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LaSalle Hotel Properties (LaSalle Hotel Properties) Cash-to-Debt : 0.23 (As of Sep. 2018)


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What is LaSalle Hotel Properties 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. LaSalle Hotel Properties's cash to debt ratio for the quarter that ended in Sep. 2018 was 0.23.

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, LaSalle Hotel Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

The historical rank and industry rank for LaSalle Hotel Properties's Cash-to-Debt or its related term are showing as below:

LHOpI.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.41
Current: 0.23

During the past 13 years, LaSalle Hotel Properties's highest Cash to Debt Ratio was 0.41. The lowest was 0.00. And the median was 0.02.

LHOpI.PFD's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.09 vs LHOpI.PFD: 0.23

LaSalle Hotel Properties Cash-to-Debt Historical Data

The historical data trend for LaSalle Hotel Properties'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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LaSalle Hotel Properties Cash-to-Debt Chart

LaSalle Hotel Properties Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.11 - 0.12 0.36

LaSalle Hotel Properties Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.36 0.21 0.21 0.23

Competitive Comparison of LaSalle Hotel Properties's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, LaSalle Hotel Properties'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.


LaSalle Hotel Properties's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where LaSalle Hotel Properties's Cash-to-Debt falls into.



LaSalle Hotel Properties 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.

LaSalle Hotel Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

LaSalle Hotel Properties's Cash to Debt Ratio for the quarter that ended in Sep. 2018 is calculated as:

* 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.


LaSalle Hotel Properties  (NYSE:LHOpI.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.


LaSalle Hotel Properties Cash-to-Debt Related Terms

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LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.