DiamondRock Hospitality (DRH) Debt Metrics
Market Cap: $1.60B
Avg Volume: 2.09M
Industry: REIT - Hotel & Motel
Sector: Real Estate
How much debt does DiamondRock Hospitality have?
According to DiamondRock Hospitality's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
DiamondRock Hospitality's total debt stands at $1.18B. This is broken down into:
- Long-term debt: $-
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-81.38M. In terms of overall financial obligations, DiamondRock Hospitality's total liabilities amount to $1.57B.
Debt Ratios and Metrics
To better understand DiamondRock Hospitality's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.74 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 37.21% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 1.69 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 42.61% - this indicates the total debt in the company's capital structure.
These metrics provide insight into DiamondRock Hospitality's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.18B
Long-term Debt
$-
Short-term Debt
$-
Net Debt
$-81.38M
Total Liabilities
$1.57B
Interest Coverage
1.69
Debt to Equity Ratio
0.74
Debt Ratio
37.21%
DiamondRock Hospitality Historical Debt Metrics
DiamondRock Hospitality Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.18B | $- | $- | $-81.38M | $1.57B | 0.74 | 37.21% | 1.69 | 0.00% | 42.61% |
| 2023 | $1.29B | $1.29B | $- | $1.17B | $1.59B | 0.79 | 39.83% | 4.01 | 41.75% | 43.99% |
| 2022 | $1.30B | $1.30B | $- | $1.23B | $1.61B | 0.82 | 40.43% | 4.14 | 42.72% | 44.92% |
| 2021 | $1.18B | $1.09B | $- | $1.14B | $1.44B | 0.78 | 39.65% | -0.79 | 39.21% | 43.69% |
| 2020 | $1.15B | $1.14B | $15.32M | $1.04B | $1.43B | 0.67 | 36.66% | -3.64 | 37.65% | 40.27% |
| 2019 | $1.19B | $1.12B | $69.12M | $1.07B | $1.50B | 0.62 | 34.85% | 2.19 | 34.80% | 38.43% |
| 2018 | $977.97M | $977.97M | $- | $934.10M | $1.31B | 0.52 | 30.58% | 2.56 | 34.18% | 34.18% |
| 2017 | $937.79M | $937.79M | $- | $754.22M | $1.27B | 0.51 | 30.24% | 3.63 | 33.84% | 33.84% |
| 2016 | $920.54M | $920.54M | $- | $677.44M | $1.23B | 0.50 | 29.99% | 3.77 | 33.39% | 33.39% |
| 2015 | $1.18B | $1.17B | $- | $964.11M | $1.50B | 0.65 | 35.47% | 2.76 | 39.07% | 39.23% |
Related Metrics
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