Ladder Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	49.43	1,323	1,016	609.08	548.74	1,254
Long-Term Investments	1,959	1,111	537.23	593.74	726.43	1,105
Trading Asset Securities	0.28	0.44	1.45	2.04	0.4	0.3
Loans & Lease Receivables	1,868	1,539	3,112	3,865	3,522	2,313
Other Receivables	17.29	15.54	25.33	26.24	14.05	16.59
Property, Plant & Equipment	665.26	636.49	665.39	635.17	790.86	894.14
Other Intangible Assets	54.25	50.62	61.05	64.96	74.84	91.16
Restricted Cash	13.48	12.61	15.45	50.52	72.8	29.85
Other Current Assets	-	-	-	-	25.18	-
Long-Term Deferred Charges	10.3	9.2	4	5	2.9	5.8
Other Long-Term Assets	20.8	120.1	48.3	72.04	73.07	141.33
Total Assets	4,687	4,845	5,513	5,951	5,851	5,881
Accrued Expenses	55.45	74.82	65.14	65.83	40.25	43.18
Current Portion of Long-Term Debt	376.03	62.74	374.67	481.46	374.26	671.34
Current Portion of Leases	0.87	4.42	-	-	-	-
Long-Term Debt	2,621	3,073	3,409	3,764	3,845	3,539
Long-Term Leases	14.02	13.44	-	-	-	-
Other Current Liabilities	31.36	31.84	32.29	34.4	27.59	28.24
Long-Term Deferred Tax Liabilities	6.3	4.6	3	1.8	2.3	2
Other Long-Term Liabilities	87.9	47.39	96.1	69.89	47.79	49.53
Total Liabilities	3,193	3,312	3,980	4,418	4,338	4,333
Common Stock	0.13	0.13	0.13	0.13	0.13	0.13
Additional Paid-In Capital	1,784	1,777	1,757	1,827	1,795	1,780
Retained Earnings	-246.69	-206.87	-197.88	-177.01	-207.8	-163.72
Comprehensive Income & Other	-3.34	-4.87	-13.85	-21.01	-4.11	-10.46
Total Common Equity	1,496	1,535	1,533	1,533	1,507	1,543
Minority Interest	-2.57	-2.09	-0.95	0.22	6.48	5.26
Shareholders' Equity	1,493	1,533	1,532	1,534	1,514	1,548
Total Liabilities & Equity	4,687	4,845	5,513	5,951	5,851	5,881
Total Debt	3,012	3,153	3,784	4,246	4,220	4,210
Net Cash (Debt)	-2,962	-1,830	-2,767	-3,635	-3,671	-2,955
Net Cash Per Share	-23.49	-14.55	-22.16	-28.89	-29.47	-26.29
Filing Date Shares Outstanding	127.32	127.11	126.62	126.5	126.62	126.35
Total Common Shares Outstanding	127.32	127.11	126.91	126.5	125.45	126.38
Working Capital	1,513	2,744	3,725	3,999	3,741	2,901
Book Value Per Share	11.75	12.08	12.08	12.12	12.01	12.21
Tangible Book Value	1,442	1,484	1,472	1,468	1,432	1,452
Tangible Book Value Per Share	11.32	11.68	11.60	11.61	11.42	11.49

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.