HT
Price:
$9.99
Market Cap:
$482.85M
Hersha Hospitality Trust (HT) functions as a self-managed real estate investment trust (REIT) within the hospitality sector. It holds and oversees a collection of premium, upscale, and lifestyle hotel properties strategically positioned in prominent urban centers and desirable vacation spots. The Trust's portfolio encompasses 49 hotels, collectively offering 7,774 rooms, situated across key markets including New York, Washington, D.C., Boston, Philadelphia, South Florida, and various selected areas on the West Coast. Its common stock is publicly traded on the New York Stock Exchange under the ticker symbol "HT."
Industry
REIT - Hotel & Motel
IPO Date
1999-01-21
Stock Exchange
NYSE
Ticker
HT
According to Hersha Hospitality Trust’s latest financial reports and current stock price. The company's current Current Ratio is 3.05. This represents a change of -12.61% compared to the average of 3.49 of the last 4 quarters.
The mean historical Current Ratio of Hersha Hospitality Trust over the last ten years is 1.10. The current 3.05 Current Ratio has changed 27.74% with respect to the historical average. Over the past ten years (40 quarters), HT's Current Ratio was at its highest in in the March 2023 quarter at 3.90. The Current Ratio was at its lowest in in the June 2015 quarter at 0.36.
Average
1.10
Median
0.65
Minimum
0.46
Maximum
3.05
Discovering the peaks and valleys of Hersha Hospitality Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 439.20%
Maximum Annual Current Ratio = 3.05
Minimum Annual Increase = -71.49%
Minimum Annual Current Ratio = 0.46
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 3.05 | 439.20% |
| 2021 | 0.57 | -15.51% |
| 2020 | 0.67 | 44.16% |
| 2019 | 0.46 | -16.18% |
| 2018 | 0.55 | -13.50% |
| 2017 | 0.64 | -71.49% |
| 2016 | 2.25 | 269.06% |
| 2015 | 0.61 | -11.64% |
| 2014 | 0.69 | -53.04% |
| 2013 | 1.47 | -56.61% |
The current Current Ratio of Hersha Hospitality Trust (HT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.43
5-year avg
1.06
10-year avg
1.10
Hersha Hospitality Trust’s Current Ratio is greater than Landsea Homes Corporation (2.88), greater than National Healthcare Properties, Inc. (0.58), greater than Healthcare Trust, Inc. (0.58), less than SITE Centers Corp. (3.25), greater than New York Mortgage Trust, Inc. (0), greater than Arlington Asset Investment Corp. 6.75% SR NT 25 (0.05), less than Broadmark Realty Capital Inc. (52.45), greater than Urstadt Biddle Properties Inc. (2.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.88 | $411.79M | |
| 0.58 | $635.39M | |
| 0.58 | $418.16M | |
| 3.25 | $253.45M | |
| 0 | $642.13M | |
| 0.05 | $631.38M | |
| 52.45 | $635.03M | |
| 2.02 | $832.17M |
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