Stock Analysis on Net

Airbnb Inc. (NASDAQ:ABNB)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Airbnb Inc., liquidity ratios

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Current ratio 1.66 1.86 1.95 1.73
Quick ratio 1.63 1.83 1.92 1.70
Cash ratio 1.01 1.21 1.31 1.24

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Airbnb Inc. current ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Airbnb Inc. quick ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Airbnb Inc. cash ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Current Ratio

Airbnb Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Current assets 16,509 14,861 12,386 8,916
Current liabilities 9,950 7,978 6,359 5,140
Liquidity Ratio
Current ratio1 1.66 1.86 1.95 1.73
Benchmarks
Current Ratio, Competitors2
Booking Holdings Inc. 1.28 1.86 2.10 3.56
Chipotle Mexican Grill Inc. 1.57 1.28 1.58 1.73
McDonald’s Corp. 1.16 1.43 1.78 1.01
Starbucks Corp. 0.78 0.77 1.20 1.06
Current Ratio, Sector
Consumer Services 1.25 1.46 1.71 1.60
Current Ratio, Industry
Consumer Discretionary 1.20 1.15 1.25 1.18

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 16,509 ÷ 9,950 = 1.66

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Airbnb Inc. current ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Quick Ratio

Airbnb Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 6,874 7,378 6,067 5,481
Short-term investments 3,197 2,244 2,255 911
Customer receivables 249 200 143 190
Funds receivable and amounts held on behalf of customers 5,869 4,783 3,715 2,181
Total quick assets 16,189 14,605 12,180 8,762
 
Current liabilities 9,950 7,978 6,359 5,140
Liquidity Ratio
Quick ratio1 1.63 1.83 1.92 1.70
Benchmarks
Quick Ratio, Competitors2
Booking Holdings Inc. 1.20 1.73 2.00 3.38
Chipotle Mexican Grill Inc. 1.37 1.09 1.35 1.28
McDonald’s Corp. 1.03 1.24 1.64 0.90
Starbucks Corp. 0.55 0.48 0.93 0.75
Quick Ratio, Sector
Consumer Services 1.13 1.30 1.56 1.42
Quick Ratio, Industry
Consumer Discretionary 0.85 0.81 0.92 0.88

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 16,189 ÷ 9,950 = 1.63

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Airbnb Inc. quick ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Cash Ratio

Airbnb Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 6,874 7,378 6,067 5,481
Short-term investments 3,197 2,244 2,255 911
Total cash assets 10,071 9,622 8,322 6,391
 
Current liabilities 9,950 7,978 6,359 5,140
Liquidity Ratio
Cash ratio1 1.01 1.21 1.31 1.24
Benchmarks
Cash Ratio, Competitors2
Booking Holdings Inc. 0.95 1.46 1.79 3.23
Chipotle Mexican Grill Inc. 1.26 0.98 1.23 1.16
McDonald’s Corp. 0.67 0.68 1.17 0.56
Starbucks Corp. 0.42 0.35 0.81 0.63
Cash Ratio, Sector
Consumer Services 0.80 0.95 1.24 1.16
Cash Ratio, Industry
Consumer Discretionary 0.57 0.55 0.71 0.69

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 10,071 ÷ 9,950 = 1.01

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Airbnb Inc. cash ratio deteriorated from 2021 to 2022 and from 2022 to 2023.