DiamondRock Hospitality Balance Sheet Health
Financial Health criteria checks 1/6
DiamondRock Hospitality has a total shareholder equity of $1.7B and total debt of $1.1B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are $3.2B and $1.5B respectively. DiamondRock Hospitality's EBIT is $154.8M making its interest coverage ratio 2.5. It has cash and short-term investments of $75.3M.
Key information
66.2%
Debt to equity ratio
US$1.10b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$75.29m |
| Equity | US$1.66b |
| Total liabilities | US$1.52b |
| Total assets | US$3.18b |
Recent financial health updates
No updates
Recent updates
DiamondRock Hospitality: Wait For A Dip In The 8.25% Preferred Shares
Oct 20DiamondRock Hospitality: Solid Q2 Performance, Strategic Share Repurchases Signal Long-Term Potential
Aug 08DiamondRock 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 13Financial Position Analysis
Short Term Liabilities: DRH's short term assets ($287.7M) exceed its short term liabilities ($173.9M).
Long Term Liabilities: DRH's short term assets ($287.7M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: DRH's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: DRH's debt to equity ratio has increased from 60.7% to 66.2% over the past 5 years.
Debt Coverage: DRH's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: DRH's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
DiamondRock Hospitality Company is covered by 33 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Bellisario | Baird |
| Felicia Kantor Hendrix | Barclays |
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |