Centerspace (CSR) Balance Sheet
CSR balance sheet, 2025
December 31, 2025 · U.S. dollars$1.93B assets = $1.08B liabilities + $845.8M equity
Both columns are drawn to the same scale: what CSR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CSR financial health
Descriptive bands, not a rating. Fiscal 2025.
CSR balance sheet trends, 2015–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.76B2015 | $1.93B2025 | +1.0%/yr | |
| Total liabilities | $1.04B2015 | $1.08B2025 | +0.4%/yr | |
| Shareholders’ equity | $618.8M2015 | $725.1M2025 | +1.8%/yr | |
| Cash & short-term investments | $66.7M2015 | $12.8M2025 | −16.7%/yr | |
| Total debt | $917.0M2015 | $1.02B2025 | +1.2%/yr | |
| Net cash (debt) | −$850.3M2015 | −$1.01B2025 | −$158.1M | |
| Working capital | $169.6M2015 | −$157.1M2025 | −$326.7M | |
| Book value per share | $45.582015 | $43.222025 | −0.6%/yr | |
| Current ratio | 2.262015 | 0.272025 | −1.99 | |
| Debt / equity | 1.482015 | 1.412025 | −0.07 | |
| Shares outstanding | 13.6M2015 | 16.8M2025 | +2.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CSR assets
CSR liabilities and equity
CSR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CSR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $12.8M | $12.0M | $8.6M | $10.5M | $31.3M | $392,000 | $26.6M | $11.9M | $28.8M | $66.7M |
| Cash & equivalents | $12.8M | $12.0M | $8.6M | $10.5M | $31.3M | $392,000 | $26.6M | $11.9M | $28.8M | $66.7M |
| Short-term investments | — | — | $3.82B | $4.03B | $3.81B | $2.90B | — | $818,000 | — | — |
| Receivables | $28.6M | $25.9M | $7.7M | $6.6M | $50.5M | $31.9M | $33.6M | $1.2M | $10.4M | $2.6M |
| Inventory | $0 | $0 | $1 | −$13.7M | −$2.3M | $1.2M | $14.7M | $4.2M | $0 | $0 |
| Other current assets | $15.7M | $14.0M | $13.8M | $23.6M | $19.4M | $11.4M | $9.7M | $9.1M | $45.9M | $235.2M |
| Total current assets | $57.1M | $51.9M | $30.0M | $27.0M | $98.8M | $44.9M | $84.6M | $26.4M | $85.1M | $304.5M |
| Property, plant & equipment (net) | $526,000 | $2.5M | $2.8M | $3.1M | $3.4M | $2.7M | $1.3M | $820,000 | $901,000 | $1.0M |
| Goodwill & intangible assets | $2.3M | $2.5M | $3.2M | $3.0M | $8.2M | $2.1M | $2.3M | $3.0M | $2.2M | $3.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $7.1M | $0 | $0 | $0 |
| Other non-current assets | $1.87B | $1.86B | $1.89B | $2.00B | $1.83B | $1.41B | $1.30B | $1.40B | $1.39B | $1.45B |
| Total assets | $1.93B | $1.91B | $1.93B | $2.03B | $1.94B | $1.46B | $1.39B | $1.43B | $1.47B | $1.76B |
| Liabilities | ||||||||||
| Accounts payable | $59.2M | $59.3M | $62.8M | $58.8M | $56.7M | $39.7M | $39.5M | $39.2M | — | $35.6M |
| Short-term debt | $154.9M | $47.4M | $30.0M | $113.5M | $76.0M | $152.9M | $50.1M | $124.0M | $57.0M | $17.5M |
| Deferred revenue | — | — | −$62.8M | −$58.8M | −$56.7M | −$39.7M | −$39.5M | −$39.2M | — | −$35.6M |
| Total current liabilities | $214.2M | $106.7M | $92.8M | $172.3M | $138.4M | $208.5M | $97.2M | $153.0M | $127.5M | $134.9M |
| Long-term debt | $1.02B | $955.4M | $916.0M | $1.01B | $780.0M | $566.3M | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $598.7M | $586.1M | $711.0M | $907.0M |
| Total liabilities | $1.08B | $1.01B | $978.8M | $1.07B | $918.5M | $774.8M | $696.0M | $739.2M | $838.4M | $1.04B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.37B | $1.27B | $1.17B | $1.18B | $1.16B | $968.3M | $917.4M | $907.8M | $916.1M | $922.1M |
| Retained earnings (deficit) | −$649.7M | −$615.2M | −$548.3M | −$539.4M | −$474.3M | −$427.7M | −$390.2M | −$395.7M | −$466.5M | −$442.0M |
| Accumulated other comprehensive income | −$649.7M | −$407,000 | −$1.1M | −$2.1M | −$4.4M | −$15.9M | −$7.6M | $1.8M | −$1.2M | −$1.1M |
| Minority interest | $120.7M | $130.5M | $221.2M | $220.8M | — | — | — | — | — | — |
| Total shareholders' equity | $725.1M | $670.5M | $726.4M | $746.1M | $797.4M | $634.8M | $635.6M | $613.4M | $560.9M | $618.8M |
| Key figures | ||||||||||
| Total debt | $1.02B | $955.4M | $916.0M | $1.01B | $856.0M | $719.2M | $648.8M | $703.4M | $760.8M | $917.0M |
| Net cash (debt) | −$1.01B | −$943.4M | −$907.4M | −$997.2M | −$824.8M | −$718.8M | −$622.2M | −$691.5M | −$732.0M | −$850.3M |
| Working capital | −$157.1M | −$54.8M | −$62.7M | −$145.3M | −$39.6M | −$163.6M | −$12.6M | −$126.6M | −$42.3M | $169.6M |
| Tangible book value | $722.8M | $668.0M | $723.2M | $743.1M | $789.1M | $632.6M | $633.3M | $610.4M | $558.7M | $615.2M |
| Book value per share | $43.22 | $43.24 | $42.43 | $49.03 | $50.77 | $50.52 | $48.22 | $45.57 | $46.29 | $45.58 |
| Shares outstanding | 16.8M | 15.5M | 17.1M | 15.2M | 15.7M | 12.6M | 13.2M | 13.5M | 12.1M | 13.6M |
| Current ratio | 0.27 | 0.49 | 0.32 | 0.16 | 0.71 | 0.22 | 0.87 | 0.17 | 0.67 | 2.26 |
| Quick ratio | 0.19 | 0.36 | 0.18 | 0.10 | 0.59 | 0.15 | 0.62 | 0.09 | 0.31 | 0.51 |
| Debt / equity | 1.41 | 1.42 | 1.26 | 1.35 | 1.07 | 1.13 | 1.02 | 1.15 | 1.36 | 1.48 |
| Equity / assets | 37.6% | 35.0% | 37.7% | 36.7% | 41.1% | 43.4% | 45.6% | 43.0% | 38.0% | 35.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $8.6M | $7.6M | $12.8M | $12.9M | $12.4M | $11.9M | $12.0M | $14.5M | $14.3M | $12.7M | $8.6M | $29.7M |
| Cash & equivalents | $8.6M | $7.6M | $12.8M | $12.9M | $12.4M | $11.9M | $12.0M | $14.5M | $14.3M | $12.7M | $8.6M | $29.7M |
| Receivables | $0 | $0 | $28.6M | $27.5M | $27.2M | $0 | $25.9M | $20.9M | $20.3M | $14.1M | $7.7M | $5.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17.2M | $0 | $0 | $1 | $74.7M |
| Other current assets | $29.0M | $2.7M | $15.7M | $111.8M | $115.9M | $6.1M | $14.0M | $0 | $0 | $0 | $13.8M | $0 |
| Total current assets | $37.6M | $10.3M | $57.1M | $152.1M | $155.6M | $18.1M | $51.9M | $17.2M | $15.4M | $13.7M | $30.0M | $52.2M |
| Property, plant & equipment (net) | $0 | $0 | $526,000 | $0 | $0 | $0 | $2.5M | $0 | $1.85B | $1.86B | $2.8M | $1.81B |
| Goodwill & intangible assets | $0 | $0 | $2.3M | $0 | $0 | $0 | $2.5M | $0 | $0 | $0 | $3.2M | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.80B | $1.88B | $1.87B | $1.95B | $1.86B | $1.88B | $1.86B | $1.87B | $34.4M | $29.5M | $1.89B | $16.3M |
| Total assets | $1.84B | $1.89B | $1.93B | $2.10B | $2.01B | $1.89B | $1.91B | $1.89B | $1.90B | $1.90B | $1.93B | $1.88B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | $59.2M | — | $56.1M | — | — | — | $52.9M | $54.6M | $62.8M | $62.7M |
| Short-term debt | $2.7M | $150.4M | $154.9M | $222.5M | $216.0M | $48.7M | $47.4M | $39.0M | $48.0M | $40.4M | $30.0M | $1.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | $44.3M | $40.4M | −$62.8M | −$62.7M |
| Total current liabilities | $2.7M | $206.3M | $214.2M | $289.0M | $273.1M | $106.4M | $106.7M | $338.5M | $100.9M | $95.0M | $92.8M | $62.7M |
| Long-term debt | $813.6M | $865.2M | $1.02B | $1.14B | $1.11B | $955.5M | $955.4M | $921.3M | $883.7M | $884.9M | $886.0M | $838.7M |
| Other long-term liabilities | $226.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $1.04B | $1.07B | $1.08B | $1.21B | $1.17B | $1.01B | $1.01B | $982.3M | $984.6M | $979.8M | $978.8M | $901.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.37B | $1.37B | $1.37B | $1.37B | $1.37B | $1.27B | $1.27B | $1.27B | $1.17B | $1.16B | $1.17B | $1.17B |
| Retained earnings (deficit) | −$689.5M | −$675.5M | −$649.7M | −$618.3M | −$659.3M | −$631.9M | −$615.2M | −$597.7M | −$579.1M | −$565.0M | −$548.3M | −$527.6M |
| Accumulated other comprehensive income | — | — | −$649.7M | −$618.3M | −$58,000 | −$232,000 | −$407,000 | −$578,000 | −$749,000 | −$922,000 | −$1.1M | −$1.4M |
| Minority interest | $111.8M | $115.2M | $120.7M | $132.3M | $123.5M | — | — | — | — | — | — | — |
| Total shareholders' equity | $686.2M | $700.9M | $725.1M | $754.6M | $721.4M | $653.4M | $670.5M | $689.0M | $697.3M | $704.7M | $726.4M | $750.1M |
| Key figures | ||||||||||||
| Total debt | $989.6M | $1.02B | $1.02B | $1.14B | $1.11B | $955.5M | $955.4M | $921.3M | $931.7M | $925.2M | $916.0M | $838.7M |
| Net cash (debt) | −$981.0M | −$1.01B | −$1.01B | −$1.13B | −$1.10B | −$943.5M | −$943.4M | −$906.8M | −$917.4M | −$912.5M | −$907.4M | −$809.0M |
| Working capital | $34.9M | −$196.0M | −$157.1M | −$136.9M | −$117.6M | −$88.3M | −$54.8M | −$321.3M | −$85.5M | −$81.2M | −$62.7M | −$10.5M |
| Tangible book value | $686.2M | $700.9M | $722.8M | $754.6M | $721.4M | $653.4M | $668.0M | $689.0M | $697.3M | $704.7M | $723.2M | $750.1M |
| Book value per share | $40.82 | $41.78 | $43.22 | $38.17 | $43.09 | $39.06 | $40.43 | $44.37 | $46.57 | $47.23 | $48.38 | $41.63 |
| Shares outstanding | 16.8M | 16.8M | 16.8M | 19.8M | 16.7M | 16.7M | 16.6M | 15.5M | 15.0M | 14.9M | 15.0M | 18.0M |
| Current ratio | 14.07 | 0.05 | 0.27 | 0.53 | 0.57 | 0.17 | 0.49 | 0.05 | 0.15 | 0.14 | 0.32 | 0.83 |
| Quick ratio | 3.21 | 0.04 | 0.19 | 0.14 | 0.15 | 0.11 | 0.36 | 0.10 | 0.34 | 0.28 | 0.18 | 0.56 |
| Debt / equity | 1.44 | 1.45 | 1.41 | 1.52 | 1.54 | 1.46 | 1.42 | 1.34 | 1.34 | 1.31 | 1.26 | 1.12 |
| Equity / assets | 37.3% | 37.1% | 37.6% | 36.0% | 35.8% | 34.5% | 35.0% | 36.5% | 36.7% | 37.0% | 37.7% | 39.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 17, 2026); data from EODHD.
CSR financial position
At the end of fiscal 2025 (December 31, 2025), Centerspace had total assets of $1.9 billion (up 0.7% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $725.1 million. It held $12.8 million in cash and short-term investments against $1.0 billion of debt, net debt of $1.0 billion. Its current ratio was 0.27. In the latest quarter (ended June 30, 2026) total assets were $1.8 billion and equity $686.2 million.
Related: CSR income statement, CSR cash flow statement, CSR key metrics. See the CSR stock overview for the latest quote and news.
CSR balance sheet FAQ
What are Centerspace's total assets?
Centerspace reported total assets of $1.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.9 billion a year earlier.
How much debt does Centerspace have?
Centerspace had $1.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 1.41.
How much cash does Centerspace have?
Centerspace held $12.8 million in cash and short-term investments at the end of fiscal 2025; with $1.0 billion of debt that is net debt of $1.0 billion.
What is Centerspace's book value?
Centerspace's shareholders' equity (book value) was $725.1 million at the end of fiscal 2025, or $43.22 per share.
What is Centerspace's current ratio?
Centerspace had current assets of $57.1 million and current liabilities of $214.2 million, a current ratio of 0.27 (current liabilities exceed current assets).
How much goodwill does Centerspace have?
Centerspace carried $2.3 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.