Company Information

  

Address: 814 EAST MAIN STREET  
City: RICHMOND 
State: VA 
Zip Code: 23219 
Telephone: (804)344-8121 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

The Company, formed in November 2007 as a Virginia corporation, is a self-advised REIT that invests in income-producing real estate, primarily in the lodging sector, in the United States. The Company has elected to be treated as a REIT for federal income tax purposes. As of December 31, 2017, the Company owned 239 hotels with an aggregate of 30,322 rooms located in urban, high-end suburban and developing markets throughout 34 states. All of the Company's hotels operate under Marriott or Hilton brands. The hotels are operated and managed under separate management agreements with 23 hotel management companies, none of which are affiliated with the Company. The Company's common shares are listed on the New York Stock Exchange ("NYSE") under the ticker symbol "APLE." The Company has no foreign operations or assets and its operating structure includes only one reportable segment.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.850.10020.67
12/20170.820.10023.91
09/20171.020.10018.54
06/20170.800.10023.39
03/20170.710.10026.90
12/20160.760.10026.29
09/20160.480.10038.56
06/20160.690.10027.26

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.04Total Liab/Total Assets0.27
Net Inc/Total Assets0.04Total Liab/Inv Cap0.28
Net Inc/Inv Cap0.04Total Liab/Comm Equity0.29
Pretax Inc/Net Sales0.15Interest Coverage RatioNA
Net Inc/Net Sales0.15Curr Debt/Equity0.03
Cash Flow/Net Sales0.31LTD/Equity0.31
SG&A/NetSales0.24Total Debt/Equity0.34
Asset Utilization   Liquidity  
Net Receivables Turnover39.37Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.26  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 298.39 289.07 324.93 331.70
Cost of Goods Sold 123.79 122.13 129.05 128.03
Selling & Admin Exps 75.49 74.94 76.56 76.20
Operating Income 54.26 9.27 75.21 83.57
Interest Exp NA NA NA NA
Pretax Income 42.35 -2.17 63.03 87.87
Other Income NA 0.31 -0.16 NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 42.18 -2.30 62.82 87.61

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 31.44 29.79 30.30 28.24
Receivables - Total 57.24 31.46 52.35 57.68
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 4,829.78 4,793.16 4,742.59 4,770.88
Total Assets 4,973.37 4,902.34 4,913.89 4,904.57
Liabilities        
Accounts Payable 89.44 109.06 104.47 88.69
Debt in Current Liabilities 170.70 106.90 216.70 301.30
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,156.76 1,115.30 1,088.77 1,007.02
Total Liabilities 1,416.90 1,331.25 1,409.94 1,397.00
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 4,594.25 4,588.19 4,455.39 4,455.19
Retained Earnings -1,053.84 -1,026.88 -956.66 -952.58
Treasury Stock NA NA NA NA
Total Stockholders' Equity 3,556.47 3,571.09 3,503.95 3,507.57
Total Liabilities and Stockholders' Equity 4,973.37 4,902.34 4,913.89 4,904.57

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 52.86 104.23 124.20 120.14
Net Cash Provided by Investing Activities -86.49 -86.34 -54.30 16.94
Net Cash Provided by Financing Activities 35.27 -17.89 -69.91 -134.96

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013387.99115.22--
12/2014803.906.83--
12/2015898.31117.290.65
12/20161,041.03144.650.76
12/20171,238.62182.490.82
Growth Rates33.6712.18--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18260131,28757.00




Report Date : 7/16/2018

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