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AEI Income & Growth Fund XXI LTD Partnership

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

10 Aug 22
12 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 105.8K 105.8K 105.8K 105.8K 105.8K 105.8K
Cash burn (monthly) 1.32M 101.72K (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 1.9M 145.59K n/a n/a n/a n/a
Cash remaining -1.79M -39.79K n/a n/a n/a n/a
Runway (months of cash) -1.4 -0.4 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Financial report summary

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Management Discussion
  • For the six months ended June 30, 2022 and 2021, the Partnership recognized rental income of $400,599 and $391,004, respectively. In 2022, rental income increased due to the purchase of two properties in 2022 and one property in 2021, which was partially offset by the sale of one property in 2022. Based on the scheduled rent for the properties owned as of July 31, 2022, the Partnership expects to recognize rental income of approximately $883,000 in 2022.
  • The Partnership owned a 30% interest in the Gander Mountain store in Champaign, Illinois. The remaining interests in the property were owned by affiliates of the Partnership. On March 10, 2017, Gander Mountain Company filed for Chapter 11 reorganization and announced it was closing the store, following a liquidation sale of its onsite assets. In June 2017, the tenant filed a motion with the bankruptcy court to reject the lease for this store effective June 30, 2017. At this time, the tenant returned possession of the property to the owners and the Partnership became responsible for its 30% share of real estate taxes and other costs associated with maintaining the property. The tenant paid rent through June 2017.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg