Marriott International Inc (MAR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 26,182,000 | 25,674,000 | 24,815,000 | 25,553,000 | 24,701,000 |
| Total stockholders’ equity | US$ in thousands | -2,992,000 | -682,000 | 568,000 | 1,414,000 | 430,000 |
| Financial leverage ratio | — | — | 43.69 | 18.07 | 57.44 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $26,182,000K ÷ $-2,992,000K
= —
The financial leverage ratio measures the extent to which a company relies on debt to finance its operations. In the case of Marriott International Inc, the financial leverage ratio has shown fluctuations over the years. As of December 31, 2020, the ratio was relatively high at 57.44, indicating a significant reliance on debt. However, by December 31, 2021, the ratio decreased to 18.07, suggesting a reduction in the company's debt levels and potentially lower financial risk.
The ratio then increased to 43.69 as of December 31, 2022, signaling a partial reversal of the deleveraging trend observed in the previous year. Unfortunately, data for December 31, 2023, and December 31, 2024 are not available, making it challenging to assess the company's financial leverage position in those periods.
Overall, the trend in Marriott International Inc's financial leverage ratio indicates a mix of leveraging and deleveraging actions, which could have been influenced by various factors such as business strategy, market conditions, and economic environment. It would be important to monitor future developments in the company's financial leverage to understand its debt management strategy and assess potential risks associated with its capital structure.
Peer comparison
Dec 31, 2024