Global Medical REIT Inc. (GMRE) financial statements (2022 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)

12/31/2021
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 investments76345209
Cash and cash equivalents76345209
Receivables0      
Total current assets:76345209
Noncurrent Assets
Property, plant and equipment      56
Intangible assets, net (including goodwill)66   7 
Goodwill66     
Intangible assets, net (excluding goodwill)     7 
Other noncurrent assets654000 
Total noncurrent assets:1211400756
Other undisclosed assets1,2441,0848796324692000
TOTAL ASSETS:1,2631,10188563647522765
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Due to related parties      0
Total current liabilities:      0
Noncurrent Liabilities
Long-term debt and lease obligation 1911    
Finance lease, liability 1911
Liabilities, other than long-term debt  1    
Lease deposit liability  1
Total noncurrent liabilities: 1912    
Other undisclosed liabilities6266244123362167265
Total liabilities:6266434253362167265
Stockholders' equity
Stockholders' equity attributable to parent623445430269246155(0)
Preferred stock7575757575  
Common stock0000000
Additional paid in capital7115054332432061723
Accumulated other comprehensive loss(7)(18)(7)(4)(34)(17) 
Accumulated deficit(157)(117)(71)(45)  (3)
Stockholders' equity attributable to noncontrolling interest1513303013  
Total stockholders' equity:638458460300259155(0)
TOTAL LIABILITIES AND EQUITY:1,2631,10188563647522765

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1169471533082
Revenue, net3082
Operating lease, lease income1169471
Operating leases, income statement, lease revenue50
Cost of revenue
(Cost of Goods and Services Sold)
     (1) 
Gross profit:1169471533072
Operating expenses(99)(96)(61)(46)(30)(15)(4)
Operating income (loss):17(2)107(0)(7)(2)
Interest and debt expense(20)(19)(17)(15)(7)(4)(2)
Loss from continuing operations before income taxes:(2)(21)(8)(8)(8)(11)(3)
Other undisclosed income from continuing operations20      
Income (loss) from continuing operations:17(21)(8)(8)(8)(11)(3)
Other undisclosed income before gain (loss) on sale of properties 191715   
Income (loss) before gain (loss) on sale of properties:17(2)107(8)(11)(3)
Gain on sale of properties, net of applicable income taxes   8   
Net income (loss):17(2)1015(8)(11)(3)
Net income attributable to noncontrolling interest    0  
Other undisclosed net income attributable to parent1   752
Net income (loss) attributable to parent:18(2)1015(0)(6)(2)
Preferred stock dividends and other adjustments(6)(6)(6)(6)(2)  
Other undisclosed net income (loss) available to common stockholders, basic(1)1(0)(1)0  
Net income (loss) available to common stockholders, diluted:12(8)38(2)(6)(2)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):17(2)1015(8)(11)(3)
Comprehensive income (loss):17(2)1015(8)(11)(3)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)1(0)(1)0  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent14(13)(3)(3)   
Comprehensive income (loss), net of tax, attributable to parent:30(14)711(7)(11)(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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: