Wyndham Hotels & Resorts has a Cash Ratio of 0.10. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Wyndham Hotels & Resorts's Cash Ratio or its related term are showing as below:
WH'
s Cash Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.43 Max: 1.94
Current: 0.1
During the past 9 years, Wyndham Hotels & Resorts's highest Cash Ratio was 1.94. The lowest was 0.08. And the median was 0.43.
WH's Cash Ratio is ranked worse than 86.38% of 815
companies
in the Travel & Leisure industry
Industry Median: 0.57
vs WH: 0.10
Wyndham Hotels & Resorts Cash Ratio Historical Data
* 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.
Competitive Comparison of Wyndham Hotels & Resorts's Cash Ratio
For the Lodging subindustry, Wyndham Hotels & Resorts's Cash Ratio, along with its competitors' market caps and Cash 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.
Wyndham Hotels & Resorts's Cash Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Wyndham Hotels & Resorts's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Wyndham Hotels & Resorts's Cash Ratio falls into.
Wyndham Hotels & Resorts Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Wyndham Hotels & Resorts's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Wyndham Hotels & Resorts (NYSE:WH) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Wyndham Hotels & Resorts Cash Ratio Related Terms
Thank you for viewing the detailed overview of Wyndham Hotels & Resorts's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wyndham Hotels & Resorts (Wyndham Hotels & Resorts) Business Description
As of Dec. 31, 2022, Wyndham Hotels & Resorts operates 843,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (14%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents roughly 60% of total rooms. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed.
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