Chatham Lodging Trust (Chatham Lodging Trust) Debt-to-EBITDA : 10.19 (As of Dec. 2023)

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What is Chatham Lodging Trust Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Chatham Lodging Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Chatham Lodging Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $504.9 Mil. Chatham Lodging Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $49.6 Mil. Chatham Lodging Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.19.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Chatham Lodging Trust's Debt-to-EBITDA or its related term are showing as below:

CLDT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.54 Med: 5.55 Max: 164.89
Current: 5.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chatham Lodging Trust was 164.89. The lowest was 4.54. And the median was 5.55.

CLDT's Debt-to-EBITDA is ranked better than
62.43% of 511 companies
in the REITs industry
Industry Median: 7.23 vs CLDT: 5.83

Chatham Lodging Trust Debt-to-EBITDA Historical Data

The historical data trend for Chatham Lodging Trust's Debt-to-EBITDA 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.

Chatham Lodging Trust Debt-to-EBITDA Chart

Chatham Lodging Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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6.18

164.89

9.70

5.18

5.83

Chatham Lodging Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															6.57	7.99	4.03	4.41	10.19

Competitive Comparison of Chatham Lodging Trust's Debt-to-EBITDA

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Chatham Lodging Trust's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chatham Lodging Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chatham Lodging Trust's Debt-to-EBITDA falls into.

Chatham Lodging Trust Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Chatham Lodging Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	504.885)	/	86.66
	=	5.83

Chatham Lodging Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	504.885)	/	49.556
	=	10.19

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

Chatham Lodging Trust (NYSE:CLDT) Debt-to-EBITDA Explanation

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Chatham Lodging Trust Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Chatham Lodging Trust's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chatham Lodging Trust (NYSE:CLDT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401

Website

https://www.chathamlodgingtrust.com

Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.

Executives

Ethel Issacs Williams	director	222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven	officer: EVP & Chief Financial Officer	850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher	director, officer: Chairman, President and CEO	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen	director	10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter	director	THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith	director	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins	director	3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis	officer: EVP & Chief Investment Officer	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr	director	C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner	officer: Chief Financial Officer	8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust	officer: Chief Financial Officer	222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans	director	50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger	director
Julio E Morales	officer: EVP, Chief Financial Officer	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker	director	433 PLAZA REAL STE 335, BOCA RATON FL 33432