Hilton Grand Vacations Inc (HGV)
Financial leverage 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 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 |
| Total stockholders’ equity | US$ in thousands | 1,752,000 | 1,845,000 | 1,918,000 | 2,004,000 | 2,115,000 | 2,148,000 | 2,105,000 | 2,132,000 | 2,151,000 | 2,157,000 | 2,077,000 | 2,065,000 | 1,988,000 | 1,894,000 | 396,000 | 369,000 | 374,000 | 522,000 | 523,000 | 563,000 |
| Financial leverage ratio | 6.53 | 6.05 | 5.98 | 5.82 | 4.11 | 3.73 | 3.87 | 3.98 | 3.72 | 3.73 | 3.92 | 4.09 | 4.03 | 4.28 | 11.38 | 8.44 | 8.38 | 6.79 | 6.95 | 6.58 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,442,000K ÷ $1,752,000K
= 6.53
Hilton Grand Vacations Inc's financial leverage ratio has shown fluctuations over the past few years. The ratio stood at 6.58 as of March 31, 2020, indicating moderate financial leverage. However, it increased to 11.38 as of June 30, 2021, which suggests a significant increase in financial leverage during that period.
Subsequently, the financial leverage ratio decreased steadily, reaching 3.72 as of December 31, 2022. This downward trend continued until September 30, 2023, where the ratio hit a low of 3.73. However, by December 31, 2023, the ratio increased to 4.11, showing a slight uptick in leverage.
As of December 31, 2024, the financial leverage ratio for Hilton Grand Vacations Inc stood at 6.53, indicating a moderate level of financial leverage compared to the lows seen earlier in 2023. Overall, the company's financial leverage ratio has shown variability over the years, with both peaks and troughs, reflecting changes in the company's capital structure and debt levels.