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Hyatt Hotels (Hyatt Hotels) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


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What is Hyatt Hotels Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hyatt Hotels's annualized net income for the quarter that ended in Dec. 2023 was $104 Mil. Hyatt Hotels's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-1,328 Mil. Therefore, Hyatt Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was Negative Tangible Equity%.

The historical rank and industry rank for Hyatt Hotels's Return-on-Tangible-Equity or its related term are showing as below:

H' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.31   Med: 7.49   Max: 25.71
Current: Negative Tangible Equity

During the past 13 years, Hyatt Hotels's highest Return-on-Tangible-Equity was 25.71%. The lowest was -38.31%. And the median was 7.49%.

H's Return-on-Tangible-Equity is ranked better than
99.87% of 751 companies
in the Travel & Leisure industry
Industry Median: 8.44 vs H: Negative Tangible Equity

Hyatt Hotels Return-on-Tangible-Equity Historical Data

The historical data trend for Hyatt Hotels's Return-on-Tangible-Equity 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.

* Premium members only.

Hyatt Hotels Return-on-Tangible-Equity Chart

Hyatt Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.71 -24.51 -38.31 Negative Tangible Equity Negative Tangible Equity

Hyatt Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Hyatt Hotels's Return-on-Tangible-Equity

For the Lodging subindustry, Hyatt Hotels's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Hyatt Hotels's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hyatt Hotels's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hyatt Hotels's Return-on-Tangible-Equity falls into.



Hyatt Hotels Return-on-Tangible-Equity Calculation

Hyatt Hotels's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=220/( (-1070+-1311 )/ 2 )
=220/-1190.5
=Negative Tangible Equity %

Hyatt Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=104/( (-1344+-1311)/ 2 )
=104/-1327.5
=Negative Tangible Equity %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hyatt Hotels  (NYSE:H) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Hyatt Hotels Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Hyatt Hotels's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hyatt Hotels (Hyatt Hotels) Business Description

Traded in Other Exchanges
Address
150 North Riverside Plaza, 8th Floor, Chicago, IL, USA, 60606
Hyatt is an operator of owned (4% of total rooms) and managed and franchise (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 55% Americas, 19% Asia-Pacific, and 26% rest of world.
Executives
Jnp Parachute Mirror Trust L other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Jnp Parachute Mirror Trust K other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Jnp 2010-pg Trust other: See Remarks 104 SOUTH MICHIGAN AVENUE, SUITE 900, CHICAGO IL 60603-5906
Joan Bottarini officer: See Remarks 150 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Peter Sears officer: See Remarks 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
David Udell officer: See Remarks 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Malaika Myers officer: See Remarks 71 SOUTH WACKER DRIVE, CHICAGO IL 60606
Mark R Vondrasek officer: See Remarks C/O AFFINION GROUP HOLDINGS, INC., 6 HIGH RIDGE PARK, STAMFORD CT 06905
Jspv 2010 Lasalle Mirror Trust #56 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Tspv 2010 Lasalle Mirror Trust #60 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Acps 2010 Lasalle Mirror Trust #19 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Djps 2010 Lasalle Mirror Trust #46 other: See Remarks 3555 TIMMONS LANE, SUITE 800, HOUSTON TX 77027
Richard C Tuttle director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Michael A Rocca director C/O LIGAND PHARMACEUTICALS INCORPORATED, 10275 SCIENCE CENTER DRIVE, SAN DIEGO CA 92121
Susan D Kronick director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202