36	0.38	0.46	0.63

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($4,183,000K + $300,000K) ÷ $13,611,000K
= 0.33

The cash ratio of Expedia Group Inc. has shown a declining trend over the past five years, from 0.63 in December 2020 to 0.33 in December 2024. This indicates that the company's ability to cover its current liabilities with its available cash and cash equivalents has weakened over this period. A decreasing cash ratio may raise concerns about the company's liquidity position and ability to meet its short-term obligations comfortably. Expedia Group Inc. may need to closely monitor and manage its cash resources to ensure it can fulfill its financial commitments in a timely manner.