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CorePoint Lodging Debt-to-Equity

: 0.63 (As of Sep. 2021)
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CorePoint Lodging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $537.0 Mil. CorePoint Lodging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $18.0 Mil. CorePoint Lodging's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $877.0 Mil. CorePoint Lodging's debt to equity for the quarter that ended in Sep. 2021 was 0.63.

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

CPLG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63   Med: 0.99   Max: 2.6
Current: 0.63

During the past 6 years, the highest Debt-to-Equity Ratio of CorePoint Lodging was 2.60. The lowest was 0.63. And the median was 0.99.

CPLG's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.78 vs CPLG: 0.63

CorePoint Lodging Debt-to-Equity Historical Data

The historical data trend for CorePoint Lodging'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.

CorePoint Lodging Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Premium Member Only 2.60 2.41 1.57 0.91 0.97

CorePoint Lodging Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.99 0.97 0.95 0.77 0.63

Competitive Comparison

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

   

CorePoint Lodging Debt-to-Equity Distribution

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

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



CorePoint Lodging Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CorePoint Lodging's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

CorePoint Lodging's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


CorePoint Lodging  (NYSE:CPLG) 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.


CorePoint Lodging Debt-to-Equity Related Terms

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


CorePoint Lodging Business Description

CorePoint Lodging logo
Traded in Other Exchanges
N/A
Address
125 E. John Carpenter Freeway, Suite 1650, Irving, TX, USA, 75062
CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.
Executives
Alba Glenn director C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Birch Jean director 3050 SOFT HORIZON WAY LAS VEGAS NV 89135
Isaac B Anthony director C/O EVERGY, INC. 1200 MAIN STREET KANSAS CITY MO 64105
Gould Alice E director C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Loeb David director C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Shah Mitesh B. director LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Bowers Alan J director 7272 WISCONSIN AVENUE SUITE 1300 BETHESDA MD 20814
Abrahamson James R director C/O MARCUS CORP 100 EAST WISCONSIN AVE, SUITE 1900 MILWAUKEE WI 53202-4125
Swanstrom Daniel E Ii officer: EVP and CFO C/O MONOGRAM RESIDENTIAL TRUST, INC. 5800 GRANITE PARKWAY, SUITE 1000 PLANO TX 75024
Garfield Howard Steven officer: SVP, CAO & Treasurer 15601 DALLAS PARKWAY SUITE 600 ADDISON TX 75001
Chloupek Mark M. officer: See Remarks LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Cline Keith A. director, officer: President & CEO LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Cantele John W officer: EVP & COO C/O LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Wih Hotels L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Blackstone Real Estate Partners Iv L.p. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154

CorePoint Lodging Headlines

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