Hyatt Hotels Corporation (H)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,011,000 | 881,000 | 991,000 | 960,000 | 1,207,000 |
| Short-term investments | US$ in thousands | 372,000 | 15,000 | 158,000 | 227,000 | 675,000 |
| Receivables | US$ in thousands | 1,121,000 | 883,000 | 834,000 | 633,000 | 316,000 |
| Total current liabilities | US$ in thousands | 3,274,000 | 3,578,000 | 3,287,000 | 2,232,000 | 984,000 |
| Quick ratio | 0.76 | 0.50 | 0.60 | 0.82 | 2.23 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,011,000K
+ $372,000K
+ $1,121,000K)
÷ $3,274,000K
= 0.76
The quick ratio of Hyatt Hotels Corporation has shown a declining trend over the years, decreasing from 2.23 in December 31, 2020, to 0.82 in December 31, 2021, further dropping to 0.60 in December 31, 2022, and 0.50 in December 31, 2023, before slightly improving to 0.76 in December 31, 2024. This downward trend indicates a potential weakening liquidity position of the company as its ability to cover short-term obligations with its most liquid assets has decreased over time. It is essential for investors and stakeholders to closely monitor this ratio to assess the company's ability to meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024