Stock Analysis on Net

Airbnb Inc. (NASDAQ:ABNB)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Airbnb Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
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
Prepaids and other current assets 320 256 206 154
Current assets 16,509 14,861 12,386 8,916
Deferred tax assets 2,881 16 15 26
Goodwill and intangible assets, net 792 684 705 732
Property and equipment, net 160 121 157 270
Operating lease right-of-use assets 119 138 272 384
Other 184 218 174 164
Other assets, noncurrent 463 477 603 818
Noncurrent assets 4,136 1,177 1,322 1,575
Total assets 20,645 16,038 13,708 10,491

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Airbnb Inc. current assets increased from 2021 to 2022 and from 2022 to 2023.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Airbnb Inc. property and equipment, net decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Airbnb Inc. noncurrent assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Airbnb Inc. total assets increased from 2021 to 2022 and from 2022 to 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Airbnb Inc. cash and cash equivalents increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Airbnb Inc. short-term investments decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Customer receivables Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Airbnb Inc. customer receivables increased from 2021 to 2022 and from 2022 to 2023.