Seritage Growth Properties financial data

Symbol
SRG, SRG-PA on NYSE
Industry
Real Estate
Location
500 Fifth Avenue, Suite 1530, New York, NY
State of incorporation
Maryland
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 73.9 % -52.7%
Return On Equity -26.5 % -147%
Return On Assets -13.3 % -279%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 362M USD +134%
Weighted Average Number of Shares Outstanding, Basic 56.3M shares +0.17%
Weighted Average Number of Shares Outstanding, Diluted 56.3M shares +0.17%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 24.2M USD -54.3%
Revenue from Contract with Customer, Excluding Assessed Tax 5.19M USD +436%
General and Administrative Expense 39.7M USD -20.2%
Costs and Expenses 72.8M USD -41.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -116M USD -69.1%
Income Tax Expense (Benefit) 1.57M USD +742%
Net Income (Loss) Attributable to Parent -155M USD -109%
Earnings Per Share, Basic -2.17 USD/shares -224%
Earnings Per Share, Diluted -2.17 USD/shares -224%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 86.7M USD -30.6%
Operating Lease, Right-of-Use Asset 12.4M USD -16.8%
Assets 758M USD -35.1%
Liabilities 317M USD -47.8%
Retained Earnings (Accumulated Deficit) -923M USD -15.3%
Stockholders' Equity Attributable to Parent 440M USD -21.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 442M USD -21.4%
Liabilities and Equity 758M USD -35.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -16.6M USD +24.3%
Net Cash Provided by (Used in) Financing Activities -31.2M USD +86.5%
Net Cash Provided by (Used in) Investing Activities 28.9M USD -88%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -18.9M USD -47%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.11M USD -62.5%
Deferred Tax Assets, Valuation Allowance 229M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 45M USD +3650%
Lessee, Operating Lease, Liability, to be Paid, Year One 700K USD -41.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +14.8%
Deferred Income Tax Expense (Benefit) -25.1M USD +23.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.8M USD -48.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 45M USD +3650%
Deferred Tax Assets, Operating Loss Carryforwards 120M USD +207%
Lessee, Operating Lease, Liability, to be Paid, Year Four 45M USD +3650%
Operating Lease, Payments 330K USD -47.2%
Interest Expense 30.1M USD -56.5%