AHTPI.PFD (Ashford Hospitality Trust) Cash-to-Debt : 0.04 (As of Sep. 2024)

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What is Ashford Hospitality 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. Ashford Hospitality Trust's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.04.

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, Ashford Hospitality Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

AHTpI.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.17
Current: 0.04

During the past 13 years, Ashford Hospitality Trust's highest Cash to Debt Ratio was 0.17. The lowest was 0.03. And the median was 0.07.

AHTpI.PFD's Cash-to-Debt is ranked worse than
65.1% of 871 companies
in the REITs industry
Industry Median: 0.08 vs AHTpI.PFD: 0.04

Ashford Hospitality Trust Cash-to-Debt Historical Data

The historical data trend for Ashford Hospitality 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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Ashford Hospitality Trust Cash-to-Debt Chart

Ashford Hospitality Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.03

0.15

0.11

0.05

Ashford Hospitality Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.05	0.04	0.04	0.04

Competitive Comparison of Ashford Hospitality Trust's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, Ashford Hospitality 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.

Ashford Hospitality Trust's Cash-to-Debt Distribution in the REITs Industry

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

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

Ashford Hospitality 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.

Ashford Hospitality 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)
	=	165.231	/	(0	+	3459.305)
	=	0.05

Ashford Hospitality Trust's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	119.659	/	(0	+	2781.167)
	=	0.04

Ashford Hospitality Trust (NYSE:AHTpI.PFD) 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.

Ashford Hospitality Trust Cash-to-Debt Related Terms

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Ashford Hospitality Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ashford Hospitality Trust Inc (NYSE:AHTpI.PFD) » Definitions » Cash-to-Debt

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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.