InvenTrust Properties Corp. (IVT) Balance Sheet
IVT balance sheet, 2025
December 31, 2025 · U.S. dollars$2.79B assets = $994.4M liabilities + $1.79B equity
Both columns are drawn to the same scale: what IVT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
IVT financial health
Descriptive bands, not a rating. Fiscal 2025.
IVT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.79B2016 | $2.79B2025 | +0.0%/yr | |
| Total liabilities | $837.2M2016 | $994.4M2025 | +1.9%/yr | |
| Shareholders’ equity | $1.95B2016 | $1.79B2025 | −0.9%/yr | |
| Cash & short-term investments | $581.1M2016 | $40.5M2025 | −25.6%/yr | |
| Total debt | $670.7M2016 | $825.9M2025 | +2.3%/yr | |
| Net cash (debt) | −$89.5M2016 | −$785.4M2025 | −$695.8M | |
| Working capital | $578.7M2016 | $11.2M2025 | −$567.4M | |
| Book value per share | $22.812016 | $22.902025 | +0.0%/yr | |
| Current ratio | 12.282016 | 1.172025 | −11.12 | |
| Debt / equity | 0.342016 | 0.462025 | +0.12 | |
| Shares outstanding | 85.5M2016 | 78.3M2025 | −1.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
IVT assets
IVT liabilities and equity
IVT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
IVT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $40.5M | $91.2M | $96.4M | $137.8M | $44.9M | $222.6M | $255.1M | $260.1M | $167.5M | $581.1M |
| Cash & equivalents | $40.5M | $91.2M | $96.4M | $137.8M | $44.9M | $222.6M | $255.1M | $260.1M | $162.7M | $397.2M |
| Short-term investments | — | $3.8M | $18.1M | $26.7M | $1.92B | — | $1.1M | $1.6M | $4.8M | $183.9M |
| Receivables | $37.5M | $36.1M | $35.4M | $34.5M | $30.1M | $29.0M | $30.2M | $27.1M | $30.5M | $28.9M |
| Inventory | $0 | $0 | −$18.1M | −$142,000 | $75.1M | $253.9M | $296.6M | −$1.6M | −$1.7M | $1 |
| Other current assets | $0 | $0 | $21.5M | $142,000 | $0 | $0 | $0 | $6.4M | $10.8M | $19.9M |
| Total current assets | $78.0M | $127.4M | $135.1M | $172.3M | $74.9M | $252.8M | $290.9M | $291.9M | $207.2M | $629.9M |
| Property, plant & equipment (net) | $0 | $2.33B | $2.3M | $2.6M | $2.7M | $1.8M | $2.0M | $1.96B | $2.17B | $1.83B |
| Goodwill & intangible assets | $194.0M | $137.4M | $114.5M | $101.2M | $81.0M | $95.7M | $116.4M | $108.0M | $115.4M | $72.3M |
| Long-term investments | $0 | $0 | $0 | $56.1M | $107.9M | $109.1M | $118.9M | $156.1M | $180.8M | $0 |
| Other non-current assets | $2.52B | $42.4M | $2.24B | $2.14B | $1.95B | $1.95B | $1.98B | $24.0M | $22.5M | $254.4M |
| Total assets | $2.79B | $2.64B | $2.49B | $2.47B | $2.21B | $2.41B | $2.51B | $2.54B | $2.70B | $2.79B |
| Liabilities | ||||||||||
| Accounts payable | $48.3M | $46.4M | $44.6M | $42.8M | $36.2M | $28.3M | $29.8M | $32.8M | $37.8M | $38.2M |
| Short-term debt | $0 | $35.9M | $88.2M | $14.3M | $22.8M | $408,000 | $41.5M | $532,000 | $103.9M | $0 |
| Deferred revenue | — | — | — | −$14.3M | −$22.8M | −$408,000 | −$41.5M | −$532,000 | −$103.9M | −$670.7M |
| Total current liabilities | $66.7M | $63.9M | $59.2M | $56.6M | $50.0M | $41.9M | $43.1M | $45.8M | $51.2M | $51.3M |
| Long-term debt | $825.9M | $740.4M | $814.6M | $754.6M | $533.1M | $555.8M | $573.9M | $561.8M | $667.9M | $670.7M |
| Lease obligations | $11.1M | — | — | — | — | $2.0M | $2.2M | — | — | — |
| Other long-term liabilities | $101.8M | $71.6M | $59.5M | $57.9M | $57.8M | $70.8M | $70.6M | $76.1M | $73.8M | $115.3M |
| Total liabilities | $994.4M | $875.9M | $933.3M | $869.1M | $640.9M | $668.5M | $687.6M | $683.7M | $792.9M | $837.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $78,000 | $77,000 | $68,000 | $67,000 | $67,000 | $72,000 | $721,000 | $729,000 | $773,000 | $773,000 |
| Retained earnings (deficit) | −$3.95B | −$3.98B | −$3.93B | −$3.88B | −$3.88B | −$3.82B | −$3.75B | −$3.74B | −$3.78B | −$3.79B |
| Accumulated other comprehensive income | $4.8M | $14.4M | $18.1M | $26.7M | −$4.3M | −$12.4M | $1.1M | $1.6M | $1.9M | $59.1M |
| Total shareholders' equity | $1.79B | $1.76B | $1.55B | $1.60B | $1.57B | $1.74B | $1.82B | $1.85B | $1.91B | $1.95B |
| Key figures | ||||||||||
| Total debt | $825.9M | $740.4M | $814.6M | $768.8M | $555.9M | $557.1M | $615.4M | $562.3M | $771.8M | $670.7M |
| Net cash (debt) | −$785.4M | −$649.2M | −$718.2M | −$631.1M | −$511.1M | −$334.5M | −$360.3M | −$302.2M | −$604.3M | −$89.5M |
| Working capital | $11.2M | $63.4M | $75.9M | $115.7M | $24.9M | $210.8M | $247.9M | $246.1M | $155.9M | $578.7M |
| Tangible book value | $1.60B | $1.62B | $1.44B | $1.50B | $1.49B | $1.64B | $1.70B | $1.74B | $1.79B | $1.88B |
| Book value per share | $22.90 | $24.78 | $22.92 | $23.75 | $22.11 | $24.15 | $24.95 | $24.31 | $24.60 | $22.81 |
| Shares outstanding | 78.3M | 71.0M | 67.8M | 67.5M | 71.1M | 72.0M | 72.9M | 76.2M | 77.5M | 85.5M |
| Current ratio | 1.17 | 1.99 | 2.28 | 3.04 | 1.50 | 6.03 | 6.76 | 6.37 | 4.04 | 12.28 |
| Quick ratio | 1.17 | 1.99 | 2.23 | 3.04 | 1.50 | 6.00 | 6.63 | 6.27 | 3.86 | 11.90 |
| Debt / equity | 0.46 | 0.42 | 0.52 | 0.48 | 0.35 | 0.32 | 0.34 | 0.30 | 0.40 | 0.34 |
| Equity / assets | 64.3% | 66.8% | 62.5% | 64.9% | 71.0% | 72.2% | 72.6% | 73.0% | 70.6% | 70.0% |
| 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 | $74.9M | $34.4M | $40.5M | $76.4M | $294.0M | $84.6M | $91.2M | $202.8M | $37.1M | $75.1M | $96.4M | $104.1M |
| Cash & equivalents | $74.9M | $34.4M | $40.5M | $76.4M | $294.0M | $84.6M | $91.2M | $202.8M | $37.1M | $75.1M | $96.4M | $104.1M |
| Short-term investments | — | — | — | — | — | — | $3.8M | — | $21.1M | $22.1M | $18.1M | $29.3M |
| Receivables | $39.6M | $36.5M | $37.5M | $39.5M | $35.2M | $33.8M | $36.1M | $34.8M | $30.9M | $29.8M | $35.4M | $33.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$21.1M | −$22.1M | −$18.1M | −$29.3M |
| Other current assets | $42.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21.1M | $22.1M | $21.5M | $29.3M |
| Total current assets | $157.2M | $70.9M | $78.0M | $115.8M | $329.2M | $118.4M | $127.4M | $237.6M | $68.0M | $104.9M | $135.1M | $138.0M |
| Property, plant & equipment (net) | $2.66B | $0 | $0 | $1.6M | $0 | $2.31B | $2.33B | $0 | $2.23B | $2.21B | $2.3M | $2.21B |
| Goodwill & intangible assets | $217.6M | $202.7M | $194.0M | $188.2M | $139.9M | $129.0M | $137.4M | $107.0M | $111.6M | $110.9M | $114.5M | $122.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.8M |
| Other non-current assets | $0 | $2.61B | $2.52B | $2.43B | $2.24B | $45.4M | $42.4M | $2.28B | $46.9M | $51.5M | $2.24B | $57.0M |
| Total assets | $3.03B | $2.89B | $2.79B | $2.73B | $2.71B | $2.61B | $2.64B | $2.62B | $2.46B | $2.48B | $2.49B | $2.53B |
| Liabilities | ||||||||||||
| Accounts payable | $46.6M | $29.2M | $48.3M | $50.5M | $44.1M | $30.4M | $46.4M | $48.7M | $39.5M | $28.8M | $44.6M | $46.6M |
| Short-term debt | $927,000 | $48.8M | $0 | $23.2M | $23.1M | $35.9M | $0 | $0 | $72.5M | $88.2M | $88.2M | $92.8M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$72.8M | −$88.2M | — | −$92.8M |
| Total current liabilities | $67.0M | $48.8M | $66.7M | $69.0M | $62.6M | $48.8M | $63.9M | $66.1M | $54.8M | $44.1M | $59.2M | $61.2M |
| Long-term debt | $1.08B | $941.1M | $825.9M | $764.6M | $746.3M | $740.7M | $740.4M | $740.1M | $812.2M | $827.5M | $814.6M | $834.2M |
| Lease obligations | $11.2M | $11.1M | $11.1M | $11.0M | $11.0M | — | — | — | — | — | — | — |
| Other long-term liabilities | $120.1M | $117.5M | $101.8M | $92.1M | $78.3M | $71.1M | $71.6M | $59.0M | $57.5M | $56.7M | $59.5M | $63.1M |
| Total liabilities | $1.27B | $1.11B | $994.4M | $925.6M | $887.2M | $860.7M | $875.9M | $865.3M | $924.5M | $928.3M | $933.3M | $958.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $77,000 | $77,000 | $68,000 | $68,000 | $68,000 | $68,000 |
| Retained earnings (deficit) | −$3.98B | −$3.96B | −$3.95B | −$3.93B | −$3.92B | −$4.00B | −$3.98B | −$3.98B | −$3.96B | −$3.95B | −$3.93B | −$3.92B |
| Accumulated other comprehensive income | $9.3M | $6.0M | $4.8M | $4.9M | $8.3M | $10.6M | $14.4M | $10.7M | $21.1M | $22.1M | $18.1M | $29.1M |
| Total shareholders' equity | $1.77B | $1.78B | $1.79B | $1.81B | $1.82B | $1.74B | $1.76B | $1.76B | $1.54B | $1.55B | $1.55B | $1.57B |
| Key figures | ||||||||||||
| Total debt | $1.10B | $1.03B | $825.9M | $764.6M | $746.3M | $740.7M | $740.4M | $740.1M | $812.2M | $827.5M | $814.6M | $927.0M |
| Net cash (debt) | −$1.02B | −$993.8M | −$785.4M | −$688.2M | −$452.3M | −$656.2M | −$649.2M | −$537.4M | −$775.1M | −$752.4M | −$718.2M | −$822.9M |
| Working capital | $90.2M | $22.1M | $11.2M | $46.9M | $266.6M | $69.6M | $63.4M | $171.4M | $13.2M | $60.8M | $75.9M | $76.9M |
| Tangible book value | $1.55B | $1.58B | $1.60B | $1.62B | $1.68B | $1.62B | $1.62B | $1.65B | $1.42B | $1.44B | $1.44B | $1.45B |
| Book value per share | $22.42 | $22.68 | $22.89 | $23.10 | $23.29 | $22.32 | $22.56 | $25.61 | $22.47 | $22.67 | $22.82 | $23.27 |
| Shares outstanding | 78.8M | 78.4M | 78.4M | 78.3M | 78.2M | 78.2M | 78.0M | 68.5M | 68.3M | 68.3M | 68.1M | 67.5M |
| Current ratio | 2.35 | 1.45 | 1.17 | 1.68 | 5.26 | 2.43 | 1.99 | 3.59 | 1.24 | 2.38 | 2.28 | 2.26 |
| Quick ratio | 1.71 | 1.45 | 1.17 | 1.68 | 5.26 | 2.43 | 1.99 | 3.59 | 1.24 | 2.38 | 2.23 | 2.26 |
| Debt / equity | 0.62 | 0.58 | 0.46 | 0.42 | 0.41 | 0.42 | 0.42 | 0.42 | 0.53 | 0.53 | 0.52 | 0.59 |
| Equity / assets | 58.2% | 61.6% | 64.3% | 66.2% | 67.3% | 67.0% | 66.8% | 67.0% | 62.4% | 62.5% | 62.5% | 62.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 12, 2026); data from EODHD.
IVT financial position
At the end of fiscal 2025 (December 31, 2025), InvenTrust Properties had total assets of $2.8 billion (up 5.8% from a year earlier), total liabilities of $994.4 million and shareholders' equity of $1.8 billion. It held $40.5 million in cash and short-term investments against $825.9 million of debt, net debt of $785.4 million. Its current ratio was 1.17. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $1.8 billion.
Related: IVT income statement, IVT cash flow statement, IVT key metrics. See the IVT stock overview for the latest quote and news.
IVT balance sheet FAQ
What are InvenTrust Properties's total assets?
InvenTrust Properties reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.6 billion a year earlier.
How much debt does InvenTrust Properties have?
InvenTrust Properties had $825.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.46.
How much cash does InvenTrust Properties have?
InvenTrust Properties held $40.5 million in cash and short-term investments at the end of fiscal 2025; with $825.9 million of debt that is net debt of $785.4 million.
What is InvenTrust Properties's book value?
InvenTrust Properties's shareholders' equity (book value) was $1.8 billion at the end of fiscal 2025, or $22.90 per share.
What is InvenTrust Properties's current ratio?
InvenTrust Properties had current assets of $78.0 million and current liabilities of $66.7 million, a current ratio of 1.17 (it can cover its short-term obligations).
How much goodwill does InvenTrust Properties have?
InvenTrust Properties carried $194.0 million of goodwill and intangible assets, 7.0% of total assets, at the end of fiscal 2025.