EagleRock Land, LLC (EROK) Balance Sheet
EROK balance sheet, 2025
December 31, 2025 · U.S. dollars$1.52B assets = $9.9M liabilities + $1.51B equity
Both columns are drawn to the same scale: what EROK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EROK financial health
Descriptive bands, not a rating. Fiscal 2025.
EROK balance sheet trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $86.7M2024 | $1.52B2025 | +1,654.0%/yr | |
| Total liabilities | $87.8M2024 | $9.9M2025 | −88.7%/yr | |
| Shareholders’ equity | −$1.1M2024 | −$41.7M2025 | — | |
| Cash & short-term investments | $1.1M2024 | $15.2M2025 | +1,333.0%/yr | |
| Total debt | $72.0M2024 | $300.7M2025 | +317.6%/yr | |
| Net cash (debt) | −$70.9M2024 | −$285.4M2025 | −$214.5M | |
| Working capital | −$2.5M2024 | $26.6M2025 | +$29.2M | |
| Book value per share | −$0.042024 | −$1.672025 | — | |
| Current ratio | 0.752024 | 4.612025 | +3.86 | |
| Shares outstanding | 25.0M2024 | 25.0M2025 | 0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EROK assets
EROK liabilities and equity
EROK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EROK balance sheet
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $15.2M | $1.1M |
| Cash & equivalents | $15.2M | $1.1M |
| Receivables | $15.1M | $6.4M |
| Inventory | $1.0M | $0 |
| Other current assets | $2.6M | $268,000 |
| Total current assets | $34.0M | $7.7M |
| Property, plant & equipment (net) | $362.8M | $15.2M |
| Goodwill & intangible assets | $1.12B | $63.8M |
| Long-term investments | $0 | $0 |
| Other non-current assets | $1.8M | $0 |
| Total assets | $1.52B | $86.7M |
| Liabilities | ||
| Accounts payable | $645,000 | $3.8M |
| Short-term debt | $6.0M | $5.7M |
| Deferred revenue | $739,000 | $65,000 |
| Total current liabilities | $7.4M | $10.2M |
| Long-term debt | $294.6M | $65.2M |
| Lease obligations | $1.5M | $1.4M |
| Other long-term liabilities | $0 | $12.3M |
| Total liabilities | $9.9M | $87.8M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $14.0M | $1,000 |
| Retained earnings (deficit) | −$74.1M | −$1.1M |
| Accumulated other comprehensive income | −$1,000 | −$999 |
| Minority interest | $1.22B | — |
| Total shareholders' equity | −$41.7M | −$1.1M |
| Key figures | ||
| Total debt | $300.7M | $72.0M |
| Net cash (debt) | −$285.4M | −$70.9M |
| Working capital | $26.6M | −$2.5M |
| Tangible book value | −$1.16B | −$64.8M |
| Book value per share | −$1.67 | −$0.04 |
| Shares outstanding | 25.0M | 25.0M |
| Current ratio | 4.61 | 0.75 |
| Quick ratio | 4.12 | 0.73 |
| Equity / assets | −2.7% | −1.2% |
| Jun '26 | Mar '26 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $61.8M | $4.1M |
| Cash & equivalents | $61.8M | $4.1M |
| Receivables | $25.7M | $14.9M |
| Inventory | $308,000 | $308,000 |
| Other current assets | $2.3M | $8.5M |
| Total current assets | $90.1M | $27.9M |
| Property, plant & equipment (net) | $379.4M | $56.7M |
| Goodwill & intangible assets | $1.32B | $187.8M |
| Long-term investments | $3.2M | $3.2M |
| Other non-current assets | $6.0M | $6.0M |
| Total assets | $1.80B | $281.7M |
| Liabilities | ||
| Accounts payable | $40.0M | $7.9M |
| Short-term debt | $122,000 | $7.5M |
| Deferred revenue | $202,000 | $169,000 |
| Total current liabilities | $43.7M | $19.1M |
| Long-term debt | $0 | $289.0M |
| Lease obligations | $1.5M | $1.6M |
| Other long-term liabilities | $14.7M | $11.9M |
| Total liabilities | $58.4M | $320.0M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $335.4M | $14.0M |
| Retained earnings (deficit) | −$7.6M | −$70.8M |
| Accumulated other comprehensive income | — | −$999 |
| Minority interest | $1.41B | — |
| Total shareholders' equity | $327.8M | −$38.4M |
| Key figures | ||
| Total debt | $1.5M | $297.5M |
| Net cash (debt) | $60.3M | −$293.4M |
| Working capital | $46.4M | $8.8M |
| Tangible book value | −$989.6M | −$226.2M |
| Book value per share | $12.43 | −$1.54 |
| Shares outstanding | 26.4M | 25.0M |
| Current ratio | 2.06 | 1.46 |
| Quick ratio | 2.00 | 1.00 |
| Debt / equity | 0.00 | — |
| Equity / assets | 18.3% | −13.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
EROK financial position
At the end of fiscal 2025 (December 31, 2025), EagleRock Land had total assets of $1.5 billion (up 1,654.0% from a year earlier), total liabilities of $9.9 million and shareholders' equity of -$41.7 million. It held $15.2 million in cash and short-term investments against $300.7 million of debt, net debt of $285.4 million. Its current ratio was 4.61. In the latest quarter (ended June 30, 2026) total assets were $1.8 billion and equity $327.8 million.
Related: EROK income statement, EROK cash flow statement, EROK key metrics. See the EROK stock overview for the latest quote and news.
EROK balance sheet FAQ
What are EagleRock Land's total assets?
EagleRock Land reported total assets of $1.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $86.7 million a year earlier.
How much debt does EagleRock Land have?
EagleRock Land had $300.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does EagleRock Land have?
EagleRock Land held $15.2 million in cash and short-term investments at the end of fiscal 2025; with $300.7 million of debt that is net debt of $285.4 million.
What is EagleRock Land's book value?
EagleRock Land's shareholders' equity (book value) was -$41.7 million at the end of fiscal 2025, or −$1.67 per share.
What is EagleRock Land's current ratio?
EagleRock Land had current assets of $34.0 million and current liabilities of $7.4 million, a current ratio of 4.61 (it can cover its short-term obligations).
How much goodwill does EagleRock Land have?
EagleRock Land carried $1.1 billion of goodwill and intangible assets, 73.8% of total assets, at the end of fiscal 2025.