Hersha Hospitality Trust HT NYSE

Hersha Hospitality Trust (HT) generated $20.87M in operating cash flow for quarter ending 2023-09-30. After capital expenditures of $8.71M, free cash flow was $12.16M.

Free cash flow margin was 13.2% of revenue. Cash conversion ratio was 21.92x, indicating earnings are backed by cash.

The company returned $8.44M in dividends to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (40/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (100/100) — Cash conversion ratio was 21.92x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 56/100 with 2/7 criteria passed.