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ACRES Commercial Realty ACR Philadelphia PA — Operating Lease Liability

Discontinued — last reported Q1 '21

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Other financials

Income statement

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Revenue$17.8M+4.8%
Net income$7.5M+1,131%
EPS (diluted)-$0.16+80.0%

Balance sheet

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Cash & equivalents$48.0M-27.3%
Total debt$1.9B+46.7%
Total equity$420.6M-2.2%
Total assets$2.5B+39.7%

Cash flow

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Operating cash flow$913.0K+120%

Valuation

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Market cap$118.45M-14.7%
Enterprise value$1.94B+43.0%
P/E3.3×-2.8×
P/S1.5×-0.2×

Profitability

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Net margin44.9%+16.7pp
FCF margin377.7%

Returns & leverage

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Return on equity8.5%+3.2pp
Debt / equity4.4×+1.5×

Where this comes from

Reported directly by ACRES Commercial Realty in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiability.

The official record: ACRES Commercial Realty’s 10-Q, filed May 7, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does philadelphia PA — operating lease liability mean?
The total present value of future lease payment obligations for properties located in Philadelphia, PA.
How do you interpret philadelphia PA — operating lease liability?
An increase indicates higher future cash flow commitments for leased space in Philadelphia, while a decrease reflects the fulfillment of payment obligations or a reduction in the lease portfolio size.
How does philadelphia PA — operating lease liability compare across companies?
Comparable to operating lease liabilities reported by peers under ASC 842, reflecting regional fixed-cost exposure and debt-like obligations.