HTPRBCL.PFD (Hersha Hospitality Trust) Cash-to-Debt : 0.24 (As of Sep. 2023)

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What is Hersha 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. Hersha Hospitality Trust's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.24.

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, Hersha Hospitality Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HTPRBCL.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.35
Current: 0.24

During the past 13 years, Hersha Hospitality Trust's highest Cash to Debt Ratio was 0.35. The lowest was 0.01. And the median was 0.04.

HTPRBCL.PFD's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.08 vs HTPRBCL.PFD: 0.24

Hersha Hospitality Trust Cash-to-Debt Historical Data

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

Hersha Hospitality Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.02

0.01

0.06

0.35

Hersha Hospitality Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.35	0.30	0.24	0.24

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

For the REIT - Hotel & Motel subindustry, Hersha 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.

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

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

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

Hersha 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.

Hersha Hospitality Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	224.955	/	(0	+	648.888)
	=	0.35

Hersha Hospitality Trust's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	146.145	/	(0	+	601.689)
	=	0.24

Hersha Hospitality Trust (NYSE:HTPRBCL.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.

Hersha Hospitality Trust Cash-to-Debt Related Terms

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Hersha Hospitality Trust Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.