GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » LuxUrban Hotels Inc (NAS:LUXH) » Definitions » Liabilities-to-Assets

LuxUrban Hotels (LuxUrban Hotels) Liabilities-to-Assets : 1.03 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is LuxUrban Hotels Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. LuxUrban Hotels's Total Liabilities for the quarter that ended in Dec. 2023 was $292.6 Mil. LuxUrban Hotels's Total Assets for the quarter that ended in Dec. 2023 was $283.3 Mil. Therefore, LuxUrban Hotels's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.03.


LuxUrban Hotels Liabilities-to-Assets Historical Data

The historical data trend for LuxUrban Hotels's Liabilities-to-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.

LuxUrban Hotels Liabilities-to-Assets Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
7.07 16.81 3.98 1.03 1.03

LuxUrban Hotels Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-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 1.03 1.01 0.94 0.92 1.03

Competitive Comparison of LuxUrban Hotels's Liabilities-to-Assets

For the Lodging subindustry, LuxUrban Hotels's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-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.


LuxUrban Hotels's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LuxUrban Hotels's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where LuxUrban Hotels's Liabilities-to-Assets falls into.



LuxUrban Hotels Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

LuxUrban Hotels's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=292.567/283.294
=1.03

LuxUrban Hotels's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=292.567/283.294
=1.03

* 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.


LuxUrban Hotels  (NAS:LUXH) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


LuxUrban Hotels Liabilities-to-Assets Related Terms

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


LuxUrban Hotels (LuxUrban Hotels) Business Description

Traded in Other Exchanges
N/A
Address
2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.
Executives
Brian Ferdinand director, officer: Chief Executive Officer 224 MUTTONTOWN EASTWOODS ROAD, MUTTONTOWN NY 11791
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Kevin Michael Potts officer: Chief Revenue Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Donald Engel director 570 PARK AVE, NEW YORK NY 10065
Shanoop Kothari officer: Chief Financial Officer 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Aimee Nelson director 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jeffrey Webb director 6589 GREEN SHADOWS, STE 6B, MEMPHIS TN 38119
David Gurfein officer: President & COO 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Karl Rothman officer: Chief Accounting Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jimmie Chatmon director, officer: Executive Vice President 2125 BISCAYNE BLVD, MIAMI FL 33137
Kevin Mikolashek officer: Chief Compliance Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
David Edward Berg director 2125 BISCAYNE BLVD., SUITE 253, MIAMI FL 33137