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Cedar Realty Trust (Cedar Realty Trust) Return-on-Tangible-Equity : 0.70% (As of Dec. 2023)


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What is Cedar Realty Trust Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Cedar Realty Trust's annualized net income for the quarter that ended in Dec. 2023 was $0.5 Mil. Cedar Realty Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $74.7 Mil. Therefore, Cedar Realty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.70%.

The historical rank and industry rank for Cedar Realty Trust's Return-on-Tangible-Equity or its related term are showing as below:

CDR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.49   Med: -0.73   Max: 2.52
Current: -33.49

During the past 13 years, Cedar Realty Trust's highest Return-on-Tangible-Equity was 2.52%. The lowest was -33.49%. And the median was -0.73%.

CDR's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 4.61 vs CDR: -33.49

Cedar Realty Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Cedar Realty Trust's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cedar Realty Trust Return-on-Tangible-Equity Chart

Cedar Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 -0.22 -9.79 16.95 2.58

Cedar Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.76 0.07 -5.50 15.44 0.70

Competitive Comparison of Cedar Realty Trust's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Cedar Realty Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cedar Realty Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cedar Realty Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cedar Realty Trust's Return-on-Tangible-Equity falls into.



Cedar Realty Trust Return-on-Tangible-Equity Calculation

Cedar Realty Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=2.007/( (82.202+73.457 )/ 2 )
=2.007/77.8295
=2.58 %

Cedar Realty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=0.52/( (76.015+73.457)/ 2 )
=0.52/74.736
=0.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cedar Realty Trust  (NYSE:CDR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Cedar Realty Trust Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Cedar Realty Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cedar Realty Trust (Cedar Realty Trust) Business Description

Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 11050-3765
Cedar Realty Trust Inc is a real estate investment trust that focuses on ownership, operation, and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The company derives all of its revenues from rents and operating expense reimbursements received pursuant to long-term leases.
Executives
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Ej Borrack director 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Kerry G. Campbell director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Crystal Plum director, officer: CFO and Treasurer C/O WHEELER REAL ESTATE INVESTMENT TRUST, 2529 VIRGINIA BEACH BOULEVARD, VIRGINIA BEACH VA 23452
Michael Andrew Franklin director, officer: CEO and President RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD, SUITE 200, VIRGINIA BEACH VA 23452
Wheeler Real Estate Investment Trust, Inc. 10 percent owner RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD., SUITE 200, VIRGINIA BEACH VA 23452
Darcy Morris director C/O CEDAR REALTY TRUST INC., 44 SOUTH BAYLES AVENUE, POST WASHINGTON NY 11050
Bruce J Schanzer director, officer: Pres. & Chief Exec. Officer C/O CEDAR SHOPPING CENTER, 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Jennifer Bitterman officer: EVP & Chief Financial Officer CEDAR REALTY TRUST, INC., 928 CARMANS RAD, MASSAPEQUA NY 11758
Philip Mays officer: Chief Financial Officer C/O CEDAR SHOPPING CENTER, 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sharon Hochfelder Stern director C/O CEDAR REALTY TRUST INC., 44 SOUTH BAYLES AVENUE, POST WASHINGTON NY 11050
Richard H Ross director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Abraham Eisenstat director 44 SOUTH BAYLES AVENUE, C/O CEDAR REALTY TRUST, INC., PORT WASHINGTON NY 11050
Sabrina L. Kanner director C/O CEDAR REALTY TRUST INC, 44 SOUTH BAYLES AVE, PORT WASHINGTON NY 11050
Kirk Paul G Jr director RAYONIER INC, 50 NORTH LAURA STREET - 19TH FLOOR, JACKSONVILLE FL 32202

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