This company has been acquired
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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/29 03:37 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
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 |