HGV: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, HGV has $11,680M in assets. $10,139M in debts. $215M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	215	269
Restricted cash	328	323
Accounts receivable, net	440	444
Timeshare financing receivables, net	3,059	2,979
Inventory	2,454	2,406
Property and equipment, net	854	828
Operating lease right-of-use assets, net	74	77
Investments in unconsolidated affiliates	79	74
Goodwill	1,985	1,985
Intangible assets, net	1,726	1,760
Other assets	466	593
Total assets (variable interest entities - 2,392 and 2,192)	11,680	11,738

Accounts payable, accrued expenses and other	1,067	1,216
Advanced deposits	228	235
Debt, net	4,719	4,574
Non-recourse debt, net	2,472	2,499
Operating lease liabilities	91	95
Deferred revenue	635	551
Deferred income tax liabilities	927	928
Total liabilities (variable interest entities - 2,463 and 2,318)	10,139	10,098
Common stock, 0.01 par value 3,000,000,000 authorized shares, 86,635,596 shares issued and outstanding as of september30, 2025, and 96,720,179 shares issued and outstanding as of december31, 2024	1	1
Additional paid-in capital	1,308	1,326
Accumulated retained earnings	88	167
Accumulated other comprehensive loss	-12	-5
Total stockholders' equity	1,385	1,489
Noncontrolling interest	156	151
Total equity	1,541	1,640
Total liabilities and equity	11,680	11,738