Target Hospitality Corp.

NasdaqCM TH

Target Hospitality Corp. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 6.16

Target Hospitality Corp. Interest Coverage Ratio is 6.16 for the Trailing 12 Months (TTM) ending September 30, 2024, a -33.18% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Target Hospitality Corp. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 9.22, a 208.92% change year over year.
Target Hospitality Corp. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 2.99, a 502.87% change year over year.
Target Hospitality Corp. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.50, a 5.65% change year over year.
Target Hospitality Corp. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.47, a -49.84% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NasdaqCM: TH

Target Hospitality Corp.

CEO	Mr. James Bradley Archer
IPO Date	March 12, 2018
Location	United States
Headquarters	9320 Lakeside Boulevard
Employees	984
Sector	Consumer Discretionary
Industries Hospitality Homebuilding Hotels Restaurants Utilities

Description

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services - South, Hospitality & Facilities Services - Midwest, Government, and TCPL Keystone. It owns a network of specialty rental accommodation units with approximately 15,528 beds across 27 communities, which include 26 owned and 1 leased; and operates 1 community not owned or leased by the company. Target Hospitality Corp. also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation, workforce community management, concierge, and laundry services. It serves the U.S. government, government contractors, investment grade natural resource development companies, and energy infrastructure companies. The company was founded in 1978 and is headquartered in The Woodlands, Texas.

Key trends

Past 5 years