Apple REIT Eight, Inc.
Real Estate · Real Estate Investment Trusts · VA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $197.9M | $190.7M | $182.6M | $170.9M |
| Operating income | $20.2M | $20.5M | $17.0M | $11.8M |
| Net income | $5.5M | $9.5M | $10.9M | $5.5M |
| Total assets | $912.9M | $935.7M | $962.5M | — |
| Total liabilities | $293.7M | $263.7M | $225.9M | — |
| Equity | $619.2M | $672.0M | $736.6M | $789.1M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 93.2M | 93.5M | 94.6M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- 10.2%
- Net margin
- 2.8%
- Return on equity
- 0.9%
- Return on assets
- 0.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 32.2%
- Debt / equity
- 0.47×
- Book value / share
- $6.64
- Revenue growth (YoY)
- 3.8%
- Net income growth (YoY)
- −41.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Accruals / assets
- −4.5%clean
- Piotroski F-Score
- 5/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 5 good- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Shareholder vote · Other material eventFeb 28, 2014
- Other material eventFeb 13, 2014
- Results of operationsDec 3, 2013
- Other material eventSep 23, 2013
- Entered a material agreementSep 12, 2013
- Results of operationsAug 28, 2013
- Entered a material agreement · Other material eventAug 8, 2013
- Other material eventJul 12, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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