Wyndham Hotels & Resorts Inc (WH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,463,000 | 2,201,000 | 2,077,000 | 2,084,000 | 2,597,000 |
| Total assets | US$ in thousands | 4,223,000 | 4,033,000 | 4,123,000 | 4,269,000 | 4,644,000 |
| Debt-to-assets ratio | 0.58 | 0.55 | 0.50 | 0.49 | 0.56 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,463,000K ÷ $4,223,000K
= 0.58
The debt-to-assets ratio for Wyndham Hotels & Resorts Inc has shown some fluctuations over the past five years. As of December 31, 2020, the ratio was 0.56, indicating that 56% of the company's assets were financed through debt. The ratio slightly decreased to 0.49 by December 31, 2021, which could suggest a reduction in the company's reliance on debt financing.
Subsequently, the ratio increased to 0.50 by December 31, 2022, before rising further to 0.55 by December 31, 2023. This upward trend may indicate a potential increase in the company's debt levels in relation to its total assets during these periods.
By December 31, 2024, the debt-to-assets ratio reached 0.58, implying that 58% of the company's assets were funded by debt. This increase in the ratio compared to the previous year may raise concerns about the company's debt management and financial leverage.
Overall, fluctuations in Wyndham Hotels & Resorts Inc's debt-to-assets ratio suggest varying levels of debt utilization to finance its assets over the years, which can have implications for the company's financial risk and solvency position.
Peer comparison
Dec 31, 2024