RLJ Lodging Trust Balance Sheet Health
Financial Health criteria checks 1/6
RLJ Lodging Trust has a total shareholder equity of $2.3B and total debt of $2.2B, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are $4.9B and $2.6B respectively. RLJ Lodging Trust's EBIT is $142.1M making its interest coverage ratio 1.7. It has cash and short-term investments of $394.5M.
Key information
94.7%
Debt to equity ratio
US$2.22b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$394.53m |
| Equity | US$2.35b |
| Total liabilities | US$2.57b |
| Total assets | US$4.92b |
Recent financial health updates
No updates
Recent updates
RLJ Lodging Trust: I Don't Mind Locking In A 7.9% Yield
Jun 11RLJ Lodging Trust: I Like The 7.75% Yielding Preferred Shares
Mar 28RLJ Lodging Trust Remains Attractive, Despite Its Recent Rally
Jan 09Buy Undervalued RLJ Lodging Preferred Stock And Sell Pebblebrook Preferred Stocks
Jan 03RLJ Lodging Trust: Should You Lodge In The 8.2% Yielding Perpetual Preferreds?
Oct 22RLJ Lodging Trust: Undervalued With The Potential For Increased Dividends
Aug 29RLJ Lodging Trust declares $0.05 dividend
Dec 16RLJ Lodging Trust Has Become Exceptionally Cheap
Sep 23RLJ Lodging Trust declares $0.05 dividend
Sep 15RLJ Lodging Trust Is Becoming Interesting
Jul 11RLJ Lodging Trust: Travel Recovery Leads To Dividend Recovery
May 05RLJ Lodging Trust: A Great Stock To Buy If The Ukrainian Crisis Worsens
Mar 10RLJ Lodging Trust: Common Dividend Should Return Soon But Stick With Preferred
Dec 10RLJ Lodging Trust raises $500M to reduce indebtedness
Jun 11RLJ Lodging Trust 2021 Q1 - Results - Earnings Call Presentation
May 06Financial Position Analysis
Short Term Liabilities: RLJ's short term assets ($500.4M) exceed its short term liabilities ($375.2M).
Long Term Liabilities: RLJ's short term assets ($500.4M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: RLJ's net debt to equity ratio (77.9%) is considered high.
Reducing Debt: RLJ's debt to equity ratio has increased from 66.7% to 94.7% over the past 5 years.
Debt Coverage: RLJ's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: RLJ's interest payments on its debt are not well covered by EBIT (1.7x coverage).