Armada Hoffler Properties, Inc. (AHH)

Armada Hoffler Properties Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	1,914	1,916	1,677	1,516	1,547	1,434
Total Real Estate Assets	1,925	1,928	1,683	1,522	1,560	1,439
Cash & Equivalents	43.85	27.92	48.14	35.25	41	39.23
Accounts Receivable	157.91	172.08	110.35	47.68	67.13	60.08
Other Intangible Assets	97.7	109.14	103.87	62.04	58.15	68.7
Loans Receivable Current	117.8	94.17	136.04	126.43	135.43	159.37
Restricted Cash	1.87	2.25	3.73	5.2	9.43	4.35
Other Current Assets	-	33.01	30.52	99.1	12.71	13.65
Trading Asset Securities	12.25	28.86	29.12	2.93	0.09	0.03
Deferred Long-Term Charges	-	25.68	25.73	24.66	31.69	20.68
Other Long-Term Assets	204.81	142.03	71.98	12.69	1.08	-
Total Assets	2,561	2,563	2,242	1,938	1,917	1,805
Current Portion of Long-Term Debt	99.59	60.21	-	-	-	-
Current Portion of Leases	-	5.42	-	-	-	-
Long-Term Debt	1,223	1,331	1,062	921.02	978.7	958.26
Long-Term Leases	129.98	124.11	84.29	77.81	59.61	59.38
Accounts Payable	44.8	31.04	26.84	29.59	23.9	17.8
Other Current Liabilities	-	19.93	19.78	58.61	11.75	17.48
Long-Term Unearned Revenue	11.88	34.18	28.45	16.18	15.16	13.91
Other Long-Term Liabilities	170.01	152.21	116.82	55.04	71.05	82.63
Total Liabilities	1,680	1,758	1,338	1,158	1,160	1,149
Preferred Stock, Convertible	171.09	171.09	171.09	171.09	171.09	63.25
Common Stock	0.8	0.67	0.68	0.63	0.59	0.56
Additional Paid-In Capital	713.81	580.69	587.88	525.03	472.75	455.68
Distributions in Excess of Earnings	-222.84	-184.72	-126.88	-141.36	-112.36	-106.68
Comprehensive Income & Other	1	4.91	14.68	-0.03	-8.87	-4.24
Total Common Equity	492.77	401.54	476.37	384.27	352.11	345.33
Minority Interest	217.64	232.56	256.56	224.47	233.6	246.87
Shareholders' Equity	881.49	805.18	904.01	779.82	756.8	655.45
Total Liabilities & Equity	2,561	2,563	2,242	1,938	1,917	1,805
Total Debt	1,453	1,520	1,146	998.83	1,038	1,018
Net Cash / Debt	-1,397	-1,464	-1,069	-960.66	-997.22	-978.38
Net Cash Per Share	-20.69	-21.62	-15.82	-15.84	-17.40	-18.42
Filing Date Shares Outstanding	79.69	66.79	67.71	67.32	59.3	56.37
Total Common Shares Outstanding	79.7	66.79	67.73	63.01	59.07	56.28
Book Value Per Share	6.18	6.01	7.03	6.10	5.96	6.14
Tangible Book Value	395.07	292.4	372.5	322.23	293.96	276.63
Tangible Book Value Per Share	4.96	4.38	5.50	5.11	4.98	4.92
Land	-	279.14	285.03	256.73	261.98	263.26
Buildings	-	1,741	1,528	1,336	1,358	1,139
Construction In Progress	33.71	102.28	53.07	72.54	63.37	140.6

Source: S&P Capital IQ. Real Estate template. Financial Sources.