Modiv Industrial 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
Property, Plant & Equipment	471.52	438.22	468.77	403.92	285.65	315.36
Cash & Equivalents	8.26	11.53	3.13	8.61	55.97	8.25
Accounts Receivable	22.13	18.46	12.8	9.83	10.23	9.01
Other Receivables	-	-	-	-	0.68	0.02
Investment In Debt and Equity Securities	-	-	11.04	-	-	-
Goodwill	-	-	-	-	17.32	17.32
Other Intangible Assets	-45.01	5.23	6.31	8.63	11.19	20.04
Restricted Cash	1.68	-	-	-	2.44	0.13
Other Current Assets	29.46	23.99	14.46	7.69	34.97	27.3
Trading Asset Securities	0.96	-	2.97	4.63	-	-
Deferred Long-Term Charges	0.06	0.08	0.75	1.12	0.1	0.02
Other Long-Term Assets	10.51	10.32	10.68	10.01	9.94	10
Total Assets	499.57	507.83	530.9	454.43	428.49	407.45
Current Portion of Long-Term Debt	0.14	0.56	-	-	-	-
Long-Term Debt	279.6	279.22	280.01	192.95	174.71	186.76
Accounts Payable	0.43	0.37	0.56	1	1.77	1.14
Accrued Expenses	1.23	1.04	1.56	2.45	4.41	3.7
Other Current Liabilities	2.27	1.1	12.42	1.89	2.18	1.51
Long-Term Unearned Revenue	1.45	2.03	2.08	1.87	1.74	2.03
Other Long-Term Liabilities	9.65	9.47	9.14	10.24	13.24	22.92
Total Liabilities	294.77	293.78	305.77	213.4	206.06	224.57
Preferred Stock, Convertible	0	0	0	0	0	-
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	336.29	349.48	292.62	278.34	273.44	224.29
Distributions in Excess of Earnings	-165.5	-154.07	-145.55	-117.94	-101.62	-92.01
Treasury Stock	-7.11	-7.11	-5.29	-4.16	-	-
Comprehensive Income & Other	1.13	1.84	2.66	3.5	-	-
Total Common Equity	164.82	190.14	144.44	159.75	171.82	132.28
Minority Interest	39.99	23.9	80.68	81.28	50.6	50.6
Shareholders' Equity	204.8	214.05	225.12	241.03	222.43	182.89
Total Liabilities & Equity	499.57	507.83	530.9	454.43	428.49	407.45
Total Debt	279.74	279.78	280.01	195.95	182.73	193.28
Net Cash (Debt)	-270.52	-268.25	-273.91	-182.71	-126.77	-185.03
Net Cash Per Share	-27.04	-23.97	-36.24	-24.40	-16.80	-23.11
Filing Date Shares Outstanding	10.27	9.97	9.17	7.55	7.56	7.72
Total Common Shares Outstanding	10.26	9.94	7.7	7.51	7.49	7.94
Book Value Per Share	16.06	19.14	18.75	21.26	22.94	16.67
Tangible Book Value	209.83	184.91	138.14	151.12	143.32	94.92
Tangible Book Value Per Share	20.44	18.61	17.93	20.12	19.13	11.96
Land	98.18	98.01	104.86	103.66	61.01	65.36
Buildings	383.02	386.1	399.67	329.87	251.25	272.4

Updated Nov 14, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q