Hilton Worldwide Holdings Inc (HLT)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 148.53 |
The Debt-to-assets ratio for Hilton Worldwide Holdings Inc has remained relatively stable around the range of 0.56 to 0.60 throughout the last eight quarters, indicating that approximately 56% to 60% of the company's assets are financed by debt.
The Debt-to-capital ratio shows a slight increasing trend, rising from 1.09 in Q1 2022 to 1.35 in Q4 2023. This suggests that the proportion of debt in Hilton's capital structure has been increasing over time.
Unfortunately, the data does not provide information on the Debt-to-equity ratio or the Financial leverage ratio, making it difficult to assess Hilton's solvency from these perspectives.
In conclusion, based on the Debt-to-assets and Debt-to-capital ratios, Hilton Worldwide Holdings Inc appears to have a moderate level of debt in its capital structure, which warrants further examination to understand the overall solvency position of the company.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 4.62 | 4.93 | 4.95 | 4.94 | 5.17 | 5.03 | 4.62 | 3.60 | 2.42 | 0.95 | -0.09 | -1.33 | -0.92 | 1.81 | 2.48 | 3.91 | 3.99 | 2.50 | 2.21 | 2.17 |
Hilton Worldwide Holdings Inc's interest coverage ratio has been consistently strong over the past eight quarters, with values ranging from 3.61 to 5.08. The interest coverage ratio measures the company's ability to meet its interest obligations from its operating income.
The company's interest coverage ratio has shown an increasing trend from Q1 2022 to Q2 2023, indicating a higher ability to cover interest expenses with operating income. This upward trend suggests that Hilton's earnings are comfortably covering its interest payments, reflecting a healthy financial position.
Hilton's interest coverage ratio values generally exceed 4, which is considered a good benchmark indicating a strong ability to meet interest payments. The consistency and improvement in the interest coverage ratio demonstrate the company's efficient management of debt and financial stability. Overall, based on the interest coverage ratio data, Hilton Worldwide Holdings Inc appears to have a robust financial position with a solid ability to meet its interest obligations.
See also:
Hilton Worldwide Holdings Inc Solvency Ratios (Quarterly Data)