Sunstone Hotel Investors Balance Sheet Health
Financial Health criteria checks 4/6
Sunstone Hotel Investors has a total shareholder equity of $2.2B and total debt of $814.4M, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are $3.1B and $980.8M respectively. Sunstone Hotel Investors's EBIT is $111.9M making its interest coverage ratio 3. It has cash and short-term investments of $402.7M.
Key information
37.7%
Debt to equity ratio
US$814.41m
Debt
Interest coverage ratio | 3x |
Cash | US$402.74m |
Equity | US$2.16b |
Total liabilities | US$980.80m |
Total assets | US$3.14b |
Recent financial health updates
No updates
Recent updates
Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting
Feb 24Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?
Dec 09Sunstone Hotel Investors: I'm Still A Buyer Of The 7.5% Yielding Preferred Shares
Aug 08Sunstone Hotel Q4 2022 Earnings Preview
Feb 21Sunstone Hotel Q3 2022 Earnings Preview
Nov 07Sunstone Hotel resumes dividend, goes ex-dividend tomorrow
Sep 28Sunstone Hotel occupancy, ADR, RevPAR slide in August vs. July
Sep 14Sunstone Hotel gains after Blackstone takes stake in 13-F filing
Aug 16Sunstone Hotel GAAP FFO of $0.30 beats by $0.07, revenue of $251.28M beats by $27.15M
Aug 03Sunstone Hotel Investors completes $850M amended and restated credit agreement
Jul 27Sunstone Hotel Investors to replace Vonage in S&P SmallCap 600
Jul 19Sunstone Hotel Investors: An Important Revision
Mar 06Sunstone Hotel Investors Will Weather The Storm Thanks To Its Robust Balance Sheet
Dec 01Analysts Are More Bearish On Sunstone Hotel Investors, Inc. (NYSE:SHO) Than They Used To Be
Feb 17Financial Position Analysis
Short Term Liabilities: SHO's short term assets ($533.4M) exceed its short term liabilities ($160.3M).
Long Term Liabilities: SHO's short term assets ($533.4M) do not cover its long term liabilities ($820.5M).
Debt to Equity History and Analysis
Debt Level: SHO's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: SHO's debt to equity ratio has increased from 36% to 37.7% over the past 5 years.
Debt Coverage: SHO's debt is well covered by operating cash flow (23.3%).
Interest Coverage: SHO's interest payments on its debt are well covered by EBIT (3x coverage).