GLADSTONE LAND CORP
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $27.2M | $18.3M | $18.6M | $61.1M | $16.7M | $9.2M | $13.7M | $14.7M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $3.1M | $3.6M | $4.8M | $5.7M | $4.5M | $3.7M | $4.8M | $5.7M |
| Total Assets | $1.24B | $1.31B | $1.39B | $1.46B | $1.35B | $1.07B | $816.8M | $565.1M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $473.6M | $527.5M | $574.1M | $626.5M | $668.0M | $624.1M | $481.9M | $335.9M |
| Total Liabilities | $568.9M | $625.0M | $667.7M | $725.9M | $762.5M | $683.5M | $537.8M | $384.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | — | — | — | — | — | — | — | — |
| Total Stockholders' Equity | $670.3M | $687.2M | $719.6M | $731.4M | $586.8M | $383.8M | $276.6M | $176.2M |