Logistic Properties of the Americas (LPA) Balance Sheet
LPA balance sheet, 2025
December 31, 2025 · U.S. dollars$700.8M assets = $376.2M liabilities + $324.6M equity
Both columns are drawn to the same scale: what LPA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LPA financial health
Descriptive bands, not a rating. Fiscal 2025.
LPA balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $101.6M2016 | $700.8M2025 | +23.9%/yr | |
| Total liabilities | $495,6782016 | $376.2M2025 | +108.9%/yr | |
| Shareholders’ equity | $85.4M2016 | $256.7M2025 | +13.0%/yr | |
| Cash & short-term investments | $16.4M2016 | $27.4M2025 | +5.9%/yr | |
| Total debt | $39.0M2017 | $308.6M2025 | +29.5%/yr | |
| Net cash (debt) | −$28.5M2017 | −$281.2M2025 | −$252.7M | |
| Working capital | $15.9M2016 | $28.0M2025 | +$12.1M | |
| Book value per share | $7.392024 | $8.092025 | +9.5%/yr | |
| Current ratio | 33.142016 | 3.692025 | −29.45 | |
| Debt / equity | 0.332017 | 1.202025 | +0.87 | |
| Shares outstanding | 31.0M2024 | 31.7M2025 | +2.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LPA assets
LPA liabilities and equity
LPA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LPA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $27.4M | $23.7M | $32.2M | $12.5M | $13.0M | $15.5M | $26.2M | $12.9M | $10.5M | $16.4M |
| Cash & equivalents | $27.4M | $23.7M | $32.2M | $12.5M | $13.0M | $15.5M | $26.2M | $12.9M | $10.5M | $16.4M |
| Short-term investments | — | $3.6M | $3.0M | — | — | — | — | — | — | — |
| Receivables | $11.0M | $8.0M | $19.3M | $11.5M | $1.9M | $1.8M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $6.8M | $8.6M | $13.5M | $4.4M | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $8.4M | $583,610 | $712,609 | $1.2M | $2.3M | $0 | $0 | $0 | $0 |
| Total current assets | $38.4M | $40.0M | $58.9M | $33.3M | $29.6M | $23.9M | $26.2M | $12.9M | $10.5M | $16.4M |
| Property, plant & equipment (net) | $355,265 | $415,711 | $533,897 | $427,719 | $637,867 | $799,269 | $304.8M | $191.1M | $140.3M | $58.1M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $662.0M | $566.6M | $531.4M | $463.9M | $447.6M | $384.5M | $27.4M | $21.4M | $20.7M | $27.1M |
| Total assets | $700.8M | $607.0M | $590.8M | $497.6M | $477.8M | $409.3M | $358.4M | $225.4M | $171.5M | $101.6M |
| Liabilities | ||||||||||
| Accounts payable | $7.3M | $3.2M | $8.0M | $4.9M | $6.6M | $13.6M | — | — | — | — |
| Short-term debt | $10.4M | $13.1M | $16.9M | $110.9M | $23.5M | $11.6M | — | — | — | — |
| Deferred revenue | — | $259,983 | $299,729 | $7.4M | $5.6M | $637,694 | — | — | — | — |
| Total current liabilities | $10.4M | $26.5M | $34.6M | $125.7M | $37.0M | $25.9M | $2.7M | $1.6M | $1.2M | $495,678 |
| Long-term debt | $298.2M | $266.2M | $253.2M | $98.4M | $165.2M | $114.9M | $0 | $0 | $0 | $0 |
| Lease obligations | $13.3M | $13.4M | $3.2M | — | — | — | — | — | — | — |
| Other long-term liabilities | $67.6M | $43.5M | $42.2M | $39.5M | $38.1M | $30.1M | $139.0M | $67.2M | $52.6M | $0 |
| Total liabilities | $376.2M | $336.2M | $329.9M | $263.6M | $240.3M | $170.9M | $141.7M | $68.8M | $53.8M | $495,678 |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3,186 | $3,180 | $168.1M | $168.1M | $168.1M | $100 | $100 | $100 | $100 | $100 |
| Retained earnings (deficit) | $49.1M | $38.6M | $67.9M | $64.7M | $56.7M | $52.6M | $55.7M | $33.7M | $20.9M | −$5.3M |
| Accumulated other comprehensive income | −$9.6M | −$26.7M | −$13.7M | −$32.1M | −$18.5M | −$6.0M | −$3.3M | −$2.7M | $663,804 | $571,024 |
| Minority interest | $67.9M | $41.8M | $38.6M | $33.3M | — | — | — | — | — | — |
| Total shareholders' equity | $256.7M | $229.0M | $222.3M | $200.8M | $206.3M | $214.7M | $208.8M | $148.7M | $117.7M | $85.4M |
| Key figures | ||||||||||
| Total debt | $308.6M | $279.3M | $273.0M | $209.3M | $188.7M | $126.5M | $103.1M | $44.8M | $39.0M | — |
| Net cash (debt) | −$281.2M | −$255.7M | −$240.8M | −$196.8M | −$175.7M | −$111.0M | −$76.9M | −$31.8M | −$28.5M | — |
| Working capital | $28.0M | $13.5M | $24.4M | −$92.3M | −$7.4M | −$2.0M | $23.5M | $11.4M | $9.3M | $15.9M |
| Tangible book value | $256.7M | $229.0M | $222.3M | $200.8M | $206.3M | $214.7M | $208.8M | $148.7M | $117.7M | $85.4M |
| Book value per share | $8.09 | $7.39 | — | — | — | — | — | — | — | — |
| Shares outstanding | 31.7M | 31.0M | — | — | — | — | — | — | — | — |
| Current ratio | 3.69 | 1.51 | 1.70 | 0.27 | 0.80 | 0.92 | 9.76 | 8.27 | 8.97 | 33.14 |
| Quick ratio | 3.69 | 1.19 | 1.49 | 0.19 | 0.40 | 0.67 | 9.76 | 8.27 | 8.97 | 33.14 |
| Debt / equity | 1.20 | 1.22 | 1.23 | 1.04 | 0.91 | 0.59 | 0.49 | 0.30 | 0.33 | — |
| Equity / assets | 36.6% | 37.7% | 37.6% | 40.4% | 43.2% | 52.5% | 58.3% | 65.9% | 68.6% | 84.1% |
| 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 | $33.6M | $28.3M | $20.7M | $18.0M | $25.6M | $27.0M | $32.4M | $31.4M | $48.2M | $40.7M | $40.7M | $11.7M |
| Cash & equivalents | $33.6M | $28.3M | $20.7M | $18.0M | $25.6M | $27.0M | $23.7M | $31.4M | $48.2M | $40.7M | $40.7M | $11.7M |
| Short-term investments | — | — | — | $0 | $0 | $0 | $3.6M | $4.8M | — | — | — | — |
| Receivables | $3.7M | $10.6M | $9.6M | $9.3M | $7.4M | $5.4M | $2.6M | $9.0M | $10.6M | $12.4M | $12.4M | $2.3M |
| Inventory | $5,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.5M | $6.8M | $3.4M | $19.6M |
| Other current assets | $8.7M | $0 | $9.3M | $3.5M | $5.0M | $4.5M | $4.9M | $3.0M | $651,782 | $0 | $881,461 | $13.0M |
| Total current assets | $46.0M | $38.8M | $39.6M | $30.8M | $38.0M | $36.8M | $40.0M | $43.4M | $63.9M | $57.3M | $57.3M | $46.5M |
| Property, plant & equipment (net) | $704.7M | $356,883 | $398,145 | $374,414 | $303,259 | $301,854 | $415,711 | $323,609 | $329,868 | $347,819 | $347,819 | $367,555 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $664.4M | $660.8M | $635.9M | $590.3M | $578.9M | $566.6M | $552.7M | $540.0M | $541.6M | $541.6M | $507.5M |
| Total assets | $745.2M | $703.6M | $700.8M | $667.0M | $628.6M | $616.0M | $607.0M | $596.4M | $604.2M | $599.3M | $599.3M | $554.4M |
| Liabilities | ||||||||||||
| Accounts payable | $10.6M | $11.3M | $7.3M | $14.2M | $12.6M | $11.5M | $3.2M | $8.4M | $12.1M | $16.9M | $16.9M | $11.5M |
| Short-term debt | $11.4M | $11.7M | $10.4M | $10.1M | $10.1M | $10.1M | $0 | $10.9M | $12.3M | $17.4M | $17.4M | $10.5M |
| Deferred revenue | $81,506 | — | — | — | $122,715 | $189,261 | — | $337,672 | $1.8M | $8.9M | $16.4M | $665,462 |
| Total current liabilities | $25.6M | $11.7M | $32.0M | $29.2M | $26.1M | $24.8M | $26.5M | $24.6M | $26.9M | $51.5M | $51.5M | $31.7M |
| Long-term debt | $310.2M | $297.4M | $298.2M | $283.5M | $279.8M | $269.2M | $266.2M | $260.5M | $263.6M | $250.6M | $253.2M | $224.1M |
| Lease obligations | $14.0M | $13.7M | $13.3M | $13.0M | $13.8M | $13.6M | $13.4M | $421,810 | — | — | $3.2M | — |
| Other long-term liabilities | $67.4M | $74.7M | $46.0M | $46.3M | $44.6M | $44.2M | $43.5M | $44.9M | $44.4M | $45.3M | $42.8M | $45.0M |
| Total liabilities | $403.2M | $383.7M | $376.2M | $359.0M | $350.6M | $338.3M | $378.1M | $330.0M | $335.0M | $347.4M | $347.4M | $300.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3,168 | $3,177 | $3,186 | $3,190 | $3,190 | $3,186 | $3,180 | $3,180 | $3,171 | $168.1M | $168.1M | $168.1M |
| Retained earnings (deficit) | $53.9M | $41.2M | $49.1M | $41.4M | $36.7M | $37.9M | $38.6M | $34.7M | $29.8M | $41.8M | $41.8M | $69.7M |
| Accumulated other comprehensive income | $1.5M | −$6.7M | −$9.6M | −$14.1M | −$18.6M | −$21.7M | — | −$21.6M | −$21.4M | −$14.3M | −$14.3M | −$19.8M |
| Minority interest | $68.6M | $67.8M | $67.9M | $63.9M | $43.9M | — | — | — | — | — | — | — |
| Total shareholders' equity | $273.4M | $252.1M | $256.7M | $244.1M | $234.1M | $232.7M | $229.0M | $231.0M | $224.6M | $210.4M | $210.4M | $218.1M |
| Key figures | ||||||||||||
| Total debt | $334.8M | $322.3M | $308.6M | $293.6M | $289.9M | $279.3M | $266.2M | $271.5M | $275.9M | $268.0M | $268.0M | $234.7M |
| Net cash (debt) | −$301.2M | −$294.0M | −$287.9M | −$275.7M | −$264.4M | −$252.4M | −$233.8M | −$240.1M | −$227.7M | −$227.3M | −$227.3M | −$223.0M |
| Working capital | $20.5M | $27.2M | $7.6M | $1.5M | $11.9M | $12.0M | $13.5M | $18.7M | $37.0M | $5.8M | $5.8M | $14.8M |
| Tangible book value | $273.4M | $252.1M | $256.7M | $244.1M | $234.1M | $232.7M | $229.0M | $231.0M | $224.6M | $210.4M | $210.4M | $218.1M |
| Book value per share | $8.59 | $7.97 | $8.09 | $7.71 | $7.41 | $7.36 | $7.23 | $7.23 | $7.05 | — | — | — |
| Shares outstanding | 31.8M | 31.6M | 31.7M | 31.7M | 31.6M | 31.6M | 31.7M | 32.0M | 31.9M | — | — | — |
| Current ratio | 1.80 | 3.33 | 1.24 | 1.05 | 1.45 | 1.48 | 1.51 | 1.76 | 2.37 | 1.11 | 1.11 | 1.47 |
| Quick ratio | 1.46 | 3.33 | 0.95 | 0.93 | 1.26 | 1.30 | 1.32 | 1.64 | 2.18 | 1.03 | 1.03 | 0.44 |
| Debt / equity | 1.22 | 1.28 | 1.20 | 1.20 | 1.24 | 1.20 | 1.16 | 1.18 | 1.23 | 1.27 | 1.27 | 1.08 |
| Equity / assets | 36.7% | 35.8% | 36.6% | 36.6% | 37.2% | 37.8% | 37.7% | 38.7% | 37.2% | 35.1% | 35.1% | 39.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 18, 2026); data from EODHD.
LPA financial position
At the end of fiscal 2025 (December 31, 2025), Logistic Properties of the Americas had total assets of $700.8 million (up 15.4% from a year earlier), total liabilities of $376.2 million and shareholders' equity of $256.7 million. It held $27.4 million in cash and short-term investments against $308.6 million of debt, net debt of $281.2 million. Its current ratio was 3.69. In the latest quarter (ended June 30, 2026) total assets were $745.2 million and equity $273.4 million.
Related: LPA income statement, LPA cash flow statement, LPA key metrics. See the LPA stock overview for the latest quote and news.
LPA balance sheet FAQ
What are Logistic Properties of the Americas's total assets?
Logistic Properties of the Americas reported total assets of $700.8 million at the end of fiscal 2025 (December 31, 2025), compared with $607.0 million a year earlier.
How much debt does Logistic Properties of the Americas have?
Logistic Properties of the Americas had $308.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.20.
How much cash does Logistic Properties of the Americas have?
Logistic Properties of the Americas held $27.4 million in cash and short-term investments at the end of fiscal 2025; with $308.6 million of debt that is net debt of $281.2 million.
What is Logistic Properties of the Americas's book value?
Logistic Properties of the Americas's shareholders' equity (book value) was $256.7 million at the end of fiscal 2025, or $8.09 per share.
What is Logistic Properties of the Americas's current ratio?
Logistic Properties of the Americas had current assets of $38.4 million and current liabilities of $10.4 million, a current ratio of 3.69 (it can cover its short-term obligations).