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
Hersha Hospitality: A Buyout Is A Good Time To Cash Out
Aug 29Hersha Hospitality Trust: Undervalued But Financial Performance A Concern
Jun 20Hersha Hospitality Trust: Resilient Portfolio With A Promising Future
Jun 12Hersha Hospitality FFO of $0.34 misses by $0.02, revenue of $96.47M in-line
Feb 15Hersha Hospitality declares $0.05 dividend & special dividend of $0.50 per common share
Dec 15Hersha Hospitality reinstates quarterly dividend
Sep 19Hersha Hospitality Trust to sell two West Coast properties for $125M
Sep 12Hersha Hospitality Trust refinances $500M credit facility
Aug 05Big Changes Have Made Hersha Hospitality Trust A Worthwhile Prospect
Jun 05Hersha Hospitality: Learn From My Falling In Love With A Stock
Jan 12Hersha Hospitality: Weighed Down By Debt, The Preferreds Are The Best Way To Tap Into Cash Flows
Oct 18Hersha Hospitality Trust: Improvements Are Encouraging
Jul 26Hersha Hospitality Trust (HT) Investor Presentation - Slideshow
Jun 09Hersha Hospitality FFO beats by $0.11, beats on revenue
Apr 28Is Hersha Hospitality Trust's (NYSE:HT) Shareholder Ownership Skewed Towards Insiders?
Feb 10
Financial Position Analysis
Short Term Liabilities: HT's short term assets ($183.6M) exceed its short term liabilities ($49.4M).
Long Term Liabilities: HT's short term assets ($183.6M) do not cover its long term liabilities ($601.7M).
Debt to Equity History and Analysis
Debt Level: HT's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: HT's debt to equity ratio has reduced from 113.7% to 79% over the past 5 years.
Debt Coverage: HT's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: HT's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/29 04:51 |
| End of Day Share Price | 2023/11/27 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
Hersha Hospitality Trust is covered by 24 analysts. 6 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 |
| John Kim | BMO Capital Markets Equity Research |