Sunstone Hotel Investors, Inc. (SHO)

Sunstone Hotel Investors 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	2,862	2,598	2,856	2,749	2,520	2,956
Total Real Estate Assets	2,862	2,598	2,856	2,749	2,520	2,956
Cash & Equivalents	115.54	426.4	101.22	120.48	368.41	816.86
Accounts Receivable	34.11	31.21	42.09	16.06	8.11	21.2
Other Receivables	-	-	-	12.68	0.46	14.01
Other Intangible Assets	0.93	-	-	0.83	20.42	31.93
Restricted Cash	77.02	67.3	55.98	42.23	47.73	48.12
Other Current Assets	23.77	26.38	27.3	90.64	10.44	13.55
Trading Asset Securities	-	-	0.27	0	-	-
Deferred Long-Term Tax Assets	-	-	-	-	-	7.42
Deferred Long-Term Charges	2.57	-	-	2.58	4.35	2.72
Other Long-Term Assets	0.87	-	-	6.46	5.68	6.83
Total Assets	3,117	3,149	3,083	3,041	2,986	3,919
Current Portion of Long-Term Debt	72.44	-	-	21.44	2.26	82.11
Current Portion of Leases	5.88	-	-	5.59	5.03	4.74
Long-Term Debt	742.75	814.96	812.68	590.23	748.24	890.04
Long-Term Leases	7.16	16.74	19.01	25.12	45.52	65.26
Accounts Payable	63.64	48.41	73.74	42.12	32.3	30.87
Accrued Expenses	18.42	14.57	16	40.89	32.61	49.34
Current Income Taxes Payable	-	2.86	-	-	-	-
Current Unearned Revenue	-	-	-	33.75	13.34	-
Other Current Liabilities	22.62	29.97	14	31.98	5.26	158.49
Long-Term Unearned Revenue	52.31	48.14	54.2	6.67	7.91	5.23
Other Long-Term Liabilities	6.52	7.04	8.23	3.5	3.87	11.83
Total Liabilities	991.75	982.68	997.86	801.28	896.34	1,298
Preferred Stock, Redeemable	281.25	281.25	281.25	281.25	190	190
Total Preferred Equity	281.25	281.25	281.25	281.25	190	190
Common Stock	2.01	2.04	2.09	2.19	2.16	2.25
Additional Paid-In Capital	2,395	2,416	2,466	2,631	2,586	2,684
Distributions in Excess of Earnings	-	-	-	-715.96	-729.62	-301.32
Retained Earnings	-552.99	-533.06	-663.98	-	-	-
Total Common Equity	1,844	1,885	1,804	1,918	1,859	2,385
Minority Interest	-	-	-	40.81	40.74	46.23
Shareholders' Equity	2,125	2,167	2,085	2,240	2,089	2,621
Total Liabilities & Equity	3,117	3,149	3,083	3,041	2,986	3,919
Total Debt	828.23	831.7	831.69	642.37	801.05	1,042
Net Cash / Debt	-712.69	-405.29	-730.2	-521.88	-432.65	-225.29
Net Cash Per Share	-3.51	-1.97	-3.43	-2.41	-2.00	-1.00
Filing Date Shares Outstanding	200.9	203.53	208.17	219.33	215.59	225.12
Total Common Shares Outstanding	200.92	203.48	209.32	219.33	215.59	224.86
Book Value Per Share	9.18	9.27	8.62	8.74	8.62	10.61
Tangible Book Value	1,843	1,885	1,804	1,917	1,838	2,353
Tangible Book Value Per Share	9.17	9.27	8.62	8.74	8.53	10.46
Land	645.88	614.11	672.53	604.69	571.21	601.18
Buildings	2,818	2,587	2,794	2,729	2,524	2,951
Construction In Progress	117.51	61.25	71.69	41.26	15.83	40.64

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