Hilton Worldwide Holdings Inc (HLT)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,301,000 | 1,580,000 | 731,000 | 1,346,000 | 800,000 | 698,000 | 806,000 | 901,000 | 1,209,000 | 1,282,000 | 1,175,000 | 1,432,000 | 1,427,000 | 1,288,000 | 1,044,000 | 2,402,000 | 3,218,000 | 3,405,000 | 3,503,000 | 1,734,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 4,700,000 | 4,491,000 | 4,226,000 | 3,774,000 | 3,722,000 | 3,561,000 | 3,435,000 | 3,390,000 | 3,372,000 | 3,365,000 | 3,195,000 | 3,085,000 | 3,019,000 | 2,622,000 | 2,779,000 | 2,476,000 | 2,431,000 | 2,299,000 | 2,306,000 | 2,220,000 |
| Cash ratio | 0.28 | 0.35 | 0.17 | 0.36 | 0.21 | 0.20 | 0.23 | 0.27 | 0.36 | 0.38 | 0.37 | 0.46 | 0.47 | 0.49 | 0.38 | 0.97 | 1.32 | 1.48 | 1.52 | 0.78 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,301,000K
+ $—K)
÷ $4,700,000K
= 0.28
The cash ratio of Hilton Worldwide Holdings Inc has shown fluctuations over the reported periods, ranging from 0.17 to 1.52. A cash ratio below 1 indicates that the company may not have enough liquid assets to cover its current liabilities.
Based on the data provided, the cash ratio peaked at 1.52 on June 30, 2020, which suggests the company had $1.52 in cash and cash equivalents for every $1 of its current liabilities at that time. However, the ratio gradually declined in the subsequent periods, hitting a low of 0.17 on June 30, 2024. This decrease could indicate potential liquidity challenges or cash flow constraints for Hilton during that period.
Overall, the downward trend in the cash ratio from 2020 to 2024 highlights fluctuations in Hilton's ability to meet its short-term obligations with its available cash reserves. It is important for the company to maintain a healthy cash ratio to ensure financial stability and meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024