Hartman vREIT XXI, Inc.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $13.5M | $12.9M | $13.0M | $7.5M | $1.6M | $918,144 |
| Operating income | — | — | — | — | — | — |
| Net income | −$1.9M | −$2.2M | −$2.0M | −$1.1M | −$1.3M | −$1.5M |
| Total assets | $111.1M | $99.5M | $102.4M | $89.6M | $43.5M | $18.3M |
| Total liabilities | $58.9M | $43.6M | $40.4M | $23.0M | $15.2M | $3.9M |
| Equity | $52.2M | $56.0M | $62.0M | $66.6M | $28.3M | $14.3M |
| EPS (diluted) | $-0.21 | $-0.25 | $-0.23 | — | — | — |
| Shares out. | 9.1M | 8.8M | 8.6M | 4.6M | — | 1.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- −14.3%
- Return on equity
- −3.7%
- Return on assets
- −1.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 53.0%
- Debt / equity
- 1.13×
- Book value / share
- $5.74
- Revenue growth (YoY)
- 4.3%
- 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 · FY2022- Accruals / assets
- −6.1%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
● 1 severe● 1 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2022
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2018
- NT 10-Qmissed a reporting deadline ↗May 15, 2017
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ostroot John GabrielDirector | Feb 7, 2018 | Grant | 1,500 | $15000.00 |
| Cardwell James ADirector | Feb 7, 2018 | Grant | 1,500 | $15000.00 |
| Cardwell James ADirector | Jun 1, 2017 | Grant | 111,997.24 | $1119972.38 |
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- Changed auditorOct 2, 2025
- Entered a material agreement · New financial obligationSep 12, 2025
- Director / officer changeJul 8, 2025
- Regulation FD disclosureJun 12, 2025
- Director / officer changeApr 10, 2023
- Director / officer changeMar 6, 2023
- Director / officer changeFeb 9, 2023
- Regulation FD disclosureFeb 7, 2023
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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