Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Working Capital to Net Assets Ratio
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock working capital to net assets ratio. Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has a Working Capital to Net Assets ratio of 5.5% as of March 2024. Working capital of $39.85 Million (current assets of $51.55 Million minus current liabilities of $11.70 Million) is measured against net assets of $723.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2023)
Working capital to net assets 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 Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of March 2024, the ratio stands at 5.5%, reflecting working capital of $39.85 Million against net assets of $723.32 Million USD. Explore Gladstone Land Corporation 6.00% Series long-term investment intensity to see how much of total assets are deployed in long-term investments.
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Working Capital to Net Assets Ratio by Year (2013–2023)
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock working capital to net assets ratio by year from 2013 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 2023, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Gladstone Land Corporation 6.00% Series balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 8.0% | $57.83 Million | $719.61 Million | $72.20 Million | $14.37 Million | ▲ +2.5 pp |
| 2022 | 5.5% | $40.41 Million | $731.36 Million | $61.14 Million | $20.74 Million | ▲ +5.3 pp |
| 2021 | 0.3% | $1.51 Million | $589.07 Million | $16.71 Million | $15.20 Million | ▲ +0.9 pp |
| 2020 | -0.6% | $-2.45 Million | $383.79 Million | $9.22 Million | $11.66 Million | ▼ -1.1 pp |
| 2019 | 0.5% | $1.39 Million | $278.97 Million | $13.69 Million | $12.30 Million | ▼ -2.1 pp |
| 2018 | 2.6% | $4.63 Million | $181.05 Million | $14.73 Million | $10.10 Million | ▲ +5.8 pp |
| 2017 | -3.3% | $-3.87 Million | $117.95 Million | $4.47 Million | $8.34 Million | ▼ -2.0 pp |
| 2016 | -1.3% | $-1.11 Million | $87.78 Million | $2.44 Million | $3.55 Million | ▲ +0.7 pp |
| 2015 | -2.0% | $-1.53 Million | $78.01 Million | $2.53 Million | $4.06 Million | ▼ -3.7 pp |
| 2014 | 1.7% | $1.04 Million | $59.97 Million | $3.43 Million | $2.40 Million | ▼ -30.6 pp |
| 2013 | 32.4% | $15.69 Million | $48.51 Million | $16.95 Million | $1.26 Million | — |