Hilton Grand Vacations Inc (HGV)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 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 | 3,079,000 | 3,038,000 | 2,989,000 | 2,961,000 |
| Total stockholders’ equity | US$ in thousands | 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 | 570,000 | 494,000 | 450,000 | 575,000 |
| Financial leverage ratio | 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 | 5.40 | 6.15 | 6.64 | 5.15 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,685,000K ÷ $2,115,000K
= 4.11
The financial leverage ratio of Hilton Grand Vacations Inc has shown some fluctuations over the past eight quarters. In Q4 2023, the ratio reached 4.11, indicating that the company's level of debt relative to its equity was relatively high. This was an increase compared to the previous quarter (Q3 2023), where the ratio was 3.73.
Looking further back, the ratio was 3.87 in Q2 2023 and 3.98 in Q1 2023, both showing a slight upward trend in leverage. The ratio in Q4 2022 was 3.72, indicating a lower level of leverage compared to Q4 2023.
Overall, the financial leverage ratio of Hilton Grand Vacations Inc has seen some fluctuations within the range of 3.72 to 4.11 over the past eight quarters. Investors and stakeholders may want to closely monitor the company’s debt levels and its ability to manage and service its debt obligations effectively.