Redwood Trust 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	226.32	245.17	293.1	258.89	450.49	461.26
Long-Term Investments	763.8	961.47	758.76	631.87	485.4	326.33
Trading Asset Securities	232.49	239.75	54.64	129.16	197.09	178.91
Loans & Lease Receivables	16,154	14,839	11,605	10,225	10,653	8,456
Other Receivables	181.68	185.63	136.37	100.92	130.32	82.62
Property, Plant & Equipment	15.54	13.84	20.36	28.79	27.79	19.22
Goodwill	23.37	23.37	23.37	23.37	-	-
Other Intangible Assets	43.19	50.64	53.34	66.31	54	65.68
Restricted Cash	103.87	67.76	75.68	70.47	81	83.19
Other Current Assets	73.08	28.31	33.41	13.8	7.27	5.94
Long-Term Deferred Tax Assets	27.15	27.15	40.12	41.93	20.87	0.87
Other Long-Term Assets	269.39	325.75	318.94	295.06	395.8	253.44
Total Assets	22,601	18,258	14,504	13,031	14,707	10,355
Non-Interest Bearing Deposits	10.84	6.8	4.99	4.23	8.27	-
Total Deposits	10.84	6.8	4.99	4.23	8.27	-
Accrued Expenses	138.87	116.06	86.42	83.28	118.31	64.76
Short-Term Debt	67.95	23.66	33.83	2,047	2,181	439.49
Current Portion of Long-Term Debt	2,739	-	-	-	-	99.19
Current Portion of Leases	-	3.71	-	-	-	-
Long-Term Debt	18,432	16,733	13,051	9,720	10,894	8,526
Long-Term Leases	11.6	7.32	14.73	18.56	20.96	16.69
Current Income Taxes Payable	13.52	-	-	-	-	5.61
Other Current Liabilities	33.89	22.49	2.41	9.25	27.48	20.44
Other Long-Term Liabilities	152.83	155.88	106.78	64.88	70.77	71.84
Total Liabilities	21,600	17,069	13,300	11,947	13,321	9,244
Common Stock	1.27	1.33	1.32	1.14	1.15	1.12
Additional Paid-In Capital	2,478	2,504	2,488	2,350	2,317	2,265
Retained Earnings	-1,512	-1,341	-1,295	-1,198	-922.93	-1,151
Comprehensive Income & Other	-35.7	-43.07	-57.96	-68.87	-8.93	-4.22
Total Common Equity	932.07	1,121	1,136	1,084	1,386	1,111
Shareholders' Equity	1,000	1,189	1,204	1,084	1,386	1,111
Total Liabilities & Equity	22,601	18,258	14,504	13,031	14,707	10,355
Total Debt	21,250	16,768	13,100	11,785	13,096	9,082
Net Cash (Debt)	-20,792	-16,283	-12,752	-11,397	-12,448	-8,441
Net Cash Per Share	-157.80	-123.22	-109.66	-97.22	-87.62	-74.09
Filing Date Shares Outstanding	126.68	132.86	131.58	113.59	120.17	112.09
Total Common Shares Outstanding	126.75	132.52	131.49	113.48	114.89	112.09
Working Capital	18,454	16,683	13,162	9,800	11,388	9,060
Book Value Per Share	7.35	8.46	8.64	9.55	12.06	9.91
Tangible Book Value	896.06	1,078	1,084	1,020	1,345	1,054
Tangible Book Value Per Share	7.07	8.14	8.24	8.99	11.70	9.40

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