Market Cap : 37.58 B | Enterprise Value : 46.02 B | PE Ratio : 39.71 | PB Ratio : |
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The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Hilton Worldwide Holdings's quick ratio for the quarter that ended in Jun. 2022 was 0.89.
Hilton Worldwide Holdings has a quick ratio of 0.89. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Hilton Worldwide Holdings's Quick Ratio or its related term are showing as below:
During the past 12 years, Hilton Worldwide Holdings's highest Quick Ratio was 1.99. The lowest was 0.67. And the median was 0.93.
HLT's Quick Ratio is ranked worse thanThe historical data trend for Hilton Worldwide Holdings's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Lodging subindustry, Hilton Worldwide Holdings's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Travel & Leisure industry and Consumer Cyclical sector, Hilton Worldwide Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hilton Worldwide Holdings's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Hilton Worldwide Holdings's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Quick Ratio (A: Dec. 2021 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (2871 | - | 0) | / | 3019 | |
= | 0.95 |
Hilton Worldwide Holdings's Quick Ratio for the quarter that ended in Jun. 2022 is calculated as
Quick Ratio (Q: Jun. 2022 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (2840 | - | 0) | / | 3195 | |
= | 0.89 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Thank you for viewing the detailed overview of Hilton Worldwide Holdings's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Fuentes Laura | officer: See Remarks | 7930 JONES BRANCH DRIVE MCLEAN VA 22102 |
Carr Chris | director | 7930 JONES BRANCH DRIVE MCLEAN VA 22102 |
Rinck Martin | officer: See Remarks | 7930 JONES BRANCH DRIVE MCLEAN VA 22102 |
Zhang Ling | director | C/O HILTON WORLDWIDE HOLDINGS INC. 7930 JONES BRANCH DRIVE MCLEAN VA 22102 |
Mabus Raymond E | director | C/O DANA INCORPORATED 3939 TECHNOLOGY DRIVE MAUMEE OH 43537 |
Healey Melanie | director | VERIZON COMMUNICATIONS INC. 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Witter Jonathan W. | officer: See Remarks | 1680 CAPITAL ONE DRIVE MCLEAN VA 22102 |
Begley Charlene T | director | |
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Hna Hlt Holdco Iii Ltd | 10 percent owner | THE CENTER 99 QUEEN?S ROAD CENTRAL CENTRAL K3 999077 |
Hna Hlt Holdco I Llc | 10 percent owner | THE CORPORATION TRUST COMPANY 1209 ORANGE STREET WILMINGTON DE 19801 |
Blackstone Real Estate Holdings International Ii-q L.p. | 10 percent owner | C/O THE BLACKSTONE GROUP L.P. 345 PARK AVENUE NEW YORK NY 10154 |
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