Hilton Worldwide Holdings Inc (HLT)

Current 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 current assets US$ in thousands 2,614,000 2,484,000 2,580,000 2,561,000 2,870,000 2,976,000 2,840,000 2,861,000 2,871,000 2,694,000 2,379,000 3,468,000 4,202,000 4,584,000 4,577,000 3,149,000 2,093,000 2,255,000 2,215,000 1,876,000
Total current liabilities US$ in thousands 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 2,871,000 2,900,000 2,780,000 2,794,000
Current ratio 0.70 0.70 0.75 0.76 0.85 0.88 0.89 0.93 0.95 1.03 0.86 1.40 1.73 1.99 1.98 1.42 0.73 0.78 0.80 0.67

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,614,000K ÷ $3,722,000K
= 0.70

The current ratio for Hilton Worldwide Holdings Inc has shown a decreasing trend over the past eight quarters, starting at 0.93 in Q1 2022 and gradually decreasing to 0.70 in Q4 2023. This indicates that the company's ability to meet its short-term obligations with its current assets has weakened over time.

While a current ratio of 0.70 in Q4 2023 suggests that Hilton may be facing challenges in meeting its short-term liabilities using its current assets, it is important to note that the current ratio is still above 1, which generally indicates that the company has sufficient current assets to cover its current liabilities. However, the downward trend in the current ratio should be monitored closely, as it may signal liquidity issues or inefficiencies in managing short-term assets and liabilities.

Further analysis, such as examining the composition of current assets and liabilities, cash flow from operations, and trend analysis over a longer period, would provide more insight into the financial health and liquidity position of Hilton Worldwide Holdings Inc.


Peer comparison

Dec 31, 2023


See also:

Hilton Worldwide Holdings Inc Current Ratio (Quarterly Data)