CoverageForm 410-K10-Q8-K13D13G13F

CTT · Catchmark Timber Trust, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Revenue----$91.30M$81.86M
Cost of Revenue------
Gross Profit------
R&D------
SG&A$13.45M$16.23M$13.30M$12.43M$11.66M$9.31M
Total Operating Expenses$90.30M$102.65M$101.23M$96.56M$94.87M$86.26M
D&A------
Operating Income$23.39M($12.15M)($15.09M)$1.29M($3.57M)($4.41M)
Interest Expense$12.68M$15.12M$18.62M$16.25M$11.19M$6.71M
Income Tax$675.0K$658.0K$0---
Net Income$58.26M($17.51M)($13.51M)($122.01M)($13.51M)($11.07M)
EPS - Basic($0.36)-----
EPS - Diluted($0.36)-----

Balance Sheet

Line itemFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Cash & Equivalents$22.96M$11.92M$11.49M$5.61M$7.80M$9.11M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$507.31M$607.33M$663.87M$804.77M$740.16M$709.82M
Current Liabilities------
Long-term Debt--$452.99M$472.24M$330.09M$320.75M
Total Liabilities$323.31M$477.42M$470.66M$483.12M$337.78M$328.75M
Stockholders' Equity$181.75M$128.76M$192.64M$321.66M$402.38M$381.07M
Retained Earnings($537.48M)($572.49M)($528.85M)($409.26M)($261.65M)($226.79M)

Cash Flow

Line itemFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Operating Cash Flow$47.17M$40.45M$32.94M$29.80M$27.42M$30.85M
Investing Cash Flow$137.01M$10.79M$22.83M($212.51M)($68.42M)($144.76M)
Financing Cash Flow($173.14M)($50.81M)($49.90M)$180.53M$39.69M$115.00M
CapEx------
Free Cash Flow------

Ratios

MetricFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Profitability
Gross margin------
Operating margin-----3.9%-5.4%
EBITDA margin------
Net margin-----14.8%-13.5%
Free cash flow margin------
FCF / Net income------
R&D / Revenue------
SG&A / Revenue----12.8%11.4%
Effective tax rate1.1%-----
Return on assets11.5%-2.9%-2.0%-15.2%-1.8%-1.6%
Return on equity32.1%-13.6%-7.0%-37.9%-3.4%-2.9%
Return on invested capital---1.8%---
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity--2.351.470.820.84
Debt / Assets--0.680.590.450.45
Debt / EBITDA------
Interest coverage1.8x-0.8x-0.8x0.1x-0.3x-0.7x
Equity multiplier2.794.723.452.501.841.86
Liabilities / Assets0.640.790.710.600.460.46
Efficiency
Asset turnover----0.120.12
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B------
P / S------
EV / EBITDA------
Growth
Revenue growth (YoY)----11.5%18.4%
Revenue CAGR (3y)----18.9%36.7%
Revenue CAGR (5y)----15.6%9.4%
Gross profit growth (YoY)------
Operating income growth (YoY)-19.5%--18.9%8.5%
Net income growth (YoY)--29.6%88.9%-803.1%-22.0%-32.0%
EPS growth (YoY)------
EPS CAGR (3y)------
EPS CAGR (5y)------
FCF growth (YoY)------
FCF CAGR (5y)------
Book value growth (YoY)41.2%-33.2%-40.1%-20.1%5.6%-7.3%

Stability scores

Piotroski F-score

FY 2021 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • -No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Real Estate Investment Trusts

CompanyRevenue (last FY)Net marginROE
UMH$261.75M2.3%0.7%
ARE---9.2%
VTR$5.83B4.3%2.0%
SPG$6.36B72.7%88.8%
NYSE: KRC$1.11B0.0%0.0%

Comparing CatchMark Timber Trust against the 5 most active filers in the same SIC group.