WYNDHAM HOTELS RESORTS INC
For the period ended Sep 30, 2024. Filed Oct 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 24, 2024
WH$81.12+1.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Balance Sheets
(In millions, except per share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $72 | $66 |
| Trade receivables, net | 286 | 241 |
| Prepaid expenses | 40 | 27 |
| Other current assets | 47 | 39 |
| Total current assets | 445 | 373 |
| Property and equipment, net | 78 | 88 |
| Goodwill | 1,525 | 1,525 |
| Trademarks, net | 1,233 | 1,232 |
| Franchise agreements and other intangibles, net | 326 | 347 |
| Other non-current assets | 547 | 468 |
| Total assets | $4,154 | $4,033 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Current portion of long-term debt | $47 | $37 |
| Accounts payable | 62 | 32 |
| Deferred revenues | 98 | 91 |
| Accrued expenses and other current liabilities | 252 | 299 |
| Total current liabilities | 459 | 459 |
| Long-term debt | 2,440 | 2,164 |
| Deferred income taxes | 314 | 325 |
| Deferred revenues | 165 | 167 |
| Other non-current liabilities | 193 | 172 |
| Total liabilities | 3,571 | 3,287 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, authorized 6.0 shares, none issued and outstanding | — | — |
| Common stock, $0.01 par value, 102.7 and 102.1 issued as of September 30, 2024 and December 31, 2023 | 1 | 1 |
| Treasury stock, at cost – 24.5 and 20.7 shares as of September 30, 2024 and December 31, 2023 | (1,646) | (1,361) |
| Additional paid-in capital | 1,628 | 1,599 |
| Retained earnings | 600 | 488 |
| Accumulated other comprehensive income | — | 19 |
| Total stockholders’ equity | 583 | 746 |
| Total liabilities and stockholders’ equity | $4,154 | $4,033 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.