Hilton Worldwide Holdings Inc (HLT)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 1,583,000 | 1,597,000 | 1,578,000 | 1,467,000 | 1,487,000 | 1,396,000 | 1,402,000 | 1,298,000 | 1,327,000 | 1,278,000 | 1,289,000 | 1,054,000 | 1,068,000 | 1,012,000 | 952,000 | 797,000 | 771,000 | 890,000 | 827,000 | 1,111,000 |
| 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 |
| Quick ratio | 0.61 | 0.71 | 0.55 | 0.75 | 0.61 | 0.59 | 0.64 | 0.65 | 0.75 | 0.76 | 0.77 | 0.81 | 0.83 | 0.88 | 0.72 | 1.29 | 1.64 | 1.87 | 1.88 | 1.28 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,301,000K
+ $—K
+ $1,583,000K)
÷ $4,700,000K
= 0.61
The quick ratio of Hilton Worldwide Holdings Inc has shown fluctuating trends over the years, with values ranging from 0.55 to 1.88. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets.
The quick ratio was relatively strong in the middle of 2020, reaching a peak of 1.88 in June, indicating the company had $1.88 of liquid assets available for every dollar of current liabilities. This was likely due to effective management of its liquidity position during that period.
However, the quick ratio experienced a decline in the following quarters, reaching a low of 0.59 in September 2023, which may suggest potential liquidity challenges for the company during that period.
Overall, the quick ratio of Hilton Worldwide Holdings Inc has displayed volatility, indicating fluctuations in the company's ability to quickly cover its short-term obligations with its readily available assets. It would be essential for the company to closely monitor and manage its liquidity position to ensure its financial stability and meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024