Expedia Group Inc. (EXPE)

Financial leverage ratio

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Total assets US$ in thousands 21,642,000 21,561,000 21,548,000 18,690,000 21,416,000
Total stockholders’ equity US$ in thousands 1,534,000 2,283,000 2,057,000 1,510,000 3,967,000
Financial leverage ratio 14.11 9.44 10.48 12.38 5.40

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $21,642,000K ÷ $1,534,000K
= 14.11

The financial leverage ratio of Expedia Group Inc has exhibited fluctuations over the past five years. The ratio increased from 5.40 in 2019 to 12.38 in 2020, reflecting a significant surge in financial leverage within a year. However, there was a subsequent decrease to 10.48 in 2021, followed by a further decline to 9.44 in 2022. In 2023, the ratio rose to 14.11, indicating a significant increase in financial leverage compared to the prior year.

Overall, the trend in the financial leverage ratio suggests varying levels of debt utilization by Expedia Group Inc over the analyzed period. The relatively high ratio in 2023 may indicate a higher reliance on debt financing compared to previous years, potentially increasing the company's financial risk and interest obligations. This trend underscores the importance of closely monitoring the company's leverage levels and assessing the impact on its overall financial stability and performance.


Peer comparison

Dec 31, 2023


See also:

Expedia Group Inc. Financial Leverage