RLJ Lodging Trust (RLJ Lodging Trust) Cash-to-Debt : 0.22 (As of Dec. 2023)

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What is RLJ Lodging Trust 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. RLJ Lodging Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.22.

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, RLJ Lodging Trust 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 RLJ Lodging Trust's Cash-to-Debt or its related term are showing as below:

RLJ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: 0.38
Current: 0.22

During the past 13 years, RLJ Lodging Trust's highest Cash to Debt Ratio was 0.38. The lowest was 0.09. And the median was 0.21.

RLJ's Cash-to-Debt is ranked better than
68.2% of 802 companies
in the REITs industry
Industry Median: 0.09 vs RLJ: 0.22

RLJ Lodging Trust Cash-to-Debt Historical Data

The historical data trend for RLJ Lodging Trust'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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RLJ Lodging Trust Cash-to-Debt Chart

RLJ Lodging Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.38

0.33

0.26

0.21

0.22

RLJ Lodging Trust 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															0.21	0.20	0.20	0.21	0.22

Competitive Comparison of RLJ Lodging Trust's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, RLJ Lodging Trust'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.

RLJ Lodging Trust's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, RLJ Lodging Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where RLJ Lodging Trust's Cash-to-Debt falls into.

RLJ Lodging Trust 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.

RLJ Lodging Trust'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)
	=	516.675	/	(0	+	2343.366)
	=	0.22

RLJ Lodging Trust'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)
	=	516.675	/	(0	+	2343.366)
	=	0.22

RLJ Lodging Trust (NYSE:RLJ) 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.

RLJ Lodging Trust Cash-to-Debt Related Terms

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RLJ Lodging Trust (RLJ Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RLJ Lodging Trust (NYSE:RLJ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RLJpA.PFD:USA

Address

3 Bethesda Metro Center, Suite 1000, Bethesda, MD, USA, 20814

Website

https://www.rljlodgingtrust.com

RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.

Executives

Arthur Reginald Collins	director	3911 LORCOM LANE, ARLINGTON VA 22207
Nathaniel A Davis	director	1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Chad Perry	officer: EVP and General Counsel	C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Patricia L Gibson	director	545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Thomas Bardenett	officer: EVP and COO	C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
La Forgia Robert M	director	C/O HILTON HOTELS CORP, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Robert Mccarthy	director	C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Evan Bayh	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Robin Mcbride Zeigler	director	44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sean M Mahoney	officer: EVP, CFO and Treasurer	3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
Robert L Johnson	director, officer: Executive Chairman	C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Leslie D. Hale	director, officer: President and CEO	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Christopher Andrew Gormsen	officer: Chief Accounting Officer	C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Joseph J Ryan	director	C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20817
California Public Employees Retirement System	10 percent owner	400 Q ST, SUITE 4800, SACRAMENTO CA 95811