Page: Company Financials
Daiwa House Logistics Trust
$0.56
-0.01 (-0.88%)
As of: 2026-01-27
Master Data Export
Enterprise Value
| Metric | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Stock Price | 0.58 | 0.64 | 0.64 | 0.80 | 0.80 | 0.80 |
| Market Capitalization | 400.14M | 441.48M | 437.96M | 540.00M | 540.00M | 540.00M |
| (-) Cash & Equivalents | 59.61M | 67.83M | 72.52M | 7.69M | 0.00M | 0.00M |
| (+) Total Debt | 481.64M | 473.21M | 518.04M | 307.82M | 0.00M | 0.00M |
| Enterprise Value | 822.17M | 846.86M | 883.48M | 840.13M | 540.00M | 540.00M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118M | 137M | 57M | 60M | 70M | 71M | 59M | 41M |
| Cost of Revenue | 32M | 44M | 13M | 15M | 15M | 16M | 14M | 11M |
| Gross Profit | 86M | 93M | 44M | 45M | 55M | 55M | 44M | 29M |
| Gross Profit Margin | 72.8% | 68.0% | 76.9% | 75.7% | 79.2% | 77.1% | 75.7% | 72.1% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 8M | 1M | 4M | 6M | 5M | 7M | 3M | 2M |
| Operating Expenses | 9M | 0M | 3M | 6M | 5M | 9M | 5M | 4M |
| Operating Income (EBIT) | 77M | 93M | 41M | 39M | 50M | 46M | 40M | 26M |
| Operating Income Margin | 65.0% | 68.0% | 70.9% | 66.0% | 71.3% | 64.5% | 67.4% | 63.3% |
| Interest Income | 0M | 23M | -2M | -2M | 0M | 0M | 0M | 0M |
| Interest Expense | 8M | 11M | 5M | 5M | 8M | 10M | 10M | 10M |
| Net Interest Income | -8M | 12M | -7M | -6M | -8M | -10M | -10M | -10M |
| Unusual Items | 16M | -54M | 7M | 17M | 121M | -4M | -7M | -7M |
| EBT Excluding Unusual Items | 69M | 105M | 34M | 33M | 42M | 36M | 30M | 16M |
| Pre-Tax Income | 85M | 51M | 41M | 50M | 162M | 32M | 23M | 9M |
| Pre-Tax Margin | 72.0% | 37.3% | 72.4% | 83.1% | 232.6% | 45.2% | 39.1% | 22.2% |
| Income Tax Expense | 13M | 6M | 7M | 6M | 21M | 5M | 3M | 1M |
| Net Income | 71M | 1,394M | 34M | 43M | 140M | 27M | 20M | 7M |
| Net Income Margin | 60.5% | 1,019.3% | 59.4% | 72.4% | 200.8% | 38.2% | 33.4% | 16.2% |
| Depreciation & Amortization | -69M | 170M | 2M | 5M | 4M | 0M | -40M | 0M |
| EBITDA | 8M | 263M | 43M | 45M | 53M | 46M | 0M | 26M |
| EBITDA Margin | 6.9% | 192.4% | 74.5% | 74.4% | 76.5% | 64.5% | 0.0% | 63.7% |
| NOPAT | 65M | 81M | 34M | 34M | 43M | 39M | 34M | 22M |
| NOPAT Margin | 55.2% | 59.4% | 59.6% | 57.5% | 62.1% | 54.4% | 57.6% | 53.7% |
| Owner's Earnings | 2M | 1,564M | 36M | 9M | 144M | -6M | -20M | 7M |
| Owner's Earnings Margin | 1.9% | 1,143.7% | 62.2% | 15.0% | 206.0% | -8.1% | -34.0% | 16.6% |
| EPS (Basic) | 0.10 | 2.06 | 0.05 | 0.06 | 0.19 | 0.04 | 0.03 | 0.01 |
| EPS (Diluted) | 0.10 | 2.04 | 0.05 | 0.06 | 0.20 | 0.04 | 0.03 | 0.01 |
| Shares (Basic) | 694M | 684M | 697M | 692M | 684M | 675M | 675M | 675M |
| Shares (Diluted) | 694M | 684M | 697M | 692M | 684M | 675M | 675M | 675M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 35.62M | 81.81M | 81.81M | 45.80M | 48.94M | 15.39M |
| Short-Term Investments | 0.00M | -40.21M | -40.21M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 35.62M | 41.60M | 41.60M | 45.80M | 48.94M | 15.39M |
| Net Receivables | 1.17M | 0.79M | 0.79M | 0.67M | 0.35M | 69.45M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Assets | 45.36M | 41.27M | 41.27M | 48.99M | 0.14M | 51.61M |
| Total Current Assets | 82.15M | 83.66M | 83.66M | 95.45M | 49.42M | 136.45M |
| Property, Plant & Equipment | 0.00M | 0.00M | 979.90M | 989.87M | 1,058.19M | 1,070.55M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 0.00M | 0.00M | 0.00M | 1.78M | 1.12M | 0.00M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 1,044.93M | 996.46M | 16.56M | 14.64M | 16.34M | 0.00M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 1,044.93M | 996.46M | 996.46M | 1,006.29M | 1,075.65M | 1,070.55M |
| Total Assets | 1,127.08M | 1,080.12M | 1,080.12M | 1,101.74M | 1,125.07M | 1,207.00M |
| Accounts Payable | 0.01M | 0.01M | 0.01M | 0.06M | 0.17M | 0.00M |
| Short-Term Debt | 88.12M | 89.01M | 89.01M | 93.36M | 2.79M | 66.23M |
| Tax Payables | 0.05M | 2.82M | 2.82M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 4.16M | 4.45M | 0.00M |
| Other Current Liabilities | 8.46M | 7.62M | 7.62M | 5.57M | 2.87M | 0.00M |
| Total Current Liabilities | 96.64M | 99.46M | 99.46M | 103.14M | 10.28M | 66.23M |
| Long-Term Debt | 291.57M | 287.39M | 287.39M | 220.86M | 338.30M | 345.62M |
| Capital Lease Obligations | 144.90M | 143.55M | 143.55M | 157.49M | 173.67M | 203.79M |
| Deferred Tax Liabilities | 30.63M | 28.20M | 28.20M | 23.48M | 18.93M | -32.52M |
| Other Non-Current Liabilities | 16.83M | 0.18M | 0.18M | 16.46M | 29.15M | 50.01M |
| Total Non-Current Liabilities | 483.93M | 459.32M | 459.32M | 418.28M | 560.04M | 566.90M |
| Total Liabilities | 580.57M | 558.78M | 558.78M | 521.43M | 570.32M | 633.13M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 0.00M | 659.61M | 659.61M | 474.95M | 509.45M | 540.00M |
| Retained Earnings | 0.00M | 0.00M | 0.00M | 42.47M | 140.29M | 0.00M |
| Accumulated OCI | 0.00M | -141.48M | -141.48M | 0.28M | -60.74M | 9.25M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 0.00M | 518.13M | 518.13M | 517.70M | 589.00M | 549.25M |
| Total Equity | 0.00M | 518.13M | 518.13M | 517.70M | 589.00M | 549.25M |
| Total Liabilities & Equity | 580.57M | 1,076.90M | 1,076.90M | 1,039.13M | 1,159.32M | 1,182.38M |
| Tangible Assets | 1,127.08M | 1,080.12M | 1,080.12M | 1,101.74M | 1,125.07M | 1,207.00M |
| Tangible Equity | 0.00M | 518.13M | 518.13M | 517.70M | 589.00M | 549.25M |
| Tangible Book Value | 0.00M | 518.13M | 518.13M | 517.70M | 589.00M | 549.25M |
| Total Investments | 0.00M | 0.00M | 0.00M | 1.78M | 1.12M | 0.00M |
| Net Debt | 344.07M | 294.59M | 294.59M | 268.42M | 292.15M | 396.46M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Working Capital | -17.7M | -17.0M | -17.0M | -14.1M | 88.3M | 74.7M |
| Total Capital | 1,044.4M | 1,035.5M | 1,035.5M | 989.4M | 1,101.0M | 1,164.9M |
| Capital Employed | 1,027.3M | 979.4M | 979.4M | 992.1M | 1,164.0M | 1,145.2M |
| Invested Capital | 1,008.8M | 953.7M | 953.7M | 943.6M | 1,052.0M | 1,149.5M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Net Income | 71.34M | 170.83M | 41.34M | 43.32M | 28.22M | 38.72M | 19.59M |
| Depreciation & Amortization | 3.28M | 0.00M | 0.00M | 0.00M | 2.33M | 0.00M | 0.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -9.69M | 10.33M | -1.38M | -0.81M | 9.70M | -72.71M | 0.00M |
| Accounts Receivable | -3.50M | -1.40M | -0.40M | -0.36M | -0.37M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | 6.19M | 1.66M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | -12.38M | 10.07M | -0.98M | -0.45M | 10.07M | -72.71M | 0.00M |
| Other Non-Cash Items | -1.27M | -94.65M | 0.89M | 1.95M | 5.20M | 2.30M | -19.59M |
| Net Cash from Operating Activities | 63.67M | 86.77M | 40.85M | 44.47M | 45.45M | -31.69M | 0.00M |
| Capital Expenditures (PPE) | -0.13M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Acquisitions (Net) | -23.29M | 0.00M | -23.29M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | -24.28M | -885.77M | -23.65M | 0.00M | -885.72M | -861.46M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | -37.01M | -0.02M | -2.16M | -0.30M | 0.00M | 0.00M | 0.00M |
| Net Cash from Investing Activities | -84.70M | -885.77M | -49.09M | -0.30M | -885.72M | -861.46M | 0.00M |
| Net Debt Issuance | 166.58M | 408.90M | 48.10M | -3.14M | 444.47M | 477.96M | 0.00M |
| Long-Term Debt Issuance | 34.38M | 408.90M | 48.10M | -3.14M | 35.57M | 437.12M | 0.00M |
| Short-Term Debt Issuance | 132.20M | 0.00M | 0.00M | 0.00M | 408.90M | 477.96M | 0.00M |
| Net Stock Issuance | -2.52M | 527.00M | -0.79M | -0.86M | 527.49M | 540.00M | 0.00M |
| Common Stock Issuance | -1.52M | 527.49M | -1.52M | 0.00M | 527.49M | 540.00M | 0.00M |
| Common Stock Repurchased | -1.39M | 33.34M | 0.00M | -0.86M | -0.75M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -87.89M | -51.85M | -35.24M | -35.85M | -20.87M | -17.42M | 0.00M |
| Common Dividends Paid | -60.66M | -36.36M | -35.24M | -35.85M | -19.27M | -17.42M | 0.00M |
| Preferred Dividends Paid | -27.23M | -15.49M | 0.00M | 0.00M | -1.61M | 0.00M | 0.00M |
| Other Financing Activities | -66.85M | 36.09M | -9.43M | -4.24M | -3.12M | -100.86M | 0.00M |
| Net Cash from Financing Activities | 9.32M | 912.09M | 2.63M | -44.09M | 947.97M | 899.69M | 0.00M |
| Effect of FX on Cash | -0.07M | -4.50M | 1.41M | -3.21M | -79.93M | -0.29M | 0.00M |
| Net Change in Cash | -11.78M | 23.01M | -4.20M | -3.14M | 27.77M | 6.25M | 0.00M |
| Cash at Beginning of Period | 336.27M | 323.05M | 45.80M | 48.94M | 67.00M | 0.00M | 0.00M |
| Cash at End of Period | 281.88M | 346.06M | 41.60M | 45.80M | 94.76M | 6.25M | 0.00M |
| Operating Cash Flow | 76.74M | 86.77M | 40.85M | 44.47M | 45.45M | -31.69M | 0.00M |
| Capital Expenditure | -0.56M | 0.00M | -0.43M | -39.36M | 0.00M | 32.83M | 0.00M |
| Free Cash Flow | 76.17M | 86.77M | 40.42M | 44.47M | 45.45M | -31.69M | 0.00M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| EBITDA | 9.60M | 261.50M | 42.18M | 44.53M | 53.46M | 47.67M | 1.74M |
| (-) Tax Adjustment | 1.45M | 33.10M | 6.77M | 5.72M | 6.96M | 7.44M | 0.25M |
| (-) Change In Working Capital | -9.69M | 10.33M | -1.38M | -0.81M | 9.70M | -72.71M | 0.00M |
| (-) Capital Expenditure | -0.56M | 0.00M | -0.43M | -39.36M | 0.00M | 32.83M | 0.00M |
| Unlevered Free Cash Flow | 17.27M | 218.07M | 36.36M | 0.25M | 36.79M | 80.10M | 1.49M |
| (-) Net Interest Income After Taxes | -6.43M | 10.16M | -5.57M | -5.57M | -6.98M | -8.13M | -8.28M |
| Net Debt Issuance | 166.58M | 408.90M | 48.10M | -3.14M | 444.47M | 477.96M | 0.00M |
| Levered Free Cash Flow | 190.29M | 616.82M | 90.03M | 2.69M | 488.25M | 566.19M | 9.77M |