Hyatt Hotels Corporation (H)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	3,326,000	2,687,000	2,684,000	2,304,000	2,305,000	3,049,000	3,053,000	2,454,000	2,453,000	3,150,000	3,798,000	3,815,000	3,968,000	2,978,000	2,986,000	2,982,000	2,984,000	2,981,000	2,491,000	1,602,000
Total assets	US$ in thousands	13,324,000	11,865,000	12,757,000	11,719,000	12,833,000	12,317,000	12,589,000	12,618,000	12,312,000	12,402,000	12,650,000	12,689,000	12,603,000	9,477,000	8,962,000	8,769,000	9,129,000	9,225,000	8,580,000	8,298,000
Debt-to-assets ratio		0.25	0.23	0.21	0.20	0.18	0.25	0.24	0.19	0.20	0.25	0.30	0.30	0.31	0.31	0.33	0.34	0.33	0.32	0.29	0.19

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,326,000K ÷ $13,324,000K
= 0.25

The debt-to-assets ratio of Hyatt Hotels Corporation has fluctuated over the reported periods. It started at 0.19 as of March 31, 2020, indicating that the company had debt amounting to 19% of its total assets. The ratio then increased to 0.34 by March 31, 2021, suggesting a higher level of debt relative to assets.

Subsequently, there was a slight decrease in the ratio to 0.30 by June 30, 2022, before dropping to 0.18 by December 31, 2023. This decline indicates a lower proportion of debt compared to the company's assets during this period. However, the ratio increased to 0.25 as of September 30, 2024.

Overall, the debt-to-assets ratio of Hyatt Hotels Corporation has shown some volatility but generally remained within a moderate range, with the company maintaining a level of debt relative to its assets that may be considered manageable based on industry standards.