Sotherly Hotels (FRA:MCL) Total Assets : €360.8 Mil (As of Dec. 2023)

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What is Sotherly Hotels Total Assets?

Sotherly Hotels's Total Assets for the quarter that ended in Dec. 2023 was €360.8 Mil.

During the past 12 months, Sotherly Hotels's average Total Assets Growth Rate was -2.20% per year. During the past 3 years, the average Total Assets Growth Rate was -5.60% per year. During the past 5 years, the average Total Assets Growth Rate was -4.50% per year. During the past 10 years, the average Total Assets Growth Rate was 4.50% per year.

During the past 13 years, Sotherly Hotels's highest 3-Year average Total Assets Growth Rate was 60.10%. The lowest was -6.00%. And the median was 9.60%.

Total Assets is connected with ROA %. Sotherly Hotels's annualized ROA % for the quarter that ended in Dec. 2023 was -0.69%. Total Assets is also linked to Revenue through Asset Turnover. Sotherly Hotels's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Sotherly Hotels Total Assets Historical Data

The historical data trend for Sotherly Hotels's Total Assets 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.

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Sotherly Hotels Total Assets Chart

Sotherly Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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438.50

388.83

385.91

383.80

360.79

Sotherly Hotels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															380.34	376.60	375.51	360.79	372.31

Sotherly Hotels Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Sotherly Hotels's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	43.923	+	316.865
	=	360.8

Sotherly Hotels's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	43.923	+	316.865
	=	360.8

Sotherly Hotels (FRA:MCL) Total Assets Explanation

Total Assets is connected with ROA %.

Sotherly Hotels's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-2.528	/	( (375.514	+	360.787)	/ 2 )
	=	-2.528	/	368.1505
	=	-0.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Sotherly Hotels's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	38.65	/	( (375.514	+	360.787)	/ 2 )
=	38.65	/	368.1505
=	0.10

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Sotherly Hotels Total Assets Related Terms

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Sotherly Hotels (FRA:MCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sotherly Hotels Inc (FRA:MCL) » Definitions » Total Assets

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Address

306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185

Website

https://www.sotherlyhotels.com

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.

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