Sotherly Hotels Balance Sheet Health
Financial Health criteria checks 3/6
Sotherly Hotels has a total shareholder equity of $47.5M and total debt of $326.5M, which brings its debt-to-equity ratio to 687.5%. Its total assets and total liabilities are $404.7M and $357.2M respectively. Sotherly Hotels's EBIT is $18.8M making its interest coverage ratio 1.1. It has cash and short-term investments of $29.3M.
Key information
687.5%
Debt to equity ratio
US$326.45m
Debt
Interest coverage ratio | 1.1x |
Cash | US$29.29m |
Equity | US$47.48m |
Total liabilities | US$357.21m |
Total assets | US$404.69m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCL0's short term assets ($52.2M) exceed its short term liabilities ($27.9M).
Long Term Liabilities: MCL0's short term assets ($52.2M) do not cover its long term liabilities ($329.3M).
Debt to Equity History and Analysis
Debt Level: MCL0's net debt to equity ratio (625.8%) is considered high.
Reducing Debt: MCL0's debt to equity ratio has increased from 492.9% to 687.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MCL0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCL0 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.4% per year.