Prologis Inc.
Balance Sheet
| Line Item | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.91B | $556.0M | $585.1M | $601.4M | $676.1M | $598.0M | $940.2M | $549.1M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | — | $118.0M | — | — | — | $117.7M | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | $989.1M | — | — | — | $1.05B | — | — |
| Total Assets | $59.78B | $58.49B | $57.02B | $56.44B | $55.73B | $56.07B | $55.76B | $55.22B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $18.37B | $215.3M | $17.14B | $16.99B | $16.50B | $16.85B | $16.52B | $15.67B |
| Total Liabilities | $21.32B | $20.74B | $20.26B | $19.96B | $19.35B | $19.74B | $19.27B | $18.48B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-764.4M | $-1.33B | $-2.11B | $-2.36B | $-2.50B | $-2.39B | $-2.25B | $-2.12B |
| Total Stockholders' Equity | $34.17B | $33.43B | $32.51B | $32.11B | $32.01B | $31.97B | $32.10B | $32.24B |
In the short run, the market is a voting machine but in the long run, it is a weighing machine.