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Ashford Hospitality Trust (Ashford Hospitality Trust) Debt-to-EBITDA : 7.78 (As of Dec. 2023)


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What is Ashford Hospitality Trust Debt-to-EBITDA?

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

Ashford Hospitality Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Ashford Hospitality Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,459.31 Mil. Ashford Hospitality Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $444.77 Mil. Ashford Hospitality Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 7.78.

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

AHTpD.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -28.08   Med: 10.14   Max: 35.75
Current: 9.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ashford Hospitality Trust was 35.75. The lowest was -28.08. And the median was 10.14.

AHTpD.PFD's Debt-to-EBITDA is ranked worse than
63.41% of 511 companies
in the REITs industry
Industry Median: 7.15 vs AHTpD.PFD: 9.25

Ashford Hospitality Trust Debt-to-EBITDA Historical Data

The historical data trend for Ashford 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.

Ashford Hospitality Trust Debt-to-EBITDA Chart

Ashford Hospitality Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.68 -28.08 35.75 13.27 9.25

Ashford Hospitality 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-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 15.56 14.05 8.25 11.33 7.78

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

For the REIT - Hotel & Motel subindustry, Ashford 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.


Ashford Hospitality Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Ashford Hospitality Trust Debt-to-EBITDA Calculation

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

Ashford Hospitality Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3459.305) / 374.121
=9.25

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3459.305) / 444.772
=7.78

* 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 (Dec. 2023) EBITDA data.


Ashford Hospitality Trust  (NYSE:AHTpD.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.


Ashford Hospitality Trust Debt-to-EBITDA Related Terms

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


Ashford Hospitality Trust (Ashford Hospitality Trust) Business Description

Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Hospitality Trust Inc. is a real estate investment trust that invests in full-service upscale and upper-upscale hotel properties in the U.S. The company owns and operates its assets through its operating partnership, Ashford Hospitality Limited Partnership. All of its hotels are located across the U.S. and operate under the Marriott, Hilton, Hyatt, Crowne Plaza, and Sheraton brands. Ashford's sole segment is Direct Hotel Investments, through which it owns hotels by acquisition or development. Ashford also provides rest estate investment services, such as mezzanine financing, first mortgage financing, and sales-leaseback transactions. Its revenue streams include Room revenue, Food and beverage revenue, and Other revenue. Room revenue accounts for the majority of total revenue.