What does phoenix, AZ — gross book value of encumbered assets mean?

The total original cost of real estate assets in the Phoenix market that are used as collateral for loans.

How do you interpret phoenix, AZ — gross book value of encumbered assets?

An increase suggests a higher proportion of the Phoenix portfolio is being used to secure debt, which may limit operational flexibility or indicate higher leverage. A decrease suggests more unencumbered assets, potentially providing greater liquidity or borrowing capacity.

How does phoenix, AZ — gross book value of encumbered assets compare across companies?

Peers in the single-family rental REIT sector typically report encumbered asset values to demonstrate their debt-to-collateral coverage ratios and overall balance sheet health.

American Homes 4 Rent AMH Phoenix, AZ — Gross Book Value of Encumbered Assets

Other geography segments

Charlotte, NC

$146.11M-54.2%

Indianapolis, IN

$114.25M-62.7%

Cincinnati, OH

$113.95M-53.1%

Dallas-Fort Worth, TX

$107.34M-63.2%

Salt Lake City, UT

$104.61M-35.9%

Columbus, OH

$103.75M-29.8%

Raleigh, NC

$102.9M-55.0%

Charleston, SC

$85.45M+0.9%

Atlanta, GA

$84.51M-59.1%

Houston, TX

$84.21M-45.2%

Greater Chicago area, IL and IN

$78.87M-53.4%

Greenville, SC

$76.32M+1.1%

Jacksonville, FL

$63.63M+0.4%

Greensboro, NC

$55.35M+1.4%

San Antonio, TX

$49.29M-20.5%

Orlando, FL

$47.94M0.0%

Winston Salem, NC

$45.36M+1.3%

Nashville, TN

$33.83M-85.8%

Savannah/Hilton Head, SC

$25.6M-40.4%

Austin, TX

$25.55M-30.4%

Knoxville, TN

$18.05M+0.3%

Tampa, FL

$16.64M-64.9%

Memphis, TN

$11.76M-33.1%

Boise, ID

$8.2M+0.7%

Miami, FL

$3.56M+1.9%

Albuquerque, NM

$0—

Colorado Springs, CO

$0—

Denver, CO

$0—

Inland Empire, CA

$0—

Kansas City, MO

$0—

Las Vegas, NV

$0-100%

Milwaukee, WI

$0—

Oklahoma City, OK

$0—

Portland, OR

$0-100%

Seattle, WA

$0-100%

Tucson, AZ

$0-100%

Similar metrics at other companies

PSAPhoenix — Encumbrances

$0—

INVHPhoenix — Number of Encumbered Properties

303.50.0%

STWDPhoenix — Carrying Value

$90.7M—

INVHPhoenix — Encumbrances

$184.16M-1.6%

DLRPhoenix — Real Estate Gross At Carrying Value

$818.03M+1.1%

PSAPhoenix — Gross Carrying Amount, Land

$108.04M0.0%

Other financials

Income statement

See full

Revenue$472.0M+2.8%

Net income$148.8M+15.6%

EPS (diluted)$0.35+16.7%

Balance sheet

See full

Cash & equivalents$208.2M-4.9%

Total debt$5.1B+4.0%

Total equity$6.9B-3.2%

Total assets$13.2B-0.9%

Cash flow

See full

Operating cash flow$203.1M-9.1%

CapEx$9.4M+26.2%

Free cash flow$193.7M-10.3%

Valuation

See full

Market cap$11.41B-27.4%

Enterprise value$16.35B-19.4%

P/E21.4×-12.2×

P/S6.1×-2.8×

Profitability

See full

Net margin28.6%+2.1pp

FCF margin43%-2.5pp

Returns & leverage

See full

Return on equity7.6%+1.0pp

Debt / equity0.7×+0.1×

Where this comes from

Reported directly by American Homes 4 Rent in its filing.

Tagged under the XBRL concept srt:RealEstateAndAccumulatedDepreciationAmountOfEncumbrances.

The official record: American Homes 4 Rent’s 10-K, filed February 21, 2025, on SEC EDGAR. View the filing →

Ask your AI about American Homes 4 Rent's phoenix, az — gross book value of encumbered assets.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is American Homes 4 Rent's phoenix, AZ — gross book value of encumbered assets?: American Homes 4 Rent (AMH) reported phoenix, AZ — gross book value of encumbered assets of $0 in Q4 2024.
What does phoenix, AZ — gross book value of encumbered assets mean?: The total original cost of real estate assets in the Phoenix market that are used as collateral for loans.
How do you interpret phoenix, AZ — gross book value of encumbered assets?: An increase suggests a higher proportion of the Phoenix portfolio is being used to secure debt, which may limit operational flexibility or indicate higher leverage. A decrease suggests more unencumbered assets, potentially providing greater liquidity or borrowing capacity.
How does phoenix, AZ — gross book value of encumbered assets compare across companies?: Peers in the single-family rental REIT sector typically report encumbered asset values to demonstrate their debt-to-collateral coverage ratios and overall balance sheet health.