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Sotherly Hotels (Sotherly Hotels) Scaled Net Operating Assets : 0.87 (As of Dec. 2023)


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What is Sotherly Hotels Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sotherly Hotels's operating assets for the quarter that ended in Dec. 2023 was $376.3 Mil. Sotherly Hotels's operating liabilities for the quarter that ended in Dec. 2023 was $28.0 Mil. Sotherly Hotels's Total Assets for the quarter that ended in Sep. 2023 was $400.8 Mil. Therefore, Sotherly Hotels's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.87.


Sotherly Hotels Scaled Net Operating Assets Historical Data

The historical data trend for Sotherly Hotels's Scaled Net Operating 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.

* Premium members only.

Sotherly Hotels Scaled Net Operating Assets Chart

Sotherly Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.83 0.81 0.81 0.86

Sotherly Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets 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 0.86 0.86 0.86 0.86 0.87

Competitive Comparison of Sotherly Hotels's Scaled Net Operating Assets

For the REIT - Hotel & Motel subindustry, Sotherly Hotels's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sotherly Hotels's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sotherly Hotels's Scaled Net Operating Assets falls into.



Sotherly Hotels Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sotherly Hotels's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(376.341-28.019)/406.569
=0.86

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=393.443 - 17.102
=376.341

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=345.545 - 317.526 - 0
=28.019

Sotherly Hotels's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(376.341-28.019)/400.762
=0.87

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=393.443 - 17.102
=376.341

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=345.545 - 317.526 - 0
=28.019

* 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 Scaled Net Operating Assets Related Terms

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Sotherly Hotels (Sotherly Hotels) Business Description

Industry
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