Hilton Grand Vacations Inc (HGV)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,868,000 | 3,955,000 | 4,174,000 | 4,260,000 | 3,552,000 | 2,797,000 | 737,000 | 892,000 | 734,000 | 823,000 | 787,000 | 961,000 | 734,000 | 612,000 | 538,000 | 511,000 | 547,000 | 734,000 | 1,107,000 | 827,000 |
| Total current liabilities | US$ in thousands | 252,000 | 1,270,000 | 1,383,000 | 1,357,000 | 1,151,000 | 1,356,000 | 1,481,000 | 1,567,000 | 1,197,000 | 118,000 | 142,000 | 159,000 | 112,000 | 170,000 | 824,000 | 710,000 | 16,000 | 644,000 | 621,000 | 662,000 |
| Current ratio | 15.35 | 3.11 | 3.02 | 3.14 | 3.09 | 2.06 | 0.50 | 0.57 | 0.61 | 6.97 | 5.54 | 6.04 | 6.55 | 3.60 | 0.65 | 0.72 | 34.19 | 1.14 | 1.78 | 1.25 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,868,000K ÷ $252,000K
= 15.35
The current ratio of Hilton Grand Vacations Inc has exhibited fluctuations over the years based on the data provided. As of December 31, 2024, the company had a current ratio of 15.35, indicating a healthy liquidity position with current assets significantly exceeding current liabilities. This suggests that the company is well-positioned to meet its short-term obligations.
However, it is important to note that there have been instances of lower current ratios in the past, such as in March 31, 2021 and June 30, 2021, where the ratios were 0.72 and 0.65 respectively. These lower ratios may indicate potential liquidity challenges or difficulty in meeting short-term obligations during those periods.
Overall, the current ratio trend of Hilton Grand Vacations Inc shows variability but has generally improved in recent quarters, with ratios above 1.0 signifying a sufficient level of current assets to cover its current liabilities. Investors and stakeholders should continue to monitor the company's current ratio to assess its liquidity position and ability to manage short-term financial obligations.