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Ashford (Ashford) Debt-to-Equity : 0.98 (As of Dec. 2023)


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What is Ashford Debt-to-Equity?

Ashford's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.0 Mil. Ashford's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $154.6 Mil. Ashford's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $166.4 Mil. Ashford's debt to equity for the quarter that ended in Dec. 2023 was 0.98.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ashford's Debt-to-Equity or its related term are showing as below:

AINC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.5   Max: 0.98
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Ashford was 0.98. The lowest was 0.07. And the median was 0.50.

AINC's Debt-to-Equity is ranked worse than
86.65% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs AINC: 0.98

Ashford Debt-to-Equity Historical Data

The historical data trend for Ashford's Debt-to-Equity 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.

* Premium members only.

Ashford Debt-to-Equity Chart

Ashford Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.50 0.56 0.59 0.98

Ashford Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 0.59 0.72 0.75 0.84 0.98

Competitive Comparison of Ashford's Debt-to-Equity

For the Asset Management subindustry, Ashford's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Ashford's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ashford's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ashford's Debt-to-Equity falls into.



Ashford Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ashford's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ashford's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Ashford  (AMEX:AINC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ashford Debt-to-Equity Related Terms

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


Ashford (Ashford) Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Inc is a provider of asset management and advisory services to other entities, primarily within the hospitality industry. The company's operating segments include REIT Advisory, Remington, Premier, INSPIRE, RED and OpenKey, and Corporate and Other. It generates maximum revenue from the Remington segment. INSPIRE segment provides event technology and creative communications solutions services. The REIT Advisory segment provides asset management and advisory services to other entities. Its Remington segment provides hotel management services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Mexico and All other countries.
Executives
Darrell T Hail director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Jeremy Welter officer: EVP - Asset Management 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Alex Rose officer: Exec. VP, GC and Secretary 14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks officer: CFO and Treasurer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Robert G. Haiman officer: Exec. VP, GC and Secretary 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mark Nunneley officer: Chief Accounting Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Hospitality Trust Inc 10 percent owner 14185 DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
W Michael Murphy director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Hays J Robison Iii officer: Chief Strategy Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Archie Jr Bennett 10 percent owner 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Hospitality Lp 10 percent owner 14180 DALLAS PARKWAY, 9TH FLOOR, DALLAS TX 75254
Uno Immanivong director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Richard J Stockton other: CEO of Ashford Hosp. Prime Inc 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Op Ltd Partner Llc 10 percent owner 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Brian Wheeler director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254