Expedia Group Inc. (EXPE)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	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	7,735,000	7,969,000	8,824,000	7,702,000
Total current liabilities	US$ in thousands	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	10,714,000	10,582,000	11,676,000	10,726,000
Current ratio		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	0.72	0.75	0.76	0.72

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $9,230,000K ÷ $11,783,000K
= 0.78

The current ratio of Expedia Group Inc has shown a fluctuating trend over the past 8 quarters. The current ratio indicates the company's ability to cover its short-term obligations with its current assets. In Q4 2023, the current ratio stands at 0.78, a decrease from the previous quarter. This suggests that the company may have difficulty meeting its short-term liabilities with its current assets.

While the current ratio had been relatively stable at around 0.83 in Q3 and Q2 of 2023, indicating a healthier liquidity position, the ratio declined in the most recent quarter. Comparing to the same quarter of the previous year (Q4 2022), the current ratio has slightly decreased from 0.82 to 0.78.

The downward trend in the current ratio may raise concerns about Expedia Group Inc's ability to cover its short-term obligations. It would be important to closely monitor the company's liquidity management and take actions to improve the current ratio in order to ensure financial stability and meet its short-term obligations effectively.