NexPoint Hospitality Trust (TSXV:NHT.U) Cash-to-Debt : 0.02 (As of Sep. 2024)

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What is NexPoint 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. NexPoint Hospitality Trust's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.02.

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, NexPoint 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 NexPoint Hospitality Trust's Cash-to-Debt or its related term are showing as below:

TSXV:NHT.U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.16
Current: 0.02

During the past 5 years, NexPoint Hospitality Trust's highest Cash to Debt Ratio was 0.16. The lowest was 0.00. And the median was 0.02.

TSXV:NHT.U's Cash-to-Debt is ranked worse than
79.06% of 874 companies
in the REITs industry
Industry Median: 0.08 vs TSXV:NHT.U: 0.02

NexPoint Hospitality Trust Cash-to-Debt Historical Data

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

NexPoint Hospitality Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.02

0.01

0.16

NexPoint 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															0.03	0.16	0.16	0.14	0.02

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

For the REIT - Hotel & Motel subindustry, NexPoint 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.

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

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

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

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NexPoint 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.

NexPoint 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)
	=	32.326	/	(78.504	+	118.599)
	=	0.16

NexPoint 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)
	=	2.574	/	(111.563	+	44.135)
	=	0.02

NexPoint Hospitality Trust (TSXV:NHT.U) 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.

NexPoint Hospitality Trust Cash-to-Debt Related Terms

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

NexPoint Hospitality Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Hospitality Trust (TSXV:NHT.U) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

https://www.nexpointhospitality.com

NexPoint Hospitality Trust is an open-ended real estate investment trust. The REIT has been created to acquire a portfolio of hospitality assets located in the United States and raise capital to acquire additional U.S.-located hospitality assets that meet its investment objectives. The objectives of NHT are to provide unitholders with an opportunity to invest in an initial portfolio of extended-stay, select-service, and efficient full-service hotels. It has one segment owning and operating hotel properties in the U.S.

NexPoint Hospitality Trust Headlines

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