Netstreit Corp Financials

NTST Stock  USD 16.20  0.22  1.38%   
Based on the analysis of Netstreit Corp's profitability, liquidity, and operating efficiency, Netstreit Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Netstreit Corp's Other Current Assets are comparatively stable compared to the past year. Net Working Capital is likely to gain to about 112.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 703 M in 2024. Key indicators impacting Netstreit Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.460.4845
Notably Down
Slightly volatile
Current Ratio7.728.1232
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for Netstreit Corp includes many different criteria found on its balance sheet. An individual investor should monitor Netstreit Corp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Netstreit Corp.

Net Income

7.18 Million

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

Netstreit Corp Stock Summary

Netstreit Corp competes with Site Centers, CBL Associates, Urban Edge, Acadia Realty, and Retail Opportunity. NETSTREIT is an internally managed Real Estate Investment Trust based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. Led by a management team of seasoned commercial real estate executives, NETSTREITs strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors. NetSTREIT Corp operates under REITRetail classification in the United States and is traded on New York Stock Exchange.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS64119V3033
CUSIP64119V303
LocationTexas; U.S.A
Business Address2021 McKinney Avenue,
SectorRetail REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.netstreit.com
Phone972 200 7100
CurrencyUSD - US Dollar

Netstreit Corp Key Financial Ratios

Netstreit Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets433.9M725.8M1.1B1.6B1.9B1.1B
Other Current Liab877K4.2M78.6M16.9M21.4M22.8M
Other Liab5.8M18.7M24.2M33.9M39.0M41.0M
Net Tangible Assets135.7M419.1M654.4M897.8M1.0B1.1B
Net Debt9.3M98.4M254.0M453.8M621.8M652.9M
Retained Earnings28K(7.5M)(35.1M)(66.9M)(112.3M)(106.7M)
Accounts Payable1.2M916K419K1.4M4.7M4.9M
Cash169.3M92.6M7.6M70.5M18.4M17.5M
Other Assets1.6M558.1M936.1M1.3B1.6B806.8M
Long Term Debt173.9M174.1M174.3M381.2M529.8M307.4M
Net Receivables640K2.9M5.1M46.4M133.7M140.4M
Other Current Assets(169.9M)15.8M4.4M32.2M65.8M69.1M
Total Liab181.5M197.7M278.6M547.3M672.8M390.2M
Net Invested Capital338.4M668.2M1.0B1.5B1.9B1.1B
Total Current Assets179.6M107.4M9.7M140.1M217.9M131.5M
Capital Stock89K282K442K580K732K389.6K
Net Working Capital176.4M102.5M(61.8M)4.2M107.5M112.9M
Intangible Assets28.8M75.0M124.8M151.0M161.4M105.2M
Common Stock89K282K442K580K732K695.4K

Netstreit Corp Key Income Statement Accounts

The reason investors look at the income statement is to determine what Netstreit Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Net Interest Income(10.7M)(4.7M)(3.7M)(9.2M)(13.8M)(14.5M)
Interest Expense10.9M4.7M3.7M9.2M20.3M21.3M
Total Revenue19.8M33.7M59.1M96.3M131.9M66.9M
Gross Profit18.7M31.2M53.3M84.6M131.4M138.0M
Operating Income5.7M4.3M8.2M15.6M31.2M32.7M
Ebit5.7M(12.7M)(13.3M)(16.5M)31.0M32.5M
Ebitda16.1M19.8M39.0M65.7M94.7M49.2M
Cost Of Revenue1.1M2.6M5.8M11.7M456K433.2K
Income Before Tax(8.1M)212K3.2M8.6M6.8M7.2M
Net Income(20.3M)(4.0M)3.0M8.1M6.8M7.2M
Income Tax Expense12.3M4.2M59K396K(49K)(46.6K)

Netstreit Corp Key Cash Accounts

201920202021202220232024 (projected)
Investments75.9M(362.1M)(430.1M)(468.4M)(452.0M)(429.4M)
Change In Cash(394K)(76.7M)(85.0M)62.9M(40.6M)(38.6M)
Free Cash Flow6.0M12.7M30.7M49.4M80.1M84.1M
Depreciation10.4M15.5M30.8M50.1M63.7M33.6M
Other Non Cash Items4.2M(1.8M)(7.0M)(7.4M)2.3M2.4M
Dividends Paid5.6M8.8M31.3M40.0M51.8M27.1M
Net Income(8.1M)212K3.2M8.2M6.9M7.2M
End Period Cash Flow1.6M92.6M7.6M70.5M29.9M37.4M
Change To Netincome3.1M(4.0M)2.1M960K864K820.8K

Netstreit Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Netstreit Corp's current stock value. Our valuation model uses many indicators to compare Netstreit Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Netstreit Corp competition to find correlations between indicators driving Netstreit Corp's intrinsic value. More Info.
Netstreit Corp 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 . At this time, Netstreit Corp's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Netstreit Corp 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.

Netstreit Corp Systematic Risk

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

Price Earnings To Growth Ratio

(5.07)

At this time, Netstreit Corp's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Netstreit Corp November 22, 2024 Opportunity Range

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

Additional Tools for Netstreit Stock Analysis

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