H World Group Limited (HTHT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 17.73B | 17.45B | 15.52B | 15.67B | 13.06B | 13.21B | 10.88B | 11.47B | 10.5B | 12.06B | 10.8B | 10.56B | 12.57B | 9.18B | 9.56B | 9.46B | 8.52B | 9.55B | 10.13B | 10.77B |
| Cash & Short-Term Investments | 15.75B | 15.44B | 13.16B | 12.45B | 10.87B | 11.08B | 7.98B | 8.91B | 7.57B | 9.13B | 7.86B | 8.06B | 9.06B | 5.37B | 7.09B | 6.57B | 6.41B | 7.71B | 8.29B | 8.93B |
| Cash Only | 12.45B | 10.54B | 7.1B | 10.14B | 8.18B | 7.47B | 7.25B | 7.8B | 5.91B | 6.95B | 5.77B | 7.32B | 8.96B | 3.58B | 5.18B | 4.64B | 4.13B | 5.12B | 5.38B | 6.2B |
| Short-Term Investments | 3.3B | 4.9B | 6.05B | 2.31B | 2.68B | 3.6B | 735M | 1.11B | 1.66B | 2.19B | 2.09B | 749M | 96M | 1.79B | 1.92B | 1.93B | 2.28B | 2.59B | 2.91B | 2.73B |
| Accounts Receivable | 1.1B | 1.08B | 1.35B | 1.2B | 1.26B | 1.23B | 1.29B | 840M | 812M | 755M | 1.1B | 933M | 936M | 1.11B | 1.41B | 1.33B | 878M | 521M | 671M | 601M |
| Days Sales Outstanding | 16.48 | 17.4 | 16.89 | 17.48 | 20.79 | 19.22 | 15.2 | 12.23 | 13.51 | 15.3 | 14.89 | 15.38 | 20.58 | 31.29 | 30.81 | 29.75 | 23.48 | 16.38 | 16.61 | 15.09 |
| Inventory | 51.81M | 57.04M | 61M | 62M | 58M | 60M | 63M | 61M | 56M | 59M | 65M | 65M | 63M | 70M | 83M | 88M | 84M | 88M | 85M | 82M |
| Days Inventory Outstanding | 1.34 | 1.4 | 1.39 | 1.46 | 1.47 | 1.46 | 1.5 | 1.43 | 1.47 | 1.43 | 1.66 | 1.67 | 1.84 | 2.05 | 2.58 | 2.63 | 2.75 | 2.49 | 2.66 | 2.79 |
| Other Current Assets | 830.88M | 870.55M | 952M | 1.95B | 874M | 850M | 1.55B | 1.65B | 2.06B | 2.11B | 1.77B | 1.5B | 2.52B | 2.62B | 980M | 1.47B | 1.15B | 1.24B | 1.08B | 1.16B |
| Total Non-Current Assets | 46.19B | 47.37B | 48.03B | 49.11B | 48.5B | 49.34B | 51.16B | 50.98B | 50.95B | 51.48B | 51.96B | 52.55B | 52.4B | 52.33B | 51.82B | 52.36B | 53.35B | 53.72B | 53.75B | 53.84B |
| Property, Plant & Equipment | 31.74B | 32.63B | 33.03B | 33.09B | 32.77B | 32.95B | 33.97B | 33.75B | 33.6B | 33.93B | 36.55B | 37.45B | 37.84B | 37.8B | 37.79B | 38.24B | 38.96B | 39.23B | 38.96B | 38.68B |
| Fixed Asset Turnover | 0.19x | 0.20x | 0.21x | 0.20x | 0.16x | 0.18x | 0.19x | 0.18x | 0.16x | 0.16x | 0.17x | 0.15x | 0.12x | 0.10x | 0.11x | 0.09x | 0.07x | 0.09x | 0.09x | 0.09x |
| Goodwill | 5.32B | 5.43B | 5.46B | 5.48B | 5.3B | 5.22B | 5.31B | 5.26B | 5.26B | 5.32B | 5.24B | 5.33B | 5.22B | 5.2B | 5.07B | 5.07B | 5.09B | 5.13B | 5.22B | 5.27B |
| Intangible Assets | 4.88B | 5.03B | 5.24B | 5.28B | 5.05B | 4.95B | 5.48B | 5.35B | 5.37B | 5.46B | 5.51B | 5.67B | 5.5B | 5.48B | 5.44B | 5.46B | 5.51B | 5.59B | 5.96B | 6.11B |
| Long-Term Investments | 1.52B | 1.54B | 1.42B | 2.3B | 2.34B | 2.32B | 2.43B | 2.5B | 2.55B | 2.56B | 2.72B | 2.2B | 1.93B | 1.95B | 1.86B | 1.89B | 1.96B | 1.97B | 2.06B | 2.06B |
| Other Non-Current Assets | 1.57B | 1.58B | 1.82B | 1.9B | 1.98B | 2.85B | 2.94B | 4.13B | 3.12B | 3.16B | 868M | 814M | 825M | 818M | 817M | 859M | 984M | 933M | 941M | 961M |
| Total Assets | 63.92B | 64.82B | 63.55B | 64.78B | 61.56B | 62.55B | 62.04B | 62.45B | 61.44B | 63.53B | 62.76B | 63.11B | 64.97B | 61.51B | 61.39B | 61.82B | 61.87B | 63.27B | 63.87B | 64.6B |
| Asset Turnover | 0.09x | 0.10x | 0.11x | 0.10x | 0.09x | 0.10x | 0.10x | 0.10x | 0.08x | 0.09x | 0.10x | 0.09x | 0.07x | 0.06x | 0.07x | 0.05x | 0.04x | 0.05x | 0.05x | 0.06x |
| Asset Growth % | 3.84% | 3.62% | 2.44% | 3.73% | 0.19% | -1.54% | -1.15% | -1.05% | -5.43% | 3.29% | 2.24% | 2.09% | 5.01% | -2.78% | -3.89% | -4.3% | -0.54% | -3.84% | -2.83% | 5.31% |
| Total Current Liabilities | 19B | 19.14B | 18.3B | 19.38B | 14.86B | 13.32B | 12.41B | 11.86B | 15.05B | 17.41B | 14.81B | 15.74B | 13.43B | 13.15B | 13.73B | 15.55B | 15.33B | 15.28B | 9.37B | 10.01B |
| Accounts Payable | 958.41M | 1.02B | 915M | 841M | 838M | 983M | 1.03B | 865M | 900M | 1.02B | 937M | 935M | 915M | 1.17B | 810M | 862M | 723M | 968M | 909M | 975M |
| Days Payables Outstanding | 24.4 | 23.03 | 19.89 | 20.36 | 22.74 | 23.79 | 22.9 | 21.52 | 24.49 | 22.52 | 23.83 | 24.17 | 28.88 | 26.57 | 25.26 | 24.27 | 27.05 | 27.03 | 30.04 | 31.16 |
| Short-Term Debt | 7.25B | 8.88B | 5.96B | 6.63B | 849M | 880M | 892M | 315M | 4.1B | 4.05B | 4.23B | 4.76B | 2.87B | 3.29B | 5.14B | 6.71B | 6.56B | 6.23B | 661M | 666M |
| Deferred Revenue (Current) | 1.84B | 1.82B | 1.87B | 1.89B | 1.86B | 1.82B | 1.81B | 0 | 1.67B | 1.64B | 1.55B | 1.41B | 1.4B | 1.31B | 1.28B | 1.28B | 1.29B | 1.37B | 1.34B | 1.36B |
| Other Current Liabilities | 7.36B | 5.03B | 0 | 0 | 0 | 887M | 0 | 5.49B | 1.39B | 6.42B | 1.54B | 1.42B | 1.01B | 2.96B | 2.21B | 705M | 1.1B | 2.58B | 723M | 1.3B |
| Current Ratio | 0.93x | 0.91x | 0.85x | 0.81x | 0.88x | 0.99x | 0.88x | 0.97x | 0.70x | 0.69x | 0.73x | 0.67x | 0.94x | 0.70x | 0.70x | 0.61x | 0.56x | 0.63x | 1.08x | 1.08x |
| Quick Ratio | 0.93x | 0.91x | 0.84x | 0.81x | 0.88x | 0.99x | 0.87x | 0.96x | 0.69x | 0.69x | 0.72x | 0.67x | 0.93x | 0.69x | 0.69x | 0.60x | 0.55x | 0.62x | 1.07x | 1.07x |
| Cash Conversion Cycle | -6.58 | -4.22 | -1.6 | -1.42 | -0.47 | -3.12 | -6.2 | -7.87 | -9.52 | -5.79 | -7.29 | -7.12 | -6.46 | 6.78 | 8.13 | 8.11 | -0.82 | -8.16 | -10.77 | -13.28 |
| Total Non-Current Liabilities | 33.86B | 32.71B | 33.23B | 33.1B | 36.08B | 36.96B | 37.41B | 37.88B | 34B | 33.87B | 33.48B | 34.27B | 39.71B | 39.56B | 38.89B | 36.84B | 36.74B | 36.95B | 43.04B | 43B |
| Long-Term Debt | 2.43B | 479.31M | 722M | 777M | 4.42B | 4.55B | 4.5B | 5.22B | 1.65B | 1.26B | 975M | 1.06B | 6.52B | 6.63B | 6.09B | 3.7B | 3.55B | 3.38B | 9.94B | 10B |
| Capital Lease Obligations | 25.95B | 26.73B | 27.06B | 26.93B | 26.42B | 26.48B | 27.13B | 26.92B | 26.71B | 26.91B | 29.41B | 30.22B | 30.35B | 30.15B | 30.07B | 30.47B | 30.5B | 30.88B | 30.35B | 30.13B |
| Deferred Tax Liabilities | 1.16B | 1.19B | 950M | 961M | 934M | 919M | 817M | 818M | 838M | 845M | 840M | 868M | 849M | 858M | 798M | 806M | 824M | 853M | 975M | 1.16B |
| Other Non-Current Liabilities | 2.69B | 2.71B | 2.93B | 2.96B | 2.88B | 3.67B | 3.69B | 3.73B | 3.68B | 3.78B | 1.22B | 1.17B | 1.11B | 1.09B | 1.1B | 1.08B | 1.08B | 1.05B | 1.03B | 1B |
| Total Liabilities | 52.86B | 51.85B | 51.53B | 52.49B | 50.94B | 50.28B | 49.82B | 49.73B | 49.05B | 51.28B | 48.29B | 50.01B | 53.14B | 52.7B | 52.62B | 52.38B | 52.06B | 52.23B | 52.41B | 53B |
| Total Debt | 35.63B | 36.09B | 37.16B | 37.77B | 35.12B | 35.45B | 36.05B | 36.03B | 36.09B | 35.88B | 38.37B | 39.93B | 43.59B | 43.89B | 45.09B | 44.59B | 44.38B | 44.16B | 44.56B | 44.34B |
| Net Debt | 23.17B | 25.55B | 30.06B | 27.62B | 26.94B | 27.97B | 28.8B | 28.23B | 30.18B | 28.93B | 32.6B | 32.62B | 34.63B | 40.3B | 39.91B | 39.95B | 40.26B | 39.05B | 39.17B | 38.14B |
| Debt / Equity | 3.22x | 2.78x | 3.09x | 3.07x | 3.31x | 2.89x | 2.95x | 2.83x | 2.91x | 2.93x | 2.65x | 3.05x | 3.68x | 4.99x | 5.14x | 4.72x | 4.53x | 4.00x | 3.89x | 3.82x |
| Debt / EBITDA | 20.06x | 18.59x | 15.70x | 17.95x | 25.07x | 28.98x | 17.57x | 18.87x | 26.78x | 33.60x | 16.93x | 22.90x | 41.56x | 159.01x | 51.82x | 116.72x | - | 92.97x | 97.93x | 44.08x |
| Net Debt / EBITDA | 13.05x | 13.16x | 12.70x | 13.13x | 19.23x | 22.87x | 14.04x | 14.79x | 22.39x | 27.09x | 14.38x | 18.70x | 33.01x | 146.03x | 45.87x | 104.57x | - | 82.20x | 86.09x | 37.91x |
| Interest Coverage | 19.67x | 19.53x | 25.65x | 24.38x | 18.23x | 10.36x | 22.58x | 18.77x | 12.53x | 14.57x | 21.62x | 15.43x | 10.30x | 1.62x | -1.75x | -6.51x | -5.85x | -3.41x | -0.50x | 6.00x |
| Total Equity | 11.06B | 12.97B | 12.02B | 12.29B | 10.62B | 12.27B | 12.22B | 12.72B | 12.4B | 12.25B | 14.47B | 13.1B | 11.83B | 8.8B | 8.76B | 9.44B | 9.81B | 11.04B | 11.46B | 11.6B |
| Equity Growth % | 4.12% | 5.67% | -1.58% | -3.33% | -14.32% | 0.18% | -15.6% | -2.94% | 4.8% | 39.15% | 65.17% | 38.84% | 20.64% | -20.29% | -23.56% | -18.63% | -12.01% | -3.39% | 15.3% | 141.3% |
| Book Value per Share | 33.81 | 39.81 | 37.00 | 38.03 | 32.86 | 39.29 | 37.50 | 38.49 | 39.08 | 38.07 | 43.13 | 39.06 | 35.38 | 28.31 | 28.20 | 30.36 | 31.44 | 35.42 | 36.80 | 35.42 |
| Total Shareholders' Equity | 10.91B | 12.81B | 11.88B | 12.15B | 10.49B | 12.18B | 12.13B | 12.58B | 12.28B | 12.13B | 14.36B | 13B | 11.75B | 8.73B | 8.68B | 9.36B | 9.72B | 10.94B | 11.36B | 11.49B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1.67B | 3.62B | 2.44B | 2.75B | 1.21B | 2.45B | 2.4B | 2.52B | 1.45B | 794M | 2.14B | 805M | -210M | -1.2B | -1.08B | -359M | -9M | 1.04B | 1.5B | 1.63B |
| Treasury Stock | -572.85M | -662.42M | -585M | -630M | -690M | -274M | -2.79B | -1.57B | -1.44B | -906M | -440M | -441M | -441M | -441M | -441M | -441M | -298M | -107M | -107M | -107M |
| Accumulated OCI | 193.28M | 199.13M | 204M | 262M | 324M | 382M | 459M | 331M | 355M | 386M | 450M | 474M | 271M | 232M | 70M | 63M | 37M | 41M | 21M | 49M |
| Minority Interest | 153.43M | 154.1M | 143M | 140M | 127M | 94M | 84M | 135M | 122M | 114M | 116M | 101M | 81M | 74M | 83M | 76M | 90M | 109M | 106M | 105M |