Turn.Bt
Turn.BT operates in the real estate rental, development, and operations industry, generating revenue primarily through property management, leasing, and development activities.
Business. Turn.BT operates in the real estate rental, development, and operations industry, generating revenue primarily through property management, leasing, and development activities.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
Turn.BT operates in the real estate rental, development, and operations industry, generating revenue primarily through property management, leasing, and development activities.
Turn.BT maintains a relatively strong liquidity position, with a current ratio of 1.41, indicating the company can cover its short-term liabilities with its short-term assets. However, the company's cash and equivalents of $30 million are significantly lower than its long-term debt of $597.9 million, resulting in a net cash position that is negative after subtracting total debt. This suggests a potential liquidity risk if the company faces unexpected short-term obligations.
In terms of profitability, Turn.BT reports a return on equity (ROE) of 6.91% and a return on assets (ROA) of 4.66%. These figures are below the industry median for ROE and ROA in the real estate rental, development, and operations sector, indicating that the company is underperforming relative to its peers in terms of capital efficiency and asset utilization.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the financial snapshot. This lack of diversification increases exposure to regional economic downturns or regulatory changes that could impact the company's primary market.
Turn.BT's growth trajectory appears modest, with no significant revenue growth disclosed in the financial data. The company's capital expenditure of -$1.68 million suggests a reduction in investment in new projects or property improvements, which may signal a conservative approach to growth or a focus on cost management. This could limit the company's ability to expand its asset base or increase rental income in the near term.
The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.3 is relatively low, suggesting a conservative capital structure with limited leverage. However, the negative net cash position after subtracting total debt raises concerns about the company's ability to meet long-term obligations without additional financing.
Recent events, such as property acquisitions or divestitures, are not explicitly detailed in the available financial data. The company's 10-K or 8-K filings would provide more insight into strategic moves or regulatory developments that could impact its operations.
- Turn.BT has a conservative capital structure with a low debt-to-equity ratio of 0.3.
- The company's liquidity position is moderate, with a current ratio of 1.41 but a negative net cash position after subtracting total debt.
- Turn.BT's ROE and ROA are below the industry median, indicating underperformance in capital efficiency and asset utilization.
- The company's growth appears limited, with a negative capital expenditure and no disclosed geographic diversification.
- The risk assessment highlights a medium liquidity risk and a low dilution risk.
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- Net cash is negative after subtracting total debt.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- TURN.BT Market data — financials · 2026-05-29