Clipper Realty (CLPR) Below-Market Lease Liabilities (2015 - 2023)
Clipper Realty's Below-Market Lease Liabilities was $1,000 in Q2 2023, down 97.2% from $36,000 a year earlier and down 90.0% from the prior quarter.
Clipper Realty (CLPR) Below-Market Lease Liabilities (2015 - 2023) Analysis & Trends
At the end of FY2022, Below-Market Lease Liabilities at Clipper Realty came in at $18,000, down 66.0% from FY2021.
- Below-Market Lease Liabilities has now declined for seven consecutive years, with a five-year compound annual growth rate of -67.6% (FY2017 to FY2022).
- In earlier years, Below-Market Lease Liabilities was $53,000 in FY2021 (-66.2%), $157,000 in FY2020 (-90.3%), $1.63 million in FY2019 (-44.4%) and $2.92 million in FY2018 (-42.4%).
- The Q2 2023 figure marks the lowest quarterly Below-Market Lease Liabilities in data going back to Q4 2015.
- Compared with a year earlier, Below-Market Lease Liabilities has declined for 23 straight quarters, with an average decline of 69.6% over the last eight quarters.
- The year-over-year decline in Below-Market Lease Liabilities has ranged between 32.8% (Q2 2020) and 97.2% (Q2 2023) over the last five years.
- Per Business Quant data, CLPR's Below-Market Lease Liabilities in the three quarters before Q2 2023 was $10,000 (Q1 2023), $18,000 (Q4 2022) and $27,000 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Below-Market Lease Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 1.46 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | - |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | - |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | - |
| 10 | Clipper Realty | 54.61 Mn | -141.82 Mn | 9.93 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 1,000.00 |
| Mar 31, 2023 | 10,000.00 |
| Dec 31, 2022 | 18,000.00 |
| Sep 30, 2022 | 27,000.00 |
| Jun 30, 2022 | 36,000.00 |
| Mar 31, 2022 | 44,000.00 |
| Dec 31, 2021 | 53,000.00 |
| Sep 30, 2021 | 61,000.00 |
| Jun 30, 2021 | 94,000.00 |
| Mar 31, 2021 | 126,000.00 |
| Dec 31, 2020 | 157,000.00 |
| Sep 30, 2020 | 189,000.00 |
| Jun 30, 2020 | 1.37 Mn |
| Mar 31, 2020 | 1.50 Mn |
| Dec 31, 2019 | 1.63 Mn |
| Sep 30, 2019 | 1.75 Mn |
| Jun 30, 2019 | 2.03 Mn |
| Mar 31, 2019 | 2.47 Mn |
| Dec 31, 2018 | 2.92 Mn |
| Sep 30, 2018 | 3.46 Mn |
Clipper Realty Below-Market Lease Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=below-market-lease-liabilities&ticker=CLPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "below-market-lease-liabilities", "ticker": "CLPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=below-market-lease-liabilities&ticker=CLPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();