Huazhu Group Ltd (HTHT) — Working Capital to Net Assets Ratio
Huazhu Group Ltd (HTHT) has a Working Capital to Net Assets ratio of -23.1% as of September 2025. Working capital of $-2.78 Billion (current assets of $15.52 Billion minus current liabilities of $18.30 Billion) is measured against net assets of $12.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Huazhu Group Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Huazhu Group Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Huazhu Group Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at -23.1%, reflecting working capital of $-2.78 Billion against net assets of $12.02 Billion USD. See HTHT days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Huazhu Group Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Huazhu Group Ltd from 2007 to 2024, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Huazhu Group Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -0.9% | $-106.00 Million | $12.27 Billion | $13.21 Billion | $13.32 Billion | ▲ +42.9 pp |
| 2023 | -43.7% | $-5.36 Billion | $12.25 Billion | $12.06 Billion | $17.41 Billion | ▲ +1.4 pp |
| 2022 | -45.1% | $-3.97 Billion | $8.80 Billion | $9.18 Billion | $13.15 Billion | ▲ +6.8 pp |
| 2021 | -51.8% | $-5.73 Billion | $11.04 Billion | $9.55 Billion | $15.28 Billion | ▼ -72.4 pp |
| 2020 | 20.6% | $2.35 Billion | $11.43 Billion | $12.88 Billion | $10.53 Billion | ▲ +7.7 pp |
| 2019 | 12.9% | $969.00 Million | $7.50 Billion | $18.26 Billion | $17.29 Billion | ▼ -3.0 pp |
| 2018 | 15.9% | $1.00 Billion | $6.32 Billion | $6.97 Billion | $5.97 Billion | ▼ -16.3 pp |
| 2017 | 32.2% | $2.08 Billion | $6.47 Billion | $5.76 Billion | $3.68 Billion | ▲ +9.9 pp |
| 2016 | 22.3% | $1.21 Billion | $5.42 Billion | $4.17 Billion | $2.97 Billion | ▲ +20.2 pp |
| 2015 | 2.1% | $72.84 Million | $3.44 Billion | $2.86 Billion | $2.79 Billion | ▲ +6.0 pp |
| 2014 | -3.9% | $-124.10 Million | $3.22 Billion | $1.60 Billion | $1.72 Billion | ▲ +8.9 pp |
| 2013 | -12.7% | $-360.42 Million | $2.83 Billion | $1.04 Billion | $1.40 Billion | ▼ -6.4 pp |
| 2012 | -6.3% | $-157.74 Million | $2.49 Billion | $996.91 Million | $1.15 Billion | ▼ -23.2 pp |
| 2011 | 16.9% | $380.47 Million | $2.26 Billion | $1.17 Billion | $793.34 Million | ▼ -22.7 pp |
| 2010 | 39.5% | $840.48 Million | $2.13 Billion | $1.41 Billion | $574.34 Million | ▲ +33.9 pp |
| 2009 | 5.7% | $51.07 Million | $902.26 Million | $416.63 Million | $365.55 Million | ▼ -467.7 pp |
| 2008 | 473.4% | $-138.42 Million | $-29.24 Million | $329.92 Million | $468.34 Million | ▲ +428.2 pp |
| 2007 | 45.1% | $47.47 Million | $105.15 Million | $281.89 Million | $234.42 Million | — |