Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
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
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
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
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. |