An in-depth Liquidity for 2016 on Hilton Hotels financial analysis needs to be performed on the below. HERE IS THE FULL REPORT: http://www.annualreports.com/HostedData/AnnualReportArchive/h/NYSE_HLT_2016.pdf
Provide in-depth analysis.
What brands are meeting their short terms obligations?
What is the current ratio?
What is the acid-test ratio?
Year Ended December 31 in millions, except per share data) 2016 2015 2014 S 4,126 4,233 4,239 1,401 1,171 6,811 3,691 1,272 10,502 Owned and leased hotels Management and franchise fees and other Timeshare 1,701 1,390 7,217 4,446 11,663 1.601 1,308 7.142 4,130 Other revenues from managed and franchised properties Total revenues 3,100 948 686 15 616 5,365 4,446 9,811 Owned and leased hotels Timeshare Depreciation and amortization 3,168 897 628 611 5,377 4,130 9,507 306 491 5,138 3,691 8,829 General, administrative and other Other s from managed and franchised properties Total expenses Gain on sales of assets, net 1,861 12 1,673 10 (618) 19 26 37 1,147 Operating income Interest income Interest expense Equity in earnings from unconsolidated affiliates Gain (loss) on foreign currency transactions Other gain (loss), net 2,071 19 (575) 23 (13) (26) 1,255 891 1,496 1,416 $348 1,404 S 1.06 4.27 Income before income taxes Income tax ex Net income Net income attributable to noncontrolling interests Net Income attributable to Hilton stockholders Earnings per share 682 673 Basic Diluted Cash dividends declared per share 2.05 2.05 S 1.05 4.26 0.84 0.42S tWeighted average shares outstanding used in the computation of basic and diluted earnings per share and cash dividends declared per share were adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3 2017 See notes to consolidated financial statements Year Ended December 31 in millions, except per share data) 2016 2015 2014 S 4,126 4,233 4,239 1,401 1,171 6,811 3,691 1,272 10,502 Owned and leased hotels Management and franchise fees and other Timeshare 1,701 1,390 7,217 4,446 11,663 1.601 1,308 7.142 4,130 Other revenues from managed and franchised properties Total revenues 3,100 948 686 15 616 5,365 4,446 9,811 Owned and leased hotels Timeshare Depreciation and amortization 3,168 897 628 611 5,377 4,130 9,507 306 491 5,138 3,691 8,829 General, administrative and other Other s from managed and franchised properties Total expenses Gain on sales of assets, net 1,861 12 1,673 10 (618) 19 26 37 1,147 Operating income Interest income Interest expense Equity in earnings from unconsolidated affiliates Gain (loss) on foreign currency transactions Other gain (loss), net 2,071 19 (575) 23 (13) (26) 1,255 891 1,496 1,416 $348 1,404 S 1.06 4.27 Income before income taxes Income tax ex Net income Net income attributable to noncontrolling interests Net Income attributable to Hilton stockholders Earnings per share 682 673 Basic Diluted Cash dividends declared per share 2.05 2.05 S 1.05 4.26 0.84 0.42S tWeighted average shares outstanding used in the computation of basic and diluted earnings per share and cash dividends declared per share were adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3 2017 See notes to consolidated financial statements
