Dollar Amounts
USD (Millions)
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Assets | $1,412 | $1,158 | $793 | $571 | $613 |
| Liabilities | $1,304 | $948 | $784 | $611 | $572 |
| Equity | $108 | $210 | $8 | -$41 | $41 |
Balance sheet data in USD (millions)
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Edwyn
Over the past five years, Groupon, Inc. has shown a significant decline in total assets, from 1411.507 million USD in 2020 to 612.69 million USD in 2024. This indicates a shrinking asset base, which could be a concern for the company's long-term sustainability. Total liabilities have also decreased during this period, from 1303.833 million USD in 2020 to 571.639 million USD in 2024. However, the most striking trend is the fluctuation in stockholders' equity, which went from a positive 107.675 million USD in 2020 to a negative -40.631 million USD in 2023, before rebounding to 40.815 million USD in 2024. The negative equity position in 2023 raises red flags about the company's financial health and ability to cover its obligations. It could suggest that Groupon, Inc. faced challenges in generating enough profits to support its operations and meet its debt obligations. The rebound in equity in 2024 is a positive sign, but it's essential for the company to sustain this positive trend and focus on improving profitability and efficiency to strengthen its financial position. In the context of the industry, the decline in assets and equity may be reflective of increased competition, changing consumer behavior, or strategic shifts within the company that impacted its financial performance. Groupon, Inc. will need to carefully assess its business strategies and financial management to navigate these challenges and drive future growth.
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.