SITE Centers Corp.

SITC-PA

SITC-PASITE Centers Corp. US flag

New York Stock Exchange

11.40

USD

-0.15

- -

372.97MMarket Cap

Income Statement (USD)

API Chat

	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
Sales/Revenue/Turnover	797	742	714	707	830	986	1,028	1,006	913	700	507	460	533	552	546
+ Sales & Services Revenue	797	742	714	707	830	986	1,028	1,006	913	700	507	460	533	552	546
- Cost of Revenue	238	222	215	208	239	281	294	292	264	208	140	138	153	170	166
+ Cost of Goods & Services	238	222	215	208	239	281	294	292	264	208	140	138	153	170	166
Gross Profit	560	520	499	499	591	705	734	714	649	492	367	322	380	382	381
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	312	288	290	296	376	487	475	451	423	304	223	224	241	250	263
+ Selling, General & Admin	94	86	85	76	80	84	73	61	77	62	58	53	55	47	51
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	218	203	205	220	297	403	402	390	346	242	165	171	186	204	212
Operating Income (Loss)	248	231	209	202	215	217	259	263	226	189	144	98	139	132	117
- Non-Operating (Income) Loss	476	346	213	173	191	194	491	200	457	72	41	61	12	-37	-151
+ Interest Expense, Net	209	202	203	182	191	221	213	181	160	121	67	66	76	78	82
+ Interest Expense	221	210	213	198	214	237	242	218	189	141	85	78	76	78	82
- Interest Income	12	7	10	16	24	16	29	37	28	20	18	12	- -	- -	- -
+ Other Non-Op (Income) Loss	267	143	10	-9	- -	-27	278	20	297	-49	-25	-5	-64	-115	-233
Pretax Income	-229	-114	-5	29	24	23	-232	63	-231	117	102	38	127	170	268
- Income Tax Expense (Benefit)	-1	48	1	1	3	2	6	2	12	1	1	1	2	1	2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-228	-162	-6	28	21	21	-238	61	-243	116	102	37	125	169	266
- Net Extraordinary Losses (Gains)	81	9	7	54	32	-100	-164	2	-3	3	2	2	1	- -	- -
+ Discontinued Operations	-185	-85	-14	-54	-31	92	168	73	161	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	266	94	21	108	63	-192	-331	-71	-164	3	2	2	1	- -	- -
Income (Loss) Incl. MI	-310	-171	-12	-26	-11	121	-74	59	-240	113	100	35	124	169	266
- Minority Interest	47	38	4	- -	-1	4	-2	-1	1	-2	-1	-1	- -	- -	- -
Net Income, GAAP	-357	-209	-16	-26	-10	117	-72	60	-242	114	101	36	125	169	266
- Preferred Dividends	42	42	32	29	28	24	22	22	29	34	32	21	14	11	11
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-399	-252	-47	-54	-38	93	-95	38	-270	81	68	15	111	158	255
EBIT	248	231	209	202	215	217	259	263	226	189	144	98	139	132	117
EBITDA	493	459	439	454	539	636	661	653	572	431	309	269	325	336	330
EBITDA Margin (%)	61.76	61.83	61.51	64.15	64.92	64.56	64.29	64.89	62.68	61.5	60.95	58.45	61	60.8	60.35
EBITA	248	231	209	202	215	217	259	263	226	189	144	98	139	132	117
Gross Margin (%)	70.21	70.07	69.94	70.55	71.18	71.48	71.43	70.96	71.12	70.3	72.46	69.93	71.33	69.23	69.66
Operating Margin (%)	31.06	31.19	29.24	28.64	25.86	22.04	25.19	26.16	24.76	26.93	28.39	21.37	26.13	23.94	21.46
Profit Margin (%)	-44.72	-28.22	-2.22	-3.65	-1.23	11.9	-7.02	5.97	-26.47	16.34	19.86	7.76	23.45	30.55	48.64
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	245	227	230	251	324	419	402	390	346	242	165	171	186	204	212
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

API Chat

	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 Current Assets	377	312	301	273	351	244	241	243	298	110	97	159	116	103	667
+ Cash, Cash Equivalents & STI	26	19	41	31	87	21	22	30	93	11	16	70	42	20	552
+ Cash & Cash Equivalents	26	19	41	31	87	21	22	30	93	11	16	70	42	20	552
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	222	244	211	195	208	189	172	171	187	87	68	74	61	72	90
+ Accounts Receivable, Net	147	123	117	126	130	133	129	121	109	67	61	74	61	64	66
+ Notes Receivable, Net	75	120	9	8	6	4	43	50	20	20	8	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	84	60	72	52	42	- -	- -	- -	- -	- -	- -	- -	13
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	-42	- -	59	- -	- -	- -	- -	8	11
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	129	49	48	47	56	34	47	42	18	12	13	16	13	11	25
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	8,050	7,456	7,169	7,783	9,342	9,276	8,856	7,955	6,873	4,096	3,996	3,949	3,851	3,942	3,394
+ Property, Plant & Equip, Net	7,490	6,959	6,719	- -	- -	- -	- -	- -	- -	- -	22	21	19	18	17
+ Property, Plant & Equip	8,823	8,411	8,269	- -	- -	- -	- -	- -	- -	- -	22	21	19	18	17
- Accumulated Depreciation	1,333	1,452	1,550	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	421	417	354	613	448	415	468	454	384	554	485	267	65	45	39
+ LT Investments	421	417	354	613	448	415	468	454	384	554	485	267	65	45	39
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	139	79	96	7,170	8,894	8,861	8,389	7,500	6,489	3,542	3,490	3,661	3,767	3,879	3,337
+ Total Intangible Assets	- -	- -	48	129	410	389	311	242	182	77	58	90	94	88	69
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	48	129	410	389	311	242	182	77	58	90	94	88	69
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	139	79	48	7,041	8,485	8,472	8,078	7,259	6,306	3,465	3,432	3,571	3,673	3,791	3,268
Total Assets	8,427	7,768	7,469	8,056	9,693	9,519	9,097	8,198	7,170	4,206	4,094	4,108	3,967	4,045	4,061
+ Payables & Accruals	141	140	287	370	471	510	494	458	423	249	265	230	247	245	260
+ Accounts Payable	130	128	258	326	415	448	425	382	345	204	221	215	219	215	196
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	11	12	29	44	55	61	69	75	79	45	44	15	28	30	64
+ ST Debt	- -	- -	142	148	29	29	210	- -	- -	100	5	135	- -	- -	- -
+ ST Borrowings	- -	- -	142	148	29	29	210	- -	- -	100	5	135	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	154	192	-142	-148	-29	-29	-210	- -	- -	-100	-5	-135	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	154	192	-142	-148	-29	-29	-210	- -	- -	-100	-5	-135	- -	- -	- -
Total Current Liabilities	296	331	287	370	471	510	494	458	423	249	265	230	247	245	260
+ LT Debt	5,179	4,302	4,105	4,319	5,295	5,212	5,140	4,494	3,849	1,884	1,847	1,934	1,677	1,707	1,626
+ LT Borrowings	5,179	4,302	4,105	4,319	5,295	5,212	5,140	4,494	3,849	1,884	1,847	1,934	1,677	1,707	1,626
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	5,179	4,302	4,105	4,319	5,295	5,212	5,140	4,494	3,849	1,884	1,847	1,934	1,677	1,707	1,626
Total Liabilities	5,474	4,633	4,392	4,689	5,765	5,722	5,634	4,952	4,273	2,133	2,112	2,163	1,924	1,952	1,886
+ Preferred Equity and Hybrid Capital	555	555	375	405	405	350	350	350	525	525	325	325	175	175	175
+ Share Capital & APIC	3,395	3,895	4,167	4,661	5,453	5,475	5,503	5,524	5,550	5,563	5,720	5,725	5,955	5,996	5,996
+ Common Stock	20	26	28	32	36	36	37	37	18	18	19	19	21	21	21
+ Additional Paid in Capital	3,375	3,869	4,139	4,629	5,417	5,439	5,467	5,487	5,531	5,544	5,700	5,705	5,934	5,974	5,975
- Treasury Stock	16	15	15	16	18	17	15	15	8	44	8	11	5	52	72
+ Retained Earnings	-1,099	-1,378	-1,493	-1,695	-1,916	-2,047	-2,392	-2,632	-3,183	-3,980	-4,066	-4,100	-4,093	-4,046	-3,935
+ Other Equity	10	26	-1	-28	-36	-7	-6	-4	-1	-1	- -	-3	- -	9	6
Equity Before Minority Interest	2,863	3,097	3,046	3,342	3,905	3,770	3,455	3,238	2,891	2,070	1,978	1,942	2,037	2,087	2,176
+ Minority/Non Controlling Interest	90	38	32	24	23	27	8	8	7	3	3	3	6	6	- -
Total Equity	2,952	3,135	3,078	3,366	3,928	3,798	3,463	3,246	2,897	2,073	1,981	1,945	2,043	2,093	2,176
Total Liabilities & Equity	8,427	7,768	7,469	8,056	9,693	9,519	9,097	8,198	7,170	4,206	4,094	4,108	3,967	4,045	4,061
Shares Outstanding	25	32	43	47	47	45	46	46	46	45	48	48	53	53	52
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	5,152	4,283	4,206	4,436	5,237	5,220	5,327	4,464	3,757	1,973	1,836	1,999	1,636	1,687	1,074
Net Debt to Equity	174.52	136.62	136.65	131.77	133.33	137.47	153.81	137.51	129.66	95.19	92.67	102.77	80.07	80.61	49.38
Tangible Common Equity Ratio	28.45	33.21	35.78	35.73	33.54	33.5	31.9	33.36	31.34	35.62	39.61	38.07	45.79	46.24	48.38
Current Ratio	1.27	0.94	1.05	0.74	0.75	0.48	0.49	0.53	0.7	0.44	0.37	0.69	0.47	0.42	2.57
Cash Conversion Cycle	-158.82	-145.72	-266.35	-448.73	-509.5	-512.13	-496.43	-459.18	-457.12	-435.35	-508.63	-521.65	-472.07	-424.3	-409.02

Cash Flow Statement (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
+ Net Income	-404	-248	-19	-25	-9	114	-70	61	-243	116	102	37	125	169	266
+ Depreciation & Amortization	245	227	230	251	324	419	402	390	346	242	165	171	186	204	212
+ Non-Cash Items	423	221	55	72	74	-105	130	41	328	-97	2	7	-42	-107	-219
+ Stock-Based Compensation	20	6	7	8	8	10	8	8	11	7	10	9	14	7	8
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	345	172	134	157	74	69	281	111	346	69	3	5	7	3	- -
+ Other Non-Cash Adj	58	42	-86	-93	-8	-184	-159	-78	-29	-173	-11	-7	-63	-117	-227
+ Chg in Non-Cash Work Cap	-36	78	7	6	-15	-8	-28	-31	-21	2	1	-24	14	-8	-21
+ (Inc) Dec in Accts Receiv	4	18	6	-6	-9	-11	-11	-8	- -	-2	6	-8	16	-6	-7
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-12	4	2	3	-19	15	- -	-10	-4	11	-5	-8	-3	- -	-3
+ Inc (Dec) in Other	-28	55	- -	9	13	-12	-17	-13	-17	-7	- -	-9	1	-2	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	229	278	273	304	374	420	433	461	410	263	270	190	283	257	239
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	348	156	344	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	348	156	344	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-209	-164	-218	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-209	-164	-218	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	314	440	123	492	788	12	- -	- -	- -	-37	181	-8	225	-6	-28
+ Increase in Capital Stock	314	440	130	492	788	12	- -	- -	- -	- -	195	- -	225	37	- -
+ Decrease in Capital Stock	- -	- -	-7	- -	- -	- -	- -	- -	- -	-37	-14	-8	- -	-42	-28
+ Net Change in LT Investment	-2	-63	- -	- -	-2	3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	-2	-63	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-1	-8	2	-43	-14	-12	1	-7	-69	-59	-64	139	-5	39	3
+ Cash from Divestitures	27	22	9	12	7	10	7	- -	- -	- -	- -	140	- -	39	3
+ Cash for Acq of Subs	-28	-30	-8	-55	-21	-22	-6	-7	-69	-59	-64	-1	-5	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	14	111	73	-545	-882	162	-56	480	548	878	54	-37	79	-207	557
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	151	32	201	-588	-898	153	-55	473	479	818	-10	102	74	-168	560
+ Dividends Paid	-54	-61	-76	-155	-194	-241	-265	-294	-306	-281	-181	-98	-100	-120	-121
+ Net Cash From Debt	-629	-678	-363	-67	1	-344	-105	-645	-710	-763	-47	-128	-350	29	-81
+ Cash From Debt	994	957	482	1,158	638	151	1,467	- -	791	1,450	50	130	- -	100	100
+ Repayments of Debt	-1,623	-1,636	-846	-1,226	-637	-495	-1,572	-645	-1,501	-2,213	-97	-258	-350	-71	-181
+ Other Financing Activities	-12	-18	-136	5	-15	-66	-9	12	182	-82	-207	-3	-163	-15	-20
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-381	-317	-452	275	579	-639	-379	-927	-834	-1,163	-254	-237	-388	-112	-251
Effect of Foreign Exchange Rates	-2	- -	- -	-1	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-2	-7	22	-9	55	-65	- -	7	55	-81	5	55	-31	-22	548
EBITDA	493	459	439	454	539	636	661	653	572	431	309	269	325	336	330
EBITDA Margin (%)	61.76	61.83	61.51	64.15	64.92	64.56	64.29	64.89	62.68	61.5	60.95	58.45	61	60.8	60.35
Free Cash Flow	20	114	55	304	374	420	433	461	410	263	270	190	283	257	239
Net Cash Paid for Acquisitions	1	8	-2	43	14	12	-1	7	69	59	64	-139	5	-39	-3
Free Cash Flow to Firm	- -	- -	- -	494	564	638	- -	672	- -	404	354	265	358	335	320
Free Cash Flow to Equity	-303	-451	-175	238	347	-3	306	-207	-153	-533	-9	41	-231	275	146
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	-0.64	-1.33	-17.23	-11.78	-36.75	3.58	-6.01	7.68	-1.7	2.3	2.68	5.32	2.26	1.52	0.9
Capital Expenditures	-209	-164	-218	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -