ExchangeRight Income Fund financial data

Industry
Real Estate Investment Trusts
Location
1055 E. Colorado Blvd., Suite 310, None, Pasadena, CA
State of incorporation
MD
Fiscal year end
December 31
Former names
ExchangeRight Essential Income Strategy (to 6/9/2022), ExchangeRight Income Fund, a Maryland statutory trust (to 3/22/2019)
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 183 %
Return On Equity -0.18 %
Return On Assets -0.08 %
Operating Margin 34.7 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 0 USD
Weighted Average Number of Shares Outstanding, Basic 16.1M shares +6.09%
Weighted Average Number of Shares Outstanding, Diluted 16.1M shares +6.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 84.3M USD +4.43%
General and Administrative Expense 1.37M USD -50.6%
Operating Income (Loss) 29.2M USD +18%
Nonoperating Income (Expense) -30.7M USD -14.6%
Net Income (Loss) Attributable to Parent -971K USD +87.4%
Earnings Per Share, Basic -0.05 USD/shares
Earnings Per Share, Diluted -0.05 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.84M USD -14%
Operating Lease, Right-of-Use Asset 4.68M USD +0.99%
Assets 1.18B USD +3.82%
Liabilities 649M USD +7.67%
Accumulated Other Comprehensive Income (Loss), Net of Tax 32K USD
Retained Earnings (Accumulated Deficit) -72.7M USD -64%
Stockholders' Equity Attributable to Parent 349M USD -0.32%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 528M USD -0.56%
Liabilities and Equity 1.18B USD +3.82%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 9.79M USD -0.52%
Net Cash Provided by (Used in) Financing Activities -4.65M USD +60.3%
Net Cash Provided by (Used in) Investing Activities -7.11M USD +46.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.97M USD +86.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.7M USD -11%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.75M USD +7.1%
Operating Lease, Liability 5.08M USD +4.23%
Depreciation 7.2M USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -812K USD -85.7%
Lessee, Operating Lease, Liability, to be Paid 30.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 285K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 285K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 25.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 285K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 285K USD
Interest Expense 30.8M USD +15.4%