What is Ashford Hospitality Trust Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ashford Hospitality Trust's interest expense for the
three
months ended in Dec. 2023 was $ -96 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-366 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ashford Hospitality Trust's Operating Income for the
three
months ended in Dec. 2023 was $ 13 Mil. Ashford Hospitality Trust's Interest Expense for the
three
months ended in Dec. 2023 was $ -96 Mil.
Ashford Hospitality Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 0.13.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Ashford Hospitality Trust Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-366 Mil.
* 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.
Ashford Hospitality Trust (NYSE:AHT) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Ashford Hospitality Trust's Interest Expense for the
three
months ended in Dec. 2023 was $-96 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $13 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $3,459 Mil.
Ashford Hospitality Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Ashford Hospitality Trust Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
Ashford Hospitality Trust (Ashford Hospitality Trust) Business Description
Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
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 |
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