QTS Realty Trust, Inc. (QTS) Financial Statements (2024 and earlier)

Company Profile

Business Address 12851 FOSTER STREET, SUITE 205
OVERLAND PARK, KS 66213
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 22,77515,65311,7598,2439,5808,804
Cash and cash equivalents 22,77515,65311,7598,2439,5808,804
Total current assets: 22,77515,65311,7598,2439,5808,804
Noncurrent Assets
Operating lease, right-of-use asset 51,34257,141
Property, plant and equipment 1,193,8741,051,527895,605656,035440,090402,767
Long-term investments and receivables 22,60830,218    
Long-term investments 22,60830,218    
Intangible assets, net (including goodwill) 241,933255,522269,294283,294303,597297,440
Goodwill 173,843173,843173,843173,843173,843181,738
Intangible assets, net (excluding goodwill) 68,09081,67995,451109,451129,754115,702
Total noncurrent assets: 1,509,7571,394,4081,164,899939,329743,687700,207
Other undisclosed assets 2,366,0401,813,4721,685,3111,467,4841,333,2031,048,498
TOTAL ASSETS: 3,898,5723,223,5332,861,9692,415,0562,086,4701,757,509
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation   2,7007,80018,10026,900
Capital lease obligations2,7007,80018,10026,900
Liabilities, other than long-term debt 810749    
Deferred income tax liabilities 810749
Total noncurrent liabilities: 8107492,7007,80018,10026,900
Other undisclosed liabilities 2,313,0641,778,3331,562,5821,416,6001,115,5601,010,743
Total liabilities: 2,313,8741,779,0821,565,2821,424,4001,133,6601,037,643
Equity
Equity, attributable to parent, including: 1,476,1741,337,8171,193,986877,414834,468617,955
Common stock   511507478412
Additional paid in capital 1,622,8571,330,4441,062,4731,049,176931,783670,275
Accumulated other comprehensive income (loss) (50,451)(24,642)2,0731,283  
Other undisclosed equity, attributable to parent (96,232)32,015128,929(173,552)(97,793)(52,732)
Equity, attributable to noncontrolling interest 108,524106,634102,701113,242118,342101,911
Total equity: 1,584,6981,444,4511,296,687990,656952,810719,866
TOTAL LIABILITIES AND EQUITY: 3,898,5723,223,5332,861,9692,415,0562,086,4701,757,509

Income Statement (P&L) ($ in thousands)

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 539,368480,818450,524446,510402,363311,083
Operating leases, income statement, lease revenue360,828
Revenue, net446,510402,363311,083
Operating lease, lease income 519,858465,123
Cost of revenue
(Cost of Goods and Services Sold)
   (148,236)(153,209)(136,488)(104,355)
Gross profit: 539,368480,818302,288293,301265,875206,728
Operating expenses (473,711)(434,431)(431,863)(404,383)(364,306)(275,100)
Other undisclosed operating income  14,769 153,209136,488104,355
Operating income (loss): 65,65761,156(129,575)42,12738,05735,983
Nonoperating income (expense) 1616115067(189)(466)
Investment income, nonoperating 21111506732
Other nonoperating income (expense) 159(50)  (192)(468)
Interest and debt expense (48,760)(28,116)(29,354)(50,515)(23,159)(21,289)
Other undisclosed income from continuing operations before equity method investments, income taxes   148,236   
Income (loss) from continuing operations before equity method investments, income taxes: 17,05833,101(10,543)(8,321)14,70914,228
Loss from equity method investments (2,044)(1,473)    
Income (loss) from continuing operations before income taxes: 15,01431,628(10,543)(8,321)14,70914,228
Income tax expense (benefit) (438)373,368   
Income (loss) from continuing operations: 14,57631,665(7,175)(8,321)14,70914,228
Income (loss) before gain (loss) on sale of properties:14,57631,665(7,175)(8,321)14,70914,228
Other undisclosed net income    9,7789,9769,901
Net income (loss): 14,57631,665(7,175)1,45724,68524,129
Net income (loss) attributable to noncontrolling interest 1,330(374)2,715(175)(3,160)(3,803)
Net income (loss) attributable to parent: 15,90631,291(4,460)1,28221,52520,326
Preferred stock dividends and other adjustments (28,180)(28,180)(16,666)   
Net income (loss) available to common stockholders, basic: (12,274)3,111(21,126)1,28221,52520,326
Dilutive securities, effect on basic earnings per share (16,360)(7,828)(947)(593)3,1603,803
Net income (loss) available to common stockholders, diluted: (28,634)(4,717)(22,073)68924,68524,129

Comprehensive Income ($ in thousands)

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 14,57631,665(7,175)1,45724,68524,129
Other undisclosed comprehensive income (loss) (16,756)(30,091)1,0051,449  
Comprehensive income (loss): (2,180)1,574(6,170)2,90624,68524,129
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 213(169)711(349)(3,160)(3,803)
Comprehensive income (loss), net of tax, attributable to parent: (1,967)1,405(5,459)2,55721,52520,326

Statements Sources

The financial statements are based on the Company's filings with 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.

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