What does reportable legal entities — secured debt mean?

The total amount of debt that is backed by specific company assets.

How do you interpret reportable legal entities — secured debt?

Lower levels of secured debt relative to total assets generally indicate a stronger, more flexible balance sheet with less risk of asset foreclosure.

How does reportable legal entities — secured debt compare across companies?

Widely used to assess financial risk and asset encumbrance levels across the REIT sector.

American Homes 4 Rent AMH Reportable Legal Entities — Secured Debt

Discontinued — last reported Q1 '18

Similar metrics at other companies

REGReportable Legal Entities — Repayments Of Secured Debt

$1.37M—

CGReportable Legal Entities — Debt Instrument Face Amount Real Estate Vie

$144.4M—

EQRDomain — Secured Debt

$96.8M0.0%

ARESReportable Legal Entities — Long Term Debt

$590.17M+20.9%

CGReportable Legal Entities — Loans Payable

$1.57B+24.4%

AHRSecured Debt

——

Other financials

Income statement

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Revenue$472.0M+2.8%

Net income$148.8M+15.6%

EPS (diluted)$0.35+16.7%

Balance sheet

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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

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Operating cash flow$203.1M-9.1%

CapEx$9.4M+26.2%

Free cash flow$193.7M-10.3%

Valuation

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Market cap$11.41B-27.4%

Enterprise value$16.35B-19.4%

P/E21.4×-12.2×

P/S6.1×-2.8×

Profitability

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Net margin28.6%+2.1pp

FCF margin43%-2.5pp

Returns & leverage

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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 us-gaap:SecuredDebt.

The official record: American Homes 4 Rent’s 10-Q, filed May 4, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — secured debt mean?: The total amount of debt that is backed by specific company assets.
How do you interpret reportable legal entities — secured debt?: Lower levels of secured debt relative to total assets generally indicate a stronger, more flexible balance sheet with less risk of asset foreclosure.
How does reportable legal entities — secured debt compare across companies?: Widely used to assess financial risk and asset encumbrance levels across the REIT sector.