Chatham Lodging Trust (Chatham Lodging Trust) Debt-to-Equity : 0.65 (As of Dec. 2023)

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What is Chatham Lodging Trust Debt-to-Equity?

Chatham Lodging Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Chatham Lodging Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $504.9 Mil. Chatham Lodging Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $776.1 Mil. Chatham Lodging Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 Chatham Lodging Trust's Debt-to-Equity or its related term are showing as below:

CLDT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.77 Max: 0.94
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Chatham Lodging Trust was 0.94. The lowest was 0.62. And the median was 0.77.

CLDT's Debt-to-Equity is ranked better than
61.96% of 673 companies
in the REITs industry
Industry Median: 0.78 vs CLDT: 0.65

Chatham Lodging Trust Debt-to-Equity Historical Data

The historical data trend for Chatham Lodging Trust'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.

Chatham Lodging Trust Debt-to-Equity Chart

Chatham Lodging Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.80

0.93

0.71

0.62

0.65

Chatham Lodging Trust 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															0.62	0.63	0.62	0.64	0.65

Competitive Comparison of Chatham Lodging Trust's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust'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.

Chatham Lodging Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chatham Lodging Trust's Debt-to-Equity distribution charts can be found below:

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

Chatham Lodging Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	504.885)	/	776.061
	=	0.65

Chatham Lodging Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	504.885)	/	776.061
	=	0.65

Chatham Lodging Trust (NYSE:CLDT) 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.

Chatham Lodging Trust Debt-to-Equity Related Terms

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Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chatham Lodging Trust (NYSE:CLDT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401

Website

https://www.chathamlodgingtrust.com

Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.

Executives

Ethel Issacs Williams	director	222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven	officer: EVP & Chief Financial Officer	850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher	director, officer: Chairman, President and CEO	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen	director	10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter	director	THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith	director	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins	director	3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis	officer: EVP & Chief Investment Officer	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr	director	C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner	officer: Chief Financial Officer	8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust	officer: Chief Financial Officer	222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans	director	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger	director
Julio E Morales	officer: EVP, Chief Financial Officer	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker	director	433 PLAZA REAL STE 335, BOCA RATON FL 33432