Marriott International Inc (MAR)

Cash ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents US$ in thousands 396,000 338,000 507,000 1,393,000 877,000
Short-term investments US$ in thousands 422,000
Total current liabilities US$ in thousands 8,649,000 7,762,000 7,339,000 6,407,000 5,752,000
Cash ratio 0.05 0.04 0.07 0.22 0.23

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($396,000K + $—K) ÷ $8,649,000K
= 0.05

The cash ratio for Marriott International Inc has shown a declining trend over the past five years, decreasing from 0.23 in December 2020 to 0.05 in December 2024. This indicates that the company's ability to cover its short-term liabilities with its cash and cash equivalents has weakened over the period. A cash ratio of below 1 suggests that Marriott may not have sufficient liquid assets to meet its immediate obligations. The sharp decrease in the cash ratio from 2020 to 2024 raises concerns about the company's liquidity position and highlights the importance of monitoring its cash management strategies in the future.


See also:

Marriott International Inc Cash Ratio