Stock Analysis on Net

Airbnb Inc. (NASDAQ:ABNB)

$24.99

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.

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Airbnb Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents
Short-term investments
Funds receivable and amounts held on behalf of customers
Customer receivables, net of reserve
Other
Prepaids and other current assets
Current assets
Deferred tax assets
Goodwill and intangible assets, net
Property and equipment, net
Operating lease right-of-use assets
Other
Other assets, noncurrent
Noncurrent assets
Total assets

Based on: 10-K (reporting date: 2024-12-31), 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).

The analysis of the asset composition over the five-year period reveals several notable trends and shifts in the financial structure.

Cash and Cash Equivalents
This category shows a moderate increase from 5481 million US dollars in 2020 to a peak of 7378 million in 2022, followed by a slight decline and stabilization around 6860 million in 2023 and 2024, indicating maintained liquidity albeit with some fluctuations.
Short-term Investments
Short-term investments exhibit significant growth, rising sharply from 911 million in 2020 to 3747 million in 2024. This upward trend suggests a strategic increase in relatively liquid but higher-yielding assets over the period.
Funds Receivable and Amounts Held on Behalf of Customers
These amounts steadily increase each year, from 2181 million in 2020 to 5931 million in 2024, reflecting possibly higher transactional volume or customer balances managed on behalf of others.
Customer Receivables, Net of Reserve
This item grows from 99 million in 2020 to 205 million in 2023, then declines to 147 million in 2024, indicating some variability in collectible customer balances, with a potential tightening or improved collection in the last year.
Other Current Assets
Other current asset components, including prepaids and miscellaneous items, demonstrate a consistent upward trend. Prepaids and other current assets rise from 344 million in 2020 to 638 million by 2024, while other smaller categories also grow steadily, supporting the overall increase in current assets.
Current Assets
The sum of current assets increases substantially from 8916 million in 2020 to 17180 million in 2024, nearly doubling over the five years. This reflects a growing short-term asset base supporting operational needs.
Deferred Tax Assets
Deferred tax assets remain minimal in the initial years but spike dramatically to 2881 million in 2023 before a slight decline to 2439 million in 2024. This large increase may reflect changes in tax positions or the recognition of deferred benefits on the balance sheet.
Goodwill and Intangible Assets, Net
Goodwill and intangible assets remain relatively stable, fluctuating slightly around 700-790 million throughout the period, suggesting no major acquisitions or impairment events affecting this category.
Property and Equipment, Net
Property and equipment show a general decline from 270 million in 2020 to 147 million in 2024, indicating asset disposals, depreciation exceeding new capital expenditures, or a shift away from owning physical assets.
Operating Lease Right-of-Use Assets
This category decreases substantially from 384 million in 2020 to a low of 119 million in 2023, then slightly rebounds to 144 million in 2024. The trend could be associated with lease terminations, renegotiations, or changes in accounting standards affecting lease recognition.
Other Noncurrent Assets
Other noncurrent assets decline from 818 million in 2020 to 463 million in 2023 but show some recovery to 563 million in 2024, indicating some disposals with partial reaccumulation or acquisition of longer-term assets.
Noncurrent Assets
Noncurrent assets initially decrease from 1575 million in 2020 to 1177 million in 2022, followed by a sharp increase to 4136 million in 2023, then a small decrease to 3779 million in 2024. The spike in 2023 is primarily driven by the surge in deferred tax assets, redefining the asset composition significantly.
Total Assets
Total assets show a consistent upward trajectory, growing from 10491 million in 2020 to 20959 million in 2024, nearly doubling over the timeline, reflecting overall company asset growth and expanded financial capacity.

Assets: Selected Items


Current Assets: Selected Items