Global Medical REIT Inc. (GMRE) financial statements (2021 and earlier)
Company profile
| Business Address |
2 BETHESDA METRO CENTER BETHESDA, MD 20814 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| SIC | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3 | 3 | 3 | 2 | 4 | 3 | 5 | ||
| Cash and cash equivalents | 3 | 3 | 3 | 2 | 4 | 3 | 5 | ||
| Total current assets: | 3 | 3 | 3 | 2 | 4 | 3 | 5 | ||
| Noncurrent Assets | |||||||||
| Other noncurrent assets | 4 | 4 | 4 | 3 | 0 | 1 | 2 | ||
| Total noncurrent assets: | 4 | 4 | 4 | 3 | 0 | 1 | 2 | ||
| Other undisclosed assets | 879 | 805 | 744 | 652 | 632 | 600 | 595 | ||
| TOTAL ASSETS: | 885 | 812 | 751 | 657 | 636 | 604 | 602 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 11 | 11 | 13 | ||||||
| Finance lease, liability | 11 | 11 | ✕ | ✕ | ✕ | ||||
| Capital lease obligations | ✕ | ✕ | 13 | ✕ | |||||
| Liabilities, other than long-term debt | 1 | 1 | |||||||
| Lease deposit liability | 1 | 1 | ✕ | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 12 | 12 | 13 | ||||||
| Other undisclosed liabilities | 412 | 429 | 376 | 286 | 336 | 349 | 347 | ||
| Total liabilities: | 425 | 441 | 389 | 286 | 336 | 349 | 347 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 430 | 341 | 331 | 340 | 269 | 237 | 238 | ||
| Preferred stock | 75 | 75 | 75 | 75 | 75 | 75 | 75 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 433 | 340 | 323 | 322 | 243 | 209 | 206 | ||
| Accumulated other comprehensive loss | (7) | (11) | (9) | (6) | (4) | (0) | (43) | ||
| Accumulated deficit | (71) | (64) | (57) | (51) | (45) | (47) | |||
| Stockholders' equity attributable to noncontrolling interest | 30 | 30 | 30 | 30 | 30 | 18 | 17 | ||
| Total stockholders' equity: | 460 | 371 | 362 | 371 | 300 | 255 | 256 | ||
| TOTAL LIABILITIES AND EQUITY: | 885 | 812 | 751 | 657 | 636 | 604 | 602 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Operating lease, lease income | 20 | 18 | ✕ | ✕ | ✕ | |||
| Operating leases, income statement, lease revenue | ✕ | ✕ | 17 | 15 | 13 | 13 | 13 | |
| Gross profit: | 20 | 18 | 17 | 15 | 14 | 14 | 13 | |
| Operating expenses | (18) | (16) | (14) | (13) | (13) | (12) | (12) | |
| Operating income: | 3 | 2 | 2 | 2 | 2 | 2 | 1 | |
| Interest and debt expense | (5) | (5) | (4) | (4) | (4) | (4) | (4) | |
| Loss from continuing operations: | (2) | (2) | (2) | (2) | (2) | (2) | (3) | |
| Other undisclosed income before gain (loss) on sale of properties | 17 | 15 | ||||||
| Income (loss) before gain (loss) on sale of properties: | 15 | (2) | (2) | (2) | 13 | (2) | (3) | |
| Other undisclosed net income | 8 | |||||||
| Net income (loss): | 15 | (2) | (2) | (2) | 20 | (2) | (3) | |
| Net income attributable to noncontrolling interest | 0 | |||||||
| Other undisclosed net income (loss) attributable to parent | (13) | 5 | 4 | 4 | (11) | 4 | 4 | |
| Net income attributable to parent: | 3 | 2 | 2 | 2 | 10 | 2 | 1 | |
| Preferred stock dividends and other adjustments | (1) | (1) | (1) | (1) | (1) | (1) | (1) | |
| Other undisclosed net income (loss) available to common stockholders, basic | (0) | (0) | (0) | (0) | (1) | (0) | 0 | |
| Net income (loss) available to common stockholders, diluted: | 1 | 1 | 1 | 1 | 7 | 0 | (0) | |
Comprehensive Income ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 15 | (2) | (2) | (2) | 20 | (2) | (3) | |
| Comprehensive income (loss): | 15 | (2) | (2) | (2) | 20 | (2) | (3) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | 0 | 0 | 0 | (1) | (0) | 0 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (8) | 3 | 0 | 2 | (14) | 4 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 7 | 1 | (1) | 0 | 6 | 2 | (3) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.