Ashford Hospitality Trust (Ashford Hospitality Trust) Cash And Cash Equivalents

: $165 Mil (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

Ashford Hospitality Trust's quarterly cash and cash equivalents declined from Jun. 2023 ($251.55 Mil) to Sep. 2023 ($184.18 Mil) but then stayed the same from Sep. 2023 ($184.18 Mil) to Dec. 2023 ($165.23 Mil).

Ashford Hospitality Trust's annual cash and cash equivalents declined from Dec. 2021 ($592.11 Mil) to Dec. 2022 ($417.06 Mil) and declined from Dec. 2022 ($417.06 Mil) to Dec. 2023 ($165.23 Mil).

Ashford Hospitality Trust Cash And Cash Equivalents Historical Data

The historical data trend for Ashford Hospitality Trust's Cash And Cash Equivalents 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.

Ashford Hospitality Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

262.64

92.91

592.11

417.06

165.23

Ashford Hospitality Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																417.06	344.94	251.55	184.18	165.23

Ashford Hospitality Trust Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Ashford Hospitality Trust (NYSE:AHT) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Ashford Hospitality Trust Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Ashford Hospitality Trust's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Ashford Hospitality Trust (Ashford Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ashford Hospitality Trust Inc (NYSE:AHT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

AHTpI.PFD:USA AHTpH.PFD:USA AHTpG.PFD:USA AHTpF.PFD:USA AHTpD.PFD:USA

Address

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

Website

https://www.ahtreit.com

Ashford Hospitality Trust Inc. is a real estate investment trust that invests in full-service upscale and upper-upscale hotel properties in the U.S. The company owns and operates its assets through its operating partnership, Ashford Hospitality Limited Partnership. All of its hotels are located across the U.S. and operate under the Marriott, Hilton, Hyatt, Crowne Plaza, and Sheraton brands. Ashford's sole segment is Direct Hotel Investments, through which it owns hotels by acquisition or development. Ashford also provides rest estate investment services, such as mezzanine financing, first mortgage financing, and sales-leaseback transactions. Its revenue streams include Room revenue, Food and beverage revenue, and Other revenue. Room revenue accounts for the majority of total revenue.

Executives

Davinder Singh Sra	director	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks	officer: Chief Financial Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ansell Benjamin J Md	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Oaktree Fund Gp I, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Aif, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGLES CA 90071
Oaktree Fund Aif Series, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust	10 percent owner	181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Oaktree Capital Management Gp, Llc	10 percent owner	333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Real Estate Opportunities Fund Viii Gp Ltd.	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FL, LOS ANGELES CA 90071
Oaktree Real Estate Opportunities Fund Viii Gp, L.p.	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FL, LOS ANGELES CA 90071