Microsoft Excel LibreOffice Calc

Marriott International Inc. (MAR)

Analysis of Liquidity Ratios
Quarterly Data

Difficulty: Beginner

Liquidity ratios measure the company’s ability to meet its short-term obligations.

Liquidity Ratios (Summary)

Marriott International Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Current ratio 0.51 0.47 0.42 0.46 0.48 0.49 0.46 0.52 0.53 0.60 0.65 0.72 0.60 0.44 0.43 0.49 0.54 0.60 0.63 0.57 0.57 0.60 0.68 0.57 0.69
Quick ratio 0.46 0.42 0.38 0.42 0.43 0.43 0.40 0.43 0.43 0.48 0.50 0.53 0.56 0.38 0.37 0.35 0.38 0.43 0.39 0.43 0.46 0.47 0.46 0.45 0.55
Cash ratio 0.05 0.04 0.05 0.06 0.06 0.11 0.06 0.09 0.09 0.14 0.17 0.21 0.21 0.03 0.03 0.03 0.04 0.04 0.03 0.05 0.07 0.07 0.06 0.04 0.09

Based on: 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-10), 10-K (filing date: 2019-03-01), 10-Q (filing date: 2018-11-06), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-10), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-08), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-09), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-18), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-30), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-29), 10-Q (filing date: 2014-07-30), 10-Q (filing date: 2014-04-30), 10-Q (filing date: 2013-10-31), 10-Q (filing date: 2013-08-01), 10-Q (filing date: 2013-05-02).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.

Current Ratio

Marriott International Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Current assets 2,869  2,735  2,706  2,803  2,817  3,152  2,747  2,944  2,830  3,121  3,371  3,787  1,959  1,424  1,384  1,723  1,906  1,828  1,921  1,552  1,537  1,565  1,646  1,404  1,626 
Current liabilities 5,624  5,848  6,437  6,051  5,904  6,469  6,010  5,608  5,363  5,223  5,147  5,229  3,244  3,247  3,233  3,509  3,517  3,030  3,060  2,738  2,690  2,596  2,422  2,467  2,358 
Liquidity Ratio
Current ratio1 0.51 0.47 0.42 0.46 0.48 0.49 0.46 0.52 0.53 0.60 0.65 0.72 0.60 0.44 0.43 0.49 0.54 0.60 0.63 0.57 0.57 0.60 0.68 0.57 0.69
Benchmarks
Current Ratio, Competitors2
Booking Holdings Inc. 1.58 1.27 2.36 2.41 1.92 2.14 2.58 2.52 2.20 2.15 1.89 2.01 2.68 2.45 2.47 2.72 2.43 3.50 3.82 4.60 5.65 5.49 — — —
Delta Air Lines Inc. 0.34 0.34 0.34 0.37 0.40 0.39 0.42 0.43 0.43 0.43 0.49 0.48 0.47 0.51 0.52 0.68 0.67 0.71 0.74 0.74 0.69 0.65 — — —
McDonald’s Corp. 1.21 1.47 1.36 1.53 1.47 1.74 1.84 1.28 2.15 1.83 1.40 0.96 1.89 1.77 3.27 1.52 2.16 1.31 1.52 1.25 1.74 1.56 — — —
Starbucks Corp. 0.94 1.41 2.20 1.01 1.09 1.01 1.25 1.37 1.23 1.05 1.05 1.14 0.89 1.07 1.19 1.18 1.21 1.28 1.37 1.16 1.31 1.27 1.75 1.68 1.85

Based on: 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-10), 10-K (filing date: 2019-03-01), 10-Q (filing date: 2018-11-06), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-10), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-08), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-09), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-18), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-30), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-29), 10-Q (filing date: 2014-07-30), 10-Q (filing date: 2014-04-30), 10-Q (filing date: 2013-10-31), 10-Q (filing date: 2013-08-01), 10-Q (filing date: 2013-05-02).

1 Q2 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 2,869 ÷ 5,624 = 0.51

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities.

Quick Ratio

Marriott International Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Cash and equivalents 284  258  316  373  366  701  383  508  498  738  858  1,078  679  99  96  95  140  120  104  150  192  184  144  108  221 
Accounts and notes receivable, net 2,328  2,218  2,133  2,175  2,174  2,098  1,991  1,914  1,804  1,752  1,695  1,705  1,152  1,143  1,103  1,144  1,188  1,172  1,100  1,030  1,057  1,035  972  1,006  1,080 
Total quick assets 2,612  2,476  2,449  2,548  2,540  2,799  2,374  2,422  2,302  2,490  2,553  2,783  1,831  1,242  1,199  1,239  1,328  1,292  1,204  1,180  1,249  1,219  1,116  1,114  1,301 
 
Current liabilities 5,624  5,848  6,437  6,051  5,904  6,469  6,010  5,608  5,363  5,223  5,147  5,229  3,244  3,247  3,233  3,509  3,517  3,030  3,060  2,738  2,690  2,596  2,422  2,467  2,358 
Liquidity Ratio
Quick ratio1 0.46 0.42 0.38 0.42 0.43 0.43 0.40 0.43 0.43 0.48 0.50 0.53 0.56 0.38 0.37 0.35 0.38 0.43 0.39 0.43 0.46 0.47 0.46 0.45 0.55
Benchmarks
Quick Ratio, Competitors2
Booking Holdings Inc. 1.38 1.04 2.20 2.25 1.73 1.89 2.46 2.40 2.02 1.94 1.81 1.89 2.42 2.13 2.29 2.49 2.11 3.14 3.58 4.46 5.31 5.13 — — —
Delta Air Lines Inc. 0.23 0.24 0.22 0.24 0.25 0.23 0.27 0.29 0.31 0.31 0.35 0.34 0.31 0.28 0.31 0.33 0.34 0.32 0.33 0.44 0.41 0.38 — — —
McDonald’s Corp. 0.98 1.27 1.11 1.33 1.29 1.57 1.54 1.13 1.40 1.16 0.78 0.81 1.65 1.56 3.05 1.21 1.88 0.99 1.20 0.97 1.46 1.28 — — —
Starbucks Corp. 0.54 1.05 1.69 0.51 0.60 0.68 0.84 0.94 0.80 0.69 0.67 0.72 0.50 0.71 0.64 0.70 0.71 0.74 0.81 0.62 0.76 0.78 1.05 0.98 1.23

Based on: 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-10), 10-K (filing date: 2019-03-01), 10-Q (filing date: 2018-11-06), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-10), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-08), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-09), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-18), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-30), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-29), 10-Q (filing date: 2014-07-30), 10-Q (filing date: 2014-04-30), 10-Q (filing date: 2013-10-31), 10-Q (filing date: 2013-08-01), 10-Q (filing date: 2013-05-02).

1 Q2 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 2,612 ÷ 5,624 = 0.46

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.

Cash Ratio

Marriott International Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Cash and equivalents 284  258  316  373  366  701  383  508  498  738  858  1,078  679  99  96  95  140  120  104  150  192  184  144  108  221 
Total cash assets 284  258  316  373  366  701  383  508  498  738  858  1,078  679  99  96  95  140  120  104  150  192  184  144  108  221 
 
Current liabilities 5,624  5,848  6,437  6,051  5,904  6,469  6,010  5,608  5,363  5,223  5,147  5,229  3,244  3,247  3,233  3,509  3,517  3,030  3,060  2,738  2,690  2,596  2,422  2,467  2,358 
Liquidity Ratio
Cash ratio1 0.05 0.04 0.05 0.06 0.06 0.11 0.06 0.09 0.09 0.14 0.17 0.21 0.21 0.03 0.03 0.03 0.04 0.04 0.03 0.05 0.07 0.07 0.06 0.04 0.09
Benchmarks
Cash Ratio, Competitors2
Booking Holdings Inc. 1.07 0.77 1.77 1.81 1.40 1.54 2.12 2.00 1.69 1.65 1.50 1.51 1.98 1.70 1.84 1.93 1.65 2.72 3.11 3.92 4.75 4.69 — — —
Delta Air Lines Inc. 0.09 0.09 0.10 0.10 0.12 0.10 0.14 0.15 0.18 0.17 0.21 0.21 0.18 0.16 0.20 0.22 0.22 0.21 0.20 0.29 0.27 0.24 — — —
McDonald’s Corp. 0.35 0.68 0.29 0.71 0.55 0.87 0.85 0.71 0.87 0.75 0.35 0.51 1.17 1.16 2.60 0.83 1.45 0.59 0.76 0.68 1.08 0.88 — — —
Starbucks Corp. 0.40 0.92 1.57 0.36 0.43 0.55 0.64 0.75 0.60 0.49 0.50 0.55 0.33 0.54 0.44 0.54 0.53 0.55 0.61 0.41 0.54 0.58 0.84 0.75 1.03

Based on: 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-10), 10-K (filing date: 2019-03-01), 10-Q (filing date: 2018-11-06), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-10), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-08), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-09), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-09), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-18), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-30), 10-K (filing date: 2015-02-19), 10-Q (filing date: 2014-10-29), 10-Q (filing date: 2014-07-30), 10-Q (filing date: 2014-04-30), 10-Q (filing date: 2013-10-31), 10-Q (filing date: 2013-08-01), 10-Q (filing date: 2013-05-02).

1 Q2 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 284 ÷ 5,624 = 0.05

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.