Ashford Hospitality Trust Balance Sheet Health
Financial Health criteria checks 2/6
Ashford Hospitality Trust has a total shareholder equity of $-224.3M and total debt of $3.4B, which brings its debt-to-equity ratio to -1514.2%. Its total assets and total liabilities are $3.5B and $3.7B respectively. Ashford Hospitality Trust's EBIT is $117.8M making its interest coverage ratio 0.3. It has cash and short-term investments of $178.9M.
Key information
-1,514.2%
Debt to equity ratio
US$3.40b
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$178.93m |
| Equity | -US$224.28m |
| Total liabilities | US$3.69b |
| Total assets | US$3.46b |
Recent financial health updates
Recent updates
Ashford: 16% Yielding Preferreds Won't Stop Paying Just Yet
Sep 13Ashford Hospitality Trust: Substantial Debt, No Dividends
Jun 29Ashford Hospitality Trust reports Q4 results
Feb 21Ashford Hospitality expects occupancy, RevPAR to slide in Q4
Jan 06Ashford Hospitality Trust declares $0.15 dividend
Dec 07Ashford Hospitality Trust GAAP EPS of -$0.73, revenue of $328.16M
Nov 01Ashford Hospitality Trust expects 29% RevPAR growth for Q3
Oct 11Ashford Hospitality Trust: Slow To Recover
Jul 28Ashford Hospitality Trust expects 73% Y/Y growth in Q2 RevPAR
Jul 07Ashford Hospitality: Flying Straight Into The Storm
May 06Ashford: How To Play The Bull Case
Dec 16Ashford Hospitality: Strong Quarter Offset By Three Primary Trends
Oct 27Ashford Hospitality's Consistency Forces Us To Upgrade This To Neutral
Sep 13Ashford Hospitality: Why Optimistic FCFs Don't Justify The Valuation
Jul 26Ashford Hospitality: Why This Is Not Remotely Like 2008-2010
Jul 18Ashford Hospitality: Unrelenting Euphoria Meets Exponential Supply
Jul 04Ashford Hospitality: Reopening Play With Too Many Downside Risks
Jun 07Ashford Hospitality Trust FFO beats by $0.43, misses on revenue
May 04Ashford Preferreds: Switch To Hersha
Jan 10Ashford Hospitality stock jumps 16% premarket after obtaining $200M loan
Dec 28Ashford Hospitality stock continues to fall after warning on potential bankruptcy
Dec 22Ashford Hospitality stock gains 27% in two days after Lincoln Park pact
Dec 09Ashford closes on preferred stock exchange, issuing ~38.4M new shares
Nov 25Ashford Hospitality to issue ~38M new shares in preferred exchange
Nov 23Ashford Hospitality Trust rallies on gaining NYSE compliance
Nov 20Hotel, retail, office, healthcare REIT stocks bounce
Nov 13Ashford Hospitality Trust:Bearish Thesis Gets More Credence
Oct 28Financial Position Analysis
Short Term Liabilities: AHT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AHT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AHT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AHT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 AHT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AHT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 34.7% per year.