Hilton Worldwide Holdings Inc (HLT)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	-2,360,000	-1,102,000	-821,000	-1,490,000	-482,000
Debt-to-equity ratio		—	—	—	—	—

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-2,360,000K
= —

As the provided table lacks specific values for the debt-to-equity ratio for Hilton Worldwide Holdings Inc across the years 2019 to 2023, it is not possible to conduct a direct analysis of the trend or current level of the debt-to-equity ratio.

However, the debt-to-equity ratio is a critical financial metric that indicates the proportion of a company's financing that comes from debt compared to equity. A higher ratio typically suggests higher financial risk, as excessive debt may lead to financial instability or difficulties in meeting obligations. On the other hand, a lower ratio may indicate a more conservative approach to financing and potentially signify a strong financial position.

To gain a comprehensive understanding of Hilton Worldwide Holdings Inc's financial leverage and risk management over the years, it would be essential to obtain the actual debt and equity figures for each year and calculate the debt-to-equity ratio accordingly. By comparing these ratios year-on-year, stakeholders can evaluate the company's evolving capital structure and financial health.