Safehold Inc.SAFE

時価総額

$9.5億

PER

グラウンドリースを中心とした不動産投資・運用の有力企業。グラウンドリースの投資・販売・資産管理商品を展開。主要株主が約18.9%を保有、2023年に同業を買収、2025年2月に最大5,000万ドルの自社株買いを承認。米国中心に展開。

	2011年 12月31日	2012年 12月31日	2013年 12月31日	2014年 12月31日	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income (loss)	-26	-241	-111	16	-6	100	180	-18	334	-31	138	600	-55	107
Depreciation and amortization	64	71	72	74	65	54	50	59	58	58	59	5	10	10
Stock-based compensation expense	30	15	19	13	12	11	19	18	30	39	69	-28	23	14
Deferred operating lease income	-	12	12	8	8	10	7	15	16	14	11	2	31	31
Non-cash interest income from sales-type leases	-	-	-	-	-	-	-	-	-	-	-	-	84	92
Non-cash interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	15
Amortization of above and below Market Leases	-	-	-	-	-	-	-	-	-	-	-	-	2	2
Impairment of goodwill	-	-	-	-	-	-	-	-	-	-	-	-	145	-
Provision for credit losses	-	-	-	-	-	-	-	-	-	-	-	-	3	9
Earnings from equity method investments	95	103	42	95	32	77	13	-5	42	42	154	59	24	23
Proceeds from Equity Method Investment, Distribution	86	106	17	80	30	49	42	18	30	25	52	158	8	13
Gain on sale of Ground Leases	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Amortization of Debt Issuance Costs and Discounts	32	32	21	17	17	17	14	15	14	13	9	9	7	7
Management Fee Expense	-	-	-	-	-	-	-	-	-	-	-	-	5	-
Other income recognized from derivative transaction (refer to Note 11)	-	-	-	-	-	-	-	-	-	-	-	-	15	-
Other operating activities	-	9	7	32	43	7	14	3	14	-19	1	-13	-1	-7
Changes in deferred expenses and other assets, net	-11	-9	23	-5	-3	6	16	2	6	5	12	18	-13	-5
Increase (Decrease) in Accounts Payable and Accrued Liabilities	7	12	6	7	-17	-0	7	-28	-48	-2	-2	-51	-6	8
Cash flows provided by (used in) operating activities	-32	-184	-180	-10	-60	20	80	-24	-46	22	-20	48	15	38
Acquisitions of real estate	-	-	-	5	-	38	7	19	240	-	-	-	13	-
Origination/acquisition of net investment in sales-type leases and Ground Lease receivables	-	-	-	-	-	-	-	-	-	-	-	-	317	304
Origination of loans receivable, net	20	49	258	622	479	411	522	482	256	119	75	7	114	-
Payment for merger consideration	-	-	-	-	-	-	-	-	-	-	-	-	89	-
Cash Acquired from Acquisition	-	-	-	-	-	-	-	-	-	-	-	-	3	-
Contributions to equity method investments	-	-	-	-	-	-	-	95	657	260	217	275	52	10
Distributions from equity method investments	-	-	-	61	120	92	50	41	63	40	35	175	-	52
Funding reserves received from Ground Lease tenant net of disbursements	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net proceeds from sale of Ground Leases	-	-	-	-	-	-	-	-	-	-	-	-	4	-
Return of Funding of Collateral on Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	19
Funding of cash collateral for debt obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	19
Proceeds from Sale, Real Estate, Held-for-Investment	37	563	438	-	-	-	-	-	330	48	157	2,022	2	6
Return of deposits on Ground Lease investments	-	-	-	-	-	-	-	-	-	-	-	-	-	2
Proceeds received from derivative transactions	-	-	-	-	-	-	-	-	-	-	-	-	-	11
Proceeds received from the settlement of derivative transactions	-	-	-	-	-	-	-	-	-	-	-	-	-	32
Other investing activities	-1	1	-5	-1	-8	25	-1	-41	21	1	-0	-9	1	1
Cash flows provided by (used in) investing activities	1,471	1,259	893	160	184	467	269	779	-398	31	514	2,788	-577	-212
Proceeds from issuance of common stock	-	-	-	-	-	-	-	-	-	-	-	-	152	-
Proceeds from debt obligations	-	-	-	-	-	-	-	-	-	-	-	-	577	2,272
Repayments of debt obligations	-	-	-	-	-	-	-	-	-	-	-	-	150	2,008
Payments for deferred financing costs	36	22	18	20	2	10	32	5	20	8	14	0	5	24
Dividends paid to common shareholders	-	-	-	-	-	-	-	-	-	-	-	-	46	51
Payment of offering costs	-	-	-	-	-	-	-	-	-	-	-	-	8	0
Payments for withholding taxes upon vesting for stock-based compensation	-	-	-	-	-	-	1	5	4	3	4	11	-	5
Redemption of redeemable noncontrolling interests	-	-	-	-	-	-	-	-	-	-	-	-	-	18
Distributions to noncontrolling interests	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Acquisition of noncontrolling interest	-	-	-	-	-	-	-	-	-	-	-	-	-	48
Proceeds from Noncontrolling Interests	-	-	-	-	-	-	-	-	3	0	11	8	40	29
Other financing activities	1	2	-22	1	-7	-10	-1	22	-0	-	-	-	-0	-
Cash flows provided by (used in) financing activities	-1,588	-1,176	-456	-191	114	-869	-21	-458	-179	-255	-250	-1,781	560	145
Changes in cash, cash equivalents and restricted cash	-	-	-	-	-	-	-	297	-622	-202	243	1,055	-2	-30