Hyatt Hotels Corporation (H)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 13,324,000 | 12,833,000 | 12,312,000 | 12,603,000 | 9,129,000 |
Total stockholders’ equity | US$ in thousands | 3,547,000 | 3,564,000 | 3,699,000 | 3,563,000 | 3,211,000 |
Financial leverage ratio | 3.76 | 3.60 | 3.33 | 3.54 | 2.84 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,324,000K ÷ $3,547,000K
= 3.76
The financial leverage ratio of Hyatt Hotels Corporation has shown an increasing trend from 2.84 in December 31, 2020, to 3.76 in December 31, 2024. This indicates that the company is relying more on debt financing compared to equity over the years. A higher financial leverage ratio suggests that the company is more leveraged and potentially carries higher financial risk. It is important for investors and stakeholders to monitor this ratio closely to assess the company's ability to manage its debt levels and financial obligations effectively.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Hyatt Hotels Corporation
H
3.76
Boyd Gaming Corporation
BYD
3.60
Caesars Entertainment Corporation
CZR
7.84
Choice Hotels International Inc
CHH
67.27
Hilton Worldwide Holdings Inc
HLT
—
Las Vegas Sands Corp
LVS
7.17
Marriott International Inc
MAR
—
MGM Resorts International
MGM
11.12
Monarch Casino & Resort Inc
MCRI
1.34
Penn National Gaming Inc
PENN
5.02
Travel + Leisure Co
TNL
—