Wyndham Hotels & Resorts Inc (WH)

Debt-to-equity 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
Long-term debt	US$ in thousands	2,463,000	2,487,000	2,427,000	2,241,000	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
Total stockholders’ equity	US$ in thousands	650,000	583,000	623,000	674,000	746,000	856,000	880,000	936,000	962,000	1,056,000	1,096,000	1,159,000	1,089,000	1,123,000	1,060,000	991,000	963,000	963,000	933,000	1,112,000
Debt-to-equity ratio		3.79	4.27	3.90	3.32	2.95	2.52	2.34	2.22	2.16	1.97	1.90	1.79	1.91	1.86	1.97	2.62	2.70	2.94	3.05	2.56

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,463,000K ÷ $650,000K
= 3.79

The debt-to-equity ratio of Wyndham Hotels & Resorts Inc has shown fluctuations over the past few years, indicating varying levels of leverage and financial risk.

From March 2020 to September 2021, the ratio decreased steadily from 2.56 to 1.86, which may suggest the company was decreasing its debt relative to its equity during this period.

However, from December 2021 onwards, the ratio started increasing again, reaching 4.27 by September 2024. This upward trend indicates that Wyndham Hotels & Resorts Inc was taking on more debt compared to equity, which could potentially increase financial risk and interest expenses.

Overall, the increasing trend in the debt-to-equity ratio from December 2021 to September 2024 signals that the company may be relying more on debt financing, which could have implications for its financial stability and solvency in the long run. It would be important for stakeholders to monitor this ratio closely to assess the company's financial health and risk profile.