Park Hotels & Resorts
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Park Hotels & Resorts's balance sheet done over the years? Its assets were worth $9,419,000,000 last year, which is less than in the previous period. 60% of Park Hotels & Resorts’s total assets is currently financed by debt. Its liabilities reached the amount of $5,651,000,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2014 | 9714000000 | 7.12B | 73.31% |
|---|---|---|---|
| 2015 | 9787000000 | 6.99B | 71.42% |
| 2016 | 9834000000 | 6.01B | 61.12% |
| 2017 | 9714000000 | 3.75B | 38.62% |
| 2018 | 9363000000 | 3.77B | 40.34% |
| 2019 | 11290000000 | 4.83B | 42.86% |
| 2020 | 10587000000 | 5.74B | 54.26% |
| 2021 | 9743000000 | 5.34B | 54.81% |
| 2022 | 9731000000 | 5.44B | 55.9% |
| 2023 | 9419000000 | 5.65B | 60% |
PK Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 717M | 906M | 688M | 951M | 346M | 410M | 364M | 293M | 72M | 42M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 112M | 129M | 96M | 26M | 180M | 153M | 125M | 130M | 122M | 99M |
Inventory | 701M | 0 | 969M | 1.07B | 764M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 151M | 91M | -859M | -1.00B | -570M | 97M | 100M | 115M | 125M | 1.66B |
Total current assets | 1.68B | 1.12B | 894M | 1.04B | 720M | 660M | 589M | 538M | 319M | 1.80B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 7.65B | 8.51B | 8.72B | 9.42B | 9.84B | 7.97B | 8.31B | 8.54B | 8.67B | 6.91B |
Goodwill | 0 | 0 | 0 | 0 | 607M | 607M | 606M | 604M | 617M | 805M |
Intangible assets | 42M | 43M | 44M | 45M | 46M | 27M | 41M | 44M | 52M | 52M |
Long term investments | 0 | 1M | 15M | 14M | 35M | 50M | 84M | 81M | 104M | 126M |
Other non-current assets | 40M | -9.68B | 60M | 50M | -10M | 2M | 18M | -2.41B | 19M | 14M |
Total non-current assets | 7.73B | 8.60B | 8.84B | 9.54B | 10.57B | 8.70B | 9.12B | 9.29B | 9.46B | 7.90B |
Total assets | 9.41B | 9.73B | 9.74B | 10.58B | 11.29B | 9.36B | 9.71B | 9.83B | 9.78B | 9.71B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | -1M | -56M | -45M | 0 |
Short term debt | 0 | 50M | 78M | 601M | 670M | 0 | 0 | 56M | 0 | 0 |
Total current liabilities | 738M | 411M | 267M | 235M | 376M | 455M | 494M | 468M | 333M | 284M |
| Non-current liabilities: | ||||||||||
Long term debt | 4.65B | 4.80B | 4.89B | 5.36B | 4.13B | 2.94B | 2.96B | 3.01B | 4.05B | 4.24B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 260M | -5.44B | -5.17B | -5.61B | -4.55B | 332M | 447M | 94M | 215M | 176M |
Total non-current liabilities | 4.91B | 5.02B | 5.07B | 5.50B | 4.46B | 3.32B | 3.25B | 5.54B | 6.65B | 6.83B |
Total liabilities | 5.65B | 5.44B | 5.34B | 5.74B | 4.83B | 3.77B | 3.75B | 6.01B | 6.99B | 7.12B |
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