Global Medical Financials

GMRE Stock  USD 7.61  0.21  2.69%   
Global Medical REIT may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Global Medical's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 612.8 M, whereas Retained Earnings are projected to grow to (227 M). Key indicators impacting Global Medical's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.142.2538
Notably Down
Slightly volatile
The financial analysis of Global Medical is a critical element in measuring its lifeblood. Investors should not minimize Global Medical's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

21.64 Million

  
Understanding current and past Global Medical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Global Medical's financial statements are interrelated, with each one affecting the others. For example, an increase in Global Medical's assets may result in an increase in income on the income statement.
Please note, the presentation of Global Medical's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Global Medical's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Global Medical's management manipulating its earnings.

Global Medical Stock Summary

Global Medical competes with Healthpeak Properties, Ventas, National Health, Sabra Healthcare, and Healthcare Realty. Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share. Global Medical operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. It employs 26 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS37954A2042
CUSIP37954A204
LocationMaryland; U.S.A
Business Address7373 Wisconsin Avenue,
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.globalmedicalreit.com
Phone202 524 6851
CurrencyUSD - US Dollar

Global Medical Key Financial Ratios

Global Medical Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets884.9M1.1B1.3B1.4B1.3B1.3B
Other Current Liab12.7M12.5M15.7M(625.1M)11.7M12.3M
Net Debt383.4M581.1M564.5M690.1M616.8M647.6M
Retained Earnings(71.4M)(116.8M)(157.0M)(198.7M)(239.0M)(227.0M)
Cash2.8M5.5M7.2M4.0M1.3M1.2M
Other Current Assets(29.8M)(41.5M)(50.3M)18.3M6.1M6.4M
Total Liab424.6M643.1M625.9M744.2M661.9M695.0M
Total Current Assets15.6M21.3M24.9M30.5M67.6M71.0M
Common Stock44K49K65K66K75.9K79.7K
Net Tangible Assets313.9M363.9M541.9M552.1M634.9M666.7M
Accounts Payable5.1M7.3M10.3M13.8M12.8M13.4M
Capital Surpluse433.3M504.8M711.4M722.0M830.3M871.8M
Other Liab11.2M12.6M20.4M17.5M20.1M21.1M
Other Assets18.2M985.7M1.1B1.2B(1K)(950.0)
Long Term Debt386.2M83.0M57.2M57.7M25.9M24.6M
Net Receivables5.0M5.7M6.2M8.2M33.5M35.2M
Long Term Debt Total386.2M83.0M65.0M57.7M66.3M63.0M
Short Long Term Debt6.5M521.6M514.6M636.4M585.3M614.6M
Short Term Debt347.5M521.6M514.6M636.4M405K384.8K
Good Will29.3M36.3M59.1M5.9M5.3M5.0M

Global Medical Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense17.5M18.7M19.7M25.2M30.9M32.4M
Operating Income27.3M16.5M37.1M38.8M37.9M39.8M
Ebit27.3M(24.5M)5.0M(2.3M)52.6M55.3M
Ebitda52.0M53.0M84.0M96.5M111.6M117.2M
Income Before Tax9.6M(2.5M)18.3M20.0M21.7M22.8M
Net Income(8.2M)(20.6M)(2.1M)(5.2M)20.6M21.6M
Income Tax Expense17.8M18.1M20.4M25.2M1.1M1.1M
Total Revenue70.7M93.7M115.9M137.3M140.9M71.8M
Gross Profit64.8M82.9M100.4M112.1M54.7M55.2M
Cost Of Revenue6.0M10.9M15.5M25.2M86.2M90.5M
Non Recurring17.7M19.0M19.8M25.6M29.4M30.9M
Minority Interest30.1M(574K)(720K)854K(1.2M)(1.2M)
Net Interest Income(17.5M)(18.7M)(19.7M)(25.2M)(32.0M)(30.4M)

Global Medical Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.3M3.6M2.0M1.7M(7.7M)(7.3M)
Free Cash Flow(220.4M)(184.3M)(132.7M)(79.7M)58.4M61.3M
Other Non Cash Items1.8M1.6M2.2M(4.1M)(9.7M)(9.2M)
Capital Expenditures256.8M218.8M201.7M156.2M10.0M9.5M
Net Income9.6M(2.5M)18.3M20.0M20.6M21.6M
End Period Cash Flow7.2M10.8M12.8M14.5M6.7M8.3M
Investments(1.8M)(1.1M)(9.5M)(4.3M)69.3M72.8M
Net Borrowings69.7M187.1M(10.6M)120.0M138.0M85.3M
Depreciation25.5M36.8M47.3M57.7M59.0M62.0M
Dividends Paid35.0M45.8M58.3M64.2M64.8M34.4M
Change To Netincome3.7M5.4M5.7M(1.6M)(1.8M)(1.7M)
Change To Inventory79K584K(1.7M)200K180K189K
Change Receivables(2.1M)(1.6M)(657K)(3.0M)(2.7M)(2.5M)

Global Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Global Medical's current stock value. Our valuation model uses many indicators to compare Global Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global Medical competition to find correlations between indicators driving Global Medical's intrinsic value. More Info.
Global Medical REIT is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  2.38  of Return On Asset per Return On Equity. At present, Global Medical's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Global Medical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Global Medical REIT Systematic Risk

Global Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Global Medical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Global Medical REIT correlated with the market. If Beta is less than 0 Global Medical generally moves in the opposite direction as compared to the market. If Global Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global Medical REIT is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global Medical is generally in the same direction as the market. If Beta > 1 Global Medical moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Global Medical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Global Medical's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Global Medical growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0865)

At present, Global Medical's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Global Medical December 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Global Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Global Medical REIT. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global Medical REIT based on widely used predictive technical indicators. In general, we focus on analyzing Global Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Global Medical's daily price indicators and compare them against related drivers.

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When running Global Medical's price analysis, check to measure Global Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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