Greystone Housing Impact Investors LP Financial Ratios — GHI

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	9,250.6	10,599.88	9,789.26	5,116.35	519.49	4,143.44	11,929.27	12,330.36	5,705.48	-23,382.03
Return on Assets (%)	-0.83	1.25	3.74	2.35	3.3	2.63	3.04	4.01	3.03	0.65	2.98	4.44	3.51	1.38	-0.49
Return on Capital (%)	- -	5.92	10.13	7.6	8.65	5.79	6.56	- -	4.56	0.98	4.25	- -	4.61	1.8	- -
Return on Invested Capital (%)	- -	2.44	4.74	4.23	4.14	2.86	3.35	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	39.35	59.78	62.11	70.71	79.1	83.45	86.92	91.49	100	100	100	100	100	100	100
EBITDA Margin (%)	57.24	74.95	76.45	100.47	82.36	69.84	74.82	-8.77	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	25.19	42.34	58.37	79.38	68.83	57.52	66.54	-14.48	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	172.65	126.03	76.1	-116.37	45.13	-13.85	136.62	- -	-105.34	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-14.92	14.11	39.27	44.98	47.57	51.58	58.32	64.55	56.82	20.4	61.54	72.46	70.82	53.39	-30.83
Profit Margin (%)	-13.8	22.7	47.5	45.16	55.32	42.68	48.64	66.03	56.74	20.18	61.44	72.51	70.81	53.31	-34.59
Net Income to Common Margin (%)	-13.8	26.95	43.7	45.16	55.32	41.63	45.49	61.42	51.4	12.14	56.81	69.34	67.05	45.83	-52.39
Effective Tax Rate (%)	- -	- -	- -	- -	- -	17.25	16.41	- -	0.15	1.1	0.17	- -	0.02	0.15	- -
Dvd Payout Ratio (%)	-823.74	478.21	154.34	201.5	137.91	145.1	109.5	86.99	117.54	519.86	73.18	69.8	77.45	188.36	-275.33
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	-4,171.96	-1,006.66	1,273.32	-897.4	-2,181.11	1,111.37	3,602.6	2,780.37	-5,041.54	-87,760.61

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	148	217	314	422	556	666	694	569	578	710	895	1,116	1,050	1,164	1,096
ST Debt	- -	- -	- -	- -	17	60	50	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	148	217	314	422	538	607	644	569	578	710	895	1,116	1,050	1,164	1,096
Total Debt/EBITDA	15.92	14.79	11.03	12.62	14.03	17.12	14.74	-104.07	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	14.92	12.73	8.63	11.15	13.16	15.05	12.2	-98.21	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	36.17	26.17	14.44	15.97	16.78	20.79	16.58	-63.05	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	33.89	22.53	11.3	14.11	15.74	18.28	13.72	-59.5	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	1.61	2.65	3.94	2.93	2.67	2.52	2.12	-0.24	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	-0.83	1.2	2.14	0.85	2.45	2.47	2.1	-0.26	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	0.71	1.5	3.01	2.32	2.23	2.07	1.89	-0.39	- -	- -	- -	- -	- -	- -	- -
Interest Expense	6	6	7	11	15	15	22	23	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-8.01	-6.16	-3.83	-2.76	0.05	0.01	0.04	0.04	0.07	0.08	0.06	0.02	0.04	0.01	- -
Long-Term Debt/Equity (%)	112.58	117.99	154.76	136.18	171.89	189.01	157.75	142.62	132.55	156.23	191.65	266.75	243.23	303.52	288.75
Long-Term Debt/Capital (%)	118.69	112.09	106.96	105.11	96.78	85.76	81.64	85.73	85.88	88.15	90.38	92.18	92.68	93.76	91.46
Long-Term Debt/Total Assets (%)	49.71	52.54	58.84	56.71	62.07	64.25	60.19	57.88	56.19	60.38	64.56	71.22	69.39	73.67	72.94
Total Debt/Equity (%)	112.58	117.99	154.76	136.18	177.48	207.65	170	142.62	132.55	156.23	191.65	266.75	243.23	303.52	288.75
Total Debt/Capital (%)	118.69	112.09	106.96	105.11	99.93	94.22	87.99	85.73	85.88	88.15	90.38	92.18	92.68	93.76	91.46
Total Debt/Total Assets (%)	49.71	52.54	58.84	56.71	64.09	70.58	64.86	57.88	56.19	60.38	64.56	71.22	69.39	73.67	72.94
Net Debt to Equity	105.5	101.59	121.09	120.32	166.45	182.55	140.7	134.59	-9.7	-9.8	-14.63	-12.23	-8.78	-3.83	-10.41
Net Debt/Capital (%)	132.56	114.32	87.04	105.83	96.68	85.33	79.87	85	-6.7	-5.85	-7.41	-4.41	-3.46	-1.2	-3.41
EBITDA	9	15	29	33	40	39	47	-5	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	-5	7	16	10	36	38	47	-6	- -	- -	- -	-2	-1	- -	- -
Operating Income (Loss)	4	8	22	26	33	32	42	-9	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	20.85	22.76	6.17	9.02	20.72	10.1	13.57	2.12	- -	- -	- -	- -	- -	- -	- -
Current Ratio	23.67	24.08	7.54	46.98	1.69	10.28	13.7	2.66	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	22.19	23.77	7.67	10.59	21.6	10.59	14.11	3.64	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	1.38	0.83	1.27	1.45	0.88	0.28	0.24	0.63	2.38	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-8.01	-6.16	-3.83	-2.76	0.05	0.01	0.04	0.04	0.07	0.08	0.06	0.02	0.04	0.01	- -
Long-Term Debt/Equity (%)	112.58	117.99	154.76	136.18	171.89	189.01	157.75	142.62	132.55	156.23	191.65	266.75	243.23	303.52	288.75
Long-Term Debt/Capital (%)	118.69	112.09	106.96	105.11	96.78	85.76	81.64	85.73	85.88	88.15	90.38	92.18	92.68	93.76	91.46
Long-Term Debt/Total Assets (%)	49.71	52.54	58.84	56.71	62.07	64.25	60.19	57.88	56.19	60.38	64.56	71.22	69.39	73.67	72.94
Total Debt/Equity (%)	112.58	117.99	154.76	136.18	177.48	207.65	170	142.62	132.55	156.23	191.65	266.75	243.23	303.52	288.75
Total Debt/Capital (%)	118.69	112.09	106.96	105.11	99.93	94.22	87.99	85.73	85.88	88.15	90.38	92.18	92.68	93.76	91.46
Total Debt/Total Assets (%)	49.71	52.54	58.84	56.71	64.09	70.58	64.86	57.88	56.19	60.38	64.56	71.22	69.39	73.67	72.94
CFO/Total Liabilities	6.15	3.26	4.3	4.02	3.5	2.44	2.59	4.4	3.04	2.2	3.69	1.84	2.31	1.5	3.34
CFO/CapEx	0.73	0.93	1.09	0.73	5.91	23.96	38.8	48.15	141.99	38.01	216.5	11.68	31.24	- -	- -
Altman's Z-Score	1.22	1.4	0.83	1.47	0.55	1.37	1.48	0.42	0.53	0.25	0.31	0.26	0.26	0.14	0.1

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	18.43	21.35	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	19.81	17.1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	1.99	0.93	1.26	0.83	0.77	0.62	0.51	0.39	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	183.35	392.85	290.26	442.36	475.06	587.69	713.99	929.5	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	-183.35	-392.85	-290.26	-442.36	-455.26	-570.59	-713.99	-929.5	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	19.81	17.1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	151	253	278	318	310	331	372	347	474	262	405	390	383	236	160
- Cash & Cash Equivalents	20	30	11	49	17	21	70	32	42	44	68	51	38	15	40
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	41	94	94	94	94	94	94	82	77	102
+ Minority/Non Controlling Interest	1	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	148	217	314	422	556	666	694	569	578	710	895	1,116	1,050	1,164	1,096
Enterprise Value	144	232	519	630	204	280	252	978	1,105	1,021	1,326	1,549	1,478	1,463	1,319
Total Capital	125	194	294	402	556	707	789	663	673	805	990	1,211	1,133	1,241	1,199
Total Debt/Capital (%)	118.69	112.09	106.96	105.11	99.93	94.22	87.99	85.73	85.88	88.15	90.38	92.18	92.68	93.76	91.46
Total Debt / EV	1.03	0.94	0.61	0.67	2.72	2.38	2.76	0.58	0.52	0.69	0.67	0.72	0.71	0.8	0.83
EV/Sales	8.87	11.83	13.91	18.91	4.25	5.02	4	15.7	20.55	28.59	21.38	17.13	19.38	36.58	59.92
EV/EBITDA	15.5	15.79	18.2	18.82	5.16	7.19	5.35	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	35.21	27.94	23.83	23.82	6.17	8.72	6.01	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	9.01	17.81	24.17	21.83	5.97	9.98	7.06	19.8	61.39	64.48	39.07	73.32	59.27	81.3	35.14
EV/Free Cash Flow to Firm	4.79	11.02	15.05	11.96	5.45	9.76	6.97	19.59	60.96	62.83	38.89	67.54	57.43	81.3	35.14
Diluted Market Cap	151	253	278	318	310	331	372	347	474	262	405	390	383	236	160
Diluted Enterprise Value	280	442	581	691	849	1,017	1,090	978	1,105	1,021	1,326	1,549	1,478	1,463	1,319
EV per Share	14.07	18.23	35.08	31.13	9.97	13.65	12.25	47.34	53.6	49.52	62.87	68.89	64.46	63.41	56.89
TTM Sales	16	20	37	33	48	56	63	62	54	36	62	90	76	40	22
TTM EBITDA	9	15	29	33	40	39	47	-5	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	4	8	22	26	33	32	42	-9	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	16	13	21	29	34	28	36	49	18	16	34	21	25	18	38
TTM Free Cash Flow to Firm	30	21	34	53	37	29	36	50	18	16	34	23	26	18	38

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	6.22	16.34	10.2	7.71	13.68	20.84	21.13	13.24	26.17	16.11	11.88	16.99	14.9	13.14	4.25
EV/EBIT	35.21	27.94	23.83	23.82	6.17	8.72	6.01	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	144	232	519	630	204	280	252	978	1,105	1,021	1,326	1,549	1,478	1,463	1,319
Low Price	14.34	14.67	18.35	14.76	14.55	12.76	15.84	15.45	16.55	10.52	12.16	16.46	14.5	10.12	6.01
EV/Sales	8.87	11.83	13.91	18.91	4.25	5.02	4	15.7	20.55	28.59	21.38	17.13	19.38	36.58	59.92
EV/EBITDA	15.5	15.79	18.2	18.82	5.16	7.19	5.35	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	48.02	17.05	21.15	11.65	14.25	12.99	9.06	17.17	60.39	11.5	6.22	7.5	12.9	- -
Price/Earnings Average	-74.16	41.13	18.76	23.76	12.67	14.39	12.65	9.79	15.93	71.01	10.79	6.66	7.45	18.2	-21.42
Price/Earnings High	-80.55	51.13	19.93	26.53	13.59	16.12	13.42	10.48	18.24	115.08	12.72	7.45	8.61	21.7	-26.72
Price/Earnings Low	-65.52	35.35	16.65	19.86	11.21	11.27	11.38	8.34	12.35	50.03	7.28	5.9	6.5	12.74	-12.08
Price/Book Value	-6.34	-9.95	-13.6	-15.5	776.96	3,224.19	849.64	1,006.47	645.07	280.21	529.26	1,364.58	704.79	2,397.86	- -
Price/Book Value Average	-6.97	-8.53	-14.96	-17.41	844.97	3,257.12	827.54	1,087.05	598.72	329.46	496.31	1,461.15	700.06	3,382.92	- -
Price/Book Value High	-7.57	-10.6	-15.89	-19.45	905.94	3,647.69	877.84	1,164.12	685.16	533.95	585.47	1,635.44	809.33	4,033.08	- -
Price/Book Value Low	-6.16	-7.33	-13.28	-14.55	747.67	2,548.99	744.38	926.14	463.97	232.11	335.03	1,296.07	611.21	2,367.45	- -
Price/Tangible Book Value	1.15	1.38	1.37	1.03	0.99	1.18	1.18	1.14	1.39	0.73	1.09	1.2	1.1	0.77	0.58
Price/Tangible Book Value Average	1.26	1.18	1.51	1.15	1.08	1.19	1.15	1.23	1.29	0.86	1.02	1.29	1.09	1.09	0.89
Price/Tangible Book Value High	1.37	1.47	1.6	1.29	1.15	1.34	1.22	1.32	1.47	1.39	1.2	1.44	1.26	1.3	1.11
Price/Tangible Book Value Low	1.12	1.01	1.34	0.96	0.95	0.93	1.04	1.05	1	0.6	0.69	1.14	0.95	0.76	0.5
Price/Sales	9.31	12.94	7.45	9.55	6.45	5.93	5.91	5.57	8.82	7.33	6.53	4.31	5.03	5.91	7.26
Price/Sales Average	10.24	11.08	8.2	10.73	7.01	5.99	5.75	6.01	8.19	8.62	6.13	4.62	4.99	8.34	11.22
Price/Sales High	11.12	13.78	8.71	11.98	7.52	6.71	6.1	6.44	9.37	13.97	7.23	5.17	5.77	9.94	14
Price/Sales Low	9.04	9.52	7.28	8.97	6.2	4.69	5.18	5.12	6.35	6.07	4.14	4.09	4.36	5.84	6.33
Price/Cash Flow	14.79	33.88	19.52	18.23	15.99	21.7	21.68	13.51	26.35	16.54	11.94	18.44	15.37	13.14	4.25
Price/Cash Flow Average	16.27	29.02	21.48	20.48	17.39	21.93	21.11	14.59	24.46	19.44	11.19	19.75	15.27	18.54	6.58
Price/Cash Flow High	17.67	36.07	22.82	22.87	18.65	24.56	22.39	15.63	27.99	31.51	13.21	22.11	17.65	22.1	8.21
Price/Cash Flow Low	14.37	24.94	19.07	17.11	15.39	17.16	18.99	12.43	18.95	13.7	7.56	17.52	13.33	12.98	3.71
Price/Free Cash Flow Average	6.84	14	11.22	8.66	14.87	21.05	20.58	14.3	24.29	18.94	11.14	18.19	14.8	18.54	6.58
Price/Free Cash Flow High	7.43	17.4	11.92	9.67	15.95	23.57	21.83	15.31	27.8	30.7	13.15	20.36	17.11	22.1	8.21
Price/Free Cash Flow Low	6.05	12.03	9.96	7.24	13.16	16.47	18.51	12.18	18.82	13.35	7.52	16.14	12.92	12.98	3.71
EV/Sales Average	18.15	20.73	16.32	21.93	18.21	18.31	17.18	16.14	19.92	29.88	20.98	17.44	19.34	39.01	63.89
EV/Sales High	19.03	23.42	16.83	23.18	18.71	19.03	17.53	16.57	21.1	35.23	22.08	17.99	20.12	40.61	66.66
EV/Sales Low	16.95	19.17	15.4	20.17	17.4	17.01	16.6	15.25	18.08	27.33	18.99	16.92	18.71	36.5	59
EV/EBITDA Average	31.7	27.66	21.35	21.83	22.11	26.22	22.96	-184.01	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	33.24	31.25	22.02	23.07	22.72	27.25	23.43	-188.87	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	29.62	25.58	20.15	20.07	21.13	24.35	22.19	-173.87	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	72.02	48.95	27.97	27.62	26.45	31.83	25.82	-111.48	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	75.52	55.32	28.84	29.2	27.19	33.08	26.34	-114.42	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	67.29	45.27	26.39	25.41	25.28	29.57	24.95	-105.33	- -	- -	- -	- -	- -	- -	- -
Last Price	14.76	19.93	18.79	15.72	15.12	16.14	18.08	16.79	23.01	12.7	19.21	17.33	16.72	10.25	6.89
High Price	17.63	21.22	21.96	19.72	17.63	18.26	18.68	19.42	24.44	24.2	21.25	20.77	19.2	17.24	13.29
Enterprise Value Average	295	406	609	730	876	1,020	1,080	1,006	1,071	1,068	1,301	1,577	1,475	1,560	1,406
Enterprise Value High	309	459	628	772	900	1,060	1,102	1,032	1,134	1,259	1,369	1,626	1,535	1,624	1,467
Enterprise Value Low	276	376	574	671	837	948	1,044	950	971	976	1,177	1,529	1,427	1,460	1,298

Shares Outstanding	10	15	17	21	21	20	21	21	21	21	23	22	23	23	24
Diluted Weighted Avg Shares	10	13	15	20	21	20	21	21	21	21	21	22	23	23	23
Basic Weighted Avg Shares	10	13	15	20	21	20	21	21	21	21	21	22	23	23	23
Revenue per Share	1.59	1.54	2.52	1.65	2.35	2.72	3.06	3.02	2.61	1.73	2.94	4.02	3.33	1.73	0.95
EBITDA per Share	0.91	1.15	1.93	1.65	1.93	1.9	2.29	-0.26	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	0.4	0.65	1.47	1.31	1.61	1.57	2.04	-0.44	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	-0.22	0.42	1.1	0.74	1.3	1.13	1.39	1.85	1.34	0.21	1.67	2.79	2.23	0.79	-0.5
Basic EPS from Cont Ops	-0.24	0.22	0.99	0.74	1.12	1.16	1.49	1.99	1.48	0.35	1.81	2.92	2.36	0.92	-0.33
Diluted EPS, GAAP	-0.22	0.42	1.1	0.74	1.3	1.13	1.39	1.85	1.34	0.21	1.67	2.79	2.23	0.79	-0.5
Diluted EPS from Cont Ops	-0.24	0.22	0.99	0.74	1.12	1.16	1.49	1.99	1.48	0.35	1.81	2.92	2.36	0.92	-0.33
Dividend per Share	1.49	1.49	1.5	1.49	1.54	1.67	1.63	1.75	1.71	1.23	1.36	2.07	1.85	1.63	1.54
Cash Flow per Share	1	0.59	0.96	0.86	0.95	0.74	0.83	1.24	0.87	0.77	1.61	0.94	1.09	0.78	1.62
Free Cash Flow per Basic Share	-0.38	-0.04	0.08	-0.31	0.79	0.71	0.81	1.22	0.87	0.75	1.6	0.86	1.05	0.78	1.62
Cash & Equivalents per Share	15.19	18.93	4.96	5.46	32.25	37.01	44.19	1.55	2.05	2.16	3.24	2.28	1.65	0.64	1.7
Book Value per Share	-2.33	-2	-1.38	-1.01	0.02	0.01	0.02	0.02	0.04	0.05	0.04	0.01	0.02	- -	- -
Tangible Book Value per Share	12.84	14.47	13.73	15.32	15.27	13.68	15.27	14.74	16.59	17.44	17.66	14.41	15.23	13.26	11.96

Greystone Housing Impact Investors LP

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)