DiamondRock Hospitality (DRH) Debt Ratio (2011 - 2023)
DiamondRock Hospitality (DRH) recorded quarterly Debt Ratio of 0.25 in Q2 2023, down 1.27% quarter-over-quarter from 0.25 in Q1 2023, and up 289.73% on a YoY basis from 0.06 in Q2 2022.
DiamondRock Hospitality (DRH) Debt Ratio (2011 - 2023) Analysis & Trends
DiamondRock Hospitality's Debt Ratio history runs 13 years deep, the most recent figure standing at 0.25 for Q2 2023.
- In Q2 2023, Debt Ratio rose 289.73% year-over-year to 0.25; the TTM figure through Jun 2023 stood at 0.25 (up 289.73% YoY), while the FY2022 annual figure was 0.25, up 720.87% from the prior year.
- Debt Ratio was 0.25 for Q2 2023 at DiamondRock Hospitality, down from 0.25 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.25 in Q1 2023 to a low of 0.03 in Q4 2021.
- Historically, Debt Ratio has averaged 0.16 across 5 years, with a median of 0.17 in 2019.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio sank 83.95% in 2021, then jumped 720.87% in 2022.
- A 5-year view of Debt Ratio shows it stood at 0.18 in 2019, then gained by 5.12% to 0.19 in 2020, then tumbled by 83.95% to 0.03 in 2021, then surged by 720.87% to 0.25 in 2022, then retreated by 0.52% to 0.25 in 2023.
- The last three Debt Ratio figures came in at 0.25 (Q2 2023), 0.25 (Q1 2023), and 0.25 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 0.07 |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 0.04 |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | - |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | - |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | - |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | - |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | - |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | - |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | - |
| 10 | Chatham Lodging Trust | 558.19 Mn | 571.00 Mn | 67.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.25 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.20 |
| Jun 30, 2021 | 0.14 |
| Mar 31, 2021 | 0.20 |
| Dec 31, 2020 | 0.19 |
| Sep 30, 2020 | 0.12 |
| Mar 31, 2020 | 0.17 |
| Dec 31, 2019 | 0.18 |
| Sep 30, 2019 | 0.19 |
| Jun 30, 2019 | 0.11 |
| Mar 31, 2019 | 0.11 |
| Sep 30, 2018 | 0.09 |
| Jun 30, 2018 | 0.09 |
| Mar 31, 2018 | 0.10 |
| Dec 31, 2017 | 0.21 |