Comic Strip - Uncommon Metrics of REITs

Today, the comic strip topic is about uncommon metrics of REITs, in whic besides income support, I have rarely seen others bring up. This comic strip is based on the Uncommon Financial Metrics of REITs and Case Studies for SREITs with Capital Distribution from Disposal post which I have posted in 2019 and 2020 respectively.

Out of the above metrics, income support is the most talk about. And recently, more people start to mention about distribution from asset disposal. For distribution on capital, this is actually a modified metric of return on capital (ROC). ROC is to measure the profitability of companies relative to the amount of capital invested by shareholders and debts. The distribution margin is similar to the profit margin that measures profitability. However, note that the distribution would be affected by the amount of retention for working capital use and management fees paid in units, and thus same for those metrics which employ distribution.

Again, the question is, where could you get this info? You could do a manual calculation from the presentation and financial statement or you could refer to SREITs Dashboard for the individual SREIT detail breakdown. Finally, hope you enjoy my comic strip.