Expedia Group Inc. (EXPE)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 4,183,000 | 4,722,000 | 6,242,000 | 5,686,000 | 4,225,000 | 5,056,000 | 6,274,000 | 5,904,000 | 4,096,000 | 4,588,000 | 5,568,000 | 5,552,000 | 4,111,000 | 5,031,000 | 5,464,000 | 4,291,000 | 3,363,000 | 4,353,000 | 5,053,000 | 3,905,000 |
| Short-term investments | US$ in thousands | 300,000 | 196,000 | 31,000 | 26,000 | 28,000 | 0 | 27,000 | 44,000 | 48,000 | 49,000 | 26,000 | 0 | 200,000 | 0 | 11,000 | 23,000 | 24,000 | 23,000 | 422,000 | 194,000 |
| Total current liabilities | US$ in thousands | 13,611,000 | 14,787,000 | 17,756,000 | 15,565,000 | 11,783,000 | 12,560,000 | 15,429,000 | 14,612,000 | 10,778,000 | 11,119,000 | 13,837,000 | 12,469,000 | 9,450,000 | 9,751,000 | 11,713,000 | 8,774,000 | 5,406,000 | 5,636,000 | 7,872,000 | 9,608,000 |
| Cash ratio | 0.33 | 0.33 | 0.35 | 0.37 | 0.36 | 0.40 | 0.41 | 0.41 | 0.38 | 0.42 | 0.40 | 0.45 | 0.46 | 0.52 | 0.47 | 0.49 | 0.63 | 0.78 | 0.70 | 0.43 |
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 some fluctuations over the past few years, ranging from a low of 0.33 to a high of 0.78. The ratio indicates the company's ability to cover its short-term obligations with its cash and cash equivalents.
In recent periods, the cash ratio has generally been hovering around the range of 0.40 to 0.50, showing a moderate level of liquidity. A cash ratio of less than 1 suggests that the company may not have enough cash on hand to cover all of its current liabilities if they were due immediately.
Expedia Group Inc. appears to have maintained a reasonable level of liquidity based on the cash ratio analysis, but it is important for investors and stakeholders to monitor any significant changes in the ratio over time to assess the company's financial health and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024