Excel Trust, Inc.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $130.3M | $112.5M | $84.4M | $52.4M | $1.6M |
| Operating income | $7.1M | $26.0M | $16.0M | $4.8M | $639,000 |
| Net income | $8.8M | $19.5M | $1.9M | $448,000 | −$134,000 |
| Total assets | $1.65B | $1.22B | $1.08B | $687.7M | $441.1M |
| Total liabilities | $919.2M | $591.4M | $470.5M | $306.7M | $244.5M |
| Equity | $715.4M | $615.4M | $594.0M | $363.8M | $187.5M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 47.9M | 46.9M | 33.5M | 30.3M | 15.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- 5.5%
- Net margin
- 6.7%
- Return on equity
- 1.2%
- Return on assets
- 0.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 55.8%
- Debt / equity
- 1.28×
- Book value / share
- $14.93
- Revenue growth (YoY)
- 15.8%
- Net income growth (YoY)
- −55.2%
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 · FY2014- Accruals / assets
- −3.0%clean
- Piotroski F-Score
- 3/8weak
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
● 4 good- Operating margin is positive
- Revenue is growing year-over-year
- 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Blakley Bruce GDirector | Jul 31, 2015 | D | 19,800 | $15.85 |
| Staley Warren RDirector | Jul 31, 2015 | D | 21,093 | $15.85 |
| Parsons Robert E JrDirector | Jul 31, 2015 | D | 43,593 | $15.85 |
| East Burland BDirector | Jul 31, 2015 | D | 21,093 | $15.85 |
| Nakagawa James YOfficer — CFO and Treasurer | Jul 31, 2015 | D | 125,910 | $15.85 |
| Sabin Gary BOfficer — Chairman of the Board / CEO | Jul 28, 2015 | Gift | 72,876 | $0.00 |
| Plumb Spencer GOfficer — President and COO | Jul 27, 2015 | Gift | 17,000 | $0.00 |
| Burton Mark TOfficer — CIO, SVP - Acquisitions | Jul 28, 2015 | Gift | 15,170 | $0.00 |
| Ottesen S EricOfficer — SVP, GC and Secretary | Jul 27, 2015 | Gift | 18,951 | $0.00 |
| Parsons Robert E JrDirector | May 4, 2015 | Grant | 3,149 | $0.00 |
| Staley Warren RDirector | May 4, 2015 | Grant | 3,149 | $0.00 |
| East Burland BDirector | May 4, 2015 | Grant | 3,149 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Other material eventAug 6, 2015
- Other material eventJul 31, 2015
- Shareholder vote · Other material eventJul 28, 2015
- Other material eventJul 21, 2015
- Shareholder voteMay 5, 2015
- Results of operations · Other material eventApr 30, 2015
- Entered a material agreement · Amended charter or bylaws · Regulation FD disclosureApr 10, 2015
- Results of operationsFeb 12, 2015
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 (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.