Generation Income Properties, Inc. (GIPR) Balance Sheet
GIPR balance sheet, 2025
December 31, 2025 · U.S. dollars$97.3M assets = $68.9M liabilities + $28.4M equity
Both columns are drawn to the same scale: what GIPR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GIPR financial health
Descriptive bands, not a rating. Fiscal 2025.
GIPR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $692,5822016 | $97.3M2025 | +73.2%/yr | |
| Total liabilities | $11,7672016 | $68.9M2025 | +162.2%/yr | |
| Shareholders’ equity | $692,5822016 | −$4.2M2025 | — | |
| Cash & short-term investments | $692,5822016 | $6.2M2025 | +27.5%/yr | |
| Total debt | $84,2922016 | $62.9M2025 | +108.6%/yr | |
| Net cash (debt) | $608,2902016 | −$56.8M2025 | −$57.4M | |
| Working capital | $607,8502016 | $3.0M2025 | +$2.4M | |
| Current ratio | 8.172016 | 1.732025 | −6.45 | |
| Debt / equity | 0.122016 | 12.132024 | +12.01 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GIPR assets
GIPR liabilities and equity
GIPR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GIPR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $6.2M | $612,939 | $3.1M | $3.7M | $10.6M | $937,564 | $974,365 | $642,132 | $482,879 | $692,582 |
| Cash & equivalents | $6.2M | $612,939 | $3.1M | $3.7M | $10.6M | $937,564 | $974,365 | $642,132 | $482,879 | $692,582 |
| Short-term investments | — | — | $135,642 | $1.2M | $41.3M | — | — | — | — | — |
| Receivables | $0 | $48,118 | $241,166 | $96,063 | $88,661 | $75,794 | $73,848 | $18,008 | $0 | $0 |
| Inventory | $0 | $0 | −$135,642 | $1 | $11.3M | $1.6M | $2.0M | $0 | −$3.4M | $0 |
| Other current assets | $952,223 | $8.1M | $803,476 | $351,382 | $0 | $0 | $0 | $103,354 | $3.4M | $0 |
| Total current assets | $7.1M | $8.8M | $4.0M | $4.2M | $11.2M | $1.4M | $1.6M | $763,494 | $482,879 | $692,582 |
| Property, plant & equipment (net) | $6.0M | $6.1M | $6.2M | $6.2M | $39.0M | $36.1M | $35.3M | $13.5M | $2.5M | $0 |
| Goodwill & intangible assets | $5.2M | $10.5M | $8.0M | $3.2M | $2.3M | $2.4M | $2.6M | $913,148 | $114,099 | $0 |
| Long-term investments | $0 | $0 | $0 | $1.2M | $725,082 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $78.9M | $81.2M | $90.5M | $49.4M | $156,842 | $740,743 | $656,092 | $18,008 | $222,050 | $0 |
| Total assets | $97.3M | $106.6M | $108.7M | $64.2M | $53.4M | $40.7M | $40.2M | $15.2M | $3.4M | $692,582 |
| Liabilities | ||||||||||
| Accounts payable | $1.6M | $171,262 | $406,772 | $173,461 | $201,727 | $118,462 | $82,937 | $30,339 | $3,768 | $440 |
| Short-term debt | $7.9M | $1.5M | $244,077 | $11.2M | $577,388 | $5.0M | $525,144 | $102,405 | $87,097 | $84,292 |
| Deferred revenue | $306,921 | $176,017 | $260,942 | $251,798 | $228,938 | $188,595 | $89,599 | — | −$207,394 | −$84,732 |
| Total current liabilities | $4.1M | $7.7M | $3.9M | $3.6M | $598,840 | $754,051 | $701,281 | $378,570 | $140,865 | $84,732 |
| Long-term debt | $56.4M | $63.8M | $62.3M | $36.7M | $29.0M | $29.5M | $28.3M | $9.7M | $0 | $0 |
| Lease obligations | $6.5M | $6.5M | $6.4M | $6.4M | $577,388 | $415,648 | $525,144 | $102,405 | — | — |
| Other long-term liabilities | $8.3M | $7.7M | $4.0M | $7.0M | $577,388 | $415,648 | $525,144 | $102,405 | $0 | $0 |
| Total liabilities | $68.9M | $73.7M | $74.2M | $47.3M | $30.1M | $30.6M | $29.5M | $10.2M | $17,108 | $11,767 |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $54,431 | $54,431 | $26,207 | $25,016 | $21,729 | $5,770 | $21,010 | $18,398 | $17,108 | $11,767 |
| Retained earnings (deficit) | −$33.6M | −$23.3M | −$14.8M | −$8.6M | −$5.4M | −$4.2M | −$2.3M | −$837,623 | $3.1M | $607,850 |
| Accumulated other comprehensive income | — | — | −$26,206 | $0 | $0 | $10.1M | $10.6M | $5.0M | $3.1M | $607,850 |
| Minority interest | $32.6M | $27.1M | $19.2M | $6.2M | — | — | — | — | — | — |
| Total shareholders' equity | −$4.2M | $5.8M | $15.3M | $10.7M | $13.7M | $1.4M | $2.4M | $2.9M | $3.4M | $692,582 |
| Key figures | ||||||||||
| Total debt | $62.9M | $70.3M | $56.8M | $43.1M | $29.0M | $29.9M | $29.3M | $9.7M | $87,097 | $84,292 |
| Net cash (debt) | −$56.8M | −$69.7M | −$53.7M | −$39.4M | −$18.4M | −$28.9M | −$28.4M | −$9.1M | $395,782 | $608,290 |
| Working capital | $3.0M | $1.1M | $142,433 | $612,490 | $10.6M | $654,103 | $859,547 | $384,924 | $342,014 | $607,850 |
| Tangible book value | −$9.4M | −$4.7M | $7.3M | $7.5M | $11.4M | −$1.0M | −$212,075 | $2.0M | $3.2M | $692,582 |
| Current ratio | 1.73 | 1.15 | 1.04 | 1.17 | 18.77 | 1.87 | 2.23 | 2.02 | 3.43 | 8.17 |
| Quick ratio | 1.50 | 0.09 | 0.86 | 1.07 | 17.83 | 1.34 | 1.49 | 1.74 | 3.43 | 8.17 |
| Debt / equity | — | 12.13 | 3.71 | 4.03 | 2.12 | 21.80 | 12.06 | 3.39 | 0.03 | 0.12 |
| Equity / assets | −4.3% | 5.4% | 14.1% | 16.7% | 25.6% | 3.4% | 6.1% | 18.8% | 100.0% | 100.0% |
| 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 | $2.0M | $289,468 | $6.2M | $247,288 | $356,130 | $630,557 | $612,939 | $1.5M | $2.6M | $1.7M | $3.1M | $4.3M |
| Cash & equivalents | $2.0M | $289,468 | $6.2M | $247,288 | $356,130 | $630,557 | $612,939 | $1.5M | $2.6M | $1.7M | $3.1M | $4.3M |
| Short-term investments | — | — | — | — | — | — | — | — | $142,793 | $148,710 | — | — |
| Receivables | $654,622 | $3,907 | $0 | $6,144 | $37,175 | $176,761 | $48,118 | $164,549 | $266,834 | $283,850 | $241,166 | $305,888 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$7.0M | −$135,642 | $0 | $353,122 |
| Other current assets | $0 | $0 | $952,223 | $11.8M | $3.7M | $11.0M | $8.1M | $7.0M | $14.0M | $7.1M | $667,834 | $303,568 |
| Total current assets | $2.3M | $293,375 | $7.1M | $12.1M | $4.1M | $11.8M | $8.8M | $8.7M | $9.8M | $8.9M | $4.0M | $5.3M |
| Property, plant & equipment (net) | $6.0M | $6.0M | $6.0M | $81.6M | $6.0M | $6.0M | $6.1M | $6.1M | $6.1M | $6.1M | $6.2M | $6.2M |
| Goodwill & intangible assets | $7.5M | $9.2M | $5.2M | $9.4M | $9.7M | $13.9M | $10.5M | $10.5M | $7.4M | $9.9M | $8.0M | $8.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $71.1M | $72.8M | $78.9M | $382,377 | $85.2M | $85.0M | $81.2M | $82.6M | $81.1M | $79.7M | $90.5M | $90.6M |
| Total assets | $86.9M | $88.3M | $97.3M | $103.4M | $105.0M | $116.7M | $106.6M | $108.0M | $104.5M | $104.6M | $108.7M | $110.8M |
| Liabilities | ||||||||||||
| Accounts payable | $1.5M | $1.6M | $1.6M | $611,408 | $416,097 | $641,602 | $171,262 | $79,297 | $328,725 | $51,901 | $406,772 | $304,278 |
| Short-term debt | $8.1M | $4.8M | — | $7.9M | $8.0M | $423,753 | $1.7M | $2.1M | $11.9M | $22.9M | — | $424,631 |
| Deferred revenue | — | $306,921 | — | — | $178,953 | $335,675 | $176,017 | $155,968 | $180,168 | $170,317 | — | $317,449 |
| Total current liabilities | $8.1M | $4.8M | $4.1M | $4.2M | $3.1M | $3.3M | $7.7M | $15.3M | $3.2M | $3.2M | $3.9M | $4.2M |
| Long-term debt | $52.9M | $54.1M | $56.4M | $62.2M | $62.4M | $70.1M | $63.8M | $64.1M | $61.8M | $62.0M | $62.3M | $62.6M |
| Lease obligations | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M | $6.4M | $6.4M | $6.4M | $6.4M |
| Other long-term liabilities | $3.7M | $7.7M | $8.3M | $8.1M | $8.5M | $8.4M | $7.7M | $0 | $7.5M | $7.6M | $8.0M | $7.4M |
| Total liabilities | $64.7M | $66.5M | $68.9M | $74.5M | $74.0M | $81.8M | $73.7M | $75.2M | $72.5M | $72.8M | $74.2M | $74.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $10,304 | $59,400 | — | $54,431 | $54,431 | $54,431 | $54,431 | $54,232 | $54,232 | $54,199 | — | $26,192 |
| Retained earnings (deficit) | −$36.8M | −$35.7M | −$33.6M | −$33.3M | −$30.4M | −$26.0M | −$23.3M | −$23.0M | −$20.0M | −$17.8M | −$14.8M | −$12.7M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | −$26,206 | — | $78,969 |
| Minority interest | $24.5M | $27.4M | $32.6M | $32.9M | $32.3M | — | — | — | — | — | — | — |
| Total shareholders' equity | −$2.3M | −$5.6M | −$4.2M | −$3.9M | −$1.4M | $3.1M | $5.8M | $6.2M | $9.1M | $11.9M | $15.3M | $17.8M |
| Key figures | ||||||||||||
| Total debt | $59.5M | $60.6M | $56.4M | $68.7M | $76.8M | $76.6M | $70.3M | $61.0M | $68.2M | $68.5M | $62.3M | $69.0M |
| Net cash (debt) | −$57.4M | −$60.3M | −$50.3M | −$68.5M | −$76.5M | −$76.0M | −$69.7M | −$59.4M | −$65.7M | −$66.8M | −$59.2M | −$64.6M |
| Working capital | −$5.7M | −$4.5M | $3.0M | $7.9M | $947,159 | $8.5M | $1.1M | −$6.5M | $6.6M | $5.6M | $142,433 | $1.1M |
| Tangible book value | −$9.8M | −$14.8M | −$9.4M | −$13.4M | −$11.1M | −$10.8M | −$4.7M | −$4.3M | $1.7M | $2.0M | $7.3M | $9.1M |
| Book value per share | −$1.63 | −$8.24 | — | — | — | — | $1.07 | — | — | — | $5.84 | — |
| Shares outstanding | 1.4M | 681K | — | — | — | — | 5.4M | — | — | — | 2.6M | — |
| Current ratio | 0.29 | 0.06 | 1.73 | 2.87 | 1.30 | 3.60 | 1.15 | 0.57 | 3.06 | 2.75 | 1.04 | 1.27 |
| Quick ratio | 0.33 | 0.06 | 1.50 | 0.06 | 0.13 | 0.25 | 0.09 | 0.11 | 0.88 | 0.60 | 0.86 | 1.12 |
| Debt / equity | — | — | — | — | — | 25.00 | 12.13 | 9.83 | 7.52 | 5.76 | 4.07 | 3.88 |
| Equity / assets | −2.6% | −6.4% | −4.3% | −3.8% | −1.3% | 2.6% | 5.4% | 5.7% | 8.7% | 11.4% | 14.1% | 16.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 1, 2026); data from EODHD.
GIPR financial position
At the end of fiscal 2025 (December 31, 2025), Generation Income Properties had total assets of $97.3 million (down 8.7% from a year earlier), total liabilities of $68.9 million and shareholders' equity of -$4.2 million. It held $6.2 million in cash and short-term investments against $62.9 million of debt, net debt of $56.8 million. Its current ratio was 1.73. In the latest quarter (ended June 30, 2026) total assets were $86.9 million and equity -$2.3 million.
Related: GIPR income statement, GIPR cash flow statement, GIPR key metrics. See the GIPR stock overview for the latest quote and news.
GIPR balance sheet FAQ
What are Generation Income Properties's total assets?
Generation Income Properties reported total assets of $97.3 million at the end of fiscal 2025 (December 31, 2025), compared with $106.6 million a year earlier.
How much debt does Generation Income Properties have?
Generation Income Properties had $62.9 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 Generation Income Properties have?
Generation Income Properties held $6.2 million in cash and short-term investments at the end of fiscal 2025; with $62.9 million of debt that is net debt of $56.8 million.
What is Generation Income Properties's book value?
Generation Income Properties's shareholders' equity (book value) was -$4.2 million at the end of fiscal 2025.
What is Generation Income Properties's current ratio?
Generation Income Properties had current assets of $7.1 million and current liabilities of $4.1 million, a current ratio of 1.73 (it can cover its short-term obligations).
How much goodwill does Generation Income Properties have?
Generation Income Properties carried $5.2 million of goodwill and intangible assets, 5.4% of total assets, at the end of fiscal 2025.