Global Medical REIT Q1 2025 10-Q Filed
Ticker: XRN-PB · Form: 10-Q · Filed: May 8, 2025 · CIK: 1533615
| Field | Detail |
|---|---|
| Company | Global Medical Reit Inc. (XRN-PB) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, real estate
TL;DR
GMRE Q1 2025 10-Q: $31M assets, $67M liabilities. Watch for debt.
AI Summary
Global Medical REIT Inc. (GMRE) filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $31.05 million and total liabilities of $66.87 million as of March 31, 2025. For the three months ended March 31, 2025, the company had common stock activity and retained earnings, with specific figures for these accounts not detailed in this excerpt.
Why It Matters
This filing provides a snapshot of Global Medical REIT's financial position and activities for the first quarter of 2025, crucial for investors assessing the company's health and performance.
Risk Assessment
Risk Level: medium — The company has significantly more liabilities than assets, indicating a potentially high level of financial risk.
Key Numbers
- $31.05M — Total Assets (As of March 31, 2025)
- $66.87M — Total Liabilities (As of March 31, 2025)
Key Players & Entities
- Global Medical REIT Inc. (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250508 (date) — Filing Date
- 3105000 (dollar_amount) — Total Assets
- 66871000 (dollar_amount) — Total Liabilities
FAQ
What is the total amount of debt outstanding for Global Medical REIT as of March 31, 2025?
The filing indicates 'Notes Payable Other Payables' and 'LineOfCredit' as liabilities, but specific dollar amounts for these are not provided in this excerpt.
What was the net income or loss for Global Medical REIT for the first quarter of 2025?
The provided excerpt does not contain information on the company's net income or loss for the period.
Did Global Medical REIT issue any new common stock during the first quarter of 2025?
The filing references 'CommonStockIncludingAdditionalPaidInCapitalMember' for the period January 1, 2025 to March 31, 2025, suggesting activity, but specific issuance details are not in this excerpt.
What is the Secured Overnight Financing Rate (SOFR) reference mentioned in the filing?
The filing includes a reference to 'http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember', indicating its relevance to financial reporting standards.
What was the company's financial position at the end of the previous fiscal year (December 31, 2024)?
The filing references 'NotesPayableOtherPayablesMember' and 'LineOfCreditMember' for December 31, 2024, but specific total asset and liability figures for that date are not detailed in this excerpt.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding Global Medical REIT Inc. (XRN-PB).