Ashford Hospitality Trust Inc (AHT) Financial Statements (2024 and earlier)

Company Profile

Business Address 14185 DALLAS PARKWAY SUITE 1100
DALLAS, TX 75254
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments417,064592,11092,905262,636341,026381,731
Cash and cash equivalents417,064592,11092,905262,636319,210354,805
Short-term investments     21,81626,926
Inventory, net of allowances, customer advances and progress billings3,8563,2912,4474,3464,2244,244
Inventory3,8563,2912,4474,3464,2244,244
Deferred costs 3,1713,2563,4724,8114,571 
Disposal group, including discontinued operation     78
Total current assets:424,091598,65798,824271,793349,821386,053
Noncurrent Assets
Operating lease, right-of-use asset43,92144,57545,00849,995
Property, plant and equipment  3,230,7103,426,9824,108,4434,105,2194,035,915
Long-term investments and receivables19,57611,2532,8112,8294,4892,955
Long-term investments19,57611,2532,8112,8294,4892,955
Intangible assets, net (including goodwill) 7977977979,8249,943
Intangible assets, net (excluding goodwill) 7977977979,8249,943
Total noncurrent assets:63,4973,287,3353,475,5984,162,0644,119,5324,048,813
Other undisclosed assets3,429,789212,151159,961257,491216,601234,984
TOTAL ASSETS:3,917,3774,098,1433,734,3834,691,3484,685,9544,669,850
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue 18,30016,800  
Total current liabilities: 18,30016,800    
Noncurrent Liabilities
Liabilities, other than long-term debt    1,123  
Deferred income tax liabilities    1,123
Total noncurrent liabilities:    1,123  
Other undisclosed liabilities4,025,8684,061,2553,994,8874,351,0894,152,1063,920,582
Total liabilities:4,044,1684,078,0553,994,8874,352,2124,152,1063,920,582
Temporary equity, carrying amount21,55022,74222,95169,87080,743116,122
Equity
Equity, attributable to parent, including:(150,454)(2,654)(283,621)268,762452,489632,500
Common stock3453456441,0211,010974
Additional paid in capital2,383,2442,379,9061,808,8751,825,5531,814,2731,784,997
Accumulated deficit(2,534,043)(2,382,970)(2,093,292)(1,558,038)(1,363,020)(1,153,697)
Other undisclosed equity, attributable to parent 65152226226226
Equity, attributable to noncontrolling interest  166504616646
Other undisclosed equity 65     
Total equity:(150,389)(2,654)(283,455)269,266453,105633,146
Other undisclosed liabilities and equity2,048     
TOTAL LIABILITIES AND EQUITY:3,917,3774,098,1433,734,3834,691,3484,685,9544,669,850

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,240,859805,411508,2381,502,7591,430,7891,439,270
Revenue, net1,439,270
Cost of revenue(953,228)(697,023)(564,391)(1,100,416)(1,048,059)(1,033,159)
Cost of goods and services sold(835,993)(576,806)(434,672)(952,674)(900,582)(907,301)
Gross profit:287,631108,388(56,153)402,343382,730406,111
Operating expenses(211,676)(235,004)(372,534)(313,740)(292,791)(271,106)
Other undisclosed operating income (loss)3001,449(36,680)26,126475 
Operating income (loss):76,255(125,167)(465,367)114,72990,414135,005
Nonoperating income (expense)20,358967(16,326)13,5574,016(1,220)
Investment income, nonoperating19,9432076723,0673,9522,202
Other nonoperating income (expense)415760(16,998)10,49064(3,422)
Interest and debt expense(230,531)(154,835)(247,381)(264,842)(245,633)(225,476)
Loss from continuing operations before equity method investments, income taxes:(133,918)(279,035)(729,074)(136,556)(151,203)(91,691)
Income (loss) from equity method investments(804)(558)(448)(2,307)867(5,866)
Other undisclosed income (loss) from continuing operations before income taxes 14,49394,965(2,598)(3,191)6,579
Loss from continuing operations before income taxes:(134,722)(265,100)(634,557)(141,461)(153,527)(90,978)
Income tax expense (benefit)(6,336)(5,948)1,335(1,218)(2,782)2,218
Loss from continuing operations:(141,058)(271,048)(633,222)(142,679)(156,309)(88,760)
Loss before gain (loss) on sale of properties:(271,048)(633,222)(142,679)(156,309)(88,760)
Net loss:(141,058)(271,048)(633,222)(142,679)(156,309)(88,760)
Net income attributable to noncontrolling interest  73338 30110
Other undisclosed net income attributable to parent1,2333,97089,00829,04429,31321,642
Net loss attributable to parent:(139,825)(267,005)(543,876)(113,635)(126,966)(67,008)
Preferred stock dividends and other adjustments(13,379)(252)(32,117)(42,577)(42,577)(44,761)
Other undisclosed net income (loss) available to common stockholders, basic  (607)55,477  (10,799)
Net loss available to common stockholders, diluted:(153,204)(267,864)(520,516)(156,212)(169,543)(122,568)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(141,058)(271,048)(633,222)(142,679)(156,309)(88,760)
Comprehensive loss:(141,058)(271,048)(633,222)(142,679)(156,309)(88,760)
Comprehensive income, net of tax, attributable to noncontrolling interest  7333811230110
Other undisclosed comprehensive income, net of tax, attributable to parent1,2333,97089,00828,93229,31321,642
Comprehensive loss, net of tax, attributable to parent:(139,825)(267,005)(543,876)(113,635)(126,966)(67,008)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: