Spirit MTA REIT (SMTA) Forming A Pattern Of Major Movements

Spirit MTA REIT (NYSE:SMTA)’s interesting series of developments are underway around the US stock market these days. Now trading with a market value of 371.51M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

Spirit MTA REIT (NYSE:SMTA) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For SMTA, the company currently has 446.85 million of cash on the books, which is offset by 202.26 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 2.19 billion in total assets, balanced by 0 in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

Spirit MTA REIT saw 25342 in free cash flow last quarter, representing a quarterly net change in cash of 52707. Perhaps most importantly where cash movements are concerned, the company saw about 28909 in net operating cash flow.

Spirit MTA REIT (NYSE:SMTA) Revenue Growth Potential

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 50.34 million in total revenues. That represents a quarterly year/year change in revenues of -0.21% in sequential terms, the SMTA saw sales grow by -0.10%.

But what about the bottom line? After all, that’s what really matters in the end. Spirit MTA REIT is intriguing when broken down to its core data. The cost of selling goods last quarter was 67.9 million, yielding a gross basic income of 17.57 million. For shareholders, given the total diluted outstanding shares of 42.90M, this means overall earnings per share of 2452000.