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Arrowhead Research ARWR CA — Land Subject To Ground Leases

Discontinued — last reported Q1 '21

Similar metrics at other companies

EastGroup Properties logo
EGPCALIFORNIA — Right of use assets - Ground leases (operating)
$0
Extra Space Storage logo
EXRCA — Gross carrying amount - Land
$932.96M+2.0%
Extra Space Storage logo
EXRCA — Debt And Capital Lease Obligations
$699.98M
Summit Therapeutics logo
SMMTCALIFORNIA — Area of premises subleased from other party (in square feet)
36.4K
Regency Centers logo
REGCA — Real Estate And Accumulated Depreciation Carrying Amount Of Land
$423.59M+1.7%
PEA
PEAKCALIFORNIA — Area of land (in acres)

Other financials

Income statement

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Revenue$73.7M-86.4%
Operating income-$141.3M-137%
Net income-$132.7M-136%
EPS (diluted)-$0.93-134%

Balance sheet

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Cash & equivalents$188.5M+1.5%
Total debt$107.9M-5.6%
Total equity$614.0M-10.1%
Total assets$2.3B+44.2%

Cash flow

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Operating cash flow$84.4M-81.6%
CapEx$2.6M-51.6%
Free cash flow$81.9M-82.0%

Valuation

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Market cap$11.52B+402%
Enterprise value$11.44B+418%
P/S18.5×+14.3×

Profitability

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Operating margin-35.7%+63.6pp
Net margin-48.4%+240pp
FCF margin1.8%+0.9pp

Returns & leverage

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Return on equity-46.4%+341pp
Debt / equity0.2×0.0×
Current ratio6.2×+1.1×

Where this comes from

Reported directly by Arrowhead Research in its filing.

Tagged under the XBRL concept us-gaap:LandSubjectToGroundLeases.

The official record: Arrowhead Research’s 10-K, filed November 23, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does CA — land subject to ground leases mean?
The amount of land occupied by the company that is held under a ground lease agreement.
How do you interpret CA — land subject to ground leases?
A higher reliance on ground leases may indicate lower asset ownership and potential long-term rent exposure compared to owning the land.
How does CA — land subject to ground leases compare across companies?
Disclosed by companies with significant campus-style facilities or long-term real estate holdings.