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) - Total Assets
Latest total assets as of March 2024: $276.69 Million USD
Based on the latest financial reports, LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (LUXHP) holds total assets worth $276.69 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock - Total Assets Trend (2019–2023)
This chart illustrates how LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock - Asset Composition Analysis
Current Asset Composition (December 2023)
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's total assets of $276.69 Million consist of 7.0% current assets and 93.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $329.89K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's current assets represent 7.0% of total assets in 2023, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2023, down from 4.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock Competitors by Total Assets
Key competitors of LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
City Lodge Hotels Ltd
JSE:CLH
|
South Africa | ZAC3.15 Billion |
|
SSAW Hotels & Resorts Group Co.Ltd.
SHE:301073
|
China | CN¥2.44 Billion |
|
ShenZhen Zero-Seven Co Ltd
SHE:000007
|
China | CN¥370.54 Million |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
|
China | CN¥2.10 Billion |
|
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069
|
China | CN¥305.71 Billion |
|
Huatian Hotel Group Co Ltd
SHE:000428
|
China | CN¥4.50 Billion |
|
XiAn Tourism Co Ltd
SHE:000610
|
China | CN¥1.96 Billion |
|
Guilin Tourism Corp Ltd
SHE:000978
|
China | CN¥2.28 Billion |
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock is currently not profitable relative to its asset base.
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.39 | 0.43 | 0.58 |
| Quick Ratio | 0.39 | 0.43 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-31.57 Million | $ -13.94 Million | $ -7.34 Million |
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock - Advanced Valuation Insights
This section examines the relationship between LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 162.4% |
| Total Assets | $283.29 Million |
| Market Capitalization | $88.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock's assets grew by 162.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (2019–2023)
The table below shows the annual total assets of LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $283.29 Million | +162.40% |
| 2022-12-31 | $107.96 Million | +2765.31% |
| 2021-12-31 | $3.77 Million | +664.27% |
| 2020-12-31 | $493.01K | +42.21% |
| 2019-12-31 | $346.68K | -- |