Expedia Group Inc. (EXPE)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	9,815,000	9,230,000	8,791,000	8,181,000	5,634,000
Total current liabilities	US$ in thousands	13,611,000	11,783,000	10,778,000	9,450,000	5,406,000
Current ratio		0.72	0.78	0.82	0.87	1.04

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $9,815,000K ÷ $13,611,000K
= 0.72

Expedia Group Inc.'s current ratio has been showing a declining trend over the past five years, decreasing from 1.04 in December 2020 to 0.72 in December 2024. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities with its current assets alone.

The decreasing trend in Expedia Group's current ratio may raise concerns about the company's liquidity position and its ability to cover its short-term obligations. It suggests that the company may be facing challenges in managing its current assets relative to its current liabilities. Investors and creditors typically prefer to see a current ratio above 1, as it indicates a healthier liquidity position.

Expedia Group Inc. may need to closely monitor its working capital management, including its cash flow, inventory management, and accounts receivable collections, to improve its current ratio and ensure its ability to meet its short-term financial obligations.