RLJ Lodging Trust Balance Sheet Health
Financial Health criteria checks 1/6
RLJ Lodging Trust has a total shareholder equity of $2.4B and total debt of $2.2B, which brings its debt-to-equity ratio to 94.5%. Its total assets and total liabilities are $4.9B and $2.6B respectively. RLJ Lodging Trust's EBIT is $152.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $542.1M.
Key information
94.5%
Debt to equity ratio
US$2.22b
Debt
Interest coverage ratio | 1.9x |
Cash | US$542.09m |
Equity | US$2.35b |
Total liabilities | US$2.57b |
Total assets | US$4.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLJ.PRA's short term assets ($633.9M) exceed its short term liabilities ($584.3M).
Long Term Liabilities: RLJ.PRA's short term assets ($633.9M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: RLJ.PRA's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: RLJ.PRA's debt to equity ratio has increased from 63% to 94.5% over the past 5 years.
Debt Coverage: RLJ.PRA's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: RLJ.PRA's interest payments on its debt are not well covered by EBIT (1.9x coverage).