SHO (Sunstone Hotel Investors) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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What is Sunstone Hotel Investors LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Sunstone Hotel Investors's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Sunstone Hotel Investors's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Sep. 2024 (0.08). It may suggest that Sunstone Hotel Investors is progressively becoming less dependent on debt to grow their business.

Sunstone Hotel Investors LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sunstone Hotel Investors's LT-Debt-to-Total-Asset 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.

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Sunstone Hotel Investors LT-Debt-to-Total-Asset Chart

Sunstone Hotel Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.26

0.20

0.24

Sunstone Hotel Investors Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.24	0.08	0.08	0.08

Sunstone Hotel Investors LT-Debt-to-Total-Asset Calculation

Sunstone Hotel Investors's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	757.244	/	3149.321
	=	0.24

Sunstone Hotel Investors's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	252.151	/	3116.541
	=	0.08

Sunstone Hotel Investors (NYSE:SHO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Sunstone Hotel Investors LT-Debt-to-Total-Asset Related Terms

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Sunstone Hotel Investors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunstone Hotel Investors Inc (NYSE:SHO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656

Website

https://www.sunstonehotels.com

Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. Its firm's portfolio consists upper upscale and luxury hotels located in convention, resort destination and urban markets. Its majority of the hotels operate under a brand owned by Marriott, Hilton, Hyatt, Four Seasons or Montage. It operates geographically in Califiornia which generates the majority of its revenue; Florida; and Hawaii. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.

Executives

Robert C Springer	officer: SVP - Acquisitions	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Aaron Robert Reyes	officer: Chief Financial Officer	200 SPECTRUM CENTER DRIVE, 21ST FLOOR, IRVINE CA 92618
Douglas M Pasquale	director	245 FICHER AVE STE D-1, COSTA MESA CA 92626
David M Klein	officer: SVP - General Counsel	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Verett Ann Mims	director	15 ENTERPRISE, SUITE 200, ALISO VIEJO CA 92656
Kristina M Leslie	director	DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Keith P Russell	director	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Christopher Gerard Ostapovicz	officer: Chief Operating Officer	200 SPECTRUM CENTER DRIVE, 21ST FLOOR, IRVINE CA 92618
Marc Andrew Hoffman	officer: EVP - Chief Operating Officer	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
W Blake Baird	director	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Monica S Digilio	director	ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Murray J. Mccabe	director	1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
John V Arabia	officer: Executive Vice President - CFO	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Bryan Albert Giglia	officer: SVP - Chief Financial Officer	200 SPECTRUM CENTER DRIVE, 21ST FLOOR, IRVINE CA 92618
Thomas A Lewis	director	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618