Apple REIT Ten, Inc.
Real Estate · Real Estate Investment Trusts · VA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $262.1M | $219.6M | $158.9M | $117.7M | $42.1M | $0 |
| Operating income | $56.8M | $44.6M | $24.5M | $21.9M | −$4.4M | −$28,000 |
| Net income | $47.8M | $46.0M | $26.3M | $17.1M | −$5.1M | −$31,000 |
| Total assets | $968.4M | $908.1M | $890.0M | $667.8M | $471.2M | $992,000 |
| Total liabilities | $240.6M | $130.9M | $207.2M | $88.3M | $75.3M | $975,000 |
| Equity | $727.7M | $777.2M | $682.8M | $579.5M | $395.9M | $17,000 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 90.6M | 80.8M | 67.1M | 47.1M | 43.5M | 10 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- 21.7%
- Net margin
- 18.2%
- Return on equity
- 6.6%
- Return on assets
- 4.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 24.8%
- Debt / equity
- 0.33×
- Book value / share
- $8.03
- Revenue growth (YoY)
- 19.4%
- Net income growth (YoY)
- 3.9%
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 · FY2015- Accruals / assets
- −3.7%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.
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 eventAug 31, 2016
- Other material eventJul 29, 2016
- Entered a material agreementJul 13, 2016
- Other material eventJun 6, 2016
- Results of operationsMay 25, 2016
- Shareholder voteMay 18, 2016
- Entered a material agreementApr 14, 2016
- Results of operations · Regulation FD disclosure · Other material eventApr 14, 2016
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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