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Hyatt Hotels H Owned and leased hotels — Goodwill impairment losses

Discontinued — last reported Q4 '22

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Other financials

Income statement

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Revenue$1.7B+1.7%
Net income$38.0M+90.0%
EPS (diluted)$0.40+111%

Balance sheet

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Cash & equivalents$594.0M-65.8%
Total debt$5.1B+11.1%
Total equity$3.2B-6.7%
Total assets$13.9B-0.7%

Cash flow

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Operating cash flow$100.0M-34.6%
CapEx$23.0M-23.3%
Free cash flow$77.0M-37.4%

Valuation

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Market cap$19.03B+16.6%
Enterprise value$23.56B+24.7%
P/S2.7×+0.2×

Profitability

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Net margin-0.5%-13.3pp
FCF margin9.8%+2.0pp

Returns & leverage

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Return on equity-1%-24.9pp
Debt / equity1.6×+0.3×
Current ratio0.6×-0.4×

Where this comes from

Reported directly by Hyatt Hotels in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Hyatt Hotels’s 10-K, filed February 23, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hyatt Hotels's owned and leased hotels — goodwill impairment losses?
Hyatt Hotels (H) reported owned and leased hotels — goodwill impairment losses of $1.75M in Q4 2022.
What does owned and leased hotels — goodwill impairment losses mean?
The current period expense recorded when acquired assets lose significant value.
How do you interpret owned and leased hotels — goodwill impairment losses?
An increase signals that the segment's assets are underperforming relative to the price paid at acquisition.
How does owned and leased hotels — goodwill impairment losses compare across companies?
Standard accounting metric for all public companies; high values are a negative signal for management's acquisition strategy.