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Hersha Hospitality Trust (Hersha Hospitality Trust) Debt-to-EBITDA : 5.49 (As of Sep. 2023)


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What is Hersha Hospitality Trust Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hersha Hospitality Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Hersha Hospitality Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $601.69 Mil. Hersha Hospitality Trust's annualized EBITDA for the quarter that ended in Sep. 2023 was $109.66 Mil. Hersha Hospitality Trust's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 5.49.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hersha Hospitality Trust's Debt-to-EBITDA or its related term are showing as below:

HTpC.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -44.44   Med: 5.75   Max: 12.05
Current: 4.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hersha Hospitality Trust was 12.05. The lowest was -44.44. And the median was 5.75.

HTpC.PFD's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.21 vs HTpC.PFD: 4.44

Hersha Hospitality Trust Debt-to-EBITDA Historical Data

The historical data trend for Hersha Hospitality Trust's Debt-to-EBITDA 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-EBITDA Chart

Hersha Hospitality Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.46 8.13 -44.44 12.05 2.28

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-EBITDA 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 1.00 2.73 9.96 4.65 5.49

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

For the REIT - Hotel & Motel subindustry, Hersha Hospitality Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA Distribution in the REITs Industry

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

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



Hersha Hospitality Trust Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hersha Hospitality Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 648.888) / 285.075
=2.28

Hersha Hospitality Trust's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 601.689) / 109.656
=5.49

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2023) EBITDA data.


Hersha Hospitality Trust  (NYSE:HTpC.PFD) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hersha Hospitality Trust Debt-to-EBITDA Related Terms

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


Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

Traded in Other Exchanges
N/A
Address
44 Hersha Drive, Harrisburg, PA, USA, 17102
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.