DiamondRock Hospitality Balance Sheet Health
Financial Health criteria checks 2/6
DiamondRock Hospitality has a total shareholder equity of $1.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are $3.2B and $1.6B respectively. DiamondRock Hospitality's EBIT is $149.8M making its interest coverage ratio 2.4. It has cash and short-term investments of $121.6M.
Key information
71.6%
Debt to equity ratio
US$1.18b
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$121.60m |
| Equity | US$1.65b |
| Total liabilities | US$1.59b |
| Total assets | US$3.24b |
Recent financial health updates
No updates
Recent updates
DiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 Months
Feb 01DiamondRock Hospitality: Undervalued Thanks To Room Pricing Strategies And Hotel Enhancements
Aug 16DiamondRock Hospitality FFO of $0.23 beats by $0.02, revenue of $255.1M beats by $3.56M
Feb 21DiamondRock Hospitality prelim Q4 comparable revenue up 23% on strong travel demand
Jan 11DiamondRock Hospitality: Low LTV Ratio Makes 7.6% Yielding Preferreds Appealing
Dec 28DiamondRock Hospitality declares $0.03 dividend
Dec 07DiamondRock Hospitality FFO of $0.28 beats by $0.02, revenue of $268.21M beats by $9.11M
Nov 03DiamondRock Hospitality announces $200M buyback plan
Sep 30DiamondRock Hospitality: An 8.8% Yield To Call With The Preferred Shares
Sep 24DiamondRock Hospitality dips dividend -76% to $0.03/shares
Sep 01DiamondRock Hospitality appoints Justin Leonard as EVP and COO
Jul 13DiamondRock Hospitality: Upside Exists If You Can Handle The Risk
Jun 04DiamondRock Hospitality offloads Frenchman's Reef to Fortress affiliate
May 06We think DiamondRock Hospitality Company's (NYSE:DRH) CEO May Struggle To See Much Of A Pay Rise This Year
Apr 29
Diamond Rock Hospitality named a 'Fresh Pick' at Baird as recovery unfolds
Apr 26Have DiamondRock Hospitality Company (NYSE:DRH) Insiders Been Selling Their Stock?
Mar 11Should You Review Recent Insider Transactions At DiamondRock Hospitality Company (NYSE:DRH)?
Feb 06
Financial Position Analysis
Short Term Liabilities: DRH's short term assets ($311.9M) exceed its short term liabilities ($45.7M).
Long Term Liabilities: DRH's short term assets ($311.9M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: DRH's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: DRH's debt to equity ratio has increased from 51.7% to 71.6% over the past 5 years.
Debt Coverage: DRH's debt is well covered by operating cash flow (20.1%).
Interest Coverage: DRH's interest payments on its debt are not well covered by EBIT (2.4x coverage).