InnSuites Hospitality Trust Balance Sheet Health
Financial Health criteria checks 1/6
InnSuites Hospitality Trust has a total shareholder equity of $2.7M and total debt of $9.7M, which brings its debt-to-equity ratio to 366.1%. Its total assets and total liabilities are $15.7M and $13.0M respectively.
Key information
366.1%
Debt to equity ratio
US$9.72m
Debt
Interest coverage ratio | n/a |
Cash | US$1.33m |
Equity | US$2.65m |
Total liabilities | US$13.03m |
Total assets | US$15.68m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IHT's short term assets ($3.0M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: IHT's short term assets ($3.0M) do not cover its long term liabilities ($11.3M).
Debt to Equity History and Analysis
Debt Level: IHT's net debt to equity ratio (316.2%) is considered high.
Reducing Debt: IHT's debt to equity ratio has increased from 77.9% to 366.1% over the past 5 years.
Debt Coverage: IHT's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: Insufficient data to determine if IHT's interest payments on its debt are well covered by EBIT.