INVH: the balance sheet

MyFinsight

For the year ending 2025-12-31, INVH has $18,680,290K in assets. $9,112,398K in debts. $129,971K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
48.78%
Assets Breakdown
Building and improvements
Less accumulated depreciation
Land
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Term loan facilities, net
Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Land	4,986,353	4,901,192	4,881,890	4,800,110
Building and improvements	17,789,827	17,180,308	16,670,006	15,900,825
Total gross investments in the properties	22,776,180	22,081,500	21,551,896	20,700,935
Less accumulated depreciation	5,501,558	4,869,374	4,262,682	3,670,561
Investments in single-family residential properties, net	17,274,622	17,212,126	17,289,214	17,030,374
Cash and cash equivalents	129,971	174,491	700,618	262,870
Restricted cash	224,894	245,202	196,866	191,057
Goodwill	258,207	258,207	258,207	258,207
Investments in unconsolidated joint ventures	254,561	241,605	247,166	280,571
Investments in equity and other securities	63,122	60,120	55,991	22,413
Rent and other receivables, net	59,947	61,235	60,810	54,091
Held for sale assets	58,563	49,434	46,203	29,842
Corporate fixed assets, net	56,613	42,704	31,474	24,484
Prepaid expenses	56,278	49,877	47,770	41,972
Investments in debt securities, net	54,972	54,619	86,471	86,980
Rou lease assets operating and finance, net	45,949	28,830	13,532	16,534
Amounts deposited and held by others	39,419	93,965	92,151	97,709
Investments in land held for development	23,839	-	-	-
Deferred financing costs, net	17,230	23,579	2,972	5,850
Derivative instruments (note 8)	14,354	61,479	75,488	119,193
Other	47,749	43,478	16,034	14,561
Other assets, net	538,035	569,320	528,896	513,629
Total assets	18,680,290	18,700,951	19,220,967	18,536,708

Secured debt, net	1,384,114	983,924	1,627,256	1,645,795
Secured term loan, net	-	401,649	401,515	401,530
Unsecured notes, net	4,398,921	3,800,688	3,305,467	2,518,185
Term loan facilities, net	2,451,985	2,446,041	3,211,814	3,203,567
Revolving facility	145,000	570,000	0	0
Convertible senior notes, net	-	-	-	0
Accounts payable and accrued expenses	230,350	247,709	200,590	198,423
Resident security deposits	184,536	180,866	180,455	175,552
Other liabilities	317,492	277,565	103,435	70,025
Total liabilities	9,112,398	8,908,442	9,030,532	8,213,077
Common stock, 0.01 par value per share, 9,000,000,000 shares authorized, 610,788,732 and 612,605,478 outstanding as of december31, 2025 and 2024, respectively	6,108	6,126	6,120	6,114
Additional paid-in capital	11,128,590	11,170,597	11,156,736	11,138,463
Accumulated deficit	-1,610,981	-1,480,928	-1,070,586	-951,220
Accumulated other comprehensive income	6,415	60,969	63,701	97,985
Total stockholders equity	9,530,132	9,756,764	10,155,971	10,291,342
Non-controlling interests	37,760	35,745	34,464	32,289
Total equity	9,567,892	9,792,509	10,190,435	10,323,631
Total liabilities and equity	18,680,290	18,700,951	19,220,967	18,536,708

Unit: Thousand (K) dollars

MyFinsight

Balance Sheets Overview

Debt to Asset Ratio
48.78%
Assets Breakdown
Building and improvements
Less accumulated depreciation
Land
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Term loan facilities, net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio
48.78%
Assets Breakdown
Building and improvements
Less accumulated depreciation
Land
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Term loan facilities, net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio48.78%Assets BreakdownBuilding and improvementsLess accumulated depreciationLandOthersLiabilities BreakdownAdditional paid-in capitalUnsecured notes, netTerm loan facilities, netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio48.78%Assets BreakdownBuilding and improvementsLess accumulated depreciationLandOthersLiabilities BreakdownAdditional paid-in capitalUnsecured notes, netTerm loan facilities, netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Debt to Asset Ratio
48.78%
Assets Breakdown
Building and improvements
Less accumulated depreciation
Land
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Term loan facilities, net
Others

Debt to Asset Ratio
48.78%
Assets Breakdown
Building and improvements
Less accumulated depreciation
Land
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Term loan facilities, net
Others