Alexanders Financials

ALX Stock  USD 219.23  0.57  0.26%   
Based on the key indicators related to Alexanders' liquidity, profitability, solvency, and operating efficiency, Alexanders is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Alexanders' Deferred Long Term Liabilities is fairly stable compared to the past year. Non Current Liabilities Other is likely to rise to about 22.1 M in 2024, whereas Total Assets are likely to drop slightly above 1.2 B in 2024. Key indicators impacting Alexanders' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio4.374.5972
Notably Down
Slightly volatile
Operating Income61.9 M102.4 M
Way Down
Very volatile
Current Ratio13.9313.2644
Sufficiently Up
Slightly volatile
Investors should never underestimate Alexanders' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Alexanders' cash flow, debt, and profitability to make informed and accurate decisions about investing in Alexanders.

Cash And Equivalents

355.89 Million

  
Understanding current and past Alexanders Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alexanders' financial statements are interrelated, with each one affecting the others. For example, an increase in Alexanders' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Alexanders' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alexanders. Check Alexanders' Beneish M Score to see the likelihood of Alexanders' management manipulating its earnings.

Alexanders Stock Summary

Alexanders competes with Saul Centers, Urban Edge, Site Centers, Kite Realty, and Acadia Realty. Alexanders, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area. Alexanders operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 70 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0147521092
CUSIP014752109
LocationNew Jersey; U.S.A
Business Address210 Route 4
SectorRetail REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.alx-inc.com
Phone201 587 8541
CurrencyUSD - US Dollar

Alexanders Key Financial Ratios

Alexanders Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.4B1.4B1.2B
Net Debt672.9M727.5M626.1M896.1M560.7M611.0M
Retained Earnings216.4M166.2M206.9M172.2M182.3M136.8M
Cash298.1M428.7M463.5M194.9M531.9M274.7M
Other Assets43.3M73.9M67.7M48.0M22.6M21.5M
Total Liab1.0B1.2B1.1B1.2B1.2B979.1M
Total Current Assets500.9M609.3M625.3M613.6M706.5M437.5M
Net Receivables172.5M153.4M141.8M132.2M130.9M133.9M
Other Current Liab1.4M1.5M879K801K715K679.3K
Other Liab3.0M7.9M4.2M574K516.6K490.8K
Accounts Payable31.8M35.3M44.7M48.8M51.8M42.7M
Long Term Debt971.0M1.2B1.1B1.1B1.1B1.0B
Net Tangible Assets253.5M203.2M252.6M236.5M212.8M241.5M
Long Term Debt Total971.0M1.2B1.1B1.1B981.9M897.0M
Capital Surpluse32.4M33.0M33.4M33.9M38.9M35.1M
Other Current Assets(486.4M)(603.3M)(625.3M)(613.6M)21.1M22.2M
Short Term Debt971.0M1.2B1.1B1.1B800K760K

Alexanders Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense38.9M24.2M19.7M28.6M58.3M34.7M
Operating Income107.7M74.7M76.8M86.2M102.4M61.9M
Ebit107.7M(25.8M)(15.0M)(8.7M)84.5M54.0M
Ebitda144.2M109.9M111.4M117.7M117.4M82.9M
Net Income21.2M17.7M132.9M29.0M102.4M51.5M
Income Tax Expense38.9M24.2M17.3M28.6M84.5M88.7M
Total Revenue226.4M199.1M206.1M205.8M225.0M146.2M
Gross Profit136.6M110.7M185.0M115.4M88.4M95.2M
Income Before Tax60.1M41.9M130.6M57.6M102.4M56.1M
Cost Of Revenue89.7M88.4M21.1M90.4M136.5M84.4M
Interest Income8.2M2.7M639K6.8M18.9M19.9M
Net Interest Income(30.7M)(21.5M)(19.0M)(21.8M)(33.4M)(35.0M)

Alexanders Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Alexanders. It measures of how well Alexanders is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Alexanders brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Alexanders had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Alexanders has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash24.5M135.9M33.6M(269.0M)338.5M355.4M
Free Cash Flow126.1M78.1M118.5M102.5M109.1M114.6M
Depreciation36.5M35.1M34.6M31.5M34.6M24.4M
Other Non Cash Items2.4M21.1M9.8M5.0M(45.1M)(42.9M)
Capital Expenditures4.0M9.4M32.5M19.5M14.4M0.0
Net Income60.1M41.9M132.9M57.6M102.4M66.9M
End Period Cash Flow314.0M449.9M483.5M214.5M553.0M281.2M
Change To Netincome11.6M34.4M(65.5M)5.5M6.3M6.6M
Dividends Paid92.1M92.2M92.2M92.3M92.3M93.4M
Investments(9.4M)(32.5M)13.1M(279.3M)246.4M258.7M
Change Receivables(2.0M)(6.1M)1.7M1.7M1.5M1.6M
Net Borrowings(15K)182.5M(68M)(46K)(52.9K)(50.3K)

Alexanders Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alexanders's current stock value. Our valuation model uses many indicators to compare Alexanders value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alexanders competition to find correlations between indicators driving Alexanders's intrinsic value. More Info.
Alexanders is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.19  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Alexanders is roughly  5.32 . At this time, Alexanders' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alexanders' earnings, one of the primary drivers of an investment's value.

Alexanders Systematic Risk

Alexanders' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alexanders 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Alexanders correlated with the market. If Beta is less than 0 Alexanders generally moves in the opposite direction as compared to the market. If Alexanders Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alexanders is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alexanders is generally in the same direction as the market. If Beta > 1 Alexanders moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Alexanders Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alexanders' 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 Alexanders growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0444

At this time, Alexanders' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Alexanders November 22, 2024 Opportunity Range

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

Additional Tools for Alexanders Stock Analysis

When running Alexanders' price analysis, check to measure Alexanders' 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 Alexanders is operating at the current time. Most of Alexanders' value examination focuses on studying past and present price action to predict the probability of Alexanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexanders' price. Additionally, you may evaluate how the addition of Alexanders to your portfolios can decrease your overall portfolio volatility.