Global Medical REIT (GMRE) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
138.4M
Gross Profit
109.2M
78.87%
Operating Income
32.7M
23.61%
Net Income
6.7M
4.83%
Balance Sheet Metrics
Total Assets
1.3B
Total Liabilities
700.6M
Shareholders Equity
555.9M
Debt to Equity
1.26
Cash Flow Metrics
Operating Cash Flow
69.1M
Free Cash Flow
-25.1M
Revenue & Profitability Trend
Global Medical REIT Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 138.4M | 140.9M | 137.2M | 115.8M | 93.5M |
| Cost of Goods Sold | 29.3M | 28.1M | 25.2M | 15.5M | 10.9M |
| Gross Profit | 109.2M | 112.9M | 112.0M | 100.3M | 82.7M |
| Operating Expenses | 21.1M | 16.9M | 16.5M | 16.5M | 30.0M |
| Operating Income | 32.7M | 37.9M | 38.7M | 37.0M | 16.3M |
| Pre-tax Income | 6.7M | 21.7M | 20.0M | 18.3M | -2.5M |
| Income Tax | - | - | - | - | - |
| Net Income | 6.7M | 21.7M | 20.0M | 18.3M | -2.5M |
| EPS (Diluted) | - | $0.23 | $0.20 | $0.19 | -$0.17 |
Income Statement Trend
Global Medical REIT Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 17.3M | 14.4M | 30.5M | 24.9M | 21.3M |
| Non-Current Assets | 1.2B | 1.3B | 1.4B | 1.2B | 1.1B |
| Total Assets | 1.3B | 1.3B | 1.4B | 1.3B | 1.1B |
| Liabilities | |||||
| Current Liabilities | 671.4M | 619.3M | 670.5M | 540.6M | 541.4M |
| Non-Current Liabilities | 29.1M | 42.5M | 73.7M | 85.3M | 101.8M |
| Total Liabilities | 700.6M | 661.9M | 744.2M | 625.9M | 643.1M |
| Equity | |||||
| Total Shareholders Equity | 555.9M | 605.8M | 649.1M | 637.6M | 457.8M |
Balance Sheet Composition
Global Medical REIT Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 6.7M | 21.7M | 20.0M | 18.3M | -2.5M |
| Operating Cash Flow | 69.1M | 84.1M | 82.4M | 69.7M | 35.2M |
| Investing Activities | |||||
| Capital Expenditures | -81.7M | -442.0K | -150.9M | -192.3M | -217.7M |
| Investing Cash Flow | -89.9M | -1.7M | -149.9M | -190.7M | -222.6M |
| Financing Activities | |||||
| Dividends Paid | -65.7M | -64.8M | -64.2M | -58.3M | -45.8M |
| Financing Cash Flow | -21.9M | -280.2M | 46.9M | 125.1M | 366.6M |
| Free Cash Flow | -25.1M | 58.4M | -79.7M | -132.7M | -184.3M |
Cash Flow Trend
Global Medical REIT Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
209.00
Forward P/E
78.38
Price to Book
0.95
Price to Sales
6.17
PEG Ratio
78.38
Profitability Ratios
Profit Margin
5.75%
Operating Margin
27.91%
Return on Equity
1.43%
Return on Assets
1.64%
Financial Health
Current Ratio
1.37
Debt to Equity
127.91
Beta
1.18
Per Share Data
EPS (TTM)
$0.03
Book Value per Share
$6.62
Revenue per Share
$2.09
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| gmre | 852.7M | 209.00 | 0.95 | 1.43% | 5.75% | 127.91 |
| Welltower | 100.9B | 87.65 | 2.96 | 3.48% | 12.65% | 49.20 |
| Ventas | 28.9B | 194.30 | 2.52 | 1.38% | 2.82% | 108.90 |
| LTC Properties | 1.6B | 18.35 | 1.69 | 9.39% | 43.17% | 65.01 |
| Sila Realty Trust | 1.3B | 38.10 | 0.96 | 2.48% | 19.29% | 43.23 |
| Diversified | 887.8M | -2.40 | 0.46 | -13.96% | -19.38% | 144.76 |
Financial data is updated regularly. All figures are in the company's reporting currency.