LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock
LuxUrban Hotels Inc. engages in the leasing of entire existing hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc. and changed its name to LuxUrban Hotels Inc. in November 2022. LuxUrban Hotels Inc. was incorporated in… Read more
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (LUXHP) - Net Assets
Latest net assets as of March 2024: $-12.50 Million USD
Based on the latest financial reports, LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (LUXHP) has net assets worth $-12.50 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($276.69 Million) and total liabilities ($289.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-12.50 Million |
| % of Total Assets | -4.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock - Net Assets Trend (2019–2023)
This chart illustrates how LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (2019–2023)
The table below shows the annual net assets of LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-9.27 Million | -181.67% |
| 2022-12-31 | $-3.29 Million | +70.64% |
| 2021-12-31 | $-11.21 Million | -43.85% |
| 2020-12-31 | $-7.80 Million | -270.00% |
| 2019-12-31 | $-2.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9971050300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $90.44 Million | % |
| Total Equity | $-9.27 Million | 100.00% |
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock Competitors by Market Cap
The table below lists competitors of LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordhealth AS
OL:NORDH
|
$88.25 Million |
|
Caravel Minerals Ltd
AU:CVV
|
$88.26 Million |
|
AptaBio Therapeutics Inc
KQ:293780
|
$88.30 Million |
|
Hanover Bancorp Inc
NASDAQ:HNVR
|
$88.31 Million |
|
NAFCO CO. LTD.
F:64E
|
$88.20 Million |
|
LENSAR Inc
NASDAQ:LNSR
|
$88.15 Million |
|
OBOOK Holdings Inc. Class A Common Shares
NASDAQ:OWLS
|
$88.14 Million |
|
Marine Electricals (India) Limited
NSE:MARINE
|
$88.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,292,124 to -9,272,954, a change of -5,980,830.
- Net loss of 78,523,377 reduced equity.
- Dividend payments of 168,134 reduced retained earnings.
- New share issuances of 5,775,596 increased equity.
- Other factors increased equity by 66,935,085.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-78.52 Million | -846.8% |
| Dividends Paid | $168.13K | -1.81% |
| Share Issuances | $5.78 Million | +62.28% |
| Other Changes | $66.94 Million | +721.83% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.02 | $12.20 | x |
| 2020-12-31 | $-0.08 | $12.20 | x |
| 2021-12-31 | $0.00 | $12.20 | x |
| 2022-12-31 | $-0.12 | $12.20 | x |
| 2023-12-31 | $-0.23 | $12.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -69.25%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -8.79% | 15.67x | 0.00x | $-266.91K |
| 2020 | 0.00% | -55.79% | 16.78x | 0.00x | $-3.84 Million |
| 2021 | 0.00% | -10.45% | 5.67x | 0.00x | $-2.23 Million |
| 2022 | 0.00% | -21.43% | 0.41x | 0.00x | $-9.06 Million |
| 2023 | 0.00% | -69.25% | 0.40x | 0.00x | $-77.60 Million |
Industry Comparison
This section compares LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,970,545,872
- Average return on equity (ROE) among peers: 4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (LUXHP) | $-12.50 Million | 0.00% | N/A | $88.24 Million |
| Accor SA (ACRFF) | $4.46 Billion | 9.02% | 1.63x | $6.73 Billion |
| AGORA Hospitality Group Co. Ltd (AGORF) | $12.29 Billion | -2.19% | 0.76x | $22.95 Million |
| Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) | $1.19 Billion | 8.41% | 3.01x | $4.79 Billion |
| Buck Hill Falls Company (BUHF) | $989.27K | 5.53% | 2.14x | $120.32K |
| The Castle Group Inc (CAGU) | $1.65 Million | 10.61% | 6.71x | $3.95K |
| Choice Hotels International Inc (CHH) | $49.30 Million | 55.38% | 6.63x | $3.30 Billion |
| Clarke Inc (CLKFF) | $168.60 Million | -11.39% | 0.84x | $49.67 Million |
| Candlewood Hotel Company Inc (CNDL) | $-45.47 Million | 0.00% | 0.00x | $0.91 |
| Civeo Corp (CVEO) | $375.36 Million | -35.77% | 0.97x | $201.56 Million |
| Dalata Hotel Group plc (DLTTF) | $1.22 Billion | 7.91% | 0.86x | $735.84 Million |