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IHT (InnSuites Hospitality Trust) Debt-to-Equity : 2.22 (As of Jul. 2024)


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What is InnSuites Hospitality Trust Debt-to-Equity?

InnSuites Hospitality Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $1.10 Mil. InnSuites Hospitality Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $11.11 Mil. InnSuites Hospitality Trust's Total Stockholders Equity for the quarter that ended in Jul. 2024 was $5.50 Mil. InnSuites Hospitality Trust's debt to equity for the quarter that ended in Jul. 2024 was 2.22.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for InnSuites Hospitality Trust's Debt-to-Equity or its related term are showing as below:

IHT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 1.72   Max: 28.11
Current: 2.22

During the past 13 years, the highest Debt-to-Equity Ratio of InnSuites Hospitality Trust was 28.11. The lowest was 0.20. And the median was 1.72.

IHT's Debt-to-Equity is ranked worse than
90.54% of 708 companies
in the REITs industry
Industry Median: 0.78 vs IHT: 2.22

InnSuites Hospitality Trust Debt-to-Equity Historical Data

The historical data trend for InnSuites Hospitality Trust's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

InnSuites Hospitality Trust Debt-to-Equity Chart

InnSuites Hospitality Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.81 1.50 1.88 1.94

InnSuites Hospitality Trust Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 1.88 1.94 1.99 2.22

Competitive Comparison of InnSuites Hospitality Trust's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, InnSuites Hospitality Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


InnSuites Hospitality Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, InnSuites Hospitality Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where InnSuites Hospitality Trust's Debt-to-Equity falls into.



InnSuites Hospitality Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

InnSuites Hospitality Trust's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

InnSuites Hospitality Trust's Debt to Equity Ratio for the quarter that ended in Jul. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


InnSuites Hospitality Trust  (AMEX:IHT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


InnSuites Hospitality Trust Debt-to-Equity Related Terms

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InnSuites Hospitality Trust Business Description

Traded in Other Exchanges
N/A
Address
1730 E. Northern Avenue, Suite 122, InnSuites Hotels Centre, Phoenix, AZ, USA, 85020
InnSuites Hospitality Trust is a real estate investment trust. It is engaged in the ownership and operation of hotel properties. It owns and operates hotels, provides management services for hotels, and also provides trademark license services. The Trust is also involved in various operations incidental to the operation of hotels, such as the operation of restaurants, meeting/banquet room rentals, and the operation of a reservation system. It has one reportable segment Hotel Operations & Hotel Management Services.
Executives
James F Wirth director, 10 percent owner, officer: President, other: Chairman and CEO 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Jr Chase director 10202 NORTH 15TH AVENUE, APT #2, PHOENIX AZ 85021
Pamela J Barnhill officer: President and COO C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Cynthia Ketcherside director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE #105, PHEONIX AZ 85020
Adam B Remis officer: Chief Financial Officer C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Leslie T Kutasi director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Robert R. Mazakis officer: Principal Accounting Officer C/O INNSUITES HOTELS CENTRE, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020-3960
Steven S Robson director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Larry Pelegrin director 5143 E. SIERRA SUNSET TRAIL, CAVE CREEK AZ 85331
Peter A Thoma director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Mason Anderson director 3024 WEST SAHUARO DRIVE, PHOENIX AZ 85029
Marc E Berg director, officer: Executive Vice President, other: Secretary and Treasurer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Gail J Wirth 10 percent owner 1615 E NORTHERN AVE, STE 105, PHOENIX AZ 85020
Anthony B Waters officer: Chief Financial Officer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020