InnSuites Hospitality Trust (InnSuites Hospitality Trust) Cash-to-Debt : 0.11 (As of Jan. 2024)

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What is InnSuites 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. InnSuites Hospitality Trust's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.11.

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

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

IHT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 0.79
Current: 0.11

During the past 13 years, InnSuites Hospitality Trust's highest Cash to Debt Ratio was 0.79. The lowest was 0.02. And the median was 0.13.

IHT's Cash-to-Debt is ranked better than
57.91% of 803 companies
in the REITs industry
Industry Median: 0.08 vs IHT: 0.11

InnSuites Hospitality Trust Cash-to-Debt Historical Data

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

InnSuites Hospitality Trust Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.12

0.15

0.13

0.17

0.11

InnSuites Hospitality Trust Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.14	0.20	0.16	0.11

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

For the REIT - Hotel & Motel subindustry, InnSuites 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.

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

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

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

InnSuites 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.

InnSuites Hospitality Trust's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	1.325	/	(0.707	+	11.269)
	=	0.11

InnSuites Hospitality Trust's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	1.325	/	(0.707	+	11.269)
	=	0.11

InnSuites Hospitality Trust (AMEX:IHT) 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.

InnSuites Hospitality Trust Cash-to-Debt Related Terms

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

InnSuites Hospitality Trust (InnSuites Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » InnSuites Hospitality Trust (AMEX:IHT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1730 E. Northern Avenue, Suite 122, InnSuites Hotels Centre, Phoenix, AZ, USA, 85020

Website

https://www.innsuitestrust.com

InnSuites Hospitality Trust is a real estate investment trust. It is engaged in the ownership and operation of hotel properties. It owns and operates hotels, provides management services for hotels, and also provides trademark license services. The Trust is also involved in various operations incidental to the operation of hotels, such as the operation of restaurants, meeting/banquet room rentals, and the operation of a reservation system. It has one reportable segment Hotel Operations & Hotel Management Services. Geographically operates through the region of the United States.

Executives

Jr Chase	director	10202 NORTH 15TH AVENUE, APT #2, PHOENIX AZ 85021
James F Wirth	director, 10 percent owner, officer: President, other: Chairman and CEO	1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Pamela J Barnhill	officer: President and COO	C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Cynthia Ketcherside	director	C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE #105, PHEONIX AZ 85020
Adam B Remis	officer: Chief Financial Officer	C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Leslie T Kutasi	director	C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Robert R. Mazakis	officer: Principal Accounting Officer	C/O INNSUITES HOTELS CENTRE, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020-3960
Steven S Robson	director	1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Larry Pelegrin	director	5143 E. SIERRA SUNSET TRAIL, CAVE CREEK AZ 85331
Peter A Thoma	director	1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Mason Anderson	director	3024 WEST SAHUARO DRIVE, PHOENIX AZ 85029
Marc E Berg	director, officer: Executive Vice President, other: Secretary and Treasurer	1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Stephen A Mcconnell	director	6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Gail J Wirth	10 percent owner	1615 E NORTHERN AVE, STE 105, PHOENIX AZ 85020
Anthony B Waters	officer: Chief Financial Officer	1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020