Hersha Hospitality Trust Balance Sheet Health
Financial Health criteria checks 2/6
Hersha Hospitality Trust has a total shareholder equity of $737.4M and total debt of $582.4M, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are $1.4B and $651.1M respectively. Hersha Hospitality Trust's EBIT is $27.6M making its interest coverage ratio 0.9. It has cash and short-term investments of $159.9M.
Key information
79.0%
Debt to equity ratio
US$582.35m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$159.93m |
| Equity | US$737.36m |
| Total liabilities | US$651.10m |
| Total assets | US$1.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HT.PRC's short term assets ($183.6M) exceed its short term liabilities ($49.4M).
Long Term Liabilities: HT.PRC's short term assets ($183.6M) do not cover its long term liabilities ($601.7M).
Debt to Equity History and Analysis
Debt Level: HT.PRC's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: HT.PRC's debt to equity ratio has reduced from 113.7% to 79% over the past 5 years.
Debt Coverage: HT.PRC's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: HT.PRC's interest payments on its debt are not well covered by EBIT (0.9x coverage).