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Hersha Hospitality Trust  (HT)
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Hersha Hospitality Trust's Quick Ratio

HT's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 3.69 above Hersha Hospitality Trust average.

Within Real Estate Investment Trusts industry 15 other companies have achieved higher Quick Ratio than Hersha Hospitality Trust in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 236 to 514.

Explain Quick Ratio?
How much Cash & cash equivalents HT´s has?
What are HT´s Current Liabilities?


HT Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -14.96 % -8.04 % 5.67 % 2.18 % -11.96 %
Y / Y Cash & cash equivalent Change 55.03 % 61.96 % 149.94 % 211.41 % 32.32 %
Quick Ratio MRQ 3.69 3.97 4.68 5.1 2.03
HT's Total Ranking # 514 # 236 # 21 # 271 # 1261
Seq. Current Liabilities Change 10.41 % -13.26 % -6.37 % -5.17 % 19.4 %
Seq. Cash & cash equivalent Change 2.64 % -26.44 % -13.95 % 138.63 % 7.23 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Real Estate Investment Trusts Industry # 16
Financial Sector # 87
Overall Market # 514


Quick Ratio Statistics
High Average Low
5.1 1.45 0.2
(Dec 31 2022)   (Sep 30 2020)




Financial Statements
Hersha Hospitality Trust's Current Liabilities $ 40 Millions Visit HT's Balance sheet
Hersha Hospitality Trust's Cash & cash equivalent $ 146 Millions Visit HT's Balance sheet
Source of HT's Sales Visit HT's Sales by Geography


Cumulative Hersha Hospitality Trust's Quick Ratio

HT's Quick Ratio for the trailling 12 Months

HT Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -14.96 % -8.04 % 5.67 % 2.18 % -11.96 %
Y / Y Cash & cash equivalent TTM Growth 55.03 % 61.96 % 149.94 % 211.41 % 32.32 %
Quick Ratio TTM 4.39 3.9 3.51 2.87 1.98
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth 10.41 % -13.26 % -6.37 % -5.17 % 19.4 %
Seq. Cash & cash equivalent TTM Growth 2.64 % -26.44 % -13.95 % 138.63 % 7.23 %


On the trailing twelve months basis HT Cash & cash equivalent soared by 55.03 % in III Quarter 2023 year on year, while Current Liabilities increased to $40 millions, this led to increase in in Hersha Hospitality Trust's Quick Ratio to 4.39, above HT average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Real Estate Investment Trusts industry 15 other companies have achieved higher Quick Ratio than Hersha Hospitality Trust. While Quick Ratio overall ranking has improved so far to 562, from total ranking during the twelve months ending second quarter 2023 at 607.

Explain Quick Ratio?
How much Cash & cash equivalents HT´s has?
What are HT´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Real Estate Investment Trusts Industry # 16
Financial Sector # 87
Within the Market # 514


trailing twelve months Quick Ratio Statistics
High Average Low
5.1 1.45 0.2
(Dec 31 2022)   (Sep 30 2020)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Real Estate Investment Trusts Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Lument Finance Trust Inc   9.32 $ 43.409  Millions$ 4.657  Millions
Diversified Healthcare Trust  8.68 $ 278.122  Millions$ 32.045  Millions
Summit Hotel Properties inc   8.04 $ 55.307  Millions$ 6.880  Millions
Bluerock Homes Trust Inc   7.48 $ 89.435  Millions$ 11.962  Millions
Lightstone Value Plus Reit V Inc   7.28 $ 55.413  Millions$ 7.609  Millions
Lightstone Value Plus Reit Ii Inc   7.16 $ 50.231  Millions$ 7.011  Millions
Terra Property Trust Inc   6.35 $ 26.297  Millions$ 4.139  Millions
Pacific Oak Strategic Opportunity Reit Inc   5.71 $ 129.557  Millions$ 22.706  Millions
Peakstone Realty Trust  4.53 $ 364.446  Millions$ 80.452  Millions
Transcontinental Realty Investors Inc   3.74 $ 181.367  Millions$ 48.502  Millions
Hersha Hospitality Trust  3.69 $ 146.145  Millions$ 39.589  Millions
Northstar Healthcare Income Inc   3.65 $ 87.581  Millions$ 23.967  Millions
Paramount Group Inc   3.65 $ 399.631  Millions$ 109.471  Millions
Sl green Realty corp  3.65 $ 533.693  Millions$ 146.332  Millions
Kkr Real Estate Finance Trust Inc   3.64 $ 108.038  Millions$ 29.716  Millions
Umh Properties Inc   3.48 $ 66.262  Millions$ 19.015  Millions
Global Self Storage Inc   3.42 $ 6.696  Millions$ 1.960  Millions
Generation Income Properties Inc   3.31 $ 4.338  Millions$ 1.312  Millions
Rlj Lodging Trust  3.28 $ 494.563  Millions$ 150.650  Millions
Netstreit Corp   3.23 $ 109.091  Millions$ 33.727  Millions
Retail Opportunity Investments Corp   3.18 $ 205.260  Millions$ 64.466  Millions
Acres Commercial Realty Corp   3.12 $ 64.440  Millions$ 20.665  Millions
Douglas Emmett Inc   3.11 $ 526.230  Millions$ 169.069  Millions
Brightspire Capital Inc   2.86 $ 236.197  Millions$ 82.464  Millions
Manhattan Bridge Capital Inc   2.82 $ 0.042  Millions$ 0.015  Millions
Gladstone Land Corp  2.58 $ 25.080  Millions$ 9.723  Millions
Nexpoint Real Estate Finance Inc   2.53 $ 761.451  Millions$ 301.414  Millions
Potlatchdeltic Corporation  2.52 $ 302.799  Millions$ 120.260  Millions
Lightstone Value Plus Reit I Inc   2.52 $ 47.601  Millions$ 18.921  Millions
Hines Global Income Trust Inc   2.46 $ 217.058  Millions$ 88.287  Millions

Date modified: 2023-11-12T10:26:10+00:00



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