Stock Analysis on Net
Stock Analysis on Net

Booking Holdings Inc. (NASDAQ:BKNG)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity Ratios (Summary)

Booking Holdings Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Current ratio 3.17 2.93 2.24 1.83 1.82 1.58 1.27 2.36 2.41 1.92 2.14 2.58 2.52 2.20 2.15 1.89 2.01 2.68 2.45 2.47 2.72 2.43 3.50
Quick ratio 3.04 2.81 1.90 1.68 1.67 1.38 1.04 2.20 2.25 1.73 1.89 2.46 2.40 2.02 1.94 1.81 1.89 2.42 2.13 2.29 2.49 2.11 3.14
Cash ratio 2.82 2.66 1.74 1.36 1.35 1.07 0.77 1.77 1.81 1.40 1.54 2.12 2.00 1.69 1.65 1.50 1.51 1.98 1.70 1.84 1.93 1.65 2.72

Based on: 10-Q (filing date: 2020-11-05), 10-Q (filing date: 2020-08-06), 10-Q (filing date: 2020-05-07), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-07), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-09), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-05), 10-Q (filing date: 2018-08-09), 10-Q (filing date: 2018-05-09), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-11-07), 10-Q (filing date: 2016-08-04), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-11-09), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-07).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Booking Holdings Inc.’s current ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Booking Holdings Inc.’s quick ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Booking Holdings Inc.’s cash ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Current Ratio

Booking Holdings Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Current assets 12,583  11,453  9,260  9,833  10,056  10,020  7,077  8,407  9,468  10,033  9,505  9,035  9,125  8,273  6,988  5,402  5,834  5,914  4,865  3,553  4,299  4,693  5,967 
Current liabilities 3,968  3,909  4,136  5,366  5,528  6,349  5,576  3,555  3,930  5,222  4,447  3,498  3,624  3,757  3,248  2,859  2,906  2,210  1,988  1,439  1,583  1,931  1,703 
Liquidity Ratio
Current ratio1 3.17 2.93 2.24 1.83 1.82 1.58 1.27 2.36 2.41 1.92 2.14 2.58 2.52 2.20 2.15 1.89 2.01 2.68 2.45 2.47 2.72 2.43 3.50
Benchmarks
Current Ratio, Competitors2
McDonald’s Corp. 1.07 0.91 1.90 0.98 0.84 1.21 1.47 1.36 1.53 1.47 1.74 1.84 1.28 2.15 1.83 1.40 0.96 1.89 1.77 3.27 1.52 2.16 1.31
Starbucks Corp. 0.95 0.70 0.68 0.92 1.31 0.94 1.41 2.20 1.01 1.09 1.01 1.25 1.37 1.23 1.05 1.05 1.14 0.89 1.07 1.19 1.18 1.21 1.28

Based on: 10-Q (filing date: 2020-11-05), 10-Q (filing date: 2020-08-06), 10-Q (filing date: 2020-05-07), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-07), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-09), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-05), 10-Q (filing date: 2018-08-09), 10-Q (filing date: 2018-05-09), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-11-07), 10-Q (filing date: 2016-08-04), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-11-09), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 12,583 ÷ 3,968 = 3.17

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. Booking Holdings Inc.’s current ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Quick Ratio

Booking Holdings Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 11,197  10,404  6,363  6,312  6,466  5,256  2,334  2,624  2,973  3,187  2,622  2,542  2,846  2,634  2,434  2,081  2,422  2,694  1,857  1,477  1,842  1,889  3,256 
Short-term investments —  —  826  998  973  1,553  1,981  3,660  4,158  4,146  4,241  4,860  4,407  3,722  2,936  2,219  1,956  1,677  1,526  1,171  1,211  1,299  1,380 
Accounts receivable, net of allowance for credit losses 859  566  667  1,680  1,788  1,973  1,491  1,523  1,719  1,715  1,530  1,218  1,438  1,231  934  860  1,105  983  857  645  891  890  707 
Total quick assets 12,056  10,970  7,856  8,990  9,227  8,782  5,806  7,807  8,850  9,047  8,393  8,619  8,691  7,587  6,304  5,160  5,483  5,354  4,240  3,294  3,943  4,078  5,342 
 
Current liabilities 3,968  3,909  4,136  5,366  5,528  6,349  5,576  3,555  3,930  5,222  4,447  3,498  3,624  3,757  3,248  2,859  2,906  2,210  1,988  1,439  1,583  1,931  1,703 
Liquidity Ratio
Quick ratio1 3.04 2.81 1.90 1.68 1.67 1.38 1.04 2.20 2.25 1.73 1.89 2.46 2.40 2.02 1.94 1.81 1.89 2.42 2.13 2.29 2.49 2.11 3.14
Benchmarks
Quick Ratio, Competitors2
McDonald’s Corp. 0.97 0.84 1.77 0.86 0.74 0.98 1.27 1.11 1.33 1.29 1.57 1.54 1.13 1.40 1.16 0.78 0.81 1.65 1.56 3.05 1.21 1.88 0.99
Starbucks Corp. 0.63 0.43 0.46 0.59 0.95 0.54 1.05 1.69 0.51 0.60 0.68 0.84 0.94 0.80 0.69 0.67 0.72 0.50 0.71 0.64 0.70 0.71 0.74

Based on: 10-Q (filing date: 2020-11-05), 10-Q (filing date: 2020-08-06), 10-Q (filing date: 2020-05-07), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-07), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-09), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-05), 10-Q (filing date: 2018-08-09), 10-Q (filing date: 2018-05-09), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-11-07), 10-Q (filing date: 2016-08-04), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-11-09), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 12,056 ÷ 3,968 = 3.04

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. Booking Holdings Inc.’s quick ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Cash Ratio

Booking Holdings Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 11,197  10,404  6,363  6,312  6,466  5,256  2,334  2,624  2,973  3,187  2,622  2,542  2,846  2,634  2,434  2,081  2,422  2,694  1,857  1,477  1,842  1,889  3,256 
Short-term investments —  —  826  998  973  1,553  1,981  3,660  4,158  4,146  4,241  4,860  4,407  3,722  2,936  2,219  1,956  1,677  1,526  1,171  1,211  1,299  1,380 
Total cash assets 11,197  10,404  7,189  7,310  7,439  6,809  4,315  6,284  7,131  7,332  6,863  7,401  7,253  6,356  5,370  4,300  4,378  4,371  3,383  2,649  3,053  3,188  4,635 
 
Current liabilities 3,968  3,909  4,136  5,366  5,528  6,349  5,576  3,555  3,930  5,222  4,447  3,498  3,624  3,757  3,248  2,859  2,906  2,210  1,988  1,439  1,583  1,931  1,703 
Liquidity Ratio
Cash ratio1 2.82 2.66 1.74 1.36 1.35 1.07 0.77 1.77 1.81 1.40 1.54 2.12 2.00 1.69 1.65 1.50 1.51 1.98 1.70 1.84 1.93 1.65 2.72
Benchmarks
Cash Ratio, Competitors2
McDonald’s Corp. 0.59 0.45 1.35 0.25 0.28 0.35 0.68 0.29 0.71 0.55 0.87 0.85 0.71 0.87 0.75 0.35 0.51 1.17 1.16 2.60 0.83 1.45 0.59
Starbucks Corp. 0.52 0.32 0.36 0.45 0.82 0.40 0.92 1.57 0.36 0.43 0.55 0.64 0.75 0.60 0.49 0.50 0.55 0.33 0.54 0.44 0.54 0.53 0.55

Based on: 10-Q (filing date: 2020-11-05), 10-Q (filing date: 2020-08-06), 10-Q (filing date: 2020-05-07), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-07), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-09), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-05), 10-Q (filing date: 2018-08-09), 10-Q (filing date: 2018-05-09), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-11-07), 10-Q (filing date: 2016-08-04), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-17), 10-Q (filing date: 2015-11-09), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 11,197 ÷ 3,968 = 2.82

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. Booking Holdings Inc.’s cash ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.