Hilton Worldwide Holdings Inc (HLT)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 15,401,000 | 15,512,000 | 15,441,000 | 16,755,000 | 14,957,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $15,401,000K
= 0.00
The debt-to-assets ratio of Hilton Worldwide Holdings Inc has shown fluctuations over the past five years. The ratio stood at 0.60 as of December 31, 2023, indicating that 60% of the company's assets are financed through debt. This represents an increase compared to the previous year, where the ratio was 0.56.
Looking back at the trend, the ratio was 0.57 in 2021, increased to 0.63 in 2020, and was at its lowest at 0.53 in 2019. The peak in 2020 suggests a higher dependency on debt to finance assets, while the decrease in 2019 indicates a relatively lower reliance on debt.
Overall, Hilton Worldwide Holdings Inc has maintained a moderate level of debt relative to its assets in recent years, with fluctuations reflecting changes in the company's financing strategies and capital structure. It is essential for investors and stakeholders to monitor this ratio to assess the company's financial risk and leverage position.
Peer comparison
Dec 31, 2023