Sotherly Hotels Balance Sheet Health
Financial Health criteria checks 1/6
Sotherly Hotels has a total shareholder equity of $50.2M and total debt of $321.4M, which brings its debt-to-equity ratio to 640.2%. Its total assets and total liabilities are $401.7M and $351.5M respectively. Sotherly Hotels's EBIT is $19.9M making its interest coverage ratio 1.1. It has cash and short-term investments of $18.9M.
Key information
640.2%
Debt to equity ratio
US$321.39m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$18.90m |
| Equity | US$50.20m |
| Total liabilities | US$351.53m |
| Total assets | US$401.73m |
Recent financial health updates
Recent updates
Sotherly Hotels reports Q2 results
Aug 11Sotherly Hotels preliminary Q2 operating metrics improve amid comeback in demand
Jul 06Sotherly Hotels: Outlook Uncertain, Binary Payoff Almost Guaranteed
May 16Sotherly Hotels: Starting To Look Interesting
Sep 20Sotherly Hotels: A Binary Play On A Small Hotel Owner
Jun 17Sotherly Hotels (NASDAQ:SOHO) Share Prices Have Dropped 47% In The Last Three Years
Feb 11
Sotherly Hotels issues senior notes in $20M financing
Dec 31Sotherly Hotels reports Q3 results
Nov 09Will Sotherly Hotels Survive Armageddon
Oct 29Financial Position Analysis
Short Term Liabilities: SOHO's short term assets ($50.5M) exceed its short term liabilities ($27.9M).
Long Term Liabilities: SOHO's short term assets ($50.5M) do not cover its long term liabilities ($323.6M).
Debt to Equity History and Analysis
Debt Level: SOHO's net debt to equity ratio (602.5%) is considered high.
Reducing Debt: SOHO's debt to equity ratio has increased from 346.9% to 640.2% 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: Insufficient data to determine if SOHO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SOHO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.