Stock Analysis on Net
Stock Analysis on Net

Expedia Group Inc. (NASDAQ:EXPE)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 3, 2022.

Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Expedia Group Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Accounts payable, merchant
Accounts payable, other
Deferred merchant bookings
Deferred revenue
Income taxes payable
Accrued expenses and other current liabilities
Current maturities of long-term debt
Current liabilities
Long-term debt, excluding current maturities
Deferred income taxes
Long-term operating lease liabilities
Other long-term liabilities
Long-term liabilities
Total liabilities
Redeemable non-controlling interests
Series A Preferred Stock $.001 par value
Common stock $.0001 par value
Class B common stock $.0001 par value
Additional paid-in capital
Treasury stock, at cost
Retained earnings (deficit)
Accumulated other comprehensive loss
Total Expedia Group, Inc. stockholders’ equity
Non-redeemable non-controlling interests
Total stockholders’ equity
Total liabilities and stockholders’ equity

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 financial data over the analyzed periods reveal several key trends related to liabilities, equity, and certain specific financial items.

Accounts Payable (Merchant and Other)
Accounts payable to merchants fluctuated with a general decrease from 1,838 million USD in 2017 to a low of 602 million in 2020, before rising again to 1,333 million in 2021. Other accounts payable showed a similar pattern, rising from 698 million in 2017 to 906 million in 2019, dropping to 496 million in 2020, and recovering to 688 million in 2021.
Deferred Merchant Bookings and Deferred Revenue
Deferred merchant bookings displayed a strong upward trend from 3,219 million in 2017 to a peak of 5,679 million in 2019, followed by a significant drop in 2020 to 3,107 million, then rising again in 2021 to 5,688 million. Deferred revenue, in contrast, saw a gradual decline from 326 million in 2017 to 166 million in 2021, indicating a shrinking balance in this liability category over the period.
Income Taxes Payable and Accrued Expenses
Income taxes payable climbed steadily from 33 million in 2017 to 88 million in 2019, then dropped substantially to 16 million by 2021. Accrued expenses and other current liabilities showed high volatility, peaking at 1,265 million in 2017, declining sharply to 808 million in 2018, rebounding and fluctuating in the subsequent years, ending at 824 million in 2021.
Current Maturities of Long-Term Debt and Current Liabilities
Current maturities of long-term debt fluctuated with values available only in 2017, 2019, and 2021, showing an increase from 500 million in 2017 to 749 million in 2019, and slightly decreasing to 735 million in 2021. Current liabilities overall rose from 7,879 million in 2017 to a peak of 10,714 million in 2019, sharply dropping to 5,406 million in 2020, then recovering to 9,450 million in 2021.
Long-Term Debt and Other Long-Term Liabilities
Long-term debt excluding current maturities increased steadily from 3,749 million in 2017 to a peak of 8,216 million in 2020, before slightly reducing to 7,715 million in 2021. Long-term operating lease liabilities appeared from 2019 onwards and showed a declining trend from 532 million in 2019 to 360 million in 2021. Other long-term liabilities remained relatively stable with minor fluctuations around 400 to 500 million across the years.
Total Liabilities
Total liabilities increased from 12,365 million in 2017 to a peak of 15,865 million in 2019, dipped slightly in 2020 to 14,651 million, and then rose again notably to 17,996 million in 2021, demonstrating overall growth despite interim volatility.
Stockholders’ Equity Components
Additional paid-in capital showed continuous growth from 9,163 million in 2017 to 14,229 million in 2021, indicating increased equity contributions or retained capital. Treasury stock at cost also increased negatively in value from -4,823 million in 2017 to -10,262 million in 2021, suggesting repurchase of shares over time. Retained earnings moved from a positive 331 million in 2017 to negative figures of around -1,761 million in 2021, indicating accumulated losses. Accumulated other comprehensive loss fluctuated slightly but showed less variation overall, hovering around -150 to -220 million.
Total Stockholders’ Equity
Total stockholders’ equity declined steadily from 6,129 million in 2017 to 3,552 million in 2021, signifying a reduction in the net asset value attributable to shareholders over the period despite rising additional paid-in capital.
Total Liabilities and Stockholders’ Equity
This combined total showed an overall increase from 18,516 million in 2017 to 21,548 million in 2021, despite dips in intermediate years, reflecting growth in the company's total financial base.