Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Airbnb Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Airbnb Inc. current ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| 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 Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Airbnb Inc. cash ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Current Ratio
Airbnb Inc., current ratio calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||
| Current assets | 20,393) | 16,509) | 17,523) | 20,052) | 18,869) | 14,861) | 14,867) | 17,826) | 15,761) | 12,386) | 12,221) | 14,096) | 10,927) | |||||
| Current liabilities | 14,139) | 9,950) | 9,821) | 13,624) | 12,212) | 7,978) | 8,015) | 11,287) | 9,774) | 6,359) | 6,559) | 9,496) | 6,573) | |||||
| Liquidity Ratio | ||||||||||||||||||
| Current ratio1 | 1.44 | 1.66 | 1.78 | 1.47 | 1.55 | 1.86 | 1.85 | 1.58 | 1.61 | 1.95 | 1.86 | 1.48 | 1.66 | |||||
| Benchmarks | ||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||
| Booking Holdings Inc. | 1.22 | 1.28 | 1.44 | 1.55 | 1.59 | 1.86 | 1.45 | 1.45 | 1.72 | 2.10 | 2.48 | 2.05 | 2.18 | |||||
| Carnival Corp. & plc | 0.36 | 0.46 | 0.43 | 0.52 | 0.64 | 0.71 | 0.65 | 0.64 | 0.74 | 0.97 | 0.94 | 1.16 | 1.45 | |||||
| Chipotle Mexican Grill Inc. | 1.65 | 1.57 | 1.53 | 1.58 | 1.41 | 1.28 | 1.32 | 1.26 | 1.32 | 1.58 | 1.78 | 1.73 | 1.75 | |||||
| McDonald’s Corp. | 0.83 | 1.16 | 1.71 | 1.35 | 1.47 | 1.43 | 1.65 | 1.41 | 1.10 | 1.78 | 1.33 | 1.45 | 1.19 | |||||
| Starbucks Corp. | 0.70 | 0.78 | 0.78 | 0.77 | 0.75 | 0.77 | 0.84 | 0.83 | 0.81 | 1.20 | 1.02 | 1.07 | 1.06 | |||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
1 Q1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 20,393 ÷ 14,139 = 1.44
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 Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Quick Ratio
Airbnb Inc., quick ratio calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||
| Cash and cash equivalents | 7,829) | 6,874) | 8,175) | 7,905) | 8,166) | 7,378) | 7,524) | 7,838) | 6,887) | 6,067) | 5,995) | 5,673) | 4,483) | |||||
| Short-term investments | 3,264) | 3,197) | 2,787) | 2,435) | 2,428) | 2,244) | 2,104) | 2,057) | 2,436) | 2,255) | 1,926) | 1,755) | 2,087) | |||||
| Customer receivables | 212) | 249) | 241) | 264) | 227) | 200) | 178) | 205) | 156) | 143) | 149) | 155) | 163) | |||||
| Funds receivable and amounts held on behalf of customers | 8,737) | 5,869) | 5,986) | 9,144) | 7,760) | 4,783) | 4,805) | 7,466) | 6,105) | 3,715) | 3,940) | 6,302) | 4,015) | |||||
| Total quick assets | 20,042) | 16,189) | 17,189) | 19,748) | 18,581) | 14,605) | 14,611) | 17,566) | 15,583) | 12,180) | 12,010) | 13,885) | 10,747) | |||||
| Current liabilities | 14,139) | 9,950) | 9,821) | 13,624) | 12,212) | 7,978) | 8,015) | 11,287) | 9,774) | 6,359) | 6,559) | 9,496) | 6,573) | |||||
| Liquidity Ratio | ||||||||||||||||||
| Quick ratio1 | 1.42 | 1.63 | 1.75 | 1.45 | 1.52 | 1.83 | 1.82 | 1.56 | 1.59 | 1.92 | 1.83 | 1.46 | 1.63 | |||||
| Benchmarks | ||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||
| Booking Holdings Inc. | 1.15 | 1.20 | 1.35 | 1.45 | 1.49 | 1.73 | 1.34 | 1.37 | 1.63 | 2.00 | 2.28 | 1.86 | 1.97 | |||||
| Carnival Corp. & plc | 0.23 | 0.26 | 0.30 | 0.42 | 0.54 | 0.60 | 0.57 | 0.57 | 0.66 | 0.90 | 0.85 | 1.08 | 1.36 | |||||
| Chipotle Mexican Grill Inc. | 1.51 | 1.37 | 1.40 | 1.44 | 1.26 | 1.09 | 1.05 | 1.02 | 1.13 | 1.35 | 1.29 | 1.28 | 1.35 | |||||
| McDonald’s Corp. | 0.63 | 1.03 | 1.43 | 1.04 | 1.25 | 1.24 | 1.35 | 1.07 | 0.95 | 1.64 | 1.20 | 1.23 | 1.04 | |||||
| Starbucks Corp. | 0.48 | 0.55 | 0.52 | 0.51 | 0.48 | 0.48 | 0.52 | 0.55 | 0.57 | 0.93 | 0.75 | 0.75 | 0.78 | |||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
1 Q1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 20,042 ÷ 14,139 = 1.42
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 Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Cash Ratio
Airbnb Inc., cash ratio calculation (quarterly data)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||
| Cash and cash equivalents | 7,829) | 6,874) | 8,175) | 7,905) | 8,166) | 7,378) | 7,524) | 7,838) | 6,887) | 6,067) | 5,995) | 5,673) | 4,483) | |||||
| Short-term investments | 3,264) | 3,197) | 2,787) | 2,435) | 2,428) | 2,244) | 2,104) | 2,057) | 2,436) | 2,255) | 1,926) | 1,755) | 2,087) | |||||
| Total cash assets | 11,093) | 10,071) | 10,962) | 10,340) | 10,594) | 9,622) | 9,628) | 9,895) | 9,322) | 8,322) | 7,921) | 7,428) | 6,569) | |||||
| Current liabilities | 14,139) | 9,950) | 9,821) | 13,624) | 12,212) | 7,978) | 8,015) | 11,287) | 9,774) | 6,359) | 6,559) | 9,496) | 6,573) | |||||
| Liquidity Ratio | ||||||||||||||||||
| Cash ratio1 | 0.78 | 1.01 | 1.12 | 0.76 | 0.87 | 1.21 | 1.20 | 0.88 | 0.95 | 1.31 | 1.21 | 0.78 | 1.00 | |||||
| Benchmarks | ||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||
| Booking Holdings Inc. | 0.95 | 0.95 | 1.08 | 1.22 | 1.31 | 1.46 | 1.07 | 1.15 | 1.41 | 1.78 | 2.01 | 1.67 | 1.88 | |||||
| Carnival Corp. & plc | 0.18 | 0.21 | 0.26 | 0.38 | 0.49 | 0.57 | 0.55 | 0.54 | 0.63 | 0.88 | 0.82 | 1.06 | 1.34 | |||||
| Chipotle Mexican Grill Inc. | 1.42 | 1.26 | 1.34 | 1.38 | 1.19 | 0.98 | 0.96 | 0.92 | 1.03 | 1.23 | 1.20 | 1.19 | 1.27 | |||||
| McDonald’s Corp. | 0.17 | 0.67 | 0.87 | 0.44 | 0.80 | 0.68 | 0.81 | 0.54 | 0.55 | 1.17 | 0.85 | 0.77 | 0.66 | |||||
| Starbucks Corp. | 0.36 | 0.42 | 0.39 | 0.38 | 0.36 | 0.35 | 0.39 | 0.44 | 0.45 | 0.81 | 0.63 | 0.62 | 0.67 | |||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).
1 Q1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 11,093 ÷ 14,139 = 0.78
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 Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |