Apple Hospitality REIT, Inc.

NYSE:APLE Stock Report

Market Cap: US$3.7b

Apple Hospitality REIT Balance Sheet Health

Financial Health criteria checks 3/6

Apple Hospitality REIT has a total shareholder equity of $3.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are $5.0B and $1.7B respectively. Apple Hospitality REIT's EBIT is $272.1M making its interest coverage ratio 3.6. It has cash and short-term investments of $17.1M.

Key information

45.7%

Debt to equity ratio

US$1.51b

Debt

Interest coverage ratio3.6x
CashUS$17.09m
EquityUS$3.30b
Total liabilitiesUS$1.72b
Total assetsUS$5.02b

Recent financial health updates

No updates

Recent updates

Apple Hospitality: 6% Yield For This Excellent Hotel REIT

Dec 10

Apple Hospitality: My Top REIT For Income With Attractive Yield

Nov 06

Apple Hospitality REIT: Navigating Near-Term Volatility With Long-Term Gains In Sight

Oct 31

Apple Hospitality: Growing Cash Flows And 7% Dividend Make This A Buy

Aug 16

Apple Hospitality: Its Recovery Has Removed Any Opportunity

Jun 21

Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple

Feb 26

A Case Study On Leverage In Cyclical Sectors: Apple Hospitality

Feb 06

Apple Hospitality REIT: Harvesting A Steady Income Stream

Dec 12

Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade)

Nov 28

Hotel Income: 6% Monthly Dividends With Apple Hospitality

Oct 17

Apple Hospitality REIT: A Healthy Fruit

Aug 17

Apple Hospitality: A Solid Buy In Hotel REITs

Jul 30

Apple Hospitality: Strong Performance Ahead

Jul 10

Apple Hospitality REIT: Recovering Well With A 6.6% Dividend Yield

May 28

Apple Hospitality Q4 2022 Earnings Preview

Feb 20

Apple Hospitality REIT: Think Twice Before Taking A Bite

Feb 14

Apple Hospitality declares $0.08 dividend

Jan 20

Apple Hospitality declares $0.08 dividend, special dividend of $0.08

Dec 20

Financial Position Analysis

Short Term Liabilities: APLE's short term assets ($110.4M) exceed its short term liabilities ($108.0M).

Long Term Liabilities: APLE's short term assets ($110.4M) do not cover its long term liabilities ($1.6B).

Debt to Equity History and Analysis

Debt Level: APLE's net debt to equity ratio (45.2%) is considered high.

Reducing Debt: APLE's debt to equity ratio has increased from 40.6% to 45.7% over the past 5 years.

Debt Coverage: APLE's debt is well covered by operating cash flow (27%).

Interest Coverage: APLE's interest payments on its debt are well covered by EBIT (3.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apple Hospitality REIT, Inc. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael BellisarioBaird
Anthony PowellBarclays
Anthony PowellBarclays