Whitestone REIT Financials

WSR Stock  USD 14.66  0.23  1.59%   
Based on the key indicators related to Whitestone REIT's liquidity, profitability, solvency, and operating efficiency, Whitestone REIT 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, Whitestone REIT's Other Current Assets are relatively stable compared to the past year. As of 11/22/2024, Accumulated Other Comprehensive Income is likely to grow to about 2.7 M, while Short and Long Term Debt Total is likely to drop slightly above 364.1 M. Key indicators impacting Whitestone REIT's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.07560.1297
Way Down
Slightly volatile
Return On Assets0.01410.0172
Significantly Down
Slightly volatile
Return On Equity0.0430.0464
Significantly Down
Pretty Stable
Debt Equity Ratio1.421.393
Fairly Up
Pretty Stable
Operating Income81.2 M77.3 M
Sufficiently Up
Slightly volatile
Current Ratio0.520.6071
Fairly Down
Pretty Stable
Investors should never underestimate Whitestone REIT'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 Whitestone REIT's cash flow, debt, and profitability to make informed and accurate decisions about investing in Whitestone REIT.

Cash And Equivalents

13.52 Million

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

Whitestone REIT Stock Summary

Whitestone REIT competes with Regency Centers, Saul Centers, Retail Opportunity, Site Centers, and Acadia Realty. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestones strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles. Whitestone REIT operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 89 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS9660842041
CUSIP966084204
LocationTexas; U.S.A
Business Address2600 South Gessner
SectorRetail REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.whitestonereit.com
Phone713 827 9595
CurrencyUSD - US Dollar

Whitestone REIT Key Financial Ratios

Whitestone REIT Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.0B1.1B1.1B1.1B621.7M
Other Current Liab12.5M4.7M6.4M6.8M7.7M8.1M
Net Debt629.2M618.4M627.1M620.0M636.3M348.9M
Retained Earnings(204.0M)(215.8M)(224.0M)(212.4M)(217.0M)(206.1M)
Accounts Payable39.3M50.9M45.8M36.2M36.4M20.8M
Cash15.5M25.8M15.7M6.2M4.6M4.3M
Net Receivables23.3M23.3M23.2M26.9M32.1M33.7M
Other Current Assets(47.4M)(58.6M)(50.5M)(46.1M)28.9M30.3M
Total Liab703.2M706.7M703.1M678.3M693.6M390.8M
Total Current Assets51.2M60.6M52.5M46.1M65.5M34.4M
Short Term Debt11.0M1.8M102.0M735K721K685.0K
Common Stock41K42K48K49K50K25.2K
Other Liab6.6M7.0M9.1M8.4M9.7M6.4M
Net Tangible Assets345.3M332.1M392.8M418.4M481.2M276.0M
Other Assets11.4M893.9M968.5M948.5M1.1B1.1B
Long Term Debt644.7M644.2M642.8M625.4M640.2M410.0M

Whitestone REIT Key Income Statement Accounts

The reason investors look at the income statement is to determine what Whitestone REIT'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)
Interest Expense26.3M25.8M24.6M27.2M32.9M34.5M
Total Revenue119.3M117.9M125.4M140.6M147.9M77.9M
Gross Profit82.3M79.3M86.0M97.3M102.0M52.2M
Operating Income49.7M30.9M35.2M46.7M77.3M81.2M
Ebit49.7M(31.0M)(21.2M)(14.6M)54.2M56.9M
Ebitda76.4M59.2M64.1M78.4M87.2M91.5M
Cost Of Revenue36.9M38.6M39.3M43.3M46.0M25.6M
Net Income23.7M6.0M12.0M35.3M19.2M20.1M
Income Tax Expense400K379K385K422K450K472.5K
Income Before Tax24.0M6.5M10.8M36.2M19.9M18.9M
Minority Interest7.8M117K205K530K(539K)(512.1K)
Tax Provision400K379K385K422K448K419.0K
Net Interest Income(25.6M)(25.5M)(24.4M)(27.1M)(32.6M)(34.2M)
Interest Income659K278K116K65K71K67.5K

Whitestone REIT Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash1.9M10.3M(10.0M)(9.6M)9.6M10.1M
Free Cash Flow47.7M42.8M48.9M44.4M45.3M47.6M
Depreciation26.7M28.3M29.0M31.7M33.0M17.2M
Other Non Cash Items1.1M1.1M(2.2M)(14.7M)(8.5M)(8.1M)
Dividends Paid45.6M25.2M19.3M23.0M23.7M21.6M
Capital Expenditures936K48.0M7.4M91.2M40.4M0.0
Net Income23.6M6.2M10.4M35.8M19.2M20.1M
End Period Cash Flow15.6M26.0M15.9M6.4M28.8M30.2M
Change To Inventory600K(3.5M)2.5M3.5M3.1M3.0M
Investments(41.8M)922K(89.4M)(6.7M)(21.4M)(20.3M)
Net Borrowings25.2M(10.4M)(3.3M)(23.1M)(20.8M)(19.8M)
Change To Netincome(7.2M)10.3M3.4M(14.3M)(12.9M)(12.3M)

Whitestone Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Whitestone REIT's current stock value. Our valuation model uses many indicators to compare Whitestone REIT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Whitestone REIT competition to find correlations between indicators driving Whitestone REIT's intrinsic value. More Info.
Whitestone 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  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Whitestone REIT is roughly  1.91 . At this time, Whitestone REIT's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Whitestone REIT 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.

Whitestone REIT Systematic Risk

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

Price Earnings To Growth Ratio

(0.69)

At this time, Whitestone REIT's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Whitestone REIT November 22, 2024 Opportunity Range

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

Additional Tools for Whitestone Stock Analysis

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