How do you interpret richmond virginia2 — real estate accumulated depreciation?

A rising balance relative to gross assets typically indicates an aging portfolio that may require future capital expenditures for renovations.

How does richmond virginia2 — real estate accumulated depreciation compare across companies?

Standard metric across all real estate companies, comparable to 'Accumulated Depreciation' found in the notes to financial statements.

Ladder Capital LADR Richmond Virginia2 — Real Estate Accumulated Depreciation

Discontinued — last reported Q4 '19

Similar metrics at other companies

UDRRichmond Va — Real Estate Accumulated Depreciation

$70.35M-48.4%

PSARichmond — Accumulated Depreciation

$33.81M+10.0%

UDRRichmond Va — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$24.76M-59.3%

UDRRichmond Va — Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements

$62.25M-42.2%

UDRRichmond Va — Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements

$81.14M-47.9%

UDRRichmond Va — Real Estate And Accumulated Depreciation Initial Cost Of Land And Buildings And Improvements

$28.59M-56.7%

Other financials

Income statement

See full

Revenue$27.3M+25.3%

Net income$2.6M-77.5%

EPS (diluted)$0.02-77.8%

Balance sheet

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Cash & equivalents$33.1M-93.1%

Total debt$13.7M-19.4%

Total equity$1.4B-4.6%

Total assets$5.6B+8.8%

Cash flow

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Operating cash flow-$8.0M+72.2%

CapEx$743.0K-14.8%

Free cash flow-$8.7M+70.5%

Valuation

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Market cap$1.3B-14.3%

Enterprise value$1.28B+23.9%

P/E23.8×+9.0×

P/S12.4×-3.3×

Profitability

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Net margin52.2%-54.0pp

FCF margin95%—

Returns & leverage

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Return on equity3.7%-3.0pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Ladder Capital in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAccumulatedDepreciation.

The official record: Ladder Capital’s 10-K, filed February 28, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does richmond virginia2 — real estate accumulated depreciation mean?: The total amount of depreciation recorded for real estate properties in the Richmond, Virginia portfolio.
How do you interpret richmond virginia2 — real estate accumulated depreciation?: A rising balance relative to gross assets typically indicates an aging portfolio that may require future capital expenditures for renovations.
How does richmond virginia2 — real estate accumulated depreciation compare across companies?: Standard metric across all real estate companies, comparable to 'Accumulated Depreciation' found in the notes to financial statements.