American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.
How is American Finance Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: AFIN has a high level of physical assets or inventory.
Debt Coverage by Assets: AFIN's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AFIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AFIN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.3% per year.
Financial Institutions Analysis
Asset Level: AFIN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if AFIN has a sufficient allowance for bad loans.
Low Risk Liabilities: AFIN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if AFIN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AFIN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if AFIN has an appropriate level of bad loans.
What is the CEO of American Finance Trust's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average board tenure
CEO
MikeWeil(52yo)
4.1yrs
Tenure
US$341,664
Compensation
Mr. Edward Michael Weil, Jr., also known as Mike, has been President and Chief Executive Officer at American Realty Capital Healthcare Trust III, Inc. since September 12, 2018. He has been Chief Executive ...
Board Age and Tenure
2.8yrs
Average Tenure
68yo
Average Age
Experienced Board: AFIN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: AFIN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
BuyUS$199,05202 Oct 19
Lisa Kabnick
Entity
Individual
Role
Lead Director
Lead Independent Director
Shares
14,310
Max Price
US$13.91
BuyUS$1,042,78915 May 19
Lisa Kabnick
Entity
Individual
Role
Lead Director
Lead Independent Director
Shares
100,000
Max Price
US$10.52
BuyUS$25,00714 Jan 19
Edward Weil
Entity
Individual
Role
Chief Executive Officer
Chairman
Shares
1,934
Max Price
US$12.93
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.1%.
Management Team
Mike Weil (52yo)
Chairman
Tenure: 4.1yrs
Compensation: US$341.66k
Jason Slear
Executive Vice President of Real Estate Acquisitions & Dispositions
Tenure: 0yrs
Boris Korotkin (48yo)
Senior Vice President of Capital Markets & Corporate Strategy
Tenure: 0yrs
Katie Kurtz (39yo)
CFO, Secretary & Treasurer
Tenure: 2.1yrs
Zach Pomerantz
Senior VP of Asset Management
Tenure: 0yrs
Board Members
Leslie Michelson (68yo)
Independent Director
Tenure: 2.8yrs
Compensation: US$565.96k
Stan Perla (75yo)
Independent Director
Tenure: 6.7yrs
Compensation: US$562.84k
Ed Rendell (75yo)
Independent Director
Tenure: 2.8yrs
Compensation: US$544.96k
Mike Weil (52yo)
Chairman
Tenure: 4.1yrs
Compensation: US$341.66k
Lisa Kabnick (63yo)
Lead Independent Director
Tenure: 1.8yrs
Compensation: US$619.81k
Company Information
American Finance Trust, Inc.'s company bio, employee growth, exchange listings and data sources
American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented an ...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2019/12/10 00:35
End of Day Share Price
2019/12/09 00:00
Earnings
2019/09/30
Annual Earnings
2018/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.