Hersha Hospitality Trust (Hersha Hospitality Trust) Debt-to-Equity : 0.91 (As of Sep. 2023)

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What is Hersha Hospitality Trust Debt-to-Equity?

Hersha Hospitality Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.0 Mil. Hersha Hospitality Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $601.7 Mil. Hersha Hospitality Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $658.4 Mil. Hersha Hospitality Trust's debt to equity for the quarter that ended in Sep. 2023 was 0.91.

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

HT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.32 Max: 2.14
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Hersha Hospitality Trust was 2.14. The lowest was 0.90. And the median was 1.32.

HT's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.78 vs HT: 0.91

Hersha Hospitality Trust Debt-to-Equity Historical Data

The historical data trend for Hersha Hospitality 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.

Hersha Hospitality Trust Debt-to-Equity Chart

Hersha Hospitality Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.22

1.46

2.01

2.10

0.95

Hersha Hospitality Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.00	0.95	0.98	0.90	0.91

Competitive Comparison of Hersha Hospitality Trust's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Hersha Hospitality 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.

Hersha Hospitality Trust's Debt-to-Equity Distribution in the REITs Industry

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

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

Hersha Hospitality Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hersha Hospitality Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	648.888)	/	683
	=	0.95

Hersha Hospitality Trust's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	601.689)	/	658.36
	=	0.91

Hersha Hospitality Trust (NYSE:HT) 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.

Hersha Hospitality Trust Debt-to-Equity Related Terms

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Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hersha Hospitality Trust (NYSE:HT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.

Executives

Hutchison Thomas J Iii	director	44 HERSHA DRIVE, HARRISBURG PA 17102
Michael R Gillespie	officer: Chief Accounting Officer	44 HERSHA DRIVE, HARRISBURG PA 17102
Michael A Leven	director	2500 PEACHTREE ROAD, APT 801, ATLANTA GA 30305
Ashish R Parikh	officer: Chief Financial Officer	44 HERSHA DRIVE, HARRISBURG PA 17102
Jay H Shah	director, officer: Chief Executive Officer, other: Trustee	44 HERSHA DRIVE, HARRISBURG PA 17102
Neil H Shah	officer: President and COO	44 HERSHA DRIVE, HARRISBURG PA 17102
Hasu P Shah	director, officer: Chairman of the Board	44 HERSHA DRIVE, HARRISBURG PA 17102
Donald J Landry	director	1492 LAKESHORE BLVD, SLIDELL LA 70461
David L Desfor	officer: Treasurer & Corp. Secretary	44 HERSHA DRIVE, HARRISBURG PA 17102
John Sabin	director	44 HERSHA DRIVE, HARRISBURG PA 17102
Jackson Hsieh	director	2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Kiran P Patel	director	44 HERSHA DRIVE, HARRISBURG PA 17102
Dianna Morgan	director	909 SILVER LAKE BLVD, DOVER DE 19904
Ifis Ltd	10 percent owner	FLORIDA 537, PISO 18?, BUENOS AIRES C1 C1005AAK
Eduardo S Elsztain	10 percent owner, other: Former Director	BOLIVAR 108 1??P, BUENOS AIRES C1 00000