Braemar Hotels & Resorts (Braemar Hotels & Resorts) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Braemar Hotels & Resorts Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Braemar Hotels & Resorts's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Braemar Hotels & Resorts couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Braemar Hotels & Resorts's Cash-to-Debt or its related term are showing as below:

BHR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.17 Max: 0.23
Current: 0.07

During the past 13 years, Braemar Hotels & Resorts's highest Cash to Debt Ratio was 0.23. The lowest was 0.06. And the median was 0.17.

BHR's Cash-to-Debt is ranked worse than
52.74% of 804 companies
in the REITs industry
Industry Median: 0.09 vs BHR: 0.07

Braemar Hotels & Resorts Cash-to-Debt Historical Data

The historical data trend for Braemar Hotels & Resorts's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Braemar Hotels & Resorts Cash-to-Debt Chart

Braemar Hotels & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.06

0.07

0.18

0.19

0.07

Braemar Hotels & Resorts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.21	0.11	0.12	0.07

Competitive Comparison of Braemar Hotels & Resorts's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, Braemar Hotels & Resorts's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Braemar Hotels & Resorts's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Braemar Hotels & Resorts's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Braemar Hotels & Resorts's Cash-to-Debt falls into.

Braemar Hotels & Resorts Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Braemar Hotels & Resorts's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	85.599	/	(0	+	1222.823)
	=	0.07

Braemar Hotels & Resorts's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	85.599	/	(0	+	1222.823)
	=	0.07

Braemar Hotels & Resorts (NYSE:BHR) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Braemar Hotels & Resorts Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Braemar Hotels & Resorts's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Braemar Hotels & Resorts (Braemar Hotels & Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Braemar Hotels & Resorts Inc (NYSE:BHR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BHRpD.PFD:USA BHRpB.PFD:USA 42V:Germany

Address

14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254

Website

http://www.bhrreit.com

Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury, upper-upscale and upscale hotels in gateway and resort locations. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and Renaissance, among others.

Executives

Abteen Vaziri	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Richard J Stockton	officer: Chief Executive Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Montgomery J Bennett	director, officer: Chief Executive Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mary Candace Evans	director	11407 WEST RICKS CIRCLE, DALLAS TX 75230
Rebeca M Johnson	director	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75240
Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Alex Rose	officer: Exec. VP, GC and Secretary	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks	officer: CFO and Treasurer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Stefani D Carter	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mark Nunneley	officer: Chief Accounting Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Robert G. Haiman	officer: Exec. VP, GC and Secretary	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Jeremy Welter	officer: EVP-Asset Management	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Darrouzet Sarah Zubiate	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Daniel B. Silvers	director	1199 PARK AVENUE #17A, NEW YORK NY 10128
Lawrence A Cunningham	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060