Expedia Group Inc. (EXPE)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 9,815,000 | 10,832,000 | 13,515,000 | 12,348,000 | 9,230,000 | 10,094,000 | 12,813,000 | 12,126,000 | 8,791,000 | 9,270,000 | 11,786,000 | 11,147,000 | 8,181,000 | 9,043,000 | 11,113,000 | 8,836,000 | 5,634,000 | 6,735,000 | 8,944,000 | 7,652,000 |
| 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 |
| Current ratio | 0.72 | 0.73 | 0.76 | 0.79 | 0.78 | 0.80 | 0.83 | 0.83 | 0.82 | 0.83 | 0.85 | 0.89 | 0.87 | 0.93 | 0.95 | 1.01 | 1.04 | 1.19 | 1.14 | 0.80 |
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 shown some fluctuations over the past few years based on the provided data. The current ratio, a liquidity ratio, is calculated by dividing current assets by current liabilities.
From March 31, 2020, where the current ratio was 0.80, the ratio improved and reached its highest point at September 30, 2020 when it was 1.19. This indicates that Expedia Group had more current assets to cover its short-term obligations during that period.
However, the current ratio started to decline from that point onwards. By December 31, 2021, the current ratio dropped to 0.87, and by June 30, 2022, it was at 0.85. This downward trend continued, reaching 0.72 as of December 31, 2024.
The declining current ratio may raise concerns about Expedia Group's short-term liquidity and its ability to meet its current obligations using its current assets. It suggests that the company may be struggling to manage its short-term liabilities efficiently and may require a close review of its working capital management.
Investors and stakeholders should pay close attention to Expedia Group's current ratio trend to assess the company's liquidity position accurately and monitor any potential financial risks associated with its short-term obligations.
Peer comparison
Dec 31, 2024