Analysis of Debt
Total Debt (Carrying Amount)
Expedia Group Inc., balance sheet: debt
US$ in millions
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
The total long-term debt carrying amount exhibits a significant overall increase between December 31, 2017, and December 31, 2021. While debt levels showed a slight decline in 2018, a substantial upward trajectory began in 2019 and accelerated sharply in 2020, resulting in a final carrying amount that is approximately double the 2017 level.
- Total Debt Expansion
- Total long-term debt, including current maturities, rose from 4,249 million USD in 2017 to 8,450 million USD in 2021. The most aggressive growth occurred between 2019 and 2020, during which the total carrying amount increased from 4,938 million USD to 8,216 million USD, representing a growth of approximately 66% in a single fiscal year.
- Long-Term Debt Composition
- The portion of debt excluding current maturities remained relatively stable between 2017 and 2018, fluctuating slightly around 3.7 billion USD. A notable escalation followed, with the balance increasing to 4,189 million USD in 2019 and peaking at 8,216 million USD in 2020, before settling at 7,715 million USD by the end of 2021.
- Current Maturities Analysis
- Current maturities of long-term debt showed an inconsistent reporting pattern, with values provided for 2017 (500 million USD), 2019 (749 million USD), and 2021 (735 million USD). The absence of reported current maturities in 2018 and 2020 suggests a shift in the debt repayment schedule or a concentration of obligations in non-current periods during those specific years.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Total Debt (Fair Value)
| Dec 31, 2021 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Senior Notes | 8,000) |
| Convertible Notes | 1,200) |
| Total long-term debt, including current maturities (fair value) | 9,200) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.09 |
Based on: 10-K (reporting date: 2021-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on long-term debt: 3.57%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 2.50% | 735) | 18) | |
| 3.60% | 497) | 18) | |
| 4.50% | 498) | 22) | |
| 6.25% | 1,033) | 65) | |
| 5.00% | 745) | 37) | |
| 0.00% | 986) | —) | |
| 4.63% | 744) | 34) | |
| 3.80% | 994) | 38) | |
| 3.25% | 1,235) | 40) | |
| 2.95% | 983) | 29) | |
| Total | 8,450) | 302) | |
| 3.57% | |||
Based on: 10-K (reporting date: 2021-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 302 ÷ 8,450 = 3.57%