Wyndham Hotels & Resorts Inc (WH)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,201,000 | 2,160,000 | 2,058,000 | 2,077,000 | 2,077,000 | 2,078,000 | 2,078,000 | 2,079,000 | 2,084,000 | 2,088,000 | 2,092,000 | 2,592,000 | 2,597,000 | 2,835,000 | 2,847,000 | 2,852,000 | 2,122,000 | 2,127,000 | 2,131,000 | 2,136,000 |
| Total assets | US$ in thousands | 4,033,000 | 4,100,000 | 4,056,000 | 4,084,000 | 4,123,000 | 4,210,000 | 4,250,000 | 4,292,000 | 4,269,000 | 4,310,000 | 4,241,000 | 4,640,000 | 4,644,000 | 4,894,000 | 4,848,000 | 5,158,000 | 4,533,000 | 4,630,000 | 4,656,000 | 4,904,000 |
| Debt-to-assets ratio | 0.55 | 0.53 | 0.51 | 0.51 | 0.50 | 0.49 | 0.49 | 0.48 | 0.49 | 0.48 | 0.49 | 0.56 | 0.56 | 0.58 | 0.59 | 0.55 | 0.47 | 0.46 | 0.46 | 0.44 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,201,000K ÷ $4,033,000K
= 0.55
The debt-to-assets ratio for Wyndham Hotels & Resorts Inc has shown a gradually increasing trend over the past eight quarters, from 0.48 in Q1 2022 to 0.55 in Q4 2023. This indicates that the company's level of debt in relation to its total assets has been increasing over time.
The ratios ranging from 0.48 to 0.51 throughout 2022 suggest a relatively stable debt-to-assets position during that period. However, starting from Q3 2022, there has been a more noticeable uptrend in the ratio, reaching 0.55 by Q4 2023.
A debt-to-assets ratio of 0.55 in Q4 2023 means that 55% of Wyndham Hotels & Resorts Inc's assets are financed by debt. While a higher ratio may indicate that the company is relying more on debt to fund its operations and investments, it could also suggest a greater financial risk due to increased leverage.
It is important for investors and stakeholders to monitor this ratio closely in future periods to assess the company's ability to manage its debt levels effectively and maintain a healthy balance between debt and assets.
Peer comparison
Dec 31, 2023