Retail Opportunity Investments Corp. Financial Ratios — ROIC

Profitability (USD)

	2009 Y	2010 Y	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
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	-2.29	-0.09	1.67	0.96	2.83	1.23	1.15	1.32	1.35	1.41	1.65	1.11	1.85	1.75	1.15
Return on Capital (%)	- -	- -	14.02	6.35	9.01	6.25	5.99	5.94	5.97	6.49	7.34	6.66	8.37	8.34	8.27
Return on Invested Capital (%)	- -	- -	1.32	1.63	2.53	2.76	2.97	3.21	3.35	3.49	3.58	3.4	3.34	3.77	3.84
Gross Margin (%)	80	72.17	74.05	73.29	72.13	73.7	75.01	75.86	74.82	74.24	74.22	73.84	72.51	72.61	72.36
EBITDA Margin (%)	-24,289.16	20.84	55.11	55.9	62.81	66.19	68.12	70.14	69.66	69.2	68.18	67.94	65.59	65.67	65.69
Operating Margin (%)	-24,352.27	-16.4	14	17.18	26.49	28.7	31.29	32.88	34.43	35.11	35.11	33.54	32.88	34.51	33.89
Incremental Operating Margin (%)	- -	- -	28.03	24.21	45.83	34.22	42.26	39.77	44.61	43.28	31.93	76.06	13,392.86	50.56	20.67
Pretax Margin (%)	-21,064.62	-2.46	18.66	10.51	31.19	13.51	13.02	15.36	15.62	15.94	18.2	12.22	20.19	17.72	11.18
Profit Margin (%)	-20,477.89	-2.46	18.66	10.51	30.4	13.02	12.38	13.81	14.08	14.45	16.56	11.27	18.83	16.58	10.54
Net Income to Common Margin (%)	-20,477.89	-2.46	18.66	10.51	30.4	13.02	12.38	13.81	14.08	14.45	16.56	11.27	18.83	16.58	10.54
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	-1,867.26	169.32	342.82	121.96	245.76	250.14	188.68	176.8	171.69	155.08	62.51	64.97	155.09	146.61
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2009 Y	2010 Y	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
Total Debt	1	42	217	449	707	862	1,107	1,311	1,666	1,649	1,554	1,502	1,466	1,547	1,516
ST Debt	- -	- -	- -	119	57	156	132	96	140	154	81	48	- -	88	75
LT Debt	1	42	217	330	650	705	975	1,216	1,526	1,495	1,473	1,454	1,466	1,459	1,441
Total Debt/EBITDA	-0.1	12.47	7.6	10.7	10.12	8.35	8.43	7.88	8.75	8.06	7.73	7.78	7.87	7.53	7.04
Net Debt/EBITDA	34.5	-12.88	4.76	9.22	8.79	7.1	7.42	6.87	7.75	7.21	6.99	7.11	7.06	6.76	6.37
Total Debt/EBIT	-0.1	-15.84	29.89	34.81	24	19.26	18.36	16.81	17.71	15.88	15	15.77	15.69	14.33	13.65
Net Debt/EBIT	34.41	16.36	18.71	30	20.83	16.38	16.14	14.66	15.68	14.22	13.57	14.4	14.09	12.87	12.36
EBITDA to Interest Expense	- -	10.5	4.58	3.69	4.41	3.74	3.83	4.08	3.73	3.3	3.26	3.23	3.24	3.47	2.94
EBITDA-CapEx/Interest Expense	- -	-644.14	-29.96	3.69	4.41	3.74	3.83	4.08	3.73	3.3	3.26	3.23	3.24	3.47	2.94
EBIT to Interest Expense	- -	-8.26	1.16	1.13	1.86	1.62	1.76	1.91	1.85	1.67	1.68	1.6	1.62	1.82	1.52
Interest Expense	- -	- -	6	11	16	28	34	41	51	62	62	60	58	59	73
Common Equity/Total Assets	-1.24	-2.77	-2.82	-4.09	-3.31	-4.37	-5.34	-6.23	-6.93	-8.54	-10.23	-10.1	-10.17	-10.52	-11.99
Long-Term Debt/Equity (%)	0.28	10.86	48.08	70.75	92.15	73.25	86.19	92.4	114.75	114.27	114.06	112.65	107.3	105.38	105.72
Long-Term Debt/Capital (%)	-28.98	143.58	109.95	80.46	94.39	86.02	90.39	95.52	96.49	98.84	107.65	111.47	116.56	110.57	116.7
Long-Term Debt/Total Assets (%)	0.28	9.14	31.19	34.71	45.17	38.09	42.37	45.65	50.2	49.79	50.57	50.77	50.06	48.57	48.4
Total Debt/Equity (%)	0.28	10.86	48.08	96.25	100.22	89.5	97.86	99.67	125.31	126.02	120.31	116.37	107.3	111.74	111.22
Total Debt/Capital (%)	-28.98	143.58	109.95	109.47	102.66	105.11	102.62	103.03	105.36	109	113.55	115.15	116.56	117.24	122.78
Total Debt/Total Assets (%)	0.28	9.14	31.19	47.22	49.13	46.54	48.1	49.24	54.82	54.91	53.34	52.45	50.06	51.5	50.92
Net Debt to Equity	-96.24	-11.22	30.1	82.95	87.01	76.09	86.04	86.89	110.98	112.86	108.81	106.25	96.33	100.35	100.65
Net Debt/Capital (%)	99	77.29	83.35	95.43	90.16	90.55	90.98	90.76	94	98.01	102.99	105.53	105.76	105.74	111.67
EBITDA	-11	3	29	42	70	103	131	166	190	205	201	193	186	205	215
EBITDA-CapEx	-29	-209	-187	42	70	103	131	166	190	205	201	193	186	205	215
Operating Income (Loss)	-11	-3	7	13	29	45	60	78	94	104	104	95	93	108	111

Liquidity (USD)

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	2009 Y	2010 Y	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
Cash Ratio	86.31	17.64	3.8	0.04	0.11	0.06	0.06	0.11	0.07	0.03	0.04	0.07	0.24	0.05	0.05
Current Ratio	86.59	18.64	5.94	0.25	0.44	0.24	0.27	0.44	0.38	0.33	0.64	1.04	1.46	0.64	0.58
Quick Ratio	86.59	18.06	5.67	0.21	0.39	0.2	0.25	0.41	0.33	0.3	0.59	0.94	1.32	0.57	0.54
CFO/Avg Current Liab	-0.61	0.49	2.48	0.36	0.38	0.53	0.54	0.85	0.9	0.77	0.94	1.2	2.12	1.71	1.17
Common Equity/Total Assets	-1.24	-2.77	-2.82	-4.09	-3.31	-4.37	-5.34	-6.23	-6.93	-8.54	-10.23	-10.1	-10.17	-10.52	-11.99
Long-Term Debt/Equity (%)	0.28	10.86	48.08	70.75	92.15	73.25	86.19	92.4	114.75	114.27	114.06	112.65	107.3	105.38	105.72
Long-Term Debt/Capital (%)	-28.98	143.58	109.95	80.46	94.39	86.02	90.39	95.52	96.49	98.84	107.65	111.47	116.56	110.57	116.7
Long-Term Debt/Total Assets (%)	0.28	9.14	31.19	34.71	45.17	38.09	42.37	45.65	50.2	49.79	50.57	50.77	50.06	48.57	48.4
Total Debt/Equity (%)	0.28	10.86	48.08	96.25	100.22	89.5	97.86	99.67	125.31	126.02	120.31	116.37	107.3	111.74	111.22
Total Debt/Capital (%)	-28.98	143.58	109.95	109.47	102.66	105.11	102.62	103.03	105.36	109	113.55	115.15	116.56	117.24	122.78
Total Debt/Total Assets (%)	0.28	9.14	31.19	47.22	49.13	46.54	48.1	49.24	54.82	54.91	53.34	52.45	50.06	51.5	50.92
CFO/Total Liabilities	-108	3.13	7.09	5.1	5.15	7.34	7.43	8.51	7.54	7.73	8.14	6.78	8.73	9.2	9.13
CFO/CapEx	-0.34	0.01	0.08	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	31.66	2.18	0.91	0.48	0.61	0.68	0.67	0.81	0.65	0.56	0.7	0.59	0.88	0.69	0.67

Working Capital (USD)

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	2009 Y	2010 Y	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
Accounts Receivable Turnover	- -	15.89	11.56	7.76	6.77	7.18	7.46	7.36	6.91	6.57	6.37	5.43	4.96	5.52	5.52
Days Sales Outstanding	- -	22.98	31.58	47.03	53.89	50.83	48.94	49.61	52.81	55.58	57.31	67.17	73.58	66.1	66.12
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	0.97	5.49	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	88,459.06	374.4	66.46	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	-88,459.06	-351.42	-34.88	47.03	53.89	50.83	48.94	49.61	52.81	55.58	57.31	67.17	73.58	66.1	66.12
Inventory to Cash Days	- -	22.98	31.58	47.03	53.89	50.83	48.94	49.61	52.81	55.58	57.31	67.17	73.58	66.1	66.12
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2009 Y	2010 Y	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
Market Capitalization	290	242	307	430	662	984	1,233	1,668	1,702	1,446	1,740	1,368	2,114	1,703	1,682
- Cash & Cash Equivalents	383	86	34	5	8	11	9	13	12	6	4	5	13	6	6
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	29	39	95	127	126	120	112	92	89	88	76
+ Total Debt	1	42	217	449	707	862	1,107	1,311	1,666	1,649	1,554	1,502	1,466	1,547	1,516
Enterprise Value	-92	199	489	875	1,390	1,874	2,426	3,094	3,482	3,209	3,403	2,958	3,656	3,333	3,268
Total Capital	-4	30	197	410	689	820	1,079	1,273	1,581	1,513	1,369	1,305	1,258	1,320	1,235
Total Debt/Capital (%)	-28.98	143.58	109.95	109.47	102.66	105.11	102.62	103.03	105.36	109	113.55	115.15	116.56	117.24	122.78
Total Debt / EV	-0.01	0.21	0.44	0.51	0.51	0.46	0.46	0.42	0.48	0.51	0.46	0.51	0.4	0.46	0.46
EV/Sales	- -	12.16	9.45	11.65	12.5	12.02	12.59	13.04	12.74	10.85	11.53	10.41	12.87	10.65	9.97
EV/EBITDA	- -	58.37	17.15	20.84	19.9	18.16	18.48	18.6	18.29	15.68	16.92	15.32	19.62	16.22	15.18
EV/EBIT	- -	- -	67.48	67.81	47.19	41.89	40.24	39.67	37.01	30.91	32.84	31.04	39.14	30.86	29.43
EV/Cash Flow to Firm	- -	75.53	20.8	24.23	25.94	20.19	20.02	19.91	19.35	16.63	17.56	17.78	18.86	16	14.81
EV/Free Cash Flow to Firm	- -	0.92	2.05	24.23	25.94	20.19	20.02	19.91	19.35	16.63	17.56	17.78	18.86	16	14.81
Diluted Market Cap	290	242	307	430	690	984	1,233	1,668	1,702	1,446	1,740	1,368	2,114	1,703	1,788
Diluted Enterprise Value	-92	199	489	875	1,418	1,874	2,426	3,094	3,482	3,209	3,403	2,958	3,656	3,333	3,374
EV per Share	- -	4.78	11.51	16.63	20.56	22.15	25.42	29.28	31.67	28.54	29.26	24.94	30.06	26.99	26.15
TTM Sales	- -	16	52	75	111	156	193	237	273	296	295	284	284	313	328
TTM EBITDA	-11	3	29	42	70	103	131	166	190	205	201	193	186	205	215
TTM Operating Income	-11	-3	7	13	29	45	60	78	94	104	104	95	93	108	111
TTM Cash Flow to Firm	-6	3	24	36	54	93	121	155	180	193	194	166	194	208	221
TTM Free Cash Flow to Firm	12	215	239	36	54	93	121	155	180	193	194	166	194	208	221

Multiples (USD)

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	2009 Y	2010 Y	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
Price/Free Cash Flow	24.43	1.13	1.32	17.41	18.27	15.09	14.19	14.56	13.2	11.05	13.18	12.83	15.5	11.43	12.13
EV/EBIT	- -	- -	67.48	67.81	47.19	41.89	40.24	39.67	37.01	30.91	32.84	31.04	39.14	30.86	29.43
Enterprise Value	-92	199	489	875	1,390	1,874	2,426	3,094	3,482	3,209	3,403	2,958	3,656	3,333	3,268
Low Price	9.15	9.34	9.62	11.53	12.6	13.85	15.3	16.9	17.87	15.44	15.45	5.84	12.79	13.35	10.99
EV/Sales	- -	12.16	9.45	11.65	12.5	12.02	12.59	13.04	12.74	10.85	11.53	10.41	12.87	10.65	9.97
EV/EBITDA	- -	58.37	17.15	20.84	19.9	18.16	18.48	18.6	18.29	15.68	16.92	15.32	19.62	16.22	15.18
Price/Earnings	- -	- -	31.76	54.53	19.58	48.46	51.68	50.94	44.23	33.84	35.62	42.74	39.5	32.83	48.72
Price/Earnings Average	-30.2	-595.39	28.6	51.05	18.09	43.74	48.41	48.23	43.62	37.65	34.65	37.86	34.15	36.14	45.55
Price/Earnings High	-58.63	-1,103.55	52.48	86.67	31.58	71.75	74.92	74.35	63.91	53	45.67	65.56	45	47.83	59.25
Price/Earnings Low	-48.59	-968.72	42.32	76.87	25.2	57.71	61.2	54.52	51.06	40.63	36.79	21.63	29.07	31.79	39.78
Price/Book Value	-58.11	-18.83	-15.64	-11.08	-13.91	-12.15	-10.03	-10.05	-8.09	-5.64	-5.84	-4.73	-7.1	-5.39	-4.71
Price/Book Value Average	-56.7	-18.54	-14.08	-10.37	-12.84	-10.97	-9.39	-9.52	-7.97	-6.27	-5.68	-4.19	-6.14	-5.93	-4.4
Price/Book Value High	-110.04	-34.36	-25.84	-17.61	-22.43	-17.99	-14.54	-14.68	-11.68	-8.83	-7.49	-7.25	-8.09	-7.85	-5.73
Price/Book Value Low	-91.21	-30.16	-20.83	-15.62	-17.9	-14.47	-11.88	-10.76	-9.33	-6.77	-6.03	-2.39	-5.22	-5.22	-3.85
Price/Tangible Book Value	0.73	0.65	0.73	1.01	1.02	1.1	1.16	1.35	1.36	1.17	1.41	1.1	1.61	1.28	1.27
Price/Tangible Book Value Average	0.71	0.64	0.66	0.95	0.94	1	1.09	1.28	1.35	1.3	1.37	0.98	1.39	1.41	1.19
Price/Tangible Book Value High	1.39	1.19	1.21	1.61	1.64	1.63	1.68	1.97	1.97	1.83	1.81	1.69	1.83	1.86	1.55
Price/Tangible Book Value Low	1.15	1.04	0.98	1.43	1.31	1.31	1.37	1.44	1.58	1.4	1.46	0.56	1.18	1.24	1.04
Price/Sales	6,339.72	14.85	5.93	5.73	5.95	6.31	6.4	7.03	6.23	4.89	5.9	4.82	7.44	5.44	5.13
Price/Sales Average	6,185.34	14.62	5.34	5.37	5.5	5.7	5.99	6.66	6.14	5.44	5.74	4.27	6.43	5.99	4.8
Price/Sales High	12,005.23	27.1	9.79	9.11	9.6	9.35	9.28	10.27	9	7.66	7.56	7.39	8.48	7.93	6.24
Price/Sales Low	9,949.99	23.78	7.9	8.08	7.66	7.52	7.58	7.53	7.19	5.87	6.09	2.44	5.47	5.27	4.19
Price/Cash Flow	-47.28	105.16	17.74	17.41	17.54	15.09	14.19	14.56	13.2	11.05	13.18	12.83	15.5	11.43	11.41
Price/Cash Flow Average	-46.12	103.55	15.98	16.3	16.2	13.62	13.29	13.78	13.02	12.29	12.82	11.36	13.4	12.58	10.67
Price/Cash Flow High	-89.52	191.92	29.32	27.67	28.28	22.34	20.57	21.25	19.07	17.3	16.89	19.68	17.66	16.65	13.87
Price/Cash Flow Low	-74.2	168.47	23.64	24.54	22.57	17.97	16.8	15.58	15.24	13.26	13.61	6.49	11.41	11.06	9.31
Price/Free Cash Flow Average	23.83	1.11	1.19	16.3	16.87	13.62	13.29	13.78	13.02	12.29	12.82	11.36	13.4	12.58	11.34
Price/Free Cash Flow High	46.26	2.06	2.18	27.67	29.46	22.34	20.57	21.25	19.07	17.3	16.89	19.68	17.66	16.65	14.75
Price/Free Cash Flow Low	38.34	1.81	1.76	24.54	23.51	17.97	16.8	15.58	15.24	13.26	13.61	6.49	11.41	11.06	9.9
EV/Sales Average	- -	11.93	8.86	11.28	12.05	11.41	12.19	12.67	12.66	11.4	11.37	9.86	11.86	11.2	9.64
EV/Sales High	3,650.33	24.41	13.32	15.03	16.15	15.06	15.47	16.28	15.51	13.62	13.2	12.98	13.9	13.14	11.08
EV/Sales Low	1,595.09	21.1	11.42	14	14.21	13.23	13.77	13.54	13.7	11.83	11.73	8.03	10.9	10.48	9.03
EV/EBITDA Average	8.93	57.27	16.08	20.19	19.18	17.23	17.89	18.07	18.17	16.47	16.68	14.51	18.08	17.05	14.67
EV/EBITDA High	-15.03	117.15	24.17	26.88	25.71	22.75	22.71	23.21	22.27	19.68	19.35	19.11	21.2	20.01	16.87
EV/EBITDA Low	-6.57	101.26	20.73	25.04	22.62	19.98	20.22	19.3	19.67	17.1	17.2	11.82	16.62	15.96	13.75
EV/EBIT Average	8.91	-72.78	63.28	65.68	45.48	39.74	38.94	38.53	36.76	32.47	32.39	29.4	36.07	32.45	28.44
EV/EBIT High	-14.99	-148.86	95.1	87.46	60.96	52.46	49.43	49.5	45.06	38.79	37.58	38.7	42.29	38.07	32.71
EV/EBIT Low	-6.55	-128.67	81.55	81.47	53.64	46.08	44	41.17	39.8	33.7	33.39	23.94	33.16	30.36	26.65
Last Price	5.83	5.83	7.22	8.18	9.79	11.63	12.92	15.79	15.48	12.86	14.96	11.54	17.38	13.79	13.46
High Price	11.04	10.64	11.93	13	15.79	17.22	18.73	23.05	22.37	20.14	19.18	17.7	19.8	20.09	16.37
Enterprise Value Average	-99	195	458	847	1,340	1,778	2,348	3,005	3,459	3,372	3,355	2,801	3,370	3,504	3,159
Enterprise Value High	167	399	689	1,128	1,796	2,347	2,981	3,861	4,239	4,028	3,893	3,688	3,950	4,111	3,632
Enterprise Value Low	73	345	591	1,051	1,580	2,062	2,653	3,211	3,745	3,499	3,460	2,282	3,098	3,279	2,960

	2009 Y	2010 Y	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
Shares Outstanding	42	42	49	53	72	93	100	109	112	114	116	118	123	125	127
Diluted Weighted Avg Shares	50	42	43	53	70	85	95	106	110	112	116	119	122	123	133
Basic Weighted Avg Shares	50	42	42	53	68	85	95	106	110	112	116	119	122	123	125
Revenue per Share	- -	0.39	1.22	1.43	1.64	1.84	2.02	2.24	2.49	2.63	2.54	2.4	2.34	2.53	2.62
EBITDA per Share	-0.22	0.08	0.67	0.8	1.03	1.22	1.38	1.57	1.73	1.82	1.73	1.63	1.53	1.66	1.72
Operating Income per Share	-0.22	-0.06	0.17	0.25	0.44	0.53	0.63	0.74	0.86	0.92	0.89	0.8	0.77	0.87	0.89
Basic EPS, GAAP	-0.19	-0.01	0.23	0.15	0.5	0.24	0.25	0.31	0.35	0.38	0.42	0.27	0.44	0.42	0.28
Basic EPS from Cont Ops	-0.19	-0.01	0.23	0.15	0.51	0.25	0.26	0.34	0.39	0.42	0.46	0.29	0.47	0.45	0.29
Diluted EPS, GAAP	-0.19	-0.01	0.23	0.15	0.48	0.24	0.25	0.31	0.35	0.38	0.42	0.27	0.44	0.42	0.26
Diluted EPS from Cont Ops	-0.19	-0.01	0.23	0.15	0.49	0.25	0.26	0.34	0.39	0.42	0.46	0.29	0.47	0.45	0.28
Dividend per Share	- -	0.18	0.38	0.51	0.63	0.63	0.69	0.72	0.75	0.79	0.78	0.2	0.33	0.74	0.45
Cash Flow per Share	-0.12	0.06	0.41	0.47	0.56	0.77	0.91	1.08	1.17	1.16	1.14	0.9	1.12	1.21	1.18
Free Cash Flow per Basic Share	-0.49	-5.05	-4.65	0.47	0.56	0.77	0.91	1.08	1.17	1.16	1.14	0.9	1.12	1.21	1.18
Cash & Equivalents per Share	7.71	2.07	0.81	0.09	0.12	0.13	0.09	0.12	0.11	0.05	0.03	0.04	0.11	0.05	0.05
Book Value per Share	-0.1	-0.31	-0.46	-0.74	-0.7	-0.96	-1.29	-1.57	-1.91	-2.28	-2.56	-2.44	-2.45	-2.56	-2.86
Tangible Book Value per Share	7.97	8.97	9.85	8.08	9.6	10.54	11.15	11.7	11.34	10.99	10.59	10.47	10.82	10.79	10.56

Retail Opportunity Investments Corp.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)