Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) — Net Asset Quality Index
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has a Net Asset Quality Index of 53.0% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.36 Billion minus total liabilities of $640.19 Million yields net assets of $723.32 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Gladstone Land Corporation 6.00% Series liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Net Asset Quality Index Over Time (2013–2023)
This chart shows how Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock's Net Asset Quality Index has evolved across 11 annual periods from 2013 to 2023. As of March 2024, the index stands at 53.0%, representing net assets of $723.32 Million against total assets of $1.36 Billion USD. See LANDP working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2023)
The table below presents the year-by-year Net Asset Quality Index for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 2023, covering 11 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Gladstone Land Corporation 6.00% Series (LANDP) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 51.9% | $719.61 Million | $1.39 Billion | $667.71 Million | ▲ +1.7 pp |
| 2022 | 50.2% | $731.36 Million | $1.46 Billion | $725.89 Million | ▲ +6.6 pp |
| 2021 | 43.6% | $589.07 Million | $1.35 Billion | $762.48 Million | ▲ +7.6 pp |
| 2020 | 36.0% | $383.79 Million | $1.07 Billion | $683.50 Million | ▲ +1.8 pp |
| 2019 | 34.2% | $278.97 Million | $816.79 Million | $537.82 Million | ▲ +2.1 pp |
| 2018 | 32.0% | $181.05 Million | $565.12 Million | $384.07 Million | ▲ +6.5 pp |
| 2017 | 25.5% | $117.95 Million | $462.28 Million | $344.33 Million | ▼ -0.8 pp |
| 2016 | 26.3% | $87.78 Million | $333.99 Million | $246.21 Million | ▼ -7.7 pp |
| 2015 | 34.0% | $78.01 Million | $229.74 Million | $151.73 Million | ▼ -5.6 pp |
| 2014 | 39.5% | $59.97 Million | $151.70 Million | $91.73 Million | ▼ -12.3 pp |
| 2013 | 51.8% | $48.51 Million | $93.67 Million | $45.16 Million | — |