Choice Hotels International, Inc. (CHH) financial statements (2022 and earlier)

Company profile

Business Address 1 CHOICE HOTELS CIRCLE
ROCKVILLE, MD 20850
State of Incorp. DE
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments512415308223 192314
Cash and cash equivalents512415308223 192314
Restricted cash and investments2   2  
Receivables220269272198119205188
Prepaid expense16      
Other current assets  2724201822
Other undisclosed current assets1227  292  
Total current assets:762711608445433416524
Noncurrent Assets
Operating lease, right-of-use asset34111315182022
Property, plant and equipment377352342337335339350
Long-term investments and receivables666868831119898
Accounts and financing receivable, after allowance for credit loss66686883 9898
Due from related parties    111  
Intangible assets, net (including goodwill)472465467466463450450
Goodwill159159159159159159159
Intangible assets, net (excluding goodwill)312306308307304291291
Restricted cash and investments    29  
Deferred costs36      
Deferred income tax assets691027169685450
Other noncurrent assets90838688889593
Other undisclosed noncurrent assets26747482439998
Total noncurrent assets:1,1701,1551,1211,1391,1541,1551,162
TOTAL ASSETS:1,9321,8661,7291,5841,5871,5701,686
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities199230206137162148117
Accounts payable81889071838058
Accrued liabilities10412910366796859
Interest and dividends payable131313   0
Deferred revenue82775954504645
Debt216216   4242
Other undisclosed current liabilities74685153431715
Total current liabilities:570591316244256252219
Noncurrent Liabilities
Long-term debt and lease obligation, including:8808491,0601,0591,0591,0581,232
Long-term debt, excluding current maturities844844   1,0581,232
Operating lease, liability356810131517
Other undisclosed long-term debt and lease obligation  1,0521,0491,046(15)(17)
Liabilities, other than long-term debt1367191104155112107
Accounts payable and accrued liabilities21212123232323
Deferred revenue1064061711228077
Other liabilities9101010997
Other undisclosed noncurrent liabilities80142157158124168171
Total noncurrent liabilities:1,0961,0631,3081,3211,3371,3391,510
Total liabilities:1,6661,6541,6241,5651,5931,5921,729
Stockholders' equity
Stockholders' equity attributable to parent, including:26621210519(6)(21)(43)
Common stock    1  
Treasury stock, value(1,265)(1,262)(1,258)(1,261)(1,260)(1,263)(1,265)
Additional paid in capital259253247238234229224
Accumulated other comprehensive loss(5)(5)(5)(5)(5)(5)(5)
Retained earnings1,2751,2241,1201,0471,0251,0171,002
Other undisclosed stockholders' equity attributable to parent1111 11
Total stockholders' equity:26621210519(6)(21)(43)
TOTAL LIABILITIES AND EQUITY:1,9321,8661,7291,5841,5871,5701,686

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues285323278183193211152
Cost of revenue(132)(129)(125)(109)(108)(124)(107)
Gross profit:15319415374858745
Operating expenses(46)(35)(34)(30)(59)(31)(36)
Other undisclosed operating loss(0)   (9)(4)(1)
Operating income:1071591194417518
Nonoperating expense(22)(8)(7)(15)(15)(27)(11)
Investment income, nonoperating3132536
Interest and debt expense(12)(12)(12)(12) (16)(13)
Income (loss) from continuing operations before equity method investments, income taxes:731401001718(16)
Other undisclosed income from continuing operations before income taxes12121212 1613
Income (loss) from continuing operations before income taxes:8415211229124(3)
Income tax expense (benefit)(20)(35)(26)(6)6(10)0
Net income (loss) attributable to parent:641178622815(2)
Other undisclosed net income (loss) available to common stockholders, basic(0)(0)(0)(0)(0)(0)0
Net income (loss) available to common stockholders, basic:641168622814(2)
Other undisclosed net loss available to common stockholders, diluted    (0)  
Net income (loss) available to common stockholders, diluted:641168622814(2)

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):641178622815(2)
Other comprehensive income     00
Other undisclosed comprehensive income    0  
Comprehensive income (loss):641178622815(2)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0)00(0)  
Comprehensive income (loss), net of tax, attributable to parent:641178622815(2)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: