Covivio Hotels
Covivio Hotels specializes in owning hotel properties. A listed real estate investment company (SIIC), and a real estate partner of major players in the hotel industry, Covivio Hotels holds assets worth "6.4 billions (as of the end of 2024). Covivio Hotels is rated BBB+ / Stable outlook by Standard and Poor's.
Covivio Hotels (COVH) - Total Assets
Latest total assets as of June 2025: €7.13 Billion EUR
Based on the latest financial reports, Covivio Hotels (COVH) holds total assets worth €7.13 Billion EUR as of June 2025.
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.
Covivio Hotels - Total Assets Trend (2000–2024)
This chart illustrates how Covivio Hotels’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Covivio Hotels - Asset Composition Analysis
Current Asset Composition (December 2024)
Covivio Hotels's total assets of €7.13 Billion consist of 11.2% current assets and 88.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €358.60 Million | 8.1% |
| Accounts Receivable | €80.50 Million | 1.1% |
| Inventory | €2.80 Million | 0.0% |
| Property, Plant & Equipment | €10.70 Million | 0.2% |
| Intangible Assets | €900.00K | 0.0% |
| Goodwill | €325.00 Million | 4.5% |
Asset Composition Trend (2000–2024)
This chart illustrates how Covivio Hotels'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: Covivio Hotels's current assets represent 11.2% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, up from 0.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is cash and equivalents at 8.1% of total assets.
Covivio Hotels Competitors by Total Assets
Key competitors of Covivio Hotels based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mode Tour Real Estate Investment Trust Inc
KO:204210
|
Korea | ₩76.02 Billion |
|
YTL Hospitality REIT
KLSE:5109
|
Malaysia | RM5.48 Billion |
|
American Hotel Income Properties REIT LP
OTCQX:AHOTF
|
USA | $537.05 Million |
|
Ashford Hospitality Trust Inc
NYSE:AHT
|
USA | $2.83 Billion |
|
Apple Hospitality REIT Inc
NYSE:APLE
|
USA | $4.91 Billion |
|
Braemar Hotel & Resorts Inc
NYSE:BHR
|
USA | $2.01 Billion |
|
Chatham Lodging Trust REIT
NYSE:CLDT
|
USA | $1.17 Billion |
|
Dusit Thani Freehold and Leasehold Real Estate Investment Trust
BK:DREIT
|
Thailand | ฿7.88 Billion |
Covivio Hotels - 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 - Covivio Hotels generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Covivio Hotels generates $ 3.14 in net profit.
Covivio Hotels - 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 | 1.16 | 1.55 | 1.53 |
| Quick Ratio | 1.16 | 1.54 | 1.52 |
| Cash Ratio | 0.47 | 0.55 | 0.00 |
| Working Capital | €123.80 Million | € 373.39 Million | € 134.25 Million |
Covivio Hotels - Advanced Valuation Insights
This section examines the relationship between Covivio Hotels'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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | €7.16 Billion |
| Market Capitalization | $1.28 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Covivio Hotels's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Covivio Hotels's assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Covivio Hotels (2000–2024)
The table below shows the annual total assets of Covivio Hotels from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €7.16 Billion | +6.42% |
| 2023-12-31 | €6.72 Billion | -4.41% |
| 2022-12-31 | €7.03 Billion | +2.60% |
| 2021-12-31 | €6.86 Billion | +0.74% |
| 2020-12-31 | €6.81 Billion | -0.11% |
| 2019-12-31 | €6.81 Billion | +1.09% |
| 2018-12-31 | €6.74 Billion | +53.87% |
| 2017-12-31 | €4.38 Billion | +22.41% |
| 2016-12-31 | €3.58 Billion | -2.68% |
| 2015-12-31 | €3.68 Billion | +6.41% |
| 2014-12-31 | €3.46 Billion | +3.09% |
| 2013-12-31 | €3.35 Billion | -1.70% |
| 2012-12-31 | €3.41 Billion | +11.81% |
| 2011-12-31 | €3.05 Billion | -4.61% |
| 2010-12-31 | €3.20 Billion | +6.14% |
| 2009-12-31 | €3.01 Billion | -7.73% |
| 2008-12-31 | €3.26 Billion | -0.71% |
| 2007-12-31 | €3.29 Billion | +44.41% |
| 2006-12-31 | €2.28 Billion | +52.35% |
| 2005-12-31 | €1.49 Billion | +1169.17% |
| 2004-12-31 | €117.75 Million | +812.76% |
| 2003-12-31 | €12.90 Million | +5.46% |
| 2002-12-31 | €12.23 Million | +2.19% |
| 2001-12-31 | €11.97 Million | +2.38% |
| 2000-12-31 | €11.69 Million | -- |