How do you interpret CA — base rent increase decrease during initial lease term?

Predictable, low-growth rent schedules are preferred for long-term financial planning and stability.

How does CA — base rent increase decrease during initial lease term compare across companies?

Standard commercial leases often include fixed annual or periodic rent escalations.

Cytokinetics CYTK CA — Base Rent Increase Decrease During Initial Lease Term

Discontinued — last reported Q1 '21

Similar metrics at other companies

THCCalifornia — Number of annual escalating lease payments

19—

ARWRCA — Percentage Of Increase In Annual Rental Cost

0.8%—

ARWRCalifornia — Estimated lease payments

$119M+1,625%

IBRXEl Segundo California — Base Monthly Rent

$0—

IBRXEl Segundo California — Annual Percentage Increases To Monthly Fixed Charge

3%—

ARWRCA — Expected Payments Of Leasehold Improvements Net Of Tenant Improvement Allowances

$4.2M—

Other financials

Income statement

See full

Revenue$19.4M+1,126%

Operating income-$183.6M-18.0%

Net income-$206.0M-27.7%

EPS (diluted)-$1.67-22.8%

Balance sheet

See full

Cash & equivalents$129.8M+76.2%

Total debt$418.2M+75.8%

Total equity-$826.6M-210%

Total assets$1.3B+0.7%

Cash flow

See full

Operating cash flow-$145.5M-10.5%

CapEx$5.9M+4.7%

Free cash flow-$151.4M-10.3%

Valuation

See full

Market cap$10.7B+70.6%

Enterprise value$10.98B+70.7%

P/S101.1×-225×

Profitability

See full

Operating margin-605.1%-268pp

Net margin-784%-337pp

FCF margin-518.8%-223pp

Returns & leverage

See full

Return on equity-337.6%—

Debt / equity2.2×—

Current ratio4.2×-1.8×

Where this comes from

Reported directly by Cytokinetics in its filing.

Tagged under the XBRL concept cytk:BaseRentIncreaseDecreaseDuringInitialLeaseTerm.

The official record: Cytokinetics’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does CA — base rent increase decrease during initial lease term mean?: The scheduled changes in base rent payments over the first term of the lease.
How do you interpret CA — base rent increase decrease during initial lease term?: Predictable, low-growth rent schedules are preferred for long-term financial planning and stability.
How does CA — base rent increase decrease during initial lease term compare across companies?: Standard commercial leases often include fixed annual or periodic rent escalations.