$City Office REIT (CIO.US)$🎯 April 11, 2024, current price ...
$City Office REIT (CIO.US)$🎯 April 11, 2024, current price is 4.6, with a floating profit of 8% on hold positions.
Additional data: Q3 2023, Q4 2023, revenue slightly shrinks, and net income shows a slight loss.
In 2023, revenue shrank by 0.8%, operating profit declined by 14.3% due to increased costs and expenses, and net income suffered a slight loss due to higher interest expenses.
The asset-liability ratio has not changed much. Currently, cash is 0.03 billion, real estate is 1.35 billion, total liabilities are 0.74 billion, the difference is 0.64 billion, and the market cap is 0.185 billion.
The 5-year average net income is 0.09 billion, corresponding to a P/E ratio of 2 and a dividend yield of 13%, still a cautious choice (⭐️).
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