ACRES Commercial Realty Corp. financial data

Symbol
ACR, ACR-PC, ACR-PD on NYSE
Industry
Real Estate Investment Trusts
Location
390 Rxr Plaza, Uniondale, NY
State of incorporation
MD
Fiscal year end
December 31
Former names
Exantas Capital Corp. (to 2/16/2021), Resource Capital Corp. (to 5/18/2018)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 397 % -8.95%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.87M shares -7.29%
Common Stock, Shares, Outstanding 7.9M shares -7.21%
Entity Public Float 67M USD +2.05%
Common Stock, Value, Issued 8K USD -11.1%
Weighted Average Number of Shares Outstanding, Basic 7.66M shares -9.32%
Weighted Average Number of Shares Outstanding, Diluted 7.84M shares -8.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 86.2M USD -3.04%
General and Administrative Expense 10.8M USD +6.98%
Costs and Expenses 68.3M USD -16.2%
Nonoperating Income (Expense) 7.52M USD +110%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 25.3M USD +133%
Income Tax Expense (Benefit) 54K USD -59.7%
Earnings Per Share, Basic 0.84 USD/shares +120%
Earnings Per Share, Diluted 0.81 USD/shares +110%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 89.6M USD +56.9%
Operating Lease, Right-of-Use Asset 19.7M USD -1.77%
Intangible Assets, Net (Excluding Goodwill) 7.4M USD -11.7%
Assets 2.1B USD -7.56%
Liabilities 1.65B USD -9.43%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.01M USD +28.5%
Stockholders' Equity Attributable to Parent 434M USD -0.13%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 444M USD +0.09%
Liabilities and Equity 2.1B USD -7.56%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.34M USD -63.4%
Net Cash Provided by (Used in) Financing Activities -61.5M USD +1.88%
Net Cash Provided by (Used in) Investing Activities 54.9M USD -21.6%
Common Stock, Shares Authorized 41.7M shares 0%
Common Stock, Shares, Issued 7.9M shares -7.21%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.25M USD -120%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 91.6M USD +26.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 32M USD +0.05%
Deferred Tax Assets, Valuation Allowance 21.1M USD -0.33%
Deferred Tax Assets, Gross 21.2M USD -1.65%
Operating Lease, Liability 703K USD -10.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.37M USD +68.9%
Lessee, Operating Lease, Liability, to be Paid 882K USD -13.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 166K USD +4.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 162K USD +4.52%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 179K USD -26%
Lessee, Operating Lease, Liability, to be Paid, Year Three 170K USD +4.29%
Lessee, Operating Lease, Liability, to be Paid, Year Four 174K USD +4.19%
Operating Lease, Payments 153K USD +25.4%
Additional Paid in Capital 1.17B USD -0.76%
Amortization of Intangible Assets 981K USD +1.55%
Deferred Tax Assets, Net of Valuation Allowance 54K USD -84.1%
Interest Expense 129M USD +11.3%