Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
Doing some research...
Over the 2021–2024 period eBay’s balance sheet shrank noticeably. Total assets fell from $26,626m in 2021 to $19,365m in 2024 (a drop of ~27%), with the largest single-year decline in 2022 (down ~21.7% from 2021). Total liabilities also declined in absolute terms (from $16,848m to $14,207m, a ~15.7% fall), but not as quickly as assets, so the company’s balance mix shifted toward relatively higher leverage. Stockholders’ equity weakened most: equity fell from $9,778m in 2021 to $5,158m in 2024 (a decline of ~47%), with a sharp cut in 2022, a partial rebound in 2023, and another drop in 2024. Looking at ratios, liabilities/total assets rose from ~63% in 2021 to roughly 73% in 2024, while equity/asset fell from ~37% to ~27%, indicating the company became more debt-weighted relative to its asset base. The pattern—large asset and equity reduction in 2022, modest recovery in 2023, then further contraction in 2024—suggests one-time asset adjustments, capital returns (buybacks/dividends), or restructuring could be at work rather than a steady operational expansion. In an asset-light, competitive e‑commerce/payments environment, such swings are not uncommon, but the notable erosion of equity warrants monitoring (management’s capital allocation, any large asset sales, or write-downs). The 2025 row contains zeros and appears to be missing data rather than indicating a true drop to zero.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.