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 - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 186 %
Return On Equity -0.15 %
Return On Assets -0.07 %
Operating Margin 35.8 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 0 USD
Weighted Average Number of Shares Outstanding, Basic 16.3M shares +5.07%
Weighted Average Number of Shares Outstanding, Diluted 16.3M shares +5.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 85.1M USD +3.76%
General and Administrative Expense 1.37M USD -0.77%
Operating Income (Loss) 30.5M USD +17.7%
Nonoperating Income (Expense) -31.6M USD -12.8%
Net Income (Loss) Attributable to Parent -781K USD +70.4%
Earnings Per Share, Basic -0.03 USD/shares
Earnings Per Share, Diluted -0.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.1M USD +23.6%
Operating Lease, Right-of-Use Asset 4.69M USD +0.99%
Assets 1.17B USD -0.64%
Liabilities 653M USD +2.87%
Accumulated Other Comprehensive Income (Loss), Net of Tax -476K USD -367%
Retained Earnings (Accumulated Deficit) -79.9M USD -55.5%
Stockholders' Equity Attributable to Parent 345M USD -1.98%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 520M USD -4.71%
Liabilities and Equity 1.17B USD -0.64%

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 19.7M USD -5.71%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.75M USD +7.1%
Operating Lease, Liability 5.13M USD +4.22%
Depreciation 7.2M USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.44M USD -1780%
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%