Wyndham Hotels & Resorts Inc (WH)
Current ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 373,000 | 466,000 | 468,000 | 515,000 | 545,000 | 640,000 | 754,000 | 810,000 | 720,000 | 593,000 | 516,000 | 911,000 | 900,000 | 1,140,000 | 1,078,000 | 1,147,000 | 499,000 | 586,000 | 596,000 | 778,000 |
| Total current liabilities | US$ in thousands | 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 | 462,000 | 514,000 | 481,000 | 663,000 |
| Current ratio | 0.81 | 1.07 | 1.00 | 1.27 | 1.34 | 1.60 | 1.95 | 2.13 | 1.81 | 1.60 | 1.43 | 1.11 | 2.60 | 2.99 | 3.14 | 2.76 | 1.08 | 1.14 | 1.24 | 1.17 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $373,000K ÷ $459,000K
= 0.81
The current ratio of Wyndham Hotels & Resorts Inc has shown a declining trend over the past quarters, starting at 2.13 in Q1 2022 and decreasing to 0.81 in Q4 2023. This indicates a weakening liquidity position, as the current assets may not be sufficient to cover the current liabilities.
A current ratio below 1 suggests that the company may have difficulty meeting its short-term obligations with its current assets alone. However, it is important to consider the industry norms and the company's specific circumstances before drawing any definitive conclusions.
Overall, the decreasing trend of Wyndham Hotels & Resorts Inc's current ratio raises concerns about its short-term liquidity and ability to meet its immediate financial obligations. Further analysis of the company's current assets and liabilities is recommended to gain a deeper understanding of its financial health.
Peer comparison
Dec 31, 2023