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. As of December 31, 2016, the Company owned 235 hotels with an aggregate of 30,073 rooms located in urban, high-end suburban and developing markets throughout 33 states. All of the Company's hotels operate under Marriott or Hilton brands. The hotels are operated and managed under separate management agreements with 22 hotel management companies, none of which are affiliated with the Company. The Company has elected to be treated as a REIT for federal income tax purposes. The Company has wholly-owned taxable REIT subsidiaries, which lease all of the Company's hotels from wholly-owned qualified REIT subsidiaries. The Company's common shares are listed on the New York Stock Exchange ("NYSE") under the ticker symbol "APLE.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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
03/20160.610.10032.48
12/20150.650.10030.72

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.03Total Liab/Total Assets0.29
Net Inc/Total Assets0.03Total Liab/Inv Cap0.31
Net Inc/Inv Cap0.03Total Liab/Comm Equity0.33
Pretax Inc/Net Sales0.14Interest Coverage RatioNA
Net Inc/Net Sales0.14Curr Debt/Equity0.08
Cash Flow/Net Sales0.32LTD/Equity0.30
SG&A/NetSales0.27Total Debt/Equity0.38
Asset Utilization   Liquidity  
Net Receivables Turnover37.05Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.22  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 331.70 292.93 282.43 276.47
Cost of Goods Sold 128.03 121.66 120.05 110.97
Selling & Admin Exps 76.20 73.29 65.85 98.85
Operating Income 83.57 46.33 53.03 23.84
Interest Exp NA NA NA NA
Pretax Income 87.87 34.62 41.37 13.69
Other Income NA NA -0.15 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 87.61 34.37 41.55 13.69

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 28.24 27.31 29.43 31.95
Receivables - Total 57.68 57.69 31.46 50.97
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 4,770.88 4,803.50 4,823.49 4,894.22
Total Assets 4,904.57 4,974.92 4,979.88 5,018.69
Liabilities        
Accounts Payable 88.69 84.24 124.86 133.12
Debt in Current Liabilities 301.30 366.60 270.00 302.10
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,007.02 1,036.24 1,067.96 1,047.08
Total Liabilities 1,397.00 1,487.08 1,462.82 1,482.29
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 4,455.19 4,454.99 4,453.21 4,461.59
Retained Earnings -952.58 -973.28 -940.73 -915.20
Treasury Stock NA NA NA NA
Total Stockholders' Equity 3,507.57 3,487.85 3,517.06 3,536.40
Total Liabilities and Stockholders' Equity 4,904.57 4,974.92 4,979.88 5,018.69

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 119.12 37.19 94.06 101.30
Net Cash Provided by Investing Activities 15.84 -34.50 -7.19 -128.27
Net Cash Provided by Financing Activities -134.96 -2.69 -86.87 5.35

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012365.5975.48--
12/2013387.99115.22--
12/2014803.906.83--
12/2015898.31117.290.65
12/20161,041.03144.650.76
Growth Rates29.9017.66--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17218111,04049.78




Report Date : 10/16/2017

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