Hyatt Hotels Corporation (H)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 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 | 1,612,000 | 1,612,000 | 1,621,000 | 1,621,000 |
| Total assets | US$ in thousands | 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 | 8,417,000 | 8,129,000 | 8,082,000 | 8,035,000 |
| Debt-to-assets ratio | 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 | 0.19 | 0.20 | 0.20 | 0.20 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,305,000K ÷ $12,833,000K
= 0.18
The debt-to-assets ratio of Hyatt Hotels Corporation has been relatively stable over the past eight quarters, ranging from 0.24 to 0.31. This ratio indicates the proportion of the company's total assets that are financed by debt.
A decreasing trend in the debt-to-assets ratio could suggest that the company is effectively managing its debt levels in relation to its asset base. Conversely, an increasing trend may indicate that the company is becoming more leveraged and potentially riskier.
The ratio fluctuated slightly between 0.24 to 0.31 during this period, suggesting that Hyatt Hotels Corporation maintains a moderate level of debt compared to its total assets. This indicates a certain degree of financial stability and prudent debt management by the company.
It is important for investors and stakeholders to monitor this ratio over time to assess the company's financial health, debt capacity, and risk exposure. A consistent and sustainable debt-to-assets ratio is crucial for maintaining a healthy balance between debt financing and asset utilization.
Peer comparison
Dec 31, 2023