Hilton Grand Vacations Inc (HGV)
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 | 4,601,000 | 5,039,000 | 4,885,000 | 5,144,000 | 3,049,000 | 2,730,000 | 2,942,000 | 2,940,000 | 2,651,000 | 2,612,000 | 2,787,000 | 2,913,000 | 2,913,000 | 2,929,000 | 2,431,000 | 1,156,000 | 1,159,000 | 1,262,000 | 1,263,000 | 1,266,000 |
| Total assets | US$ in thousands | 11,442,000 | 11,154,000 | 11,467,000 | 11,664,000 | 8,685,000 | 8,009,000 | 8,151,000 | 8,478,000 | 8,004,000 | 8,046,000 | 8,132,000 | 8,442,000 | 8,008,000 | 8,097,000 | 4,507,000 | 3,114,000 | 3,134,000 | 3,544,000 | 3,635,000 | 3,704,000 |
| Debt-to-assets ratio | 0.40 | 0.45 | 0.43 | 0.44 | 0.35 | 0.34 | 0.36 | 0.35 | 0.33 | 0.32 | 0.34 | 0.35 | 0.36 | 0.36 | 0.54 | 0.37 | 0.37 | 0.36 | 0.35 | 0.34 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $4,601,000K ÷ $11,442,000K
= 0.40
The debt-to-assets ratio of Hilton Grand Vacations Inc has shown fluctuations over the past few years, ranging from 0.32 to 0.54. The trend indicates that the company's level of debt in relation to its total assets has varied, with the ratio peaking at 0.54 on June 30, 2021.
Overall, the ratio has generally hovered around the range of 0.32 to 0.45, with some slight increases and decreases observed. Despite the fluctuations, it seems that Hilton Grand Vacations Inc has been able to maintain a relatively stable proportion of debt to assets on its balance sheet.
It is important to note that a lower debt-to-assets ratio typically indicates lower financial risk and greater financial stability for a company, while a higher ratio may suggest a riskier financial position. Investors and creditors often use this ratio to assess a company's leverage and ability to meet its debt obligations.