Highwoods Properties, Inc. (HIW)

Highwoods Properties Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	4,600	4,766	4,896	4,817	4,290
Total Real Estate Assets	4,821	4,994	5,127	5,032	4,421
Cash & Equivalents	22.41	25.12	21.36	23.15	109.32
Accounts Receivable	337.14	338.74	319.16	282.33	283.17
Restricted Cash	11.27	6.45	4.75	8.05	79.92
Other Current Assets	128.14	62.83	65.53	79.2	74.25
Deferred Long-Term Charges	209.97	225.92	252.83	258.9	213.03
Other Long-Term Assets	488.02	345.54	271.79	10.25	27.1
Total Assets	6,029	6,003	6,063	5,695	5,209
Current Portion of Leases	2.07	-	-	-	-
Long-Term Debt	3,294	3,213	3,197	2,789	2,471
Long-Term Leases	79.82	-	-	-	-
Accounts Payable	204.18	279.46	273.18	263.33	239.4
Other Current Liabilities	2.73	-	-	-	-
Other Long-Term Liabilities	15.76	22.72	28.01	31.59	28.48
Total Liabilities	3,598	3,515	3,498	3,084	2,739
Preferred Stock, Redeemable	28.81	28.81	28.82	28.82	28.83
Common Stock	1.08	1.06	1.05	1.05	1.04
Additional Paid-In Capital	3,144	3,103	3,081	3,028	2,994
Distributions in Excess of Earnings	-810.61	-698.02	-633.23	-579.62	-686.23
Comprehensive Income & Other	-2.25	-2	-1.21	-0.97	-1.46
Total Common Equity	2,332	2,404	2,448	2,448	2,307
Minority Interest	70.08	54.25	88.21	134.11	134.55
Shareholders' Equity	2,431	2,488	2,565	2,611	2,471
Total Liabilities & Equity	6,029	6,003	6,063	5,695	5,209
Total Debt	3,375	3,213	3,197	2,789	2,471
Net Cash / Debt	-3,353	-3,188	-3,176	-2,766	-2,362
Net Cash Per Share	-30.96	-29.58	-29.52	-25.83	-22.13
Filing Date Shares Outstanding	107.62	105.71	105.21	104.89	103.92
Total Common Shares Outstanding	107.62	105.71	105.21	104.89	103.92
Book Value Per Share	21.67	22.75	23.27	23.34	22.20
Tangible Book Value	2,332	2,404	2,448	2,448	2,307
Tangible Book Value Per Share	21.67	22.75	23.27	23.34	22.20
Land	570.29	540.05	548.72	549.23	466.87
Buildings	5,827	5,961	5,910	5,718	4,982
Construction In Progress	-	8.92	46.74	6.89	259.68

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q