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LuxUrban Hotels (LuxUrban Hotels) Equity-to-Asset : -0.03 (As of Dec. 2023)


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What is LuxUrban Hotels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LuxUrban Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-9.3 Mil. LuxUrban Hotels's Total Assets for the quarter that ended in Dec. 2023 was $283.3 Mil. Therefore, LuxUrban Hotels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.03.

The historical rank and industry rank for LuxUrban Hotels's Equity-to-Asset or its related term are showing as below:

LUXH' s Equity-to-Asset Range Over the Past 10 Years
Min: -15.81   Med: -2.98   Max: -0.03
Current: -0.03

During the past 5 years, the highest Equity to Asset Ratio of LuxUrban Hotels was -0.03. The lowest was -15.81. And the median was -2.98.

LUXH's Equity-to-Asset is ranked worse than
91.18% of 839 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs LUXH: -0.03

LuxUrban Hotels Equity-to-Asset Historical Data

The historical data trend for LuxUrban Hotels's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LuxUrban Hotels Equity-to-Asset Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-6.07 -15.81 -2.98 -0.03 -0.03

LuxUrban Hotels Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.01 0.06 0.08 -0.03

Competitive Comparison of LuxUrban Hotels's Equity-to-Asset

For the Lodging subindustry, LuxUrban Hotels's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LuxUrban Hotels's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LuxUrban Hotels's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where LuxUrban Hotels's Equity-to-Asset falls into.



LuxUrban Hotels Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

LuxUrban Hotels's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-9.273/283.294
=-0.03

LuxUrban Hotels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-9.273/283.294
=-0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LuxUrban Hotels  (NAS:LUXH) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


LuxUrban Hotels Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of LuxUrban Hotels's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


LuxUrban Hotels (LuxUrban Hotels) Business Description

Traded in Other Exchanges
N/A
Address
2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.
Executives
Brian Ferdinand director, officer: Chief Executive Officer 224 MUTTONTOWN EASTWOODS ROAD, MUTTONTOWN NY 11791
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Kevin Michael Potts officer: Chief Revenue Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Donald Engel director 570 PARK AVE, NEW YORK NY 10065
Shanoop Kothari officer: Chief Financial Officer 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Aimee Nelson director 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jeffrey Webb director 6589 GREEN SHADOWS, STE 6B, MEMPHIS TN 38119
David Gurfein officer: President & COO 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Karl Rothman officer: Chief Accounting Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jimmie Chatmon director, officer: Executive Vice President 2125 BISCAYNE BLVD, MIAMI FL 33137
Kevin Mikolashek officer: Chief Compliance Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
David Edward Berg director 2125 BISCAYNE BLVD., SUITE 253, MIAMI FL 33137