Hyatt Hotels Corporation (H)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,733,000 | 2,130,000 | 2,250,000 | 2,062,000 | 2,563,000 |
| Total current liabilities | US$ in thousands | 3,274,000 | 3,578,000 | 3,287,000 | 2,232,000 | 984,000 |
| Current ratio | 0.83 | 0.60 | 0.68 | 0.92 | 2.60 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,733,000K ÷ $3,274,000K
= 0.83
The current ratio of Hyatt Hotels Corporation has shown a declining trend over the past five years. As of December 31, 2020, the current ratio stood at a healthy 2.60, indicating the company had more than enough current assets to cover its current liabilities. However, by December 31, 2024, the current ratio had decreased to 0.83, signaling a potential liquidity challenge as the company may struggle to meet its short-term obligations with its current assets alone. It is essential for Hyatt Hotels Corporation to closely monitor and manage its liquidity position to ensure it can fulfill its financial obligations in a timely manner.
Peer comparison
Dec 31, 2024