Hilton Worldwide Holdings Inc (HLT)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	15,401,000	15,200,000	15,297,000	15,211,000	15,512,000	15,508,000	15,382,000	15,459,000	15,441,000	15,314,000	15,090,000	15,974,000	16,755,000	17,129,000	17,126,000	15,788,000	14,957,000	15,067,000	15,140,000	14,853,000
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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 remained relatively stable over the last few quarters, ranging from 0.56 to 0.60. This indicates that the company has been relying on debt to finance a significant portion of its assets, with around 56% to 60% of its assets funded by debt.

A ratio above 0.50 suggests that the company has more debt than assets, which may pose a higher level of financial risk. However, it is important to note that the stability in the ratio indicates that Hilton has been managing its debt levels consistently over the period analyzed.

Investors and lenders typically look at the debt-to-assets ratio to assess a company's leverage and financial health. It is important for Hilton to monitor this ratio closely to ensure it maintains a balance between debt and assets and does not become overly leveraged in the long term.