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Business Parks (PSB)

Business Parks (PSB)
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PS Business Parks, Inc. is a real estate investment trust (REIT) which owns, acquires, develops and operates commercial real estate properties, especially multi-tenant flex, office and industrial. Flex space is defined as properties that are configured with a combination of office and warehouse space. These spaces can be designed to fit a number of uses, such as light manufacturing, office, showroom, laboratory, assembly and warehouse. The company's multi-tenant commercial properties are positioned in markets that have witnessed long-term economic growth. Also, there is a certain concentration on small and medium-sized customers.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Mar, 2022 Dec, 2021 Sep, 2021 Jun, 2021 Mar, 2021
Sales 112,840 110,840 110,450 109,360 108,050
Sales Growth +1.80% +0.35% +1.00% +1.21% +2.82%
Net Income 82,100 286,090 64,610 57,960 40,100
Net Income Growth -71.30% +342.80% +11.47% +44.54% +2.43%
(Values in U.S. Thousands) Mar, 2022 Dec, 2021 Sep, 2021 Jun, 2021 Mar, 2021
Total Assets 2,166,570 2,123,220 2,128,480 2,086,520 2,055,940
Total Assets Growth +2.04% -0.25% +2.01% +1.49% -0.09%
Total Liabilities 115,510 129,150 99,210 88,990 82,930
Total Liabilities Growth -10.56% +30.18% +11.48% +7.31% +1.05%
(Values in U.S. Thousands) Mar, 2022 Dec, 2021 Sep, 2021 Jun, 2021 Mar, 2021
Operating Cash Flow 66,560 302,240 232,410 148,110 68,820
Operating Cash Flow Growth -77.98% +30.05% +56.92% +115.21% -75.15%
Net Cash Flow 77,130 -42,010 -22,490 46,880 410
Change in Net Cash Flow +283.60% -86.79% -147.97% +11,334.15% -93.49%
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