Stock Analysis on Net
Stock Analysis on Net

Expedia Group Inc. (NASDAQ:EXPE)

This company has been moved to the archive! The financial data has not been updated since May 3, 2022.

Common-Size Balance Sheet: Assets 
Quarterly Data

Expedia Group Inc., common-size consolidated balance sheet: assets (quarterly data)

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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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and cash equivalents 22.59 19.08 22.93 22.60 19.62 17.99 22.12 23.07 19.13 15.48 17.76 19.18 17.69 13.55 15.26 14.95 16.76 15.37 17.02 15.44 14.17
Restricted cash and cash equivalents 10.51 7.86 7.23 10.51 9.02 4.13 3.68 5.98 3.98 3.64 2.09 2.79 2.13 1.44 0.97 1.63 1.07 0.37 0.25 0.25 0.19
Short-term investments 0.00 0.93 0.00 0.05 0.11 0.13 0.12 1.93 0.95 2.46 3.08 2.84 2.22 0.16 2.39 7.25 5.05 2.53 2.84 4.87 4.82
Accounts receivable, net of allowance 7.06 5.87 6.77 5.96 4.61 3.75 4.26 4.57 6.97 11.79 12.55 13.03 12.48 11.93 11.98 11.48 11.03 10.08 9.64 9.72 8.94
Income taxes receivable 0.38 0.39 0.46 1.65 1.79 0.64 0.56 0.49 0.36 0.33 0.29 0.58 0.70 0.13 0.19 0.85 0.86 0.11 0.19 0.78 0.72
Prepaid expenses and other current assets 4.81 3.84 3.82 5.20 5.26 3.50 3.48 4.79 6.09 2.43 1.50 1.33 1.52 1.62 1.45 1.76 1.61 1.45 1.50 1.31 1.31
Current assets 45.36% 37.97% 41.21% 45.96% 40.41% 30.14% 34.22% 40.83% 37.48% 36.12% 37.27% 39.75% 36.74% 28.82% 32.24% 37.92% 36.37% 29.92% 31.44% 32.36% 30.16%
Property and equipment, net 8.83 10.12 10.32 9.35 10.25 12.08 11.70 10.52 11.25 10.26 9.78 8.80 8.72 10.41 9.24 8.22 7.96 8.51 7.99 7.94 8.05
Operating lease right-of-use assets 1.61 1.89 2.01 1.93 2.28 3.07 3.04 2.86 3.08 2.85 2.32 2.36 2.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-term investments and other assets 5.97 6.73 2.98 2.74 3.05 3.59 3.08 2.82 2.99 3.72 3.60 3.67 3.84 4.31 3.75 3.69 4.20 4.57 4.67 2.89 2.99
Deferred income taxes 3.52 3.55 3.64 3.52 3.58 3.53 2.83 2.20 1.26 0.68 0.51 0.36 0.22 0.38 1.18 0.08 0.09 0.10 0.20 0.17 0.14
Intangible assets, net 5.57 6.46 6.49 6.03 6.76 8.11 7.81 7.30 8.04 8.42 8.62 8.50 9.24 11.05 10.98 10.49 10.98 12.47 12.49 12.84 13.51
Goodwill 29.16 33.28 33.35 30.48 33.67 39.49 37.31 33.46 35.90 37.95 37.90 36.57 38.68 45.03 42.62 39.60 40.39 44.44 43.22 43.80 45.16
Non-current assets 54.64% 62.03% 58.79% 54.04% 59.59% 69.86% 65.78% 59.17% 62.52% 63.88% 62.73% 60.25% 63.26% 71.18% 67.76% 62.08% 63.63% 70.08% 68.56% 67.64% 69.84%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets demonstrated moderate fluctuations, generally ranging between 13.55% and 23.07%. A noticeable increase occurred starting in 2020, peaking at 23.07% in June 2020, followed by some volatility yet maintaining higher levels compared to earlier periods. This suggests an emphasis on maintaining liquidity, particularly during the 2020 period.
Restricted cash and cash equivalents
This category exhibited a consistent upward trend over the analyzed timeframe. Beginning at 0.19% in March 2017, it grew steadily to reach 10.51% by March 2022. Such an increase indicates growing amounts of cash held under specific conditions or obligations.
Short-term investments
Short-term investments showed notable volatility. Initially above 4%, the percentage dropped sharply around late 2017 and 2018, falling below 1% in several consecutive quarters in 2020 and 2021, with some recovery in March 2022 to 0.93%. The trend implies a reduction in investments easily convertible to cash during those years.
Accounts receivable, net of allowance
Accounts receivable generally increased until the end of 2019, peaking near 13.03%. However, from March 2020, a sharp decline was observed to around 3.75-4.57%, followed by gradual recovery but remaining below pre-2020 levels through March 2022. This may reflect decreased sales or collection challenges during the pandemic period.
Income taxes receivable
Variations in income taxes receivable were generally minor, fluctuating mostly between 0.1% and 1.8%. A moderate rise occurred toward mid and late 2021, suggesting temporal changes in tax positions or refunds.
Prepaid expenses and other current assets
This item rose significantly during 2020, peaking above 6% in March 2020, then gradually decreasing but remaining above earlier pre-2020 levels. This elevated level could signify increased advance payments or deferred costs during periods of operational uncertainty.
Current assets
Current assets as a percentage of total assets fluctuated between approximately 28% and 46%. There was a general trend toward higher current asset proportions starting from 2020 onward, coinciding with increases in cash, restricted cash, and prepaid expenses. This suggests a shift toward more liquid or short-term assets during the recent periods.
Property and equipment, net
The proportion of net property and equipment was relatively stable overall, mostly between 8% and 12%. A slight increase was noticeable during 2020, possibly reflecting ongoing capital expenditure or lower asset disposals during that time. However, a decline was seen toward early 2022.
Operating lease right-of-use assets
Introduced into the data starting in late 2018, these assets maintained a relatively small but stable share of total assets, ranging mostly between 1.6% and 3.1%. The steady proportions suggest consistent lease commitments.
Long-term investments and other assets
Long-term investments and other assets declined somewhat from around 4.5% in early periods to lower levels near 2.7% - 3.5% during 2019 and 2020, with an increase again in 2022 to nearly 6%. The dip and subsequent rise may indicate changes in investment strategy or asset reclassifications.
Deferred income taxes
This line item showed a clear upward trend, increasing from below 0.2% in early 2017 to about 3.5% from 2020 onwards, remaining relatively stable thereafter. This growth suggests accumulating deferred tax assets or liabilities impacting total assets.
Intangible assets, net
Intangible assets steadily declined in proportion to total assets, from roughly 13.5% in early 2017 to about 5.6% by March 2022. This downward trajectory might reflect amortization, impairments, or fewer new intangible asset acquisitions relative to growth in total assets.
Goodwill
Goodwill also decreased markedly as a share of total assets over the analyzed period, from over 45% in early 2017 to approximately 29% by March 2022. The decline implies asset write-downs, divestitures, or slower growth of goodwill relative to asset base expansion.
Non-current assets
Non-current assets experienced a general decline from around 70% in 2017 to just above 54% in early 2022, exhibiting fluctuations in line with the observed decreases in goodwill and intangible assets. The pattern shows a gradual shift in asset composition toward current assets over time.
Total assets
By definition, total assets remain stable at 100% across all periods and serve as the basis for proportional analysis of other asset accounts.