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LaSalle Hotel Properties (LaSalle Hotel Properties) Financial Strength : 0 (As of Sep. 2018)


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What is LaSalle Hotel Properties Financial Strength?

LaSalle Hotel Properties has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

LaSalle Hotel Properties's Interest Coverage for the quarter that ended in Sep. 2018 was 5.12. LaSalle Hotel Properties's debt to revenue ratio for the quarter that ended in Sep. 2018 was 0.92. As of today, LaSalle Hotel Properties's Altman Z-Score is 1.91.


Competitive Comparison of LaSalle Hotel Properties's Financial Strength

For the REIT - Hotel & Motel subindustry, LaSalle Hotel Properties's Financial Strength, along with its competitors' market caps and Financial Strength 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.


LaSalle Hotel Properties's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LaSalle Hotel Properties's Financial Strength distribution charts can be found below:

* The bar in red indicates where LaSalle Hotel Properties's Financial Strength falls into.



LaSalle Hotel Properties Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

LaSalle Hotel Properties's Interest Expense for the months ended in Sep. 2018 was $-10 Mil. Its Operating Income for the months ended in Sep. 2018 was $51 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $1,078 Mil.

LaSalle Hotel Properties's Interest Coverage for the quarter that ended in Sep. 2018 is

Interest Coverage=-1*Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*51.446/-10.044
=5.12

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

LaSalle Hotel Properties's Debt to Revenue Ratio for the quarter that ended in Sep. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1078.44) / 1169.64
=0.92

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

LaSalle Hotel Properties has a Z-score of 1.91, indicating it is in Grey Zones. This implies that LaSalle Hotel Properties is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 1.91 is in grey area. The implies that the company is in some kind of financial stress. If it is below 1.8, the company may faces bankrupcy risk.

* 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.


LaSalle Hotel Properties  (NYSE:LHOpJ.PFD) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

LaSalle Hotel Properties has the Financial Strength Rank of 0.


LaSalle Hotel Properties Financial Strength Related Terms

Thank you for viewing the detailed overview of LaSalle Hotel Properties's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Executives
Jeffrey L Martin director 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Kenneth G Fuller officer: EVP, CFO, Secretary, Treasurer 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Denise M Coll director 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Jeffrey T. Foland director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666
Bruce A Riggins officer: CFO, EVP and Secretary 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Alfred L. Young officer: EVP and COO 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Julio E Morales officer: Chief Accounting Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Jon E Bortz director, officer: Chairman, President and CEO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Leonard Darryl Hartley director PGI, 44 CANAL CENTER PLAZA SECOND FL, ALEXANDRIA VA 22314
Stuart L Scott director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
William S Mccalmont director 3300 DREXEL, DALLAS TX 75205
Michael D Barnello officer: Chief Operating Officer LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Donald S Perkins director 1319 MARQUETTE DR, ROMEOVILLE IL 60441
Kelly L Kuhn director 84 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112

LaSalle Hotel Properties (LaSalle Hotel Properties) Headlines

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