![]() ![]() With current liabilities at US$5.15B, it seems that the business is not able to meet these obligations given the level of current assets of US$3.37B, with a current ratio of 0.65x below the prudent level of 3x. Journal of Revenue and Pricing Management. In MAR’s case, it is able to generate 0.19x cash from its debt capital. The changing landscape of hotel revenue management and the role of the hotel revenue manager. This ratio can also be a sign of operational efficiency as an alternative to return on assets. On top of this, MAR has generated US$1.58B in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 18.60%, meaning that MAR’s current level of operating cash is not high enough to cover debt. With this increase in debt, the current cash and short-term investment levels stands at US$858.00M for investing into the business. Over the past year, MAR has ramped up its debt from US$4.11B to US$8.51B, which comprises of short- and long-term debt. Check out our latest analysis for Marriott International How does MAR’s operating cash flow stack up against its debt? Note that this commentary is very high-level and solely focused on financial health, so I suggest you dig deeper yourself into MAR here. This article will examine Marriott International’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. But, the key to extending previous success is in the health of the company’s financials. Risk-averse investors who are attracted to diversified streams of revenue and strong capital returns tend to seek out these large companies. ![]() Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Marriott International Inc ( NASDAQ:MAR) a safer option. ![]()
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