City Financial Statements From 2010 to 2024

CIO Stock  USD 5.72  0.09  1.60%   
City Office financial statements provide useful quarterly and yearly information to potential City Office investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on City Office financial statements helps investors assess City Office's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting City Office's valuation are summarized below:
Gross Profit
112.7 M
Profit Margin
(0.06)
Market Capitalization
226.1 M
Enterprise Value Revenue
5.5341
Revenue
173.5 M
We have found one hundred twenty available fundamental signals for City Office, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate City Office's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 28th of November 2024, Market Cap is likely to drop to about 164.3 M. In addition to that, Enterprise Value is likely to drop to about 288.9 M

City Office Total Revenue

108.5 Million

Check City Office financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among City Office's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.3 M, Interest Expense of 18.6 M or Selling General Administrative of 8.3 M, as well as many indicators such as Price To Sales Ratio of 1.29, Dividend Yield of 0.0642 or PTB Ratio of 0.3. City financial statements analysis is a perfect complement when working with City Office Valuation or Volatility modules.
  
Check out the analysis of City Office Correlation against competitors.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.

City Office Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets907.7 M1.5 B778.8 M
Slightly volatile
Short and Long Term Debt Total527.7 M669.5 M452.7 M
Slightly volatile
Total Current Liabilities144.3 M137.4 M42.9 M
Slightly volatile
Total Stockholder Equity390.6 M772.2 M334.9 M
Slightly volatile
Property Plant And Equipment Net11.9 M12.6 M142.4 M
Pretty Stable
Current Deferred Revenue5.4 M7.7 M4.6 M
Slightly volatile
Net Debt461.7 M639.4 M396.2 M
Slightly volatile
Cash23 M30.1 M19.8 M
Slightly volatile
Non Current Assets Total835 M1.4 B716.2 M
Slightly volatile
Non Currrent Assets Other1.4 B1.4 B579 M
Slightly volatile
Cash And Short Term Investments23 M30.1 M19.8 M
Slightly volatile
Net Receivables56.1 M53.5 M23.5 M
Slightly volatile
Common Stock Shares Outstanding29.7 M39.9 M25.9 M
Slightly volatile
Liabilities And Stockholders Equity907.7 M1.5 B778.8 M
Slightly volatile
Non Current Liabilities Total472.4 M601.3 M405.6 M
Slightly volatile
Other Stockholder Equity313.1 M438.9 M268.9 M
Slightly volatile
Total Liabilities514.7 M738.7 M441.7 M
Slightly volatile
Property Plant And Equipment Gross879.1 M837.3 M493.4 M
Slightly volatile
Total Current Assets72.7 M96.8 M62.6 M
Slightly volatile
Intangible Assets48 M42.4 M41.3 M
Slightly volatile
Other Liabilities23.8 M40.4 M20.3 M
Slightly volatile
Accounts Payable20.1 M29.1 M16 M
Slightly volatile
Other Assets1.5 B1.4 B465.2 M
Slightly volatile
Long Term Debt465.4 M469.5 M376.6 M
Slightly volatile
Short Term Investments764.8 K805 K5.5 M
Pretty Stable
Net Tangible Assets767.2 M730.7 M272.1 M
Slightly volatile
Deferred Long Term LiabilitiesM10.5 M7.2 M
Pretty Stable
Long Term Investments3.5 M3.9 M4.3 M
Slightly volatile
Short and Long Term Debt181.3 M200 M190.1 M
Very volatile
Short Term Debt92.7 M107.7 M89.9 M
Pretty Stable
Common Stock379.1 K399 K7.4 M
Slightly volatile
Property Plant Equipment851.4 M1.6 B698.5 M
Slightly volatile
Common Stock Total Equity373.6 K456.6 K291.9 K
Slightly volatile
Long Term Debt Total570.5 M793.6 M452.8 M
Slightly volatile
Non Current Liabilities Other21.4 M32.5 M16.7 M
Slightly volatile
Capital Surpluse409.3 M501.6 M291 M
Slightly volatile
Capital Lease Obligations7.9 M6.9 M5.9 M
Slightly volatile
Cash And Equivalents29.4 M32.4 M22.1 M
Slightly volatile
Net Invested Capital1.2 B1.3 B946.9 M
Slightly volatile
Capital Stock89.9 M112.4 M110.9 M
Slightly volatile

City Office Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization59.3 M63 M50.9 M
Slightly volatile
Interest Expense18.6 M31.9 M16.1 M
Slightly volatile
Selling General Administrative8.3 M14.8 M7.1 M
Slightly volatile
Total Revenue108.5 M179.1 M93.3 M
Slightly volatile
Gross Profit67.9 M109.1 M58.4 M
Slightly volatile
Other Operating Expenses89.6 M147.8 M77.1 M
Slightly volatile
EBITDA63.3 M94.3 M54.4 M
Slightly volatile
Cost Of Revenue40.6 M70 M34.9 M
Slightly volatile
Total Operating Expenses49 M77.8 M42.2 M
Slightly volatile
Non Recurring16.2 M15.5 M7.1 M
Slightly volatile
Non Operating Income Net Other23.7 M24.9 M44.3 M
Slightly volatile
Interest Income24.6 M31.1 M19.7 M
Slightly volatile
Preferred Stock And Other Adjustments7.3 M8.5 M4.9 M
Slightly volatile
Reconciled Depreciation62 M61.2 M49.8 M
Slightly volatile

City Office Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow31.7 M44.3 M27.2 M
Slightly volatile
Depreciation40.5 M63 M34.9 M
Slightly volatile
Dividends Paid28 M31.3 M23.9 M
Slightly volatile
Capital Expenditures4.6 M4.8 M106.6 M
Pretty Stable
Total Cash From Operating Activities40.6 M57.2 M34.8 M
Slightly volatile
End Period Cash Flow35.2 M43.4 M30.2 M
Slightly volatile
Stock Based Compensation2.6 M4.1 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.291.3624.4949
Slightly volatile
Dividend Yield0.06420.12850.0741
Slightly volatile
PTB Ratio0.30.31592.8306
Slightly volatile
Days Sales Outstanding99.3610998.1668
Slightly volatile
Book Value Per Share20.3219.353610.7385
Slightly volatile
Operating Cash Flow Per Share0.941.43341.0826
Slightly volatile
Stock Based Compensation To Revenue0.02320.02290.0235
Slightly volatile
Capex To Depreciation0.170.182.1628
Pretty Stable
PB Ratio0.30.31592.8306
Slightly volatile
EV To Sales9.454.93238.985
Slightly volatile
Payables Turnover2.992.40793.2953
Slightly volatile
Sales General And Administrative To Revenue0.0610.08290.0751
Very volatile
Average Inventory68.5 M65.2 M33.1 M
Slightly volatile
Capex To Revenue0.05790.06090.8663
Pretty Stable
Cash Per Share1.00.75350.8688
Very volatile
POCF Ratio4.054.262720.4134
Slightly volatile
Interest Coverage0.820.9810.9557
Slightly volatile
Capex To Operating Cash Flow0.0980.13.3848
Slightly volatile
Days Payables Outstanding121152136
Slightly volatile
EV To Operating Cash Flow14.6715.43734.9779
Slightly volatile
Intangibles To Total Assets0.02670.02810.0643
Slightly volatile
Net Debt To EBITDA9.676.78388.6285
Very volatile
Current Ratio0.670.70485.1035
Slightly volatile
Tangible Book Value Per Share19.2118.29069.1008
Slightly volatile
Receivables Turnover3.493.35054.1377
Slightly volatile
Graham Number10.345.407312.0187
Slightly volatile
Shareholders Equity Per Share20.3119.343510.5596
Slightly volatile
Debt To Equity0.820.8672.2715
Slightly volatile
Capex Per Share0.250.263.2719
Pretty Stable
Revenue Per Share2.724.48613.2004
Slightly volatile
Interest Debt Per Share12.8617.568915.038
Slightly volatile
Debt To Assets0.660.4430.5985
Slightly volatile
Enterprise Value Over EBITDA8.99.371617.5017
Slightly volatile
Short Term Coverage Ratios0.50.53143.7374
Slightly volatile
Operating Cycle199109242
Slightly volatile
Price Book Value Ratio0.30.31592.8306
Slightly volatile
Days Of Payables Outstanding121152136
Slightly volatile
Price To Operating Cash Flows Ratio4.054.262720.4134
Slightly volatile
Company Equity Multiplier1.861.95723.4541
Slightly volatile
Long Term Debt To Capitalization0.680.42110.6221
Slightly volatile
Total Debt To Capitalization0.690.46440.6321
Slightly volatile
Debt Equity Ratio0.820.8672.2715
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.921.82590.9041
Slightly volatile
Cash Ratio0.210.21891.5246
Slightly volatile
Operating Cash Flow Sales Ratio0.270.31950.3192
Slightly volatile
Days Of Sales Outstanding99.3610998.1668
Slightly volatile
Cash Flow Coverage Ratios0.06020.08550.0721
Slightly volatile
Price To Book Ratio0.30.31592.8306
Slightly volatile
Fixed Asset Turnover13.1912.565.1812
Slightly volatile
Capital Expenditure Coverage Ratio10.5410.045.0714
Slightly volatile
Price Cash Flow Ratio4.054.262720.4134
Slightly volatile
Enterprise Value Multiple8.99.371617.5017
Slightly volatile
Debt Ratio0.660.4430.5985
Slightly volatile
Cash Flow To Debt Ratio0.06020.08550.0721
Slightly volatile
Price Sales Ratio1.291.3624.4949
Slightly volatile
Asset Turnover0.140.11850.1374
Slightly volatile
Gross Profit Margin0.690.60920.6387
Pretty Stable
Price Fair Value0.30.31592.8306
Slightly volatile

City Office Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap164.3 M317.2 M241.1 M
Slightly volatile
Enterprise Value288.9 M560 M458.7 M
Slightly volatile

City Fundamental Market Drivers

Forward Price Earnings384.6154
Cash And Short Term Investments30.1 M

City Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About City Office Financial Statements

City Office investors utilize fundamental indicators, such as revenue or net income, to predict how City Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue7.7 M5.4 M
Total Revenue179.1 M108.5 M
Cost Of Revenue70 M40.6 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.08  0.06 
Capex To Revenue 0.06  0.06 
Revenue Per Share 4.49  2.72 
Ebit Per Revenue 0.17  0.11 

Pair Trading with City Office

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if City Office position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in City Office will appreciate offsetting losses from the drop in the long position's value.

Moving together with City Stock

  0.86EGP EastGroup PropertiesPairCorr
  0.81HPP Hudson Pacific PropertiesPairCorr

Moving against City Stock

  0.73UE Urban Edge PropertiesPairCorr
  0.72SPG Simon Property GroupPairCorr
  0.6SLG SL Green Realty Fiscal Year End 22nd of January 2025 PairCorr
  0.55EQIX EquinixPairCorr
  0.49KRG Kite Realty GroupPairCorr
The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back City Office - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling City Office to buy it.
The correlation of City Office is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for City Office can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 the analysis of City Office Correlation against competitors.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.