LUXH (LuxUrban Hotels) LT-Debt-to-Total-Asset: 0.96 (As of Sep. 2024)


What is LuxUrban Hotels LT-Debt-to-Total-Asset?

LuxUrban Hotels LUXH -74.90% LT-Debt-to-Total-Asset is 0.96 as of Sep. 2024.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. LuxUrban Hotels's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.96.

LuxUrban Hotels's long-term debt to total assets ratio increased from Sep. 2023 (0.84) to Sep. 2024 (0.96). It may suggest that LuxUrban Hotels is progressively becoming more dependent on debt to grow their business.

LuxUrban Hotels  (OTCPK:LUXH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

LuxUrban Hotels LT-Debt-to-Total-Asset Related Terms

LuxUrban Hotels LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for LuxUrban Hotels's LT-Debt-to-Total-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.

LuxUrban Hotels LT-Debt-to-Total-Asset Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
1.76 4.38 1.31 0.80 0.88

LuxUrban Hotels Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-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 0.84 0.88 0.86 0.95 0.96

LuxUrban Hotels LT-Debt-to-Total-Asset Calculation

LuxUrban Hotels's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=247.998/283.294
=0.88

LuxUrban Hotels's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=198.975/206.614
=0.96

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.96 mean?
LuxUrban Hotels (LUXH) has a LT-Debt-to-Total-Asset of 0.96 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on LuxUrban Hotels and its competitors.
Is LuxUrban Hotels' LT-Debt-to-Total-Asset too high?
LuxUrban Hotels' current LT-Debt-to-Total-Asset is 0.96.
How does LuxUrban Hotels' LT-Debt-to-Total-Asset compare to MAR and HLT?
LuxUrban Hotels' LT-Debt-to-Total-Asset of 0.96 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on LuxUrban Hotels and its competitors. LuxUrban Hotels's current LT-Debt-to-Total-Asset is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LuxUrban Hotels stock overvalued right now?
LuxUrban Hotels (LUXH) has a current LT-Debt-to-Total-Asset of 0.96. The current LT-Debt-to-Total-Asset is 0.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For LuxUrban Hotels (LUXH), the current LT-Debt-to-Total-Asset is 0.96 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LuxUrban Hotels Business Description

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.