Trip.com Group Ltd balance sheet

At the end of fiscal 2025, Trip.com Group Ltd had total assets of $38.24bn, total liabilities of $13.55bn and shareholders' equity of $24.43bn. It held $5.70bn in cash against $4.40bn of debt: net cash of $1.30bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Trip.com Group Ltd: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	0.2	0.3	0.6	0.5	1.2	0.9	3.0	2.7	2.8	3.1	2.9	2.8	3.1	2.5	5.9	6.6	5.7
Receivables	0.1	0.1	0.1	0.2	0.3	0.3	0.5	0.7	0.7	0.8	1.1	0.6	0.7	0.8	1.6	1.7	2.2
Total current assets	0.3	0.7	1.0	1.2	2.4	2.8	6.3	6.6	9.1	11.5	9.8	8.9	10.4	8.9	12.5	15.4	17.3
Goodwill	0.0	0.1	0.1	0.1	0.2	0.3	7.1	8.1	8.6	8.4	8.4	9.1	9.3	8.6	8.4	8.3	8.9
Total assets	0.6	1.2	1.6	1.9	3.4	5.0	18.3	20.8	24.9	27.0	28.8	28.7	30.1	27.8	30.9	33.2	38.2
Accounts payable	0.0	0.1	0.1	0.2	0.3	0.4	0.9	1.0	1.1	1.7	1.8	0.7	0.9	1.1	2.3	2.3	2.7
Deferred revenue (current)	—	—	—	—	—	0.0	0.0	0.0	0.0	—	—	—	—	—	—	—	—
Total current liabilities	0.2	0.3	0.4	0.6	1.1	2.0	5.2	4.4	6.5	10.0	9.9	8.9	10.4	8.9	10.2	10.1	11.2
Short-term debt	—	—	—	0.1	0.1	0.6	2.0	1.0	2.5	5.2	4.4	5.2	6.3	4.7	3.6	2.7	2.8
Long-term debt	—	—	—	0.2	0.9	1.3	2.8	5.0	4.5	3.5	2.8	3.5	1.7	1.9	2.7	2.8	1.6
Total debt	0.0	0.0	0.0	0.3	1.1	1.9	4.8	6.0	7.0	8.7	7.2	8.6	8.0	6.6	6.3	5.4	4.4
Total liabilities	0.2	0.3	0.4	0.8	2.0	3.4	8.5	9.9	11.6	14.1	13.4	13.1	12.8	11.4	13.5	13.6	13.6
Shareholders' equity	0.4	0.9	1.1	1.0	1.4	1.5	6.9	10.3	13.0	12.6	14.9	15.4	17.2	16.3	17.2	19.4	24.4
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	0.1	3.0	0.6	—	—	—	—	—	—	—	—	—
Net debt (negative = net cash)	−0.2	−0.3	−0.6	−0.3	−0.1	1.0	1.8	3.3	4.2	5.6	4.3	5.9	4.9	4.2	0.5	−1.2	−1.3
Shares outstanding	34m	36m	36m	32m	34m	35m	51m	64m	68m	69m	593m	—	—	646m	644m	653m	650m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Trip.com Group Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Trip.com Group Ltd.