Sotherly Hotels Inc Series B Pref
Sotherly Hotels Inc. is a self-managed and self-administered lodging real estate investment trust, or REIT, that was formed in August 2004 to own, acquire, renovate and reposition full-service, primarily upscale and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. Sotherly owns ten full-service, primarily upscale and upper-upscale hotels lo… Read more
Sotherly Hotels Inc Series B Pref (SOHOB) - Net Assets
Latest net assets as of September 2025: $36.76 Million USD
Based on the latest financial reports, Sotherly Hotels Inc Series B Pref (SOHOB) has net assets worth $36.76 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($411.38 Million) and total liabilities ($374.63 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 | $36.76 Million |
| % of Total Assets | 8.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | -5.89% |
| 10-Year Change | -21.3% |
| Growth Volatility | 55.01 |
Sotherly Hotels Inc Series B Pref - Net Assets Trend (2002–2024)
This chart illustrates how Sotherly Hotels Inc Series B Pref's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sotherly Hotels Inc Series B Pref (2002–2024)
The table below shows the annual net assets of Sotherly Hotels Inc Series B Pref from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $41.60 Million | -13.15% |
| 2023-12-31 | $47.90 Million | -7.03% |
| 2022-12-31 | $51.52 Million | +212.19% |
| 2021-12-31 | $16.50 Million | -62.66% |
| 2020-12-31 | $44.20 Million | -56.41% |
| 2019-12-31 | $101.41 Million | +23.27% |
| 2018-12-31 | $82.27 Million | -12.65% |
| 2017-12-31 | $94.18 Million | +15.78% |
| 2016-12-31 | $81.34 Million | +53.88% |
| 2015-12-31 | $52.86 Million | +68.92% |
| 2014-12-31 | $31.29 Million | -1.55% |
| 2013-12-31 | $31.78 Million | -14.87% |
| 2012-12-31 | $37.33 Million | -14.93% |
| 2011-12-31 | $43.88 Million | -13.63% |
| 2010-12-31 | $50.81 Million | -5.63% |
| 2009-12-31 | $53.84 Million | +0.12% |
| 2008-12-31 | $53.78 Million | -10.19% |
| 2007-12-31 | $59.88 Million | -4.99% |
| 2006-12-31 | $63.02 Million | -3.07% |
| 2005-12-31 | $65.02 Million | +6.83% |
| 2004-12-31 | $60.87 Million | +2364.00% |
| 2003-12-31 | $-2.69 Million | +12.66% |
| 2002-12-31 | $-3.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sotherly Hotels Inc Series B Pref'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 13169589100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $198.49K | 0.46% |
| Other Comprehensive Income | $-862.11K | -2.00% |
| Other Components | $175.41 Million | 407.43% |
| Total Equity | $43.05 Million | 100.00% |
Sotherly Hotels Inc Series B Pref Competitors by Market Cap
The table below lists competitors of Sotherly Hotels Inc Series B Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Patriot National Bancorp Inc
NASDAQ:PNBK
|
$82.41 Million |
|
Harsha Engineers International Limited
NSE:HARSHA
|
$82.42 Million |
|
FDENF
PINK:FDENF
|
$82.48 Million |
|
Raisio Oyj
HE:RAIKV
|
$82.49 Million |
|
Stille AB
ST:STIL
|
$82.32 Million |
|
Industri Dan Perdagangan Bintraco Dharma Tbk PT
JK:CARS
|
$82.24 Million |
|
Gan Ltd
NASDAQ:GAN
|
$82.24 Million |
|
Sun Silver Ltd
AU:SS1
|
$82.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sotherly Hotels Inc Series B Pref's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,230,403 to 43,053,025, a change of -6,177,378 (-12.5%).
- Net income of 1,302,369 contributed positively to equity growth.
- Dividend payments of 7,977,251 reduced retained earnings.
- Other comprehensive income increased equity by 125,923,412.
- Other factors decreased equity by 125,425,908.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.30 Million | +3.03% |
| Dividends Paid | $7.98 Million | -18.53% |
| Other Comprehensive Income | $125.92 Million | +292.48% |
| Other Changes | $-125.43 Million | -291.33% |
| Total Change | $- | -12.55% |
Book Value vs Market Value Analysis
This analysis compares Sotherly Hotels Inc Series B Pref'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
- Current price-to-book ratio: 8.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $-0.23 | $18.62 | x |
| 2001-12-31 | $-0.32 | $18.62 | x |
| 2002-12-31 | $-0.43 | $18.62 | x |
| 2003-12-31 | $-0.27 | $18.62 | x |
| 2004-12-31 | $6.62 | $18.62 | x |
| 2005-12-31 | $6.48 | $18.62 | x |
| 2006-12-31 | $6.20 | $18.62 | x |
| 2007-12-31 | $5.82 | $18.62 | x |
| 2008-12-31 | $5.21 | $18.62 | x |
| 2009-12-31 | $5.33 | $18.62 | x |
| 2010-12-31 | $4.11 | $18.62 | x |
| 2011-12-31 | $3.61 | $18.62 | x |
| 2012-12-31 | $3.00 | $18.62 | x |
| 2013-12-31 | $2.55 | $18.62 | x |
| 2014-12-31 | $2.54 | $18.62 | x |
| 2015-12-31 | $3.91 | $18.62 | x |
| 2016-12-31 | $5.30 | $18.62 | x |
| 2017-12-31 | $6.73 | $18.62 | x |
| 2018-12-31 | $6.05 | $18.62 | x |
| 2019-12-31 | $7.51 | $18.62 | x |
| 2020-12-31 | $3.46 | $18.62 | x |
| 2021-12-31 | $1.37 | $18.62 | x |
| 2022-12-31 | $2.84 | $18.62 | x |
| 2023-12-31 | $2.61 | $18.62 | x |
| 2024-12-31 | $2.22 | $18.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sotherly Hotels Inc Series B Pref 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): 3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 9.62x
- Recent ROE (3.03%) is above the historical average (-6.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | -0.53% | 0.72x | 0.00x | $14.19K |
| 2001 | 0.00% | -2.31% | 0.72x | 0.00x | $-366.19K |
| 2002 | 0.00% | -0.58% | 0.68x | 0.00x | $136.83K |
| 2003 | 0.00% | 0.57% | 0.79x | 0.00x | $304.42K |
| 2004 | -3.88% | -5.81% | 0.28x | 2.37x | $-5.52 Million |
| 2005 | 5.74% | 4.29% | 0.49x | 2.74x | $-1.84 Million |
| 2006 | 7.57% | 4.73% | 0.53x | 3.04x | $-1.02 Million |
| 2007 | 6.12% | 3.53% | 0.44x | 3.98x | $-1.56 Million |
| 2008 | -1.65% | -0.84% | 0.34x | 5.82x | $-4.23 Million |
| 2009 | -5.17% | -2.76% | 0.33x | 5.60x | $-5.79 Million |
| 2010 | -6.12% | -3.08% | 0.37x | 5.38x | $-6.28 Million |
| 2011 | -13.87% | -5.97% | 0.39x | 5.99x | $-8.34 Million |
| 2012 | -13.71% | -4.70% | 0.43x | 6.81x | $-7.10 Million |
| 2013 | -11.51% | -3.33% | 0.39x | 8.84x | $-5.57 Million |
| 2014 | 8.19% | 1.76% | 0.41x | 11.49x | $-477.63K |
| 2015 | 10.93% | 3.87% | 0.35x | 8.02x | $454.07K |
| 2016 | 1.17% | 0.61% | 0.38x | 5.14x | $-6.97 Million |
| 2017 | 0.48% | 0.29% | 0.38x | 4.41x | $-8.86 Million |
| 2018 | 0.13% | 0.06% | 0.36x | 6.03x | $-8.07 Million |
| 2019 | 1.86% | 1.03% | 0.38x | 4.76x | $-8.33 Million |
| 2020 | -99.28% | -68.80% | 0.15x | 9.55x | $-54.15 Million |
| 2021 | -123.33% | -20.55% | 0.29x | 20.51x | $-28.35 Million |
| 2022 | 62.27% | 19.59% | 0.41x | 7.78x | $27.31 Million |
| 2023 | 8.01% | 2.27% | 0.44x | 7.99x | $-981.62K |
| 2024 | 3.03% | 0.72% | 0.44x | 9.62x | $-3.00 Million |
Industry Comparison
This section compares Sotherly Hotels Inc Series B Pref's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $11,920,108,397
- Average return on equity (ROE) among peers: 0.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sotherly Hotels Inc Series B Pref (SOHOB) | $36.76 Million | 0.00% | 10.19x | $82.34 Million |
| American Hotel Income Properties REIT LP (AHOTF) | $-20.02 Million | 0.00% | 0.00x | $23.61 Million |
| Ashford Hospitality Trust Inc (AHT) | $533.85 Million | -23.78% | 7.78x | $19.35 Million |
| Apple Hospitality REIT Inc (APLE) | $3.41 Billion | 6.05% | 0.45x | $2.60 Billion |
| Braemar Hotel & Resorts Inc (BHR) | $252.38 Million | -1.80% | 2.36x | $124.35 Million |
| Chatham Lodging Trust REIT (CLDT) | $775.02 Million | 2.41% | 0.86x | $340.42 Million |
| Diamondrock Hospitality Company Common Stock (DRH) | $1.60 Billion | 6.85% | 1.01x | $1.89 Billion |
| HOSHF (HOSHF) | $105.59 Billion | 5.50% | 0.69x | $288.34 Million |
| Host Hotels & Resorts Inc (HST) | $6.43 Billion | -11.38% | 1.00x | $12.06 Billion |
| InnSuites Hospitality Trust (IHT) | $8.12 Million | 17.21% | 1.84x | $2.91 Million |
| Summit Hotel Properties Inc (INN) | $621.35 Million | 0.40% | 0.60x | $353.73 Million |