Expedia Group Inc. (EXPE)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 5,223,000 | 5,221,000 | 5,218,000 | — | 6,253,000 | — | — | — | 6,240,000 | 6,237,000 | 6,727,000 | 7,719,000 | 7,715,000 | 7,712,000 | — | — | 8,216,000 | 8,176,000 | 6,903,000 | 4,180,000 |
| Total assets | US$ in thousands | 22,388,000 | 23,405,000 | 25,893,000 | 24,761,000 | 21,642,000 | 22,522,000 | 25,676,000 | 24,986,000 | 21,561,000 | 21,879,000 | 24,744,000 | 24,577,000 | 21,548,000 | 21,944,000 | 24,181,000 | 21,866,000 | 18,690,000 | 19,679,000 | 21,905,000 | 20,417,000 |
| Debt-to-assets ratio | 0.23 | 0.22 | 0.20 | 0.00 | 0.29 | 0.00 | 0.00 | 0.00 | 0.29 | 0.29 | 0.27 | 0.31 | 0.36 | 0.35 | 0.00 | 0.00 | 0.44 | 0.42 | 0.32 | 0.20 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $5,223,000K ÷ $22,388,000K
= 0.23
The debt-to-assets ratio of Expedia Group Inc. has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
Initially, the ratio started at 0.20 on March 31, 2020, indicating that the company was using 20% of its total assets to finance its operations through debt. The ratio then increased to 0.42 by September 30, 2020, and further rose to 0.44 by December 31, 2020, reflecting a higher dependency on debt to fund its assets.
However, the ratio dropped significantly to 0.00 on both March 31, 2021, and June 30, 2021, suggesting either a decrease in debt or an increase in assets during that period. The ratio increased to 0.35 by September 30, 2021, and then fluctuated between 0.31 and 0.29 from March 31, 2022, to December 31, 2022.
Subsequently, the ratio dropped back to 0.00 on March 31, 2023, and remained at 0.00 until September 30, 2023. It then increased to 0.29 by December 31, 2023, and stayed constant at 0.29 until March 31, 2024. The ratio then increased to 0.20 by June 30, 2024, and further rose to 0.23 by December 31, 2024, indicating a moderate dependence on debt relative to the total assets.
Overall, the trend suggests that Expedia Group Inc. has fluctuated in its utilization of debt to finance its assets over the analyzed period, with periods of both increasing and decreasing dependency on debt for funding its operations.
Peer comparison
Dec 31, 2024