Sotherly Hotels (FRA:MCL) Cash-to-Debt : 0.04 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sotherly Hotels 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. Sotherly Hotels'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, Sotherly Hotels 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 Sotherly Hotels's Cash-to-Debt or its related term are showing as below:

FRA:MCL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.11
Current: 0.04

During the past 13 years, Sotherly Hotels's highest Cash to Debt Ratio was 0.11. The lowest was 0.04. And the median was 0.07.

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

Sotherly Hotels Cash-to-Debt Historical Data

The historical data trend for Sotherly Hotels'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.

* Premium members only.

Sotherly Hotels Cash-to-Debt Chart

Sotherly Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.04

0.07

0.05

Sotherly Hotels 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															0.06	0.05	0.09	0.06	0.04

Competitive Comparison of Sotherly Hotels's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, Sotherly Hotels'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.

Sotherly Hotels's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Sotherly Hotels's Cash-to-Debt falls into.

Sotherly Hotels 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.

Sotherly Hotels'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)
	=	15.683	/	(0	+	291.171)
	=	0.05

Sotherly Hotels'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)
	=	12.63	/	(0	+	307.88)
	=	0.04

Sotherly Hotels (FRA:MCL) 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.

Sotherly Hotels Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sotherly Hotels's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sotherly Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sotherly Hotels Inc (FRA:MCL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SOHON.PFD:USA SOHOO.PFD:USA SOHOB.PFD:USA SOHO:USA

Address

306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185

Website

https://www.sotherlyhotels.com

Sotherly Hotels Inc is engaged in Hotel operations. The company is a self-managed and self-administered lodging real estate investment trust that was formed to own, acquire, renovate, and reposition full-service, upscale, and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. It generates revenue through the rooms, food, beverage, and other services. Geographically, the group has its presence in the regions of Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas, and Virginia.

Sotherly Hotels Headlines

No Headlines