Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) — 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. See Gladstone Land Corporation 6.00% Series (LANDP) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Tangible Net Worth Ratio (2013–2023)
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. Also explore Gladstone Land Corporation 6.00% Series annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2023)
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 the full company profile including market capitalisation, see LANDP market cap overview.
| 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 | — |