Global Medical REIT Files 2024 10-K
Ticker: XRN-PB · Form: 10-K · Filed: Feb 28, 2025 · CIK: 1533615
| Field | Detail |
|---|---|
| Company | Global Medical Reit Inc. (XRN-PB) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: real-estate, REIT, financials
TL;DR
GMRE filed its 2024 10-K. Financials for year ending 12/31/24 are in. Check it out.
AI Summary
Global Medical REIT Inc. filed its 2024 10-K on February 28, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, a real estate investment trust, operates within the healthcare real estate sector. Key financial figures and operational details for the period are outlined in the filing.
Why It Matters
This filing provides investors with a comprehensive overview of Global Medical REIT's financial health, operational performance, and strategic direction for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — As a real estate investment trust, Global Medical REIT is subject to market fluctuations, interest rate changes, and tenant-specific risks that can impact its financial performance.
Key Numbers
- $3.105B — Total Assets (Reported for fiscal year 2024)
- $66.871M — Total Liabilities (Reported for fiscal year 2023)
- $3.2M — Other Liabilities (Specific liability category mentioned)
Key Players & Entities
- Global Medical REIT Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
- BETHESDA, MD (location) — Company headquarters
- SCOOP MEDIA, INC. (company) — Former company name
FAQ
What was Global Medical REIT's total revenue for the fiscal year ending December 31, 2024?
The provided snippet does not explicitly state the total revenue for the fiscal year ending December 31, 2024. It focuses on asset and liability figures.
What is the maturity date of the non-recourse debt mentioned in the filing?
The filing indicates a maturity date of 2026-05-01 for certain non-recourse debt.
What is the Secured Overnight Financing Rate (SOFR) reference related to?
The filing references SOFR in relation to certain financial instruments or debt, likely for interest rate calculations.
When did Global Medical REIT change its name from SCOOP MEDIA, INC.?
The company changed its name from SCOOP MEDIA, INC. on October 27, 2011.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for Global Medical REIT Inc. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding Global Medical REIT Inc. (XRN-PB).