Gladstone Commercial Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10.81	10.96	11.99	11.65	7.96
Cash & Short-Term Investments	10.81	10.96	11.99	11.65	7.96
Cash Growth	-1.33%	-8.59%	2.85%	46.47%	-27.78%
Restricted Cash	11.12	9.49	11.67	13.16	12.53
Inventory	11.26	4.36	28.79	3.29	-
Other Current Assets	47.92	45.32	41.01	38.88	39.07
Total Current Assets	81.11	70.13	93.44	66.99	59.55
Net Property, Plant & Equipment	1,038	896.11	926.59	1,006	963.95
Other Intangible Assets	115.58	95.11	101.05	111.62	114.49
Long-Term Investments	-	18.62	-	-	-
Other Long-Term Assets	12.73	14.39	12.39	17.75	5.36
Total Assets	1,247	1,094	1,133	1,203	1,143
Accounts Payable	10.96	13.2	13.59	9.61	6.74
Accrued Expenses	3.22	2.54	2.56	3.36	3.43
Short-Term Debt	37.37	1.9	75.75	23.25	33.55
Other Current Liabilities	0.4	-	0.68	-	-
Total Current Liabilities	51.95	17.64	92.57	36.21	43.72
Long-Term Debt	806.1	691.49	663.11	725.96	673.98
Long-Term Leases	6.78	4.06	5.09	5.31	5.51
Other Long-Term Liabilities	40.18	39.82	48.39	59.41	47.33
Total Long-Term Liabilities	853.05	735.37	716.59	790.67	726.81
Total Liabilities	905	753.01	809.16	826.88	770.53
Preferred Stock	0	0	0	0	-
Common Stock	0.05	0.05	0.04	0.04	0.04
Additional Paid-in Capital	841.57	784.39	730.26	721.33	671.13
Accumulated Other Comprehensive Income	3.31	10.65	7.76	11.64	-1.35
Retained Earnings	-673.17	-623.91	-584.78	-529.1	-468.52
Total Common Shareholders' Equity	171.77	171.17	153.28	203.9	201.3
Minority Interest	170.16	170.17	171.03	171.85	171.52
Shareholders' Equity	341.93	341.34	324.31	375.75	372.82
Total Liabilities & Equity	1,247	1,094	1,133	1,203	1,143
Total Debt	850.25	697.45	743.95	754.51	713.04
Net Cash (Debt)	-839.44	-686.49	-731.97	-742.86	-705.08
Net Cash Per Share	-17.90	-16.25	-18.32	-	-
Book Value	171.77	171.17	153.28	203.9	201.3
Book Value Per Share	3.66	4.05	3.84	-	-
Tangible Book Value	56.19	76.06	52.23	92.28	86.81
Tangible Book Value Per Share	1.20	1.80	1.31	-	-

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q