Wyndham Hotels & Resorts Inc (WH)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 103,000 | 72,000 | 70,000 | 50,000 | 66,000 | 79,000 | 63,000 | 150,000 | 161,000 | 286,000 | 400,000 | 416,000 | 171,000 | 193,000 | 103,000 | 531,000 | 493,000 | 735,000 | 664,000 | 749,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | 496,000 | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 466,000 | 459,000 | 481,000 | 522,000 | 459,000 | 434,000 | 469,000 | 405,000 | 406,000 | 400,000 | 387,000 | 380,000 | 397,000 | 371,000 | 361,000 | 824,000 | 346,000 | 381,000 | 343,000 | 415,000 |
| Cash ratio | 0.22 | 0.16 | 0.15 | 0.10 | 0.14 | 0.18 | 0.13 | 0.37 | 1.62 | 0.72 | 1.03 | 1.09 | 0.43 | 0.52 | 0.29 | 0.64 | 1.42 | 1.93 | 1.94 | 1.80 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($103,000K
+ $—K)
÷ $466,000K
= 0.22
Wyndham Hotels & Resorts Inc's cash ratio has shown fluctuations over the past few years. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger ability to meet short-term obligations.
In the recent quarters, the cash ratio decreased significantly from March 31, 2021, to June 30, 2021, reaching a low point of 0.29. This could suggest that the company faced challenges in maintaining sufficient cash reserves to cover its short-term obligations during this period.
However, the cash ratio improved gradually in the following quarters, reaching a peak of 1.94 on June 30, 2020. This indicates that the company was able to strengthen its liquidity position and increase its ability to meet short-term liabilities.
Overall, fluctuations in Wyndham Hotels & Resorts Inc's cash ratio show the company's varying levels of liquidity over time. Investors and stakeholders should carefully monitor these trends to assess the company's ability to manage its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024