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Pebblebrook Hotel Trust (FRA:PD0) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Pebblebrook Hotel Trust Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Pebblebrook Hotel Trust's Operating Income for the three months ended in Mar. 2024 was €-5 Mil. Pebblebrook Hotel Trust's Interest Expense for the three months ended in Mar. 2024 was €-24 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Pebblebrook Hotel Trust's Interest Coverage or its related term are showing as below:

FRA:PD0' s Interest Coverage Range Over the Past 10 Years
Min: 0.52   Med: 3.05   Max: 3.71
Current: 0.56


FRA:PD0's Interest Coverage is ranked worse than
94.97% of 676 companies
in the REITs industry
Industry Median: 2.985 vs FRA:PD0: 0.56

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Pebblebrook Hotel Trust Interest Coverage Historical Data

The historical data trend for Pebblebrook Hotel Trust's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Pebblebrook Hotel Trust Interest Coverage Chart

Pebblebrook Hotel Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 - - 1.18 0.52

Pebblebrook Hotel Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage 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 - 1.34 1.22 - -

Competitive Comparison of Pebblebrook Hotel Trust's Interest Coverage

For the REIT - Hotel & Motel subindustry, Pebblebrook Hotel Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Pebblebrook Hotel Trust's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pebblebrook Hotel Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pebblebrook Hotel Trust's Interest Coverage falls into.



Pebblebrook Hotel Trust Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pebblebrook Hotel Trust's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Pebblebrook Hotel Trust's Interest Expense was €-99 Mil. Its Operating Income was €52 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,999 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*51.57/-98.629
=0.52

Pebblebrook Hotel Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Pebblebrook Hotel Trust's Interest Expense was €-24 Mil. Its Operating Income was €-5 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,285 Mil.

Pebblebrook Hotel Trust did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Pebblebrook Hotel Trust  (FRA:PD0) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Pebblebrook Hotel Trust Interest Coverage Related Terms

Thank you for viewing the detailed overview of Pebblebrook Hotel Trust's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Pebblebrook Hotel Trust (FRA:PD0) Business Description

Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1100, Bethesda, MD, USA, 20814
Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 12,134 rooms across 47 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 U.S. hotels, in December 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

Pebblebrook Hotel Trust (FRA:PD0) Headlines

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