Sotherly Hotels Balance Sheet Health
Financial Health criteria checks 3/6
Sotherly Hotels has a total shareholder equity of $47.9M and total debt of $317.5M, which brings its debt-to-equity ratio to 662.9%. Its total assets and total liabilities are $393.4M and $345.5M respectively. Sotherly Hotels's EBIT is $18.7M making its interest coverage ratio 1.1. It has cash and short-term investments of $17.1M.
Key information
662.9%
Debt to equity ratio
US$317.53m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$17.10m |
| Equity | US$47.90m |
| Total liabilities | US$345.54m |
| Total assets | US$393.44m |
Recent financial health updates
No 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 ($38.5M) exceed its short term liabilities ($35.4M).
Long Term Liabilities: SOHO's short term assets ($38.5M) do not cover its long term liabilities ($310.1M).
Debt to Equity History and Analysis
Debt Level: SOHO's net debt to equity ratio (627.2%) is considered high.
Reducing Debt: SOHO's debt to equity ratio has increased from 472.5% to 662.9% 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 SOHO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SOHO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.3% per year.