Resource Apartment REIT III, Inc.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|
| Revenue | $17.7M | $8.2M | $1.4M | $72,119 | $0 |
| Operating income | −$5.1M | −$4.3M | −$2.8M | −$768,926 | $0 |
| Net income | −$10.7M | −$6.9M | −$3.1M | −$776,247 | $0 |
| Total assets | $227.6M | $178.1M | $59.7M | $9.0M | $200,000 |
| Total liabilities | $155.8M | $115.6M | $32.6M | $5.5M | $0 |
| Equity | $71.9M | $62.5M | $27.1M | $3.5M | $200,000 |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | — | — | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −28.7%
- Net margin
- −60.5%
- Return on equity
- −14.9%
- Return on assets
- −4.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 68.4%
- Debt / equity
- 2.17×
- Book value / share
- —
- Revenue growth (YoY)
- 116.4%
- Net income growth (YoY)
- —
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 · FY2019- Accruals / assets
- −4.1%clean
- Piotroski F-Score
- 3/7weak
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
● 3 warning● 2 good- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- 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 |
|---|---|---|---|---|
| Feldman Alan FOfficer — See Remarks | Jan 28, 2021 | D | 6,488 | — |
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- Completed an acquisition or disposition · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder vote · Regulation FD disclosureJan 29, 2021
- Other material eventOct 23, 2020
- Regulation FD disclosure · Other material eventSep 18, 2020
- Entered a material agreement · Director / officer change · Regulation FD disclosure · Other material eventSep 11, 2020
- Regulation FD disclosure · Other material eventSep 9, 2020
- Shareholder voteJul 16, 2020
- Entered a material agreementApr 28, 2020
- Regulation FD disclosure · Other material eventMar 30, 2020
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)
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