$APLE
Apple Hospitality REIT, Inc.

2021 Q3 Form 10-Q Financial Statement

#000156459021054504 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3 2020 Q2
Revenue $277.2M $148.8M $81.08M
YoY Change 86.23% -55.14% -76.23%
Cost Of Revenue $108.8M $66.30M $43.50M
YoY Change 64.05% -54.81% -69.98%
Gross Profit $168.4M $82.50M $37.60M
YoY Change 104.12% -55.41% -80.84%
Gross Profit Margin 60.76% 55.43% 46.38%
Selling, General & Admin $76.38M $54.70M $43.10M
YoY Change 39.63% -21.29% -38.25%
% of Gross Profit 45.35% 66.3% 114.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $44.22M $50.20M $49.90M
YoY Change -11.92% 5.02% 3.74%
% of Gross Profit 26.26% 60.85% 132.71%
Operating Expenses $120.6M $104.9M $93.00M
YoY Change 14.96% -10.65% -21.12%
Operating Profit $47.81M -$22.40M -$55.40M
YoY Change -313.42% -133.14% -170.75%
Interest Expense -$15.98M -$18.50M -$18.40M
YoY Change -13.64% 25.0% 15.72%
% of Operating Profit -33.42%
Other Income/Expense, Net
YoY Change
Pretax Income $31.87M -$40.90M -$78.20M
YoY Change -177.93% -188.15% -225.72%
Income Tax $114.0K $100.0K $100.0K
% Of Pretax Income 0.36%
Net Earnings $31.76M -$40.95M -$78.24M
YoY Change -177.56% -188.59% -226.02%
Net Earnings / Revenue 11.46% -27.51% -96.5%
Basic Earnings Per Share $0.14
Diluted Earnings Per Share $139.0K -$183.2K -$350.2K
COMMON SHARES
Basic Shares Outstanding 228.4M
Diluted Shares Outstanding 228.4M

Balance Sheet

Concept 2021 Q3 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.43M $27.40M $156.5M
YoY Change 43.91%
Cash & Equivalents $39.43M $27.40M $184.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $52.32M $30.00M $24.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $91.75M $57.40M $181.4M
YoY Change 59.85% 41.73% 247.51%
LONG-TERM ASSETS
Property, Plant & Equipment $4.541B $4.794B $4.776B
YoY Change -5.27% -2.02% -2.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $34.45M $28.20M $27.70M
YoY Change 22.15% -32.7% -16.57%
Total Long-Term Assets $4.613B $4.859B $4.841B
YoY Change -5.06% -1.84% -1.94%
TOTAL ASSETS
Total Short-Term Assets $91.75M $57.40M $181.4M
Total Long-Term Assets $4.613B $4.859B $4.841B
Total Assets $4.705B $4.916B $5.022B
YoY Change -4.3% -1.48% 0.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.09M $113.5M $108.0M
YoY Change -15.34% 18.85% 41.18%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $98.39M $113.5M $108.0M
YoY Change -13.32% 5.29% 21.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.478B $1.728B $1.801B
YoY Change -14.44% 11.07% 16.37%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.478B $1.728B $1.801B
YoY Change -14.44% 11.07% 16.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $98.39M $113.5M $108.0M
Total Long-Term Liabilities $1.478B $1.728B $1.801B
Total Liabilities $1.577B $1.841B $1.909B
YoY Change -14.37% 10.7% 16.64%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.488B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.128B $3.075B $3.113B
YoY Change
Total Liabilities & Shareholders Equity $4.705B $4.916B $5.022B
YoY Change -4.3% -1.48% 0.67%

Cashflow Statement

Concept 2021 Q3 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $31.76M -$40.95M -$78.24M
YoY Change -177.56% -188.59% -226.02%
Depreciation, Depletion And Amortization $44.22M $50.20M $49.90M
YoY Change -11.92% 5.02% 3.74%
Cash From Operating Activities $96.59M $13.70M -$20.80M
YoY Change 605.03% -89.25% -119.28%
INVESTING ACTIVITIES
Capital Expenditures -$4.232M -$6.100M -$11.30M
YoY Change -30.62% -52.34% -35.8%
Acquisitions
YoY Change
Other Investing Activities $60.09M -$63.40M -$24.70M
YoY Change -194.78% 15750.0% 3428.57%
Cash From Investing Activities $55.86M -$69.50M -$36.00M
YoY Change -180.37% 426.52% 96.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -112.7M -72.70M -229.6M
YoY Change 55.0% -35.15% 159.14%
NET CHANGE
Cash From Operating Activities 96.59M 13.70M -20.80M
Cash From Investing Activities 55.86M -69.50M -36.00M
Cash From Financing Activities -112.7M -72.70M -229.6M
Net Change In Cash 39.76M -128.5M -286.4M
YoY Change -130.94% -6219.05% -28740.0%
FREE CASH FLOW
Cash From Operating Activities $96.59M $13.70M -$20.80M
Capital Expenditures -$4.232M -$6.100M -$11.30M
Free Cash Flow $100.8M $19.80M -$9.500M
YoY Change 409.2% -85.88% -107.57%

Facts In Submission

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1500000
aple Stock Repurchased During Period Weighted Average Market Purchase Price Per Share
StockRepurchasedDuringPeriodWeightedAverageMarketPurchasePricePerShare
9.42
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
14300000

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