Condor Hospitality Trust (Condor Hospitality Trust) Debt-to-Equity : 3.31 (As of Sep. 2021)

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What is Condor Hospitality Trust Debt-to-Equity?

Condor Hospitality Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil. Condor Hospitality Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $196.27 Mil. Condor Hospitality Trust's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $59.35 Mil. Condor Hospitality Trust's debt to equity for the quarter that ended in Sep. 2021 was 3.31.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Condor Hospitality Trust's Debt-to-Equity or its related term are showing as below:

CDORO.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.85 Med: 2.14 Max: 3.74
Current: 3.31

During the past 13 years, the highest Debt-to-Equity Ratio of Condor Hospitality Trust was 3.74. The lowest was -4.85. And the median was 2.14.

CDORO.PFD's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.78 vs CDORO.PFD: 3.31

Condor Hospitality Trust Debt-to-Equity Historical Data

The historical data trend for Condor Hospitality Trust's Debt-to-Equity 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.

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Condor Hospitality Trust Debt-to-Equity Chart

Condor Hospitality Trust Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.94

1.10

1.29

1.41

2.41

Condor Hospitality Trust Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Debt-to-Equity	Get a 7-Day Free Trial															2.21	2.41	2.48	3.01	3.31

Competitive Comparison of Condor Hospitality Trust's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Condor Hospitality Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Condor Hospitality Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Condor Hospitality Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Condor Hospitality Trust's Debt-to-Equity falls into.

Condor Hospitality Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Condor Hospitality Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	183.401)	/	76.239
	=	2.41

Condor Hospitality Trust's Debt to Equity Ratio for the quarter that ended in Sep. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	196.265)	/	59.352
	=	3.31

Condor Hospitality Trust (NAS:CDORO.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Condor Hospitality Trust Debt-to-Equity Related Terms

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Condor Hospitality Trust (Condor Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Condor Hospitality Trust Inc (NAS:CDORO.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800 West Pasewalk Avenue, Suite 200, Norfolk, NE, USA, 68701

Website

http://www.condorhospitality.com

Condor Hospitality Trust Inc is a US-based self-administered real estate investment trust. It is engaged in the investment and ownership of select service, limited service, extended stay and compact full-service hotels. The primary business of the company is owning equity interests in hotel properties. It conducts its business through a traditional umbrella partnership REIT in which the hotel properties are owned by its operating partnership, Condor Hospitality Limited Partnership, and its subsidiaries.