Chiron Real Estate Inc. (XRN) Balance Sheet
XRN balance sheet, 2025
December 31, 2025 · U.S. dollars$1.24B assets = $712.4M liabilities + $530.1M equity
Both columns are drawn to the same scale: what XRN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
XRN financial health
Descriptive bands, not a rating. Fiscal 2025.
XRN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $227.3M2016 | $1.24B2025 | +20.8%/yr | |
| Total liabilities | $72.3M2016 | $712.4M2025 | +28.9%/yr | |
| Shareholders’ equity | $155.0M2016 | $509.8M2025 | +14.1%/yr | |
| Cash & short-term investments | $19.7M2016 | $12.4M2025 | −5.0%/yr | |
| Total debt | $66.5M2016 | $663.7M2025 | +29.1%/yr | |
| Net cash (debt) | −$46.9M2016 | −$651.3M2025 | −$604.4M | |
| Working capital | −$10.4M2016 | −$669.6M2025 | −$659.2M | |
| Current ratio | 0.682016 | 0.032025 | −0.65 | |
| Debt / equity | 0.432016 | 1.302025 | +0.87 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
XRN assets
XRN liabilities and equity
XRN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
XRN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $12.4M | $6.8M | $1.3M | $4.0M | $7.2M | $5.5M | $2.8M | $3.6M | $5.1M | $19.7M |
| Cash & equivalents | $12.4M | $6.8M | $1.3M | $4.0M | $7.2M | $5.5M | $2.8M | $3.6M | $5.1M | $19.7M |
| Receivables | $7.4M | $7.7M | $7.0M | $8.2M | $6.2M | $25.8M | $19.2M | $11.6M | $4.5M | $212,435 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$468.2M | $941,344 |
| Other current assets | $0 | $2.8M | $6.1M | $18.3M | $11.5M | $10.8M | $10.4M | $0 | $468.0M | $1.2M |
| Total current assets | $19.8M | $17.3M | $14.4M | $30.5M | $24.9M | $42.0M | $32.3M | $9.7M | $9.5M | $22.0M |
| Property, plant & equipment (net) | $15.7M | $7.3M | $11.0M | $5.0M | $3.8M | $978.7M | $793.0M | $139,000 | $426.3M | $196.4M |
| Goodwill & intangible assets | $52.2M | $60.0M | $71.9M | $97.2M | $93.8M | $58.2M | $41.5M | $36.3M | $31.6M | $7.1M |
| Long-term investments | $1.8M | $2.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.15B | $1.17B | $1.17B | $1.26B | $1.14B | $22.0M | $18.2M | $590.0M | $7.2M | $1.8M |
| Total assets | $1.24B | $1.26B | $1.27B | $1.39B | $1.26B | $1.10B | $884.9M | $636.1M | $474.6M | $227.3M |
| Liabilities | ||||||||||
| Accounts payable | $18.3M | $16.5M | $12.8M | $13.8M | $10.3M | $7.3M | $5.1M | $3.7M | $2.0M | $574,000 |
| Short-term debt | — | $631.7M | $585.3M | $636.4M | $514.6M | $18.1M | $6.5M | $276.4M | — | $27.7M |
| Deferred revenue | — | $6.7M | $5.1M | $4.4M | — | — | — | — | — | $3.2M |
| Total current liabilities | $689.4M | $671.5M | $619.3M | $670.5M | $540.6M | $37.8M | $24.8M | $288.0M | $173.6M | $32.5M |
| Long-term debt | $1.2M | $14.4M | $25.9M | $57.7M | $57.2M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $13.4M | $11.4M | $13.0M | $10.5M | $8.1M | — | — | — | — | — |
| Other long-term liabilities | $711.2M | $14.7M | $16.6M | $16.0M | $28.2M | $605.3M | $399.7M | $48.3M | $42.0M | $39.8M |
| Total liabilities | $712.4M | $700.6M | $661.9M | $744.2M | $625.9M | $643.1M | $424.6M | $336.3M | $215.6M | $72.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $13,000 | $67,000 | $66,000 | $66,000 | $65,000 | $49,000 | $44,000 | $26,000 | $22,000 | $17,606 |
| Retained earnings (deficit) | −$350.0M | −$293.7M | −$239.0M | −$198.7M | −$157.0M | −$116.8M | −$71.4M | −$45.0M | −$34.4M | −$17.0M |
| Accumulated other comprehensive income | — | $18.6M | $25.1M | $34.7M | −$6.6M | −$18.2M | −$6.7M | −$3.7M | $259.0M | $155.0M |
| Minority interest | $20.3M | $21.8M | $22.2M | $16.1M | — | — | — | — | — | — |
| Total shareholders' equity | $509.8M | $534.1M | $583.6M | $633.0M | $622.8M | $444.8M | $430.3M | $269.3M | $246.3M | $155.0M |
| Key figures | ||||||||||
| Total debt | $663.7M | $653.6M | $624.2M | $704.7M | $579.9M | $607.6M | $395.1M | $315.0M | $203.4M | $66.5M |
| Net cash (debt) | −$651.3M | −$646.8M | −$622.9M | −$700.6M | −$572.6M | −$602.1M | −$392.3M | −$311.4M | −$198.3M | −$46.9M |
| Working capital | −$669.6M | −$654.1M | −$605.0M | −$640.0M | −$515.6M | $4.2M | $7.5M | −$278.3M | −$164.1M | −$10.4M |
| Tangible book value | $457.6M | $474.2M | $511.7M | $535.8M | $528.9M | $386.6M | $388.8M | $233.0M | $214.7M | $147.9M |
| Book value per share | $38.10 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 13.4M | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.03 | 0.03 | 0.02 | 0.05 | 0.05 | 1.11 | 1.30 | 0.03 | 0.05 | 0.68 |
| Quick ratio | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 | 0.83 | 0.88 | 0.05 | 0.06 | 0.61 |
| Debt / equity | 1.30 | 1.22 | 1.07 | 1.11 | 0.93 | 1.37 | 0.92 | 1.17 | 0.83 | 0.43 |
| Equity / assets | 41.0% | 42.5% | 46.0% | 45.4% | 49.3% | 40.4% | 48.6% | 42.3% | 51.9% | 68.2% |
| 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 | $10.7M | $8.2M | $12.4M | $10.4M | $6.6M | $8.5M | $6.8M | $5.7M | $5.0M | $1.3M | $1.3M | $17.5M |
| Cash & equivalents | $10.7M | $8.2M | $12.4M | $10.4M | $6.6M | $8.5M | $6.8M | $5.7M | $5.0M | $1.3M | $1.3M | $17.5M |
| Receivables | $6.8M | $6.8M | $7.4M | $36.7M | $8.3M | $36.2M | $7.7M | $8.5M | $8.5M | $8.1M | $7.0M | $34.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $367,000 | $3.2M | $420,000 | $2.8M | $3.8M | $3.8M | $7.2M | $6.1M | $0 |
| Total current assets | $13.7M | $15.0M | $19.8M | $47.5M | $18.1M | $45.1M | $17.3M | $18.0M | $17.2M | $16.6M | $14.4M | $25.3M |
| Property, plant & equipment (net) | $21.8M | $14.7M | $15.7M | $1.14B | $18.1M | $1.14B | $14.0M | $15.8M | $12.4M | $11.5M | $11.0M | $7.9M |
| Goodwill & intangible assets | $146.4M | $150.5M | $52.2M | $42.3M | $122.9M | $44.3M | $60.0M | $6.3M | $62.3M | $67.1M | $71.9M | $76.7M |
| Long-term investments | $32.6M | $8.9M | $1.8M | $1.8M | $1.9M | $2.0M | $2.1M | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.16B | $1.05B | $1.15B | $37.1M | $1.14B | $42.5M | $1.16B | $1.20B | $1.15B | $1.17B | $1.17B | $1.19B |
| Total assets | $1.37B | $1.24B | $1.24B | $1.27B | $1.30B | $1.27B | $1.26B | $1.24B | $1.24B | $1.26B | $1.27B | $1.30B |
| Liabilities | ||||||||||||
| Accounts payable | $21.0M | $15.0M | $18.3M | $17.8M | $19.0M | $14.5M | $16.5M | $13.3M | $12.0M | $10.5M | $12.8M | — |
| Short-term debt | $658,000 | $662.3M | — | $280,000 | $698.8M | $13.8M | $631.7M | $614.4M | $599.0M | $592.1M | $585.3M | $298,000 |
| Deferred revenue | — | $5.0M | — | — | $4.8M | — | $6.7M | $4.8M | $5.1M | $5.1M | $5.1M | — |
| Total current liabilities | $658,000 | $695.1M | $689.4M | $280,000 | $35.8M | $13.8M | $671.5M | $649.1M | $632.4M | $623.9M | $619.3M | $33.6M |
| Long-term debt | $633.1M | $1.1M | $1.2M | $709.6M | $713.0M | $14.2M | $14.4M | $14.5M | $0 | $0 | $0 | $0 |
| Lease obligations | $13.4M | $13.3M | $13.4M | $19.0M | $19.7M | $15.1M | $7.5M | $7.5M | — | — | — | — |
| Other long-term liabilities | $54.6M | $21.2M | $711.2M | $57.5M | $23.1M | $703.4M | $14.7M | $14.4M | $30.5M | $42.6M | $42.5M | $74.2M |
| Total liabilities | $687.7M | $717.4M | $712.4M | $767.4M | $771.9M | $731.5M | $700.6M | $678.0M | $662.8M | $666.5M | $661.9M | $668.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $13,000 | $13,000 | $13,000 | $13,000 | $67,000 | $67,000 | $67,000 | $67,000 | $66,000 | $66,000 | $66,000 | $66,000 |
| Retained earnings (deficit) | −$303.7M | −$360.6M | −$350.0M | −$332.6M | −$316.5M | −$305.7M | −$293.7M | −$281.1M | −$268.9M | −$252.0M | −$239.0M | −$224.4M |
| Accumulated other comprehensive income | $10.9M | $7.2M | — | — | $10.4M | — | $18.6M | $15.0M | $27.7M | $29.3M | $25.1M | $38.4M |
| Minority interest | $27.1M | $20.4M | $20.3M | $20.5M | $21.8M | — | — | — | — | — | — | — |
| Total shareholders' equity | $656.9M | $500.2M | $509.8M | $485.3M | $503.2M | $517.4M | $534.1M | $542.6M | $556.4M | $575.0M | $583.6M | $611.4M |
| Key figures | ||||||||||||
| Total debt | $636.9M | $676.7M | $663.7M | $747.4M | $1.43B | $706.6M | $657.5M | $640.1M | $625.5M | $630.3M | $618.9M | $631.1M |
| Net cash (debt) | −$626.3M | −$668.6M | −$651.3M | −$737.0M | −$1.42B | −$698.1M | −$650.7M | −$634.3M | −$620.5M | −$629.0M | −$617.6M | −$613.6M |
| Working capital | $13.0M | −$680.1M | −$669.6M | $47.2M | −$17.8M | $31.2M | −$654.1M | −$631.1M | −$615.1M | −$607.2M | −$605.0M | −$8.3M |
| Tangible book value | $510.6M | $349.7M | $457.6M | $442.9M | $380.3M | $473.1M | $474.2M | $536.3M | $494.1M | $507.8M | $511.7M | $534.8M |
| Book value per share | $49.64 | $37.79 | $38.13 | $36.23 | $37.62 | $38.68 | $199.78 | — | — | — | — | — |
| Shares outstanding | 13.2M | 13.2M | 13.4M | 13.4M | 13.4M | 13.4M | 2.7M | — | — | — | — | — |
| Current ratio | 20.79 | 0.02 | 0.03 | 169.59 | 0.50 | 3.26 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.75 |
| Quick ratio | 26.51 | 0.02 | 0.03 | 168.28 | 0.41 | 3.23 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 1.54 |
| Debt / equity | 0.97 | 1.35 | 1.30 | 1.54 | 2.84 | 1.37 | 1.23 | 1.18 | 1.12 | 1.10 | 1.06 | 1.03 |
| Equity / assets | 47.9% | 40.4% | 41.0% | 38.1% | 38.8% | 40.8% | 42.5% | 43.7% | 44.8% | 45.5% | 46.0% | 46.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
XRN financial position
At the end of fiscal 2025 (December 31, 2025), Chiron Real Estate had total assets of $1.2 billion (down 1.1% from a year earlier), total liabilities of $712.4 million and shareholders' equity of $509.8 million. It held $12.4 million in cash and short-term investments against $663.7 million of debt, net debt of $651.3 million. Its current ratio was 0.03. In the latest quarter (ended June 30, 2026) total assets were $1.4 billion and equity $656.9 million.
Related: XRN income statement, XRN cash flow statement, XRN key metrics. See the XRN stock overview for the latest quote and news.
XRN balance sheet FAQ
What are Chiron Real Estate's total assets?
Chiron Real Estate reported total assets of $1.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.3 billion a year earlier.
How much debt does Chiron Real Estate have?
Chiron Real Estate had $663.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.30.
How much cash does Chiron Real Estate have?
Chiron Real Estate held $12.4 million in cash and short-term investments at the end of fiscal 2025; with $663.7 million of debt that is net debt of $651.3 million.
What is Chiron Real Estate's book value?
Chiron Real Estate's shareholders' equity (book value) was $509.8 million at the end of fiscal 2025, or $38.10 per share.
What is Chiron Real Estate's current ratio?
Chiron Real Estate had current assets of $19.8 million and current liabilities of $689.4 million, a current ratio of 0.03 (current liabilities exceed current assets).
How much goodwill does Chiron Real Estate have?
Chiron Real Estate carried $52.2 million of goodwill and intangible assets, 4.2% of total assets, at the end of fiscal 2025.