Wyndham Hotels & Resorts Inc (WH)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 271,000 | 286,000 | 275,000 | 248,000 | 241,000 | 272,000 | 258,000 | 230,000 | 234,000 | 253,000 | 255,000 | 229,000 | 246,000 | 290,000 | 298,000 | 274,000 | 295,000 | 324,000 | 314,000 | 296,000 |
| 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 |
| Quick ratio | 0.80 | 0.78 | 0.72 | 0.57 | 0.67 | 0.81 | 0.68 | 0.94 | 2.19 | 1.35 | 1.69 | 1.70 | 1.05 | 1.30 | 1.11 | 0.98 | 2.28 | 2.78 | 2.85 | 2.52 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($103,000K
+ $—K
+ $271,000K)
÷ $466,000K
= 0.80
The quick ratio of Wyndham Hotels & Resorts Inc has shown some fluctuation over the past few years. From March 31, 2020, to December 31, 2020, the quick ratio remained relatively high, ranging from 2.28 to 2.85, indicating a strong ability to meet short-term obligations using its most liquid assets.
However, starting from March 31, 2021, the quick ratio experienced a significant drop, falling to 0.98 by that date and continuing to decrease through June 30, 2021. This suggests a potential decrease in the company's ability to meet its short-term liabilities with its current quick assets.
Although there was a slight recovery in the quick ratio from March 31, 2022, to December 31, 2022, where it ranged between 1.05 to 2.19, the ratios remained below the levels seen prior to 2021.
Subsequently, the quick ratio continued to display volatility, fluctuating between 0.57 and 0.80 from March 31, 2023, to December 31, 2024. These downward trends may indicate potential liquidity challenges for Wyndham Hotels & Resorts Inc in the short term, and the company might need to closely monitor and manage its liquidity position to ensure its financial stability and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024