Sotherly Hotels Balance Sheet Health
Financial Health criteria checks 2/6
Sotherly Hotels has a total shareholder equity of $44.6M and total debt of $319.0M, which brings its debt-to-equity ratio to 715.7%. Its total assets and total liabilities are $415.0M and $370.4M respectively. Sotherly Hotels's EBIT is $20.4M making its interest coverage ratio 1.1. It has cash and short-term investments of $14.0M.
Key information
715.7%
Debt to equity ratio
US$318.97m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$14.02m |
| Equity | US$44.56m |
| Total liabilities | US$370.39m |
| Total assets | US$414.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCL0's short term assets ($42.0M) do not cover its short term liabilities ($48.5M).
Long Term Liabilities: MCL0's short term assets ($42.0M) do not cover its long term liabilities ($321.8M).
Debt to Equity History and Analysis
Debt Level: MCL0's net debt to equity ratio (684.3%) is considered high.
Reducing Debt: MCL0's debt to equity ratio has increased from 336.4% to 715.7% 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 7.9% per year.