Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Marriott International Inc., liquidity ratios
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Current ratio | 0.47 | 0.42 | 0.46 | 0.65 | 0.43 | |
| Quick ratio | 0.39 | 0.38 | 0.40 | 0.50 | 0.37 | |
| Cash ratio | 0.03 | 0.05 | 0.06 | 0.17 | 0.03 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Current Ratio
Marriott International Inc., current ratio calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 3,127) | 2,706) | 2,747) | 3,371) | 1,384) | |
| Current liabilities | 6,677) | 6,437) | 6,010) | 5,147) | 3,233) | |
| Liquidity Ratio | ||||||
| Current ratio1 | 0.47 | 0.42 | 0.46 | 0.65 | 0.43 | |
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| Airbnb Inc. | — | — | — | — | — | |
| Booking Holdings Inc. | — | — | — | — | — | |
| Chipotle Mexican Grill Inc. | — | — | — | — | — | |
| DoorDash, Inc. | — | — | — | — | — | |
| McDonald’s Corp. | — | — | — | — | — | |
| Starbucks Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 3,127 ÷ 6,677 = 0.47
2 Click competitor name to see calculations.
Quick Ratio
Marriott International Inc., quick ratio calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and equivalents | 225) | 316) | 383) | 858) | 96) | |
| Accounts and notes receivable, net | 2,395) | 2,133) | 1,991) | 1,695) | 1,103) | |
| Total quick assets | 2,620) | 2,449) | 2,374) | 2,553) | 1,199) | |
| Current liabilities | 6,677) | 6,437) | 6,010) | 5,147) | 3,233) | |
| Liquidity Ratio | ||||||
| Quick ratio1 | 0.39 | 0.38 | 0.40 | 0.50 | 0.37 | |
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| Airbnb Inc. | — | — | — | — | — | |
| Booking Holdings Inc. | — | — | — | — | — | |
| Chipotle Mexican Grill Inc. | — | — | — | — | — | |
| DoorDash, Inc. | — | — | — | — | — | |
| McDonald’s Corp. | — | — | — | — | — | |
| Starbucks Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 2,620 ÷ 6,677 = 0.39
2 Click competitor name to see calculations.
Cash Ratio
Marriott International Inc., cash ratio calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and equivalents | 225) | 316) | 383) | 858) | 96) | |
| Total cash assets | 225) | 316) | 383) | 858) | 96) | |
| Current liabilities | 6,677) | 6,437) | 6,010) | 5,147) | 3,233) | |
| Liquidity Ratio | ||||||
| Cash ratio1 | 0.03 | 0.05 | 0.06 | 0.17 | 0.03 | |
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| Airbnb Inc. | — | — | — | — | — | |
| Booking Holdings Inc. | — | — | — | — | — | |
| Chipotle Mexican Grill Inc. | — | — | — | — | — | |
| DoorDash, Inc. | — | — | — | — | — | |
| McDonald’s Corp. | — | — | — | — | — | |
| Starbucks Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 225 ÷ 6,677 = 0.03
2 Click competitor name to see calculations.