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Sotherly Hotels (Sotherly Hotels) Equity-to-Asset : 0.13 (As of Dec. 2023)


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What is Sotherly Hotels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sotherly Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $49.2 Mil. Sotherly Hotels's Total Assets for the quarter that ended in Dec. 2023 was $393.4 Mil. Therefore, Sotherly Hotels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

SOHO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.13   Max: 0.23
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Sotherly Hotels was 0.23. The lowest was 0.05. And the median was 0.13.

SOHO's Equity-to-Asset is ranked worse than
96.41% of 863 companies
in the REITs industry
Industry Median: 0.57 vs SOHO: 0.13

Sotherly Hotels Equity-to-Asset Historical Data

The historical data trend for Sotherly 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.

Sotherly Hotels Equity-to-Asset Chart

Sotherly Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.11 0.05 0.13 0.13

Sotherly Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.13 0.14 0.13 0.13

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

For the REIT - Hotel & Motel subindustry, Sotherly 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.


Sotherly Hotels's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sotherly Hotels's Equity-to-Asset distribution charts can be found below:

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



Sotherly 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.

Sotherly 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
=49.23/393.443
=0.13

Sotherly 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
=49.23/393.443
=0.13

* 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.


Sotherly Hotels  (NAS:SOHO) 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%.


Sotherly Hotels Equity-to-Asset Related Terms

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


Sotherly Hotels (Sotherly Hotels) Business Description

Address
306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185
Sotherly Hotels Inc is engaged in Hotel operations. The company is a self-managed and self-administered lodging real estate investment trust that was formed to own, acquire, renovate, and reposition full-service, upscale, and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. It generates revenue through the rooms, food, beverage, and other services. Geographically, the group has its presence in the regions of Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas, and Virginia.
Executives
Andrew Sims director, officer: Chief Executive Officer 410 W. FRANCIS STREET, WILLIAMSBURG VA 23185
Scott M Kucinski officer: EVP & Chief Operating Officer 306 S. HENRY STREET, SUITE 100, WILLIAMSBURG VA 23185
David R Folsom officer: Chief Operating Officer 410 W. FRANCIS STREET, WILLIAMSBURG VA 23185
Maria L Caldwell director 410 W FRANCIS ST, WILLIAMSBURG VA 23185
Gibson George S Iv director 410 W FRANCIS ST, WILLIAMSBURG VA 23185
Anthony E Domalski officer: Chief Accounting Officer 6411 IVY LANE, SUITE 510, GREENBELT MD 20770
Herschel J Walker director 410 W FRANCIS ST, WILLIAMSBURG VA 23185
Kim Sims director 6411 IVY LANE, SUITE 510, GREENBELT MD 20770
Richmond Hill Investment Co., Lp other: Member of Group Owning 10% 381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016
Richmond Hill Advisors, Llc other: Member of Group Owning 10% 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Essex Illiquid, Llc 10 percent owner, other: Member of Group Owning 10% 375 HUDSON STREET, NEW YORK NY 10014
Richmond Hill Capital Partners, Lp other: Member of Group Owning 10% 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Basil Maher 10 percent owner, other: Member of Group Owning 10% C/O ESSEX EQUITY CAPITAL MANAGEMENT, LLC, 70 S. ORANGE AVENUE, SUITE 105, LIVINGSTON NJ 07039
M. Brian Maher 10 percent owner, other: Member of Group Owning 10% C/O ESSEX EQUITY CAPITAL MANAGEMENT, LLC, 70 S. ORANGE AVENUE, SUITE 105, LIVINGSTON NJ 07039
Richmond Hill Investments, Llc 10 percent owner, other: Member of Group Owning 10% 381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016