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American Strategic Investment Co. (NYC) 10-Year Financial Performance & Capital Metrics

NYC • • REIT / Real Estate
Real EstateOffice REITsUrban CBD Office REITsPremier Urban Office Landlords
AboutAmerican Strategic Investment Co. is a publicly traded real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, particularly Manhattan. Its portfolio is diversified across eight office and retail condominium assets. The firm's top tenants feature a balance of large investment grade rated corporate tenants and government agencies. The company was founded on December 19, 2013 and is headquartered in Newport, RI.Show more
  • Revenue $62M -1.8%
  • FFO -$122M -53.9%
  • FFO/Share -49.11 -37.7%
  • FFO Payout 0%
  • FFO per Share -49.11 -37.7%
  • NOI Margin 31.89% -5.8%
  • FFO Margin -198.45% -56.7%
  • ROE -90.59% -133.6%
  • ROA -23.41% -64.0%
  • Debt/Assets 79.5% +22.0%
  • Net Debt/EBITDA -
  • Book Value/Share 34.40 -65.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FFO growing 96.1% TTM
  • ✓Trading at only 0.3x book value

✗Weaknesses

  • ✗High debt to equity ratio of 4.7x
  • ✗Weak Piotroski F-Score: 2/9
  • ✗Low NOI margin of 31.9%
  • ✗Shares diluted 11.7% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y35.97%
5Y-2.68%
3Y-4.29%
TTM-36.48%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM89.82%

EPS CAGR

10Y-
5Y-
3Y-
TTM89.74%

ROCE

10Y Avg-4.98%
5Y Avg-8.43%
3Y Avg-12.07%
Latest-20.79%

Peer Comparison

Premier Urban Office Landlords
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
VNOVornado Realty Trust6.46B33.64841-1.3%49.91%12.9%8.32%1.46
BXPBXP, Inc.10.63B67.11745.674.1%0.14%0.06%11.61%2.18
SLGSL Green Realty Corp.3.45B48.62618.58-15.6%3.82%0.58%2.29%0.99
FISKEmpire State Realty OP, L.P.14.3M6.3622.713.19%5.81%2.5%100%1.39
OGCPEmpire State Realty OP, L.P.27.64M6.2522.323.19%5.81%2.5%100%1.39
ESBAEmpire State Realty OP, L.P.102.88M6.0121.463.19%5.81%2.5%100%1.39
NYCAmerican Strategic Investment Co.26.41M9.88-0.17-1.82%-53.65%-29.63%4.71
PGREParamount Group, Inc.1.46B6.60-31.431.97%-13.47%-2.39%18.09%0.92

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+26.44M47.61M58.38M62.4M70.53M62.9M70.22M64M62.71M61.57M
Revenue Growth %8.27%0.8%0.23%0.07%0.13%-0.11%0.12%-0.09%-0.02%-0.02%
Property Operating Expenses11.3M26.1M26.82M34.59M38.5M39.86M40.92M41.01M41.48M41.94M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+21.54M30.52M43.66M38.66M37.59M45.64M49.69M49.94M108.33M140.85M
G&A Expenses4.78M4.93M14.13M8.97M6.43M12.74M17.18M21.27M15.24M9.62M
EBITDA+4.35M47.58M58.34M62.35M70.5M9.14M3.45M1.69M-60.57M-102.81M
EBITDA Margin %----------
Depreciation & Amortization+16.76M60.28M70.45M73.61M76.06M31.75M31.06M28.67M26.53M18.41M
D&A / Revenue %----------
Operating Income+-12.41M-12.71M-12.11M-11.26M-5.57M-22.61M-27.61M-26.97M-87.1M-121.22M
Operating Margin %----------
Interest Expense+3.55M7.4M11.23M13.29M17.16M19.14M19.09M18.92M18.86M19.49M
Interest Coverage-3.49x-1.72x-1.08x-0.85x-0.32x-1.18x-1.45x-1.43x-4.62x-6.22x
Non-Operating Income-182K-344K000-3.75M00-36K-112K
Pretax Income+-15.79M-19.77M-23.07M-24.11M-21.89M-40.96M-39.43M-45.9M-105.92M-140.59M
Pretax Margin %----------
Income Tax+000017.16M037K000
Effective Tax Rate %----------
Net Income+-15.79M-19.77M-23.07M-24.11M-21.89M-40.96M-39.47M-45.9M-105.92M-140.59M
Net Margin %----------
Net Income Growth %-1.42%-0.25%-0.17%-0.05%0.09%-0.87%0.04%-0.16%-1.31%-0.33%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %1.21%40.6%0.17%0.04%0.09%-1.17%0.09%-1.05%-3.61%-0.54%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+-9.90-12.39-14.47-15.12-74.03-25.60-24.32-26.59-47.57-56.51
EPS Growth %-0.59%-0.25%-0.17%-0.04%-3.9%0.65%0.05%-0.09%-0.79%-0.19%
EPS (Basic)-9.90-12.53-14.47-15.12-74.03-25.60-24.32-26.59-47.57-56.51
Diluted Shares Outstanding1.59M1.59M1.59M1.59M527.41K1.6M1.62M1.73M2.23M2.49M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+726.41M773.6M760.45M773.74M901.36M861.85M823.05M790.46M694.17M507.07M
Asset Growth %0.58%0.06%-0.02%0.02%0.16%-0.04%-0.05%-0.04%-0.12%-0.27%
Real Estate & Other Assets+10.92M619.08M6.65M8.67M695.77M680.55M616.85M627.14M558.7M404.68M
PP&E (Net)462M615.85M611.86M617.73M55.58M55.38M55.17M54.95M54.74M54.51M
Investment Securities472K477K-1000K-1000K-1000K-1000K-1000K1000K400K0
Total Current Assets+190.34M62.84M64.94M80.81M88.55M75M63.56M50.86M43.56M41.99M
Cash & Equivalents182.7M47.67M39.6M47.95M51.2M31M11.67M9.21M5.29M9.78M
Receivables0670K39K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets-182.7M07.62M6.85M-88.55M004.02M7.52M9.16M
Intangible Assets70.33M91.21M77.01M66.53M61.46M50.92M87.48M71.85M30.23M5.88M
Total Liabilities130.28M233.41M278.97M330.06M480.81M480.28M471.92M468.88M469.38M421.48M
Total Debt+119.82M191.33M233.52M291.65M449.9M465.4M457.11M451.88M452.42M403.14M
Net Debt-62.88M143.66M193.92M243.7M398.7M423.8M445.44M442.67M447.13M393.36M
Long-Term Debt93.18M95.33M233.52M291.65M395.03M396.57M398.12M394.16M395.7M347.38M
Short-Term Borrowings-1000K1000K001000K1000K1000K000
Capital Lease Obligations26.64M28.53M24.75M21.51M54.87M54.82M54.77M54.72M56.72M55.75M
Total Current Liabilities+8.79M13.56M20.7M16.89M11.28M11.47M13.25M17M16.96M18.34M
Accounts Payable06.41M11.04M10.92M6.81M6.92M8.13M12.67M12.96M14.98M
Deferred Revenue1.65M3.02M5.25M5.77M4.25M05.12M4.21M3.98M3.04M
Other Liabilities11.63M103.51M10.19M5.36M001.55M000
Total Equity+596.14M710.23M692.54M702.05M420.55M381.57M351.14M321.58M224.79M85.59M
Equity Growth %0.36%0.19%-0.02%0.01%-0.4%-0.09%-0.08%-0.08%-0.3%-0.62%
Shareholders Equity596.14M540.19M481.48M443.68M420.55M377.56M338.99M301.06M224.79M85.59M
Minority Interest0170.03M211.05M258.37M409.9M4.01M12.15M20.51M00
Common Stock304K309K314K310K310K129K133K19K23K27K
Additional Paid-in Capital0680.48M691.77M685.76M685.84M686.72M691.12M698.76M729.64M731.43M
Retained Earnings-74.44M-140.6M-210.6M-242.39M-264.28M-305.88M-350.71M-399.36M-505.28M-645.87M
Preferred Stock000242.39M000000
Return on Assets (ROA)-0.03%-0.03%-0.03%-0.03%-0.03%-0.05%-0.05%-0.06%-0.14%-0.23%
Return on Equity (ROE)-0.03%-0.03%-0.03%-0.03%-0.04%-0.1%-0.11%-0.14%-0.39%-0.91%
Debt / Assets0.16%0.25%0.31%0.38%0.5%0.54%0.56%0.57%0.65%0.8%
Debt / Equity0.20x0.27x0.34x0.42x1.07x1.22x1.30x1.41x2.01x4.71x
Net Debt / EBITDA-14.47x3.02x3.32x3.91x5.66x46.38x129.04x261.31x--
Book Value per Share373.84445.39434.30440.26797.38238.43216.36185.96100.9534.40

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-5.19M4.13M2.28M-7.08M-1.6M-13.58M-7.92M-486K-7.41M-4M
Operating CF Growth %-0.05%1.79%-0.45%-4.1%0.77%-7.47%0.42%0.94%-14.24%0.46%
Operating CF / Revenue %----------
Net Income-15.79M-19.77M-23.07M-24.11M-21.89M-40.96M-39.47M-45.9M-105.92M-140.59M
Depreciation & Amortization16.76M25.59M29.54M29.69M31.16M31.75M31.06M28.67M26.53M18.41M
Stock-Based Compensation26K61K74K17K86K3.87M8.47M8.78M5.86M408K
Other Non-Cash Items-745K103K-1.13M-1.25M-259K-330K-7.05M6.61M68.52M115.13M
Working Capital Changes-5.52M-1.86M-3.11M-11.42M-10.7M-7.91M-2.38M1.35M-2.4M2.64M
Cash from Investing+-169.16M-95.88M-10.34M-14.94M-45.97M-3.75M-3.38M-5.55M71K59.86M
Acquisitions (Net)0000000000
Purchase of Investments-28K-79.16M0-5.95M-38.27M00000
Sale of Investments1000K5K491K0000000
Other Investing-154.96M-79.17M491K-5.95M00004.13M61.15M
Cash from Financing+172.72M-41.13M5.45M29.6M51.07M-970K-275K-6.27M4.03M-49.73M
Dividends Paid-19.99M-25.31M-28.28M-7.47M0-622K-5.2M-2.67M00
Common Dividends-19.99M-25.31M-28.28M-7.47M0-622K-5.2M-2.67M00
Debt Issuance (Net)001000K1000K1000K00-1000K0-1000K
Share Repurchases-2.76M-12.49M-7.34M-10.27M0-328K-183K0-24K-231K
Other Financing-35.13M-3.33M-2.93M-2.66M-3.93M-20K-160K-80K-10K0
Net Change in Cash+-1.64M-132.88M-2.6M7.58M3.5M-18.3M-11.57M-12.31M-3.31M6.13M
Exchange Rate Effect0000000000
Cash at Beginning184.34M182.7M49.82M47.22M54.8M58.3M39.99M28.43M16.12M12.81M
Cash at End182.7M49.82M47.22M54.8M58.3M39.99M28.43M16.12M12.81M18.93M
Free Cash Flow+-19.37M-12.59M-8.55M-16.07M-9.31M-17.33M-11.29M-6.04M-11.46M-5.29M
FCF Growth %-2.83%0.35%0.32%-0.88%0.42%-0.86%0.35%0.46%-0.9%0.54%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share0.6125.4129.7131.04102.71-5.76-5.18-9.96-35.65-49.11
FFO Payout Ratio2052.16%62.47%59.69%15.1%0%-6.75%-61.85%-15.5%0%0%
NOI Margin57.27%45.18%54.05%44.57%45.41%36.62%41.73%35.93%33.86%31.89%
Net Debt / EBITDA-14.47x3.02x3.32x3.91x5.66x46.38x129.04x261.31x--
Debt / Assets16.49%24.73%30.71%37.69%49.91%54%55.54%57.17%65.17%79.5%
Interest Coverage-3.49x-1.72x-1.08x-0.85x-0.32x-1.18x-1.45x-1.43x-4.62x-6.22x
Book Value / Share373.84445.39434.3440.26797.38238.43216.36185.96100.9534.4
Revenue Growth827.25%80.08%22.64%6.88%13.03%-10.83%11.64%-8.85%-2.02%-1.82%

Revenue by Segment

20192020
Tenant Reimbursement And Other Revenue100K100K
Tenant Reimbursement And Other Revenue Growth-0.00%

Frequently Asked Questions

Growth & Financials

American Strategic Investment Co. (NYC) reported $39.4M in revenue for fiscal year 2024. This represents a 1283% increase from $2.9M in 2014.

American Strategic Investment Co. (NYC) saw revenue decline by 1.8% over the past year.

American Strategic Investment Co. (NYC) reported a net loss of $21.1M for fiscal year 2024.

Dividend & Returns

American Strategic Investment Co. (NYC) has a return on equity (ROE) of -90.6%. Negative ROE indicates the company is unprofitable.

Industry Metrics

American Strategic Investment Co. (NYC) generated Funds From Operations (FFO) of $-7.3M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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