Financial Snapshot

Revenue
$136.6M
TTM
Gross Margin
Net Earnings
$1.313M
TTM
Current Assets
$14.25M
Q3 2024
Current Liabilities
$33.11M
Q3 2024
Current Ratio
43.04%
Q3 2024
Total Assets
$1.243B
Q3 2024
Total Liabilities
$700.0M
Q3 2024
Book Value
$542.6M
Q3 2024
Cash
$5.723M
Q3 2024
P/E
452.3
Nov 13, 2024 EST
Free Cash Flow
$41.81M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $141.0M $137.3M $115.9M $93.73M $70.73M $53.19M $30.34M $8.211M $2.062M $600.0K $0.00 $0.00 $0.00 $0.00
YoY Change 2.74% 18.41% 23.69% 32.53% 32.96% 75.3% 269.55% 298.21% 243.67%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $141.0M $137.3M $115.9M $93.73M $70.73M $53.19M $30.34M $8.211M $2.062M $600.0K $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $16.85M $16.55M $16.45M $29.96M $12.80M $9.960M $8.610M $5.730M $870.0K $350.0K $50.00K $50.00K $0.00 $0.00
YoY Change 1.86% 0.56% -45.08% 134.06% 28.51% 15.68% 50.26% 558.62% 148.57% 600.0% 0.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.27M $40.01M $33.83M $26.75M $19.07M $13.64M $7.929M $2.335M $660.0K $200.0K $130.0K
YoY Change 3.14% 18.28% 26.46% 40.29% 39.74% 72.08% 239.57% 253.79% 230.0% 53.85%
% of Gross Profit
Operating Expenses $134.0M $124.0M $98.66M $96.23M $61.14M $46.31M $30.43M $14.56M $3.671M $560.0K $50.00K $50.00K $0.00 $0.00
YoY Change 8.04% 25.72% 2.53% 57.4% 32.03% 52.17% 108.95% 296.74% 555.52% 1020.0% 0.0%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense $30.89M $25.23M $19.70M $18.68M $17.47M $14.98M $7.435M $4.139M $1.519M -$450.0K -$300.0K
YoY Change 22.45% 28.1% 5.44% 6.91% 16.67% 101.41% 79.63% 172.46% -437.58% 50.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income $21.73M $20.00M $18.34M -$2.500M $9.590M $14.56M -$90.00K -$6.350M -$1.610M -$410.0K -$50.00K -$50.00K $0.00 $0.00
YoY Change 8.69% 9.02% -833.68% -126.07% -34.13% -16277.78% -98.58% 294.41% 292.68% 720.0% 0.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings $21.73M $20.00M $18.34M -$2.499M $9.588M $14.56M -$87.00K -$6.353M -$1.609M -$410.0K -$50.00K -$50.00K $0.00 $0.00
YoY Change 8.69% 9.02% -833.97% -126.06% -34.15% -16836.78% -98.63% 294.84% 292.44% 720.0% 0.0%
Net Earnings / Revenue 15.41% 14.57% 15.82% -2.67% 13.56% 27.37% -0.29% -77.37% -78.03% -68.33%
Basic Earnings Per Share $0.23 $0.20 $0.19 -$0.17 $0.10
Diluted Earnings Per Share $0.23 $0.20 $0.19 -$0.17 $0.10 $614.0K -$2.039K -$682.8K -$6.440M -$1.640M -$2.500M -$5.000M $0.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $1.278M $4.016M $7.213M $5.500M $2.800M $3.600M $5.100M $19.70M $9.200M $100.0K $0.00 $0.00 $0.00 $0.00
YoY Change -68.18% -44.32% 31.15% 96.43% -22.22% -29.41% -74.11% 114.13% 9100.0%
Cash & Equivalents $1.278M $4.016M $7.213M $5.500M $2.800M $3.600M $5.100M
Short-Term Investments
Other Short-Term Assets $0.00 $0.00 $0.00 $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables $0.00 $0.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $8.233M $12.26M $13.45M $11.20M $7.800M $6.500M $5.800M $19.90M $9.200M $100.0K $200.0K
YoY Change -32.82% -8.85% 20.05% 43.59% 20.0% 12.07% -70.85% 116.3% 9100.0% -50.0%
Property, Plant & Equipment $1.122B $1.198B $1.116B $978.7M $793.0M $616.9M $457.9M $196.4M $55.10M $24.00M $21.70M
YoY Change -6.4% 7.38% 14.02% 23.42% 28.55% 34.72% 133.15% 256.44% 129.58% 10.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $34.63M $49.27M $38.84M $30.80M $22.60M $12.30M $7.600M $3.800M $1.000M $200.0K
YoY Change -29.71% 26.86% 26.09% 36.28% 83.74% 61.84% 100.0% 280.0% 400.0%
Total Long-Term Assets $1.259B $1.381B $1.250B $1.090B $877.1M $629.6M $466.0M $207.4M $56.10M $24.20M -$200.0K
YoY Change -8.8% 10.48% 14.71% 24.24% 39.31% 35.11% 124.69% 269.7% 131.82% -12200.0%
Total Assets $1.268B $1.393B $1.263B $1.101B $884.9M $636.1M $471.8M $227.3M $65.30M $24.30M $0.00 $0.00 $100.0K $100.0K
YoY Change
Accounts Payable $12.78M $13.82M $10.34M $7.300M $5.100M $0.00 $0.00 $0.00
YoY Change -7.51% 33.59% 41.7% 43.14%
Accrued Expenses $7.680M $2.922M $4.479M $6.200M $2.400M $3.700M $2.000M $600.0K $700.0K $300.0K $0.00 $0.00 $0.00 $0.00
YoY Change 162.83% -34.76% -27.76% 158.33% -35.14% 85.0% 233.33% -14.29% 133.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $400.0K $400.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 0.0%
Long-Term Debt Due $4.500M
YoY Change
Total Short-Term Liabilities $40.28M $38.02M $35.03M $30.30M $25.20M $15.90M $10.80M $5.900M $1.900M $600.0K $4.900M
YoY Change 5.94% 8.54% 15.61% 20.24% 58.49% 47.22% 83.05% 210.53% 216.67% -87.76%
Long-Term Debt $611.2M $694.1M $571.7M $586.6M $386.2M $315.0M $200.7M $66.10M $63.50M $21.90M $0.00 $0.00 $0.00 $0.00
YoY Change -11.94% 21.41% -2.54% 51.89% 22.6% 56.95% 203.63% 4.09% 189.95%
Other Long-Term Liabilities $10.37M $12.05M $19.15M $26.30M $13.20M $5.500M $1.300M $300.0K
YoY Change -13.96% -37.05% -27.19% 99.24% 140.0% 323.08% 333.33%
Total Long-Term Liabilities $621.6M $706.2M $590.9M $612.9M $399.4M $320.5M $202.0M $66.40M $63.50M $21.90M $0.00 $0.00 $0.00 $0.00
YoY Change -11.98% 19.51% -3.59% 53.46% 24.62% 58.66% 204.22% 4.57% 189.95%
Total Liabilities $684.1M $760.3M $640.7M $656.1M $454.7M $366.8M $225.5M $72.30M $65.50M $22.60M $0.00 $0.00 $0.00 $0.00
YoY Change -10.02% 18.66% -2.35% 44.29% 23.96% 62.66% 211.89% 10.38% 189.82%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 65.55M 65.46M 60.64M 46.26M 33.87M
Diluted Shares Outstanding 65.55M 65.46M 60.64M 46.26M 33.87M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $593.88 Million

About Global Medical REIT Inc

Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and the leasing of those properties to healthcare systems and physician groups. The company is headquartered in Bethesda, Maryland and currently employs 26 full-time employees. The company went IPO on 2012-11-02. The firm acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The firm conducts its business through a wholly owned subsidiaries of its operating partnership, Global Medical REIT L.P. The company owns 92.91% of the outstanding common operating partnership units (OP Units) of its operating partnership, with an aggregate of 7.09% of the Operating Partnership owned by holders of long-term incentive plan units (LTIP Units) and third-party limited partners who contributed properties or services to the operating partnership in exchange for OP Units. Its portfolio includes medical office buildings (MOBs), inpatient rehab. facility (IRF), surgical hospital and others. The firm's portfolio is located in various areas, including Texas, Florida, Ohio, Oklahoma, Pennsylvania, Arizona, and Illinois.

Industry: Real Estate Investment Trusts Peers: Healthcare Trust Inc CareTrust REIT Inc Community Healthcare Trust Inc Diversified Healthcare Trust SELECTIS HEALTH, INC. Welltower Inc LTC PROPERTIES INC National Health Investors Inc Universal Health Realty Income Trust