Company Information

  

Address: 5100 TAMARIND REEF  
City: CHRISTIANSTED 
State:  
Zip Code: 00820 
Telephone: 340-692-1055 

Description of Business

Primary SIC Code: 6500
(As filed with the SEC)  

Altisource Residential Corporation ("we," "our," "us," or the "Company") is a Maryland real estate investment trust ("REIT") focused on acquiring and managing quality, affordable single-family rental ("SFR") properties for working class families throughout the United States. We commenced operations in December 2012. We conduct substantially all of our activities through our wholly owned subsidiary, Altisource Residential, L.P., and its subsidiaries ("ARLP" or the "Operating Partnership"). We operate in a single segment focused on the acquisition and ownership of residential rental properties. We are managed by Altisource Asset Management Corporation ("AAMC" or our "Manager"). We do not have any employees, and, as a result, AAMC provides us with dedicated personnel to administer our business and perform certain of our corporate governance functions.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-4.150.150N/E
03/2017-4.280.150N/E
12/2016-4.180.150N/E
09/2016-4.210.150N/E
06/2016-3.240.150N/E
03/2016-1.850.150N/E
12/2015-0.810.100N/E
09/20151.070.55013.01

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.19Total Liab/Total Assets0.62
Net Inc/Total Assets-0.10Total Liab/Inv Cap0.66
Net Inc/Inv Cap-0.11Total Liab/Comm Equity1.20
Pretax Inc/Net Sales-4.69Interest Coverage Ratio-3.23
Net Inc/Net Sales-4.70Curr Debt/Equity0.17
Cash Flow/Net Sales-2.33LTD/EquityNA
SG&A/NetSales3.99Total Debt/Equity0.17
Asset Utilization   Liquidity  
Net Receivables Turnover0.06Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.03  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 30.10 25.62 24.32 9.59
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 38.94 47.78 41.18 41.53
Operating Income -23.86 -37.50 -32.13 -42.29
Interest Exp 15.15 15.57 16.81 10.17
Pretax Income -55.70 -49.35 -61.20 -57.66
Other Income -16.69 3.72 -12.26 -5.19
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -55.71 -49.36 -61.20 -57.64

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 201.87 101.49 129.22 80.27
Receivables - Total 18.39 102.50 495.38 656.14
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,498.93 1,434.75 1,408.72 1,406.44
Total Assets 1,930.05 2,160.41 2,284.85 2,331.10
Liabilities        
Accounts Payable 61.60 59.27 56.71 57.04
Debt in Current Liabilities 0.00 82.36 144.10 156.99
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,190.47 1,355.24 1,421.78 1,396.70
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.53 0.54 0.54 0.54
Retained Earnings -440.72 -377.24 -319.71 -250.32
Treasury Stock NA NA NA NA
Total Stockholders' Equity 739.57 805.17 863.07 934.40
Total Liabilities and Stockholders' Equity 1,930.05 2,160.41 2,284.85 2,331.10

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -4.66 -20.62 -26.25 -22.27
Net Cash Provided by Investing Activities 372.77 154.53 64.71 -76.14
Net Cash Provided by Financing Activities -267.73 -161.65 10.92 -66.96

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20120.00-0.09--
12/20130.0439.601.61
12/20141.56188.853.34
12/201513.23-46.00-0.81
12/201648.56-228.03-4.18
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1710939,91974.81




Report Date : 10/16/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.