Gladstone Land Corporation (LAND)

Gladstone Land Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	1,129	1,194	1,277	1,326	1,284	1,046
Cash & Equivalents	30.48	18.28	18.57	61.14	16.71	9.22
Investment In Debt and Equity Securities	41.1	5.66	-	-	-	-
Other Intangible Assets	3.79	4.09	5.36	9.82	4.51	3.89
Trading Asset Securities	5.46	7.63	7.37	9.01	-	-
Other Long-Term Assets	48.3	82.27	79.33	51.23	45.86	7.85
Total Assets	1,259	1,312	1,387	1,457	1,352	1,067
Current Portion of Long-Term Debt	-	-	-	-	1.04	1.5
Current Portion of Leases	0.04	0.06	-	-	-	-
Long-Term Debt	556.52	587.45	633.63	685.61	726.68	652.66
Long-Term Leases	0.73	0.44	0.57	0.62	0.66	0.13
Accounts Payable	13.78	18.4	10.3	16.27	10.87	9.08
Accrued Expenses	3.24	2.97	3.87	4.37	4.22	2.48
Other Long-Term Liabilities	14.2	15.69	19.34	19.03	19.01	17.65
Total Liabilities	588.51	625.01	667.71	725.89	762.48	683.5
Preferred Stock, Redeemable	0.02	0.02	0.02	0.02	0.01	0.01
Common Stock	0.04	0.04	0.04	0.04	0.03	0.03
Additional Paid-In Capital	854.04	854.06	856.21	836.67	668.28	440.47
Distributions in Excess of Earnings	-189.47	-174.56	-144.01	-114.37	-80.47	-55.21
Comprehensive Income & Other	5.46	7.63	7.37	9.01	-1.04	-1.5
Total Common Equity	670.06	687.17	719.6	731.35	586.81	383.78
Minority Interest	-	-	-	-	2.25	-
Shareholders' Equity	670.07	687.18	719.61	731.36	589.07	383.79
Total Liabilities & Equity	1,259	1,312	1,387	1,457	1,352	1,067
Total Debt	557.29	587.95	634.2	686.22	728.38	654.29
Net Cash (Debt)	-521.35	-562.04	-608.26	-616.08	-711.67	-645.07
Net Cash Per Share	-14.45	-15.65	-17.02	-17.82	-23.44	-28.98
Filing Date Shares Outstanding	36.18	36.18	35.84	35.71	34.21	26.74
Total Common Shares Outstanding	36.18	36.18	35.84	35.05	34.21	26.22
Book Value Per Share	18.52	18.99	20.08	20.87	17.15	14.64
Tangible Book Value	666.26	683.08	714.24	721.53	582.3	379.9
Tangible Book Value Per Share	18.41	18.88	19.93	20.59	17.02	14.49
Land	728.75	743.14	792.28	845.78	812.83	713.33

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q