PK: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, PK has $7,658M in assets. $4,625M in debts. $156M in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Property and equipment, net	6,976	6,955	7,174	7,176
Assets held for sale, net	0	14	-	-
Contract asset	-	0	868	852
Intangibles, net	41	41	41	41
Cash and cash equivalents	156	232	278	319
Restricted cash	34	32	31	28
Accounts receivable, net of allowance for doubtful accounts of 3 and 2	142	116	124	129
Prepaid expenses	66	60	55	72
Other assets	77	80	78	69
Operating lease right-of-use assets	166	170	181	184
Total assets (variable interest entities 207 and 207)	7,658	7,700	8,830	8,870

Debt	3,838	3,838	3,839	3,840
Debt associated with hotels in receivership	-	0	725	725
Accrued interest associated with hotels in receivership	-	0	143	127
Accounts payable and accrued expenses	225	198	237	237
Dividends payable	50	56	56	55
Due to hotel managers	104	134	107	114
Other liabilities	201	189	182	165
Operating lease liabilities	207	209	215	219
Total liabilities (variable interest entities 197 and 198)	4,625	4,624	5,504	5,482
Common stock, par value 0.01 per share, 6,000,000,000 shares authorized, 202,511,845 shares issued and 201,249,407 shares outstanding as of march31, 2026 and 200,938,658 shares issued and 199,901,086 shares outstanding as of december31, 2025	2	2	2	2
Additional paid-in capital	4,023	4,031	4,027	4,022
Accumulated deficit	-937	-902	-647	-580
Total stockholders equity	3,088	3,131	3,382	3,444
Noncontrolling interests	-55	-55	-56	-56
Total equity	3,033	3,076	3,326	3,388
Total liabilities and equity	7,658	7,700	8,830	8,870

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.