City Office Financials

CIO Stock  USD 5.08  0.16  3.25%   
Based on the measurements of operating efficiency obtained from City Office's historical financial statements, City Office is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, City Office's Intangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Other Assets is likely to grow to about 1.5 B, while Total Assets are likely to drop about 907.7 M. Key indicators impacting City Office's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.940.9865
Sufficiently Down
Slightly volatile
Current Ratio0.380.397
Sufficiently Down
Slightly volatile
Investors should never underestimate City Office's 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 City Office's cash flow, debt, and profitability to make informed and accurate decisions about investing in City Office.

Cash And Equivalents

29.4 Million

  
Understanding current and past City Office Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of City Office's financial statements are interrelated, with each one affecting the others. For example, an increase in City Office's assets may result in an increase in income on the income statement.

City Office Stock Summary

City Office competes with Hudson Pacific, Piedmont Office, Office Properties, Kilroy Realty, and Douglas Emmett. invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area . City Office operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 19 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1785871013
CUSIP178587101
LocationBritish Columbia; Canada
Business AddressSuite 3210, Vancouver,
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.cioreit.com
Phone604 806 3366
CurrencyUSD - US Dollar

City Office Key Financial Ratios

City Office Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.6B1.6B1.5B907.7M
Other Current Liab(6.2M)531K(142M)(200.5M)658K690.9K
Net Debt537.1M651.9M632.3M862.4M639.4M461.7M
Cash70.1M25.3M21.3M28.2M30.1M23.0M
Net Receivables32.1M33.0M30.4M44.4M53.5M56.1M
Other Current Assets(119.6M)(78.9M)(72.7M)16.1M13.3M14.0M
Total Liab679.3M739.4M730.9M771.3M738.7M514.7M
Total Current Assets124.1M125.0M72.7M88.7M96.8M72.7M
Intangible Assets67.5M44.1M68.9M55.4M42.4M48.0M
Other Liab35.1M26.5M50.2M35.1M40.4M23.8M
Accounts Payable28.8M25.4M27.1M35.8M29.1M20.1M
Other Assets35.4M1.1B1.5B1.4B1.4B1.5B
Long Term Debt607.3M677.2M653.6M489.6M469.5M465.4M
Net Tangible Assets368.5M260.8M688.7M635.4M730.7M767.2M
Short Term Debt6.3M75M142M200.5M107.7M92.7M
Common Stock545K433K435K397K399K379.1K
Retained Earnings(142.4M)(173.0M)275.5M251.5M221.2M232.3M
Long Term Debt Total607.3M677.2M653.6M690.1M793.6M570.5M

City Office Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense28.4M26.4M23.3M25.8M31.9M18.6M
Total Revenue156.3M160.8M164.0M180.5M179.1M108.5M
Gross Profit99.0M102.5M106.0M112.7M109.1M67.9M
Operating Income28.8M31.5M33.2M35.3M31.3M17.2M
Ebit28.8M(37.5M)(40.3M)(46.3M)31.3M32.8M
Ebitda86.6M91.8M90.5M97.7M94.3M63.3M
Cost Of Revenue57.3M58.3M58.0M67.7M70.0M40.6M
Income Before Tax2.4M5.1M485.3M17.7M(2.0M)(1.9M)
Net Income(26.6M)(21.8M)484.4M25.2M(2.7M)(2.5M)
Income Tax Expense29.0M27.0M24.2M(7.5M)32.5M34.1M
Minority Interest1.1M602K886K(691K)(687K)(652.7K)
Interest Income29.7M27.7M24.6M27.0M31.1M24.6M
Net Interest Income(29.7M)(27.7M)(24.6M)(27.0M)(32.6M)(34.2M)

City Office Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash54.4M(41.6M)(3.7M)2.0M(870K)(826.5K)
Free Cash Flow49.5M59.9M73.2M106.7M57.2M60.1M
Depreciation59.2M60.4M57.3M62.6M63.0M40.5M
Other Non Cash Items(3.9M)(2.1M)1.1M29.3M(5.2M)(5.5M)
Dividends Paid48.2M41.2M33.5M41.4M31.3M28.0M
Capital Expenditures78.0M26.4M650.2M37.5M4.8M4.6M
Net Income2.4M5.1M485.3M17.0M(2.0M)(1.9M)
End Period Cash Flow87.5M46.0M42.3M44.3M43.4M35.2M
Investments(81.9M)(27.8M)(17.4M)(47.1M)(41.7M)(43.8M)
Net Borrowings(62.6M)68.7M(24.9M)35.2M31.7M44.4M
Change To Netincome(6.9M)(2.4M)(474.6M)(13.6M)(12.2M)(12.8M)
Change To Inventory5.5M4.2M(451K)(686K)(788.9K)(749.5K)
Change Receivables(1.1M)(182K)(654K)37.5M43.1M45.3M

City Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining City Office's current stock value. Our valuation model uses many indicators to compare City Office value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across City Office competition to find correlations between indicators driving City Office's intrinsic value. More Info.
City Office is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, City Office's Return On Equity is very 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 City Office's earnings, one of the primary drivers of an investment's value.

City Office Systematic Risk

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

Price Earnings To Growth Ratio

0.78

At this time, City Office's Price Earnings To Growth Ratio is very stable compared to the past year.

City Office November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of City Office help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of City Office. We use our internally-developed statistical techniques to arrive at the intrinsic value of City Office based on widely used predictive technical indicators. In general, we focus on analyzing City Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build City Office's daily price indicators and compare them against related drivers.
When determining whether City Office offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Office's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of City Office Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Office Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of City Office. If investors know City will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about City Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Dividend Share
0.4
Earnings Share
(0.42)
Revenue Per Share
4.329
Quarterly Revenue Growth
(0.04)
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because City Office's market value can be influenced by many factors that don't directly affect City Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.