La Quinta Holdings swings to fourth-quarter loss on a YOY basis
Source: IRIS | 01 Mar, 2017, 05.05PM
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Rating: NAN / 5 stars. |
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Debt remains almost stable La Quinta Holdings Inc has recorded a decline in total debt over the last one year. It stood at $1,699.95 million as on Dec. 31, 2016, down 0.71 percent or $12.15 million from $1,712.10 million on Dec. 31, 2015. Total debt was 58.77 percent of total assets as on Dec. 31, 2016, compared with 57.34 percent on Dec. 31, 2015. Debt to equity ratio was at 2.58 as on Dec. 31, 2016, up from 2.29 as on Dec. 31, 2015. Interest coverage ratio deteriorated to 1.09 for the quarter from 1.32 for the same period last year.
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