Stock Analysis on Net

Booking Holdings Inc. (NASDAQ:BKNG)

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.

Booking Holdings Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 12,107 12,221 11,127 10,562 6,312
Short-term investments 576 175 25 501 998
Accounts receivable, net of allowance for expected credit losses 3,253 2,229 1,358 529 1,680
Prepaid expenses, net 644 477 404 337 479
Other current assets 454 696 231 277 364
Current assets 17,034 15,798 13,145 12,206 9,833
Property and equipment, net 784 669 822 756 738
Operating lease assets 705 645 496 529 620
Intangible assets, net 1,613 1,829 2,057 1,812 1,954
Goodwill 2,826 2,807 2,887 1,895 2,913
Long-term investments 440 2,789 3,175 3,759 4,477
Other assets, net 940 824 1,059 917 867
Long-term assets 7,308 9,563 10,496 9,668 11,569
Total assets 24,342 25,361 23,641 21,874 21,402

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), 10-K (reporting date: 2019-12-31).


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. Booking Holdings 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. Booking Holdings Inc. property and equipment, net decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Long-term 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. Booking Holdings Inc. long-term assets decreased from 2021 to 2022 and from 2022 to 2023.
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. Booking Holdings Inc. total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.

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. Booking Holdings 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. Booking Holdings Inc. short-term investments increased from 2021 to 2022 and from 2022 to 2023.
Accounts receivable, net of allowance for expected credit losses 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. Booking Holdings Inc. accounts receivable, net of allowance for expected credit losses increased from 2021 to 2022 and from 2022 to 2023.