BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (LND) Balance Sheet
LND balance sheet, FY2026
June 30, 2026 · Brazilian reaisR$3.70B assets = R$1.68B liabilities + R$2.02B equity
Both columns are drawn to the same scale: what LND owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LND financial health
Descriptive bands, not a rating. Fiscal FY2026.
LND balance sheet trends, FY2016–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | R$853.5MFY2016 | R$3.70BFY2026 | +17.7%/yr | |
| Total liabilities | R$167.5MFY2016 | R$1.68BFY2026 | +29.2%/yr | |
| Shareholders’ equity | R$686.0MFY2016 | R$2.02BFY2026 | +12.8%/yr | |
| Cash & short-term investments | R$167.8MFY2016 | R$184.6MFY2026 | +1.1%/yr | |
| Total debt | R$99.8MFY2016 | R$1.43BFY2026 | +34.4%/yr | |
| Net cash (debt) | R$67.9MFY2016 | −R$1.25BFY2026 | −R$1.3B | |
| Working capital | R$130.6MFY2016 | R$383.2MFY2026 | +R$252.6M | |
| Current ratio | 2.17FY2016 | 1.54FY2026 | −0.62 | |
| Debt / equity | 0.15FY2016 | 0.71FY2026 | +0.56 | |
| Shares outstanding | 54.9MFY2016 | 99.6MFY2026 | +6.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LND assets
LND liabilities and equity
LND debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LND balance sheet in Brazilian reais
| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | R$184.6M | R$193.9M | R$412.0M | R$530.4M | R$1.06B | R$171.0M | R$110.7M | R$115.5M | R$50.8M | R$167.8M |
| Cash & equivalents | R$168.2M | R$171.0M | R$383.8M | R$435.5M | R$1.06B | R$171.0M | R$106.6M | R$104.3M | R$43.8M | R$54.2M |
| Short-term investments | R$16.3M | R$22.9M | R$28.2M | R$94.9M | −R$4.5M | R$125.6M | R$4.0M | R$11.2M | R$7.0M | R$113.6M |
| Receivables | R$327.8M | R$379.0M | R$410.6M | R$388.1M | R$164.6M | R$163.4M | R$113.6M | R$79.0M | R$45.0M | R$19.2M |
| Inventory | R$562.1M | R$443.9M | R$430.6M | R$554.9M | R$476.3M | R$254.3M | R$196.9M | R$131.6M | R$60.9M | R$18.2M |
| Other current assets | R$15.1M | R$82.7M | R$96.2M | R$115.3M | R$61.1M | R$53.6M | R$19.6M | R$46.1M | R$14.4M | R$37.5M |
| Total current assets | R$1.09B | R$1.10B | R$1.35B | R$1.59B | R$1.76B | R$642.5M | R$440.8M | R$372.3M | R$171.1M | R$242.6M |
| Property, plant & equipment (net) | R$526.5M | R$462.9M | R$316.3M | R$246.1M | R$190.4M | R$217.0M | R$107.9M | R$84.8M | R$54.7M | R$8.6M |
| Goodwill & intangible assets | R$5.0M | R$4.5M | R$1.9M | R$812,000 | R$1.1M | R$1.5M | R$1.6M | R$1.4M | R$1.7M | R$3.5M |
| Long-term investments | R$1.3M | R$2.7M | R$2.6M | R$7.6M | R$5.6M | R$5.7M | R$1.3M | R$86,000 | R$101.4M | R$103.0M |
| Other non-current assets | R$2.08B | R$2.04B | R$1.84B | R$1.50B | R$1.47B | R$1.18B | R$806.1M | R$721.0M | R$554.3M | R$496.0M |
| Total assets | R$3.70B | R$3.61B | R$3.51B | R$3.35B | R$3.43B | R$2.04B | R$1.36B | R$1.18B | R$883.3M | R$853.5M |
| Liabilities | ||||||||||
| Accounts payable | R$64.6M | R$67.2M | R$62.0M | R$80.4M | R$75.2M | R$55.6M | R$37.7M | R$48.5M | R$37.8M | R$12.1M |
| Short-term debt | R$557.8M | R$254.8M | R$253.7M | R$142.0M | R$352.6M | R$243.1M | R$103.1M | R$70.1M | R$56.6M | R$51.6M |
| Deferred revenue | R$33.7M | R$34.3M | R$23.4M | R$22.0M | R$19.1M | R$10.2M | R$5.7M | R$21.2M | R$5.6M | R$278,000 |
| Total current liabilities | R$706.5M | R$527.3M | R$631.9M | R$484.0M | R$661.3M | R$400.1M | R$226.6M | R$203.2M | R$157.2M | R$112.0M |
| Long-term debt | R$549.3M | R$789.2M | R$618.3M | R$560.2M | R$509.6M | R$423.4M | R$230.2M | R$205.9M | R$55.6M | R$48.2M |
| Lease obligations | R$407.6M | R$362.1M | R$317.3M | R$249.2M | R$199.0M | R$152.4M | R$21.2M | R$20.2M | R$24.1M | R$5.8M |
| Other long-term liabilities | R$423.1M | R$108.9M | R$60.8M | R$85.0M | R$74.8M | R$99.4M | R$20.3M | R$14.7M | R$3.1M | R$7.2M |
| Total liabilities | R$1.68B | R$1.43B | R$1.31B | R$1.13B | R$1.25B | R$922.8M | R$477.1M | R$423.7M | R$215.8M | R$167.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$699.8M | R$584.2M | R$584.2M | R$584.2M | R$584.2M |
| Retained earnings (deficit) | R$409.1M | R$537.9M | R$621.1M | R$117.2M | R$600.8M | R$372.2M | R$289.0M | R$165.0M | R$68.6M | R$91.2M |
| Treasury stock | — | — | — | — | — | −R$31.5M | −R$35.2M | −R$35.2M | −R$36.8M | −R$37.2M |
| Accumulated other comprehensive income | R$71.1M | R$97.5M | R$38.9M | R$689.2M | R$646.0M | R$453.3M | R$42.5M | R$167.0M | R$120.0M | R$139.0M |
| Minority interest | — | — | — | — | — | — | R$0 | R$0 | R$0 | R$0 |
| Total shareholders' equity | R$2.02B | R$2.18B | R$2.20B | R$2.22B | R$2.18B | R$1.12B | R$880.5M | R$755.9M | R$667.5M | R$686.0M |
| Key figures | ||||||||||
| Total debt | R$1.43B | R$1.04B | R$872.0M | R$702.2M | R$862.2M | R$666.5M | R$307.1M | R$276.0M | R$112.2M | R$99.8M |
| Net cash (debt) | −R$1.25B | −R$850.1M | −R$459.9M | −R$171.8M | R$196.9M | −R$495.4M | −R$196.4M | −R$160.5M | −R$61.4M | R$67.9M |
| Working capital | R$383.2M | R$572.2M | R$717.6M | R$1.10B | R$1.10B | R$242.4M | R$214.2M | R$169.1M | R$13.9M | R$130.6M |
| Tangible book value | R$2.02B | R$2.18B | R$2.20B | R$2.22B | R$2.18B | R$1.12B | R$879.0M | R$754.5M | R$665.8M | R$682.6M |
| Shares outstanding | 99.6M | 100.1M | 102.4M | 99.4M | 71.4M | 59.3M | 54.1M | 56.9M | 57.6M | 54.9M |
| Current ratio | 1.54 | 2.09 | 2.14 | 3.28 | 2.66 | 1.61 | 1.95 | 1.83 | 1.09 | 2.17 |
| Quick ratio | 0.73 | 1.09 | 1.30 | 1.90 | 1.85 | 0.84 | 0.99 | 0.96 | 0.61 | 1.67 |
| Debt / equity | 0.71 | 0.48 | 0.40 | 0.32 | 0.40 | 0.59 | 0.35 | 0.37 | 0.17 | 0.15 |
| Equity / assets | 54.6% | 60.5% | 62.6% | 66.2% | 63.7% | 54.9% | 64.9% | 64.1% | 75.6% | 80.4% |
| Jun '26 | Mar '26 | Dec '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | R$184.6M | R$94.0M | R$54.6M | R$81.2M | R$47.6M | R$180.8M | R$193.9M | R$225.6M | R$220.1M | R$379.5M |
| Cash & equivalents | R$168.2M | R$73.2M | R$38.3M | R$64.1M | R$28.2M | R$157.8M | R$171.0M | R$201.2M | R$196.1M | R$344.6M |
| Short-term investments | R$16.3M | R$20.8M | R$16.3M | R$17.1M | R$19.3M | R$22.9M | R$22.9M | R$24.5M | R$24.0M | R$34.8M |
| Receivables | R$327.8M | R$409.7M | R$384.3M | R$494.6M | R$425.6M | R$526.8M | R$379.0M | R$361.8M | R$330.0M | R$409.0M |
| Inventory | R$562.1M | R$638.4M | R$594.9M | R$645.4M | R$579.9M | R$409.5M | R$479.8M | R$532.6M | R$499.0M | R$440.5M |
| Other current assets | R$15.1M | R$58.2M | R$40.8M | R$30.4M | R$41.4M | R$38.1M | R$46.7M | R$99.7M | R$61.2M | R$39.0M |
| Total current assets | R$1.09B | R$1.20B | R$1.07B | R$1.25B | R$1.09B | R$1.16B | R$1.10B | R$1.22B | R$1.11B | R$1.27B |
| Property, plant & equipment (net) | R$526.5M | R$494.8M | R$502.8M | R$524.6M | R$527.2M | R$516.9M | R$462.9M | R$336.9M | R$306.1M | R$337.8M |
| Goodwill & intangible assets | R$5.0M | R$5.2M | R$10.5M | R$5.3M | R$5.4M | R$5.0M | R$0 | R$3.4M | R$3.1M | R$3.0M |
| Long-term investments | R$1.3M | R$20.6M | R$1.3M | R$2.7M | R$2.7M | R$2.7M | R$2.7M | R$24.6M | R$2.6M | R$0 |
| Other non-current assets | R$2.08B | R$2.10B | R$2.15B | R$2.19B | R$2.31B | R$2.18B | R$2.04B | R$1.76B | R$1.86B | R$1.85B |
| Total assets | R$3.70B | R$3.82B | R$3.74B | R$3.97B | R$3.94B | R$3.86B | R$3.61B | R$3.34B | R$3.28B | R$3.46B |
| Liabilities | ||||||||||
| Accounts payable | R$64.6M | R$164.9M | R$202.6M | R$241.0M | R$200.9M | R$213.5M | R$67.2M | R$219.6M | R$179.4M | R$29.6M |
| Short-term debt | R$557.8M | R$587.5M | R$434.1M | R$457.8M | R$304.6M | R$291.9M | R$254.8M | R$340.5M | R$280.9M | R$256.2M |
| Deferred revenue | R$33.7M | R$25.0M | R$24.1M | — | — | R$34.3M | R$34.3M | R$71.1M | R$12.4M | R$10.5M |
| Total current liabilities | R$706.5M | R$814.3M | R$668.2M | R$791.1M | R$647.5M | R$574.6M | R$527.3M | R$597.3M | R$486.7M | R$540.9M |
| Long-term debt | R$549.3M | R$527.3M | R$888.9M | R$881.1M | R$944.9M | R$891.1M | R$504.6M | R$500.7M | R$501.6M | R$608.1M |
| Lease obligations | R$407.6M | R$443.3M | R$436.8M | R$454.0M | R$451.2M | R$446.3M | R$362.1M | R$291.7M | R$304.8M | — |
| Other long-term liabilities | R$423.1M | R$438.6M | R$100.1M | R$129.5M | R$144.5M | R$119.7M | R$393.5M | R$285.9M | R$317.8M | R$62.7M |
| Total liabilities | R$1.68B | R$1.78B | R$1.66B | R$1.80B | R$1.74B | R$1.59B | R$1.43B | R$1.38B | R$1.31B | R$1.21B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B | R$1.59B |
| Retained earnings (deficit) | R$409.1M | −R$76.1M | −R$61.8M | R$76.7M | R$77.8M | R$97.5M | R$537.9M | R$358.9M | R$24.2M | R$651.1M |
| Accumulated other comprehensive income | R$71.1M | R$584.1M | R$606.8M | R$560.2M | R$591.9M | R$639.3M | R$97.5M | R$52.5M | R$418.9M | R$55.5M |
| Total shareholders' equity | R$2.02B | R$2.04B | R$2.08B | R$2.17B | R$2.20B | R$2.27B | R$2.18B | R$1.96B | R$1.98B | R$2.25B |
| Key figures | ||||||||||
| Total debt | R$1.43B | R$1.44B | R$1.32B | R$1.34B | R$1.25B | R$1.18B | R$1.04B | R$1.06B | R$1.05B | R$864.3M |
| Net cash (debt) | −R$1.25B | −R$1.35B | −R$1.27B | −R$1.26B | −R$1.20B | −R$1.00B | −R$850.1M | −R$839.1M | −R$827.8M | −R$484.9M |
| Working capital | R$383.2M | R$386.0M | R$406.6M | R$460.5M | R$446.9M | R$580.6M | R$572.2M | R$622.4M | R$623.6M | R$727.0M |
| Tangible book value | R$2.02B | R$2.04B | R$2.07B | R$2.16B | R$2.20B | R$2.26B | R$2.18B | R$1.95B | R$1.97B | R$2.25B |
| Shares outstanding | 99.6M | 99.6M | 99.6M | 102.7M | 102.7M | 102.7M | 100.1M | 99.6M | 99.6M | 99.4M |
| Current ratio | 1.54 | 1.47 | 1.61 | 1.58 | 1.69 | 2.01 | 2.09 | 2.04 | 2.28 | 2.34 |
| Quick ratio | 0.73 | 0.62 | 0.66 | 0.73 | 0.73 | 1.23 | 1.09 | 0.98 | 1.13 | 1.46 |
| Debt / equity | 0.71 | 0.71 | 0.64 | 0.62 | 0.57 | 0.52 | 0.48 | 0.54 | 0.53 | 0.38 |
| Equity / assets | 54.6% | 53.4% | 55.6% | 54.6% | 55.9% | 58.9% | 60.5% | 58.6% | 60.2% | 65.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in Brazilian reais as reported (latest annual report filed June 30, 2026); data from EODHD.
LND financial position
At the end of fiscal 2026 (June 30, 2026), BrasilAgro - Companhia Brasileira de Propriedades Agrícolas had total assets of R$3.7 billion (up 2.7% from a year earlier), total liabilities of R$1.7 billion and shareholders' equity of R$2.0 billion. It held R$184.6 million in cash and short-term investments against R$1.4 billion of debt, net debt of R$1.2 billion. Its current ratio was 1.54.
Related: LND income statement, LND cash flow statement, LND key metrics. See the LND stock overview for the latest quote and news.
LND balance sheet FAQ
What are BrasilAgro - Companhia Brasileira de Propriedades Agrícolas's total assets?
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas reported total assets of R$3.7 billion at the end of fiscal 2026 (June 30, 2026), compared with R$3.6 billion a year earlier.
How much debt does BrasilAgro - Companhia Brasileira de Propriedades Agrícolas have?
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas had R$1.4 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.71.
How much cash does BrasilAgro - Companhia Brasileira de Propriedades Agrícolas have?
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas held R$184.6 million in cash and short-term investments at the end of fiscal 2026; with R$1.4 billion of debt that is net debt of R$1.2 billion.
What is BrasilAgro - Companhia Brasileira de Propriedades Agrícolas's book value?
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas's shareholders' equity (book value) was R$2.0 billion at the end of fiscal 2026.
What is BrasilAgro - Companhia Brasileira de Propriedades Agrícolas's current ratio?
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas had current assets of R$1.1 billion and current liabilities of R$706.5 million, a current ratio of 1.54 (it can cover its short-term obligations).
How much goodwill does BrasilAgro - Companhia Brasileira de Propriedades Agrícolas have?
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas carried R$5.0 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2026.