Lodging Fund REIT III, Inc. financial data

Industry
Real Estate Investment Trusts
Location
1635 43 Rd Street South, Suite 205, Fargo, ND
State of incorporation
Maryland
Fiscal year end
December 31
Latest financial report
10-K - Q4 2022 - Mar 27, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 565 % +123%
Return On Equity -15.5 % -130%
Return On Assets -5.09 % -99.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.97M shares
Common Stock, Shares, Outstanding 9.61M shares +15.1%
Entity Public Float 0 USD
Common Stock, Value, Issued 96.1K USD +15.1%
Weighted Average Number of Shares Outstanding, Basic 9.07M shares +12.9%
Weighted Average Number of Shares Outstanding, Diluted 9.07M shares +12.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 53.1M USD +96%
Selling and Marketing Expense 3.32M USD +98.1%
General and Administrative Expense 10.6M USD +64%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.1M USD -111%
Income Tax Expense (Benefit) 5.85M USD
Net Income (Loss) Attributable to Parent -14M USD -235%
Earnings Per Share, Basic -1.54 USD/shares -196%
Earnings Per Share, Diluted -1.54 USD/shares -196%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.19M USD -21.3%
Assets 312M USD +64.1%
Liabilities 223M USD +89.5%
Retained Earnings (Accumulated Deficit) -67.2M USD -54.3%
Stockholders' Equity Attributable to Parent 26.7M USD -30.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 89M USD +22.8%
Liabilities and Equity 312M USD +64.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.33M USD -26.9%
Net Cash Provided by (Used in) Financing Activities 6.92M USD +60.1%
Net Cash Provided by (Used in) Investing Activities -2.77M USD -6.65%
Common Stock, Shares Authorized 900M shares 0%
Common Stock, Shares, Issued 9.61M shares +15.1%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 856K USD +97.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 16.9M USD +18.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.29M USD +44.8%
Deferred Tax Assets, Valuation Allowance 7.31M USD
Depreciation 5.45M USD +49.5%
Deferred Income Tax Expense (Benefit) -647K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 93.8M USD +14.9%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 15K USD
Interest Expense 11M USD +141%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%