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Chatham Lodging Trust (Chatham Lodging Trust) Equity-to-Asset : 0.58 (As of Dec. 2023)


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What is Chatham Lodging Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chatham Lodging Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $776.1 Mil. Chatham Lodging Trust's Total Assets for the quarter that ended in Dec. 2023 was $1,343.9 Mil. Therefore, Chatham Lodging Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

The historical rank and industry rank for Chatham Lodging Trust's Equity-to-Asset or its related term are showing as below:

CLDT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.54   Max: 0.59
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Chatham Lodging Trust was 0.59. The lowest was 0.50. And the median was 0.54.

CLDT's Equity-to-Asset is ranked better than
54.11% of 863 companies
in the REITs industry
Industry Median: 0.57 vs CLDT: 0.58

Chatham Lodging Trust Equity-to-Asset Historical Data

The historical data trend for Chatham Lodging Trust's Equity-to-Asset 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.

* Premium members only.

Chatham Lodging Trust Equity-to-Asset Chart

Chatham Lodging Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.50 0.57 0.59 0.58

Chatham Lodging Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.59 0.59 0.58 0.58

Competitive Comparison of Chatham Lodging Trust's Equity-to-Asset

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Chatham Lodging Trust's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chatham Lodging Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chatham Lodging Trust's Equity-to-Asset falls into.



Chatham Lodging Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Chatham Lodging Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=776.061/1343.93
=0.58

Chatham Lodging Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=776.061/1343.93
=0.58

* 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.


Chatham Lodging Trust  (NYSE:CLDT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Chatham Lodging Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Chatham Lodging Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.
Executives
Ethel Issacs Williams director 222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven officer: EVP & Chief Financial Officer 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher director, officer: Chairman, President and CEO 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins director 3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis officer: EVP & Chief Investment Officer 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr director C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner officer: Chief Financial Officer 8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust officer: Chief Financial Officer 222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger director
Julio E Morales officer: EVP, Chief Financial Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker director 433 PLAZA REAL STE 335, BOCA RATON FL 33432