Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Tangible Net Worth Ratio
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock tangible net worth ratio. Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has a Tangible Net Worth Ratio of 99.4% as of March 2024. This metric is calculated by deducting intangible assets ($4.55 Million) from net assets ($723.32 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Gladstone Land Corporation 6.00% Series (LANDP) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2023)
Tangible net worth ratio of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 2023. This chart shows how Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2023. As of March 2024, the ratio stands at 99.4%, reflecting net assets of $723.32 Million with intangible assets of $4.55 Million USD. Check strategic asset allocation of Gladstone Land Corporation 6.00% Series to assess the company's strategic physical and investment asset allocation.
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Tangible Net Worth Ratio by Year (2013–2023)
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock tangible net worth ratio by year from 2013 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 2023, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market value of Gladstone Land Corporation 6.00% Series .
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.3% | $719.61 Million | $4.78 Million | $1.39 Billion | ▲ +0.1 pp |
| 2022 | 99.2% | $731.36 Million | $5.70 Million | $1.46 Billion | ▼ 0.0 pp |
| 2021 | 99.2% | $589.07 Million | $4.46 Million | $1.35 Billion | ▲ +0.2 pp |
| 2020 | 99.0% | $383.79 Million | $3.73 Million | $1.07 Billion | ▲ +0.8 pp |
| 2019 | 98.3% | $278.97 Million | $4.83 Million | $816.79 Million | ▲ +1.4 pp |
| 2018 | 96.9% | $181.05 Million | $5.69 Million | $565.12 Million | ▲ +1.5 pp |
| 2017 | 95.3% | $117.95 Million | $5.49 Million | $462.28 Million | ▼ -2.4 pp |
| 2016 | 97.7% | $87.78 Million | $2.00 Million | $333.99 Million | ▼ 0.0 pp |
| 2015 | 97.7% | $78.01 Million | $1.76 Million | $229.74 Million | ▼ -0.1 pp |
| 2014 | 97.8% | $59.97 Million | $1.32 Million | $151.70 Million | ▼ -1.6 pp |
| 2013 | 99.4% | $48.51 Million | $311.06K | $93.67 Million | — |