Starwood Property 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	301.14	377.83	194.66	261.06	217.36	563.22
Long-Term Investments	2,202	2,706	2,839	2,669	1,991	844.71
Trading Asset Securities	37.31	175.52	63.44	108.62	48.22	40.56
Loans & Lease Receivables	18,319	15,437	17,574	18,401	15,537	11,087
Other Receivables	167.57	167.77	200.87	168.52	116.26	95.98
Property, Plant & Equipment	3,334	1,374	1,046	1,450	1,166	2,271
Goodwill	259.85	259.85	259.85	259.85	259.85	259.85
Other Intangible Assets	429.82	60.7	64.97	68.77	63.56	70.12
Restricted Cash	237.97	176.16	117.31	121.07	104.55	158.95
Other Current Assets	-	-	290.94	-	-	-
Long-Term Deferred Tax Assets	-	37.06	58.79	57.58	-	2.91
Other Long-Term Assets	34,584	39,269	44,148	52,693	61,469	64,426
Total Assets	62,434	62,556	69,504	79,043	83,850	80,874
Accounts Payable	469.12	367.51	282.51	289.13	176.77	200.78
Accrued Expenses	25.1	38.96	44.82	41.19	76.37	39.17
Short-Term Debt	93.57	94.89	102.47	91.4	13.42	41.32
Current Portion of Long-Term Debt	1,481	250	400	550	-	-
Current Portion of Leases	-	5.36	-	-	-	-
Long-Term Debt	19,950	17,093	19,118	19,957	17,022	12,809
Long-Term Leases	-	30.2	-	-	-	-
Other Current Liabilities	180.11	163.38	346.58	151.51	147.62	137.96
Long-Term Deferred Tax Liabilities	-	-	-	-	6.09	-
Other Long-Term Liabilities	32,663	37,320	42,187	50,764	59,760	62,782
Total Liabilities	54,862	55,363	62,481	71,844	77,202	76,011
Common Stock	3.78	3.45	3.21	3.18	3.12	2.92
Additional Paid-In Capital	6,944	6,323	5,865	5,807	5,673	5,210
Retained Earnings	42.58	235.32	505.88	769.24	493.11	-629.73
Comprehensive Income & Other	11.94	13.59	15.35	20.96	40.95	43.99
Total Common Equity	6,864	6,437	6,251	6,462	6,073	4,489
Minority Interest	707.73	756.37	771.89	736.27	576.27	373.68
Shareholders' Equity	7,572	7,193	7,023	7,199	6,649	4,863
Total Liabilities & Equity	62,434	62,556	69,504	79,043	83,850	80,874
Total Debt	21,524	17,473	19,621	20,598	17,035	12,851
Net Cash (Debt)	-21,186	-16,920	-19,363	-20,229	-16,769	-12,247
Net Cash Per Share	-61.89	-52.78	-62.36	-64.07	-56.50	-43.35
Filing Date Shares Outstanding	370.33	337.42	313.38	310.65	304.83	285.45
Total Common Shares Outstanding	370.32	337.41	313.37	310.68	304.82	284.64
Working Capital	19,375	17,930	19,911	20,722	18,486	12,579
Book Value Per Share	18.54	19.08	19.95	20.80	19.92	15.77
Tangible Book Value	6,202	6,139	5,946	6,152	5,766	4,172
Tangible Book Value Per Share	16.75	18.19	18.97	19.80	18.92	14.66

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